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Farm - residential for sale

Tealby Road, Market Rasen, LN8
Offers in excess of

£1,525,000

Interested in this property? Call us on 01673 843011

Property features

  • 4 Bed Det Farmhouse
  • 1 Bed Annexe
  • Farm Shop & Cafe
  • Modern Farm Buidlings
  • Land extending to 94.47 Acres
  • Sought After Wolds Location

Property location

Property description

Summary

Poplar Farm comprises a 4 bed detached farmhouse, with a separate 1 bedroom living Annexe, a range of traditional and modern farm buildings in all about 94.47 Acres.
The traditional buildings have been converted into a farm shop, café and restaurant, known as “Sunnyside Up”. The business has been operating for about 15 years and has an excellent reputation and local client base.
The property offers an excellent opportunity for the continuation of the existing business. Alternatively the commercial buildings could offer scope for a number of alternative diversification or leisure uses (subject to planning).
The farm is situated on Tealby Road (B1203) approximately 2.5km North East of Market Rasen. See plan.
The Selling Agents are favoured with instructions to offer 297 Acres of adjoining agricultural land in separate ownership for sale by private treaty, as a whole or in 5 lots. Prospective purchasers may wish to benefit from the considerable potential this is considered to offer – further details on request.

Poplar Farm:
A brick and pantile construction, detached dwelling extended circa 1997 by local builders Hardy Bros. Providing separate accommodation in the form of a 1 bedroom Annexe. (See floorplan).

The Annexe:

Kitchen/Garden Room: 7.55m x 4.42m (24'9" x 14'6")
Tiled floor fully fitted kitchen with granite worktops, range cooker with extractor fan, dishwasher. Underfloor heating in garden room.

Dining Area: 3.89m x 2.64m (12'9" x 8'8")

Lounge: 5.25m x 4.25 (17'3" x 13'11")
Wood burning stove.

Bedroom One: 4.25m x 3.93m (13'11" x 12'11")
Integral headboard storage units and wardrobes.

Bath/Shower Room: 3.15m x 2.22m (10'4" x 7'3")
Tiled floor, bath, separate shower, WC, hand basin, heated towel rail.

The Main House:

Ground Floor:

Entrance Hall:
Door off to WC with hand basin.

Office: 3.55m x 2.37m (11'8" x 7'9")

Utility Room: 3.69m x 3.42m (12'1" x 11'3")
(Shared with Annexe) hand basin with built in storage units. Plumbing for washing machine, shared boiler (with Annexe), door to garden.

Kitchen: 6.91m x 3.52m (22'8" x 11'7")
Tiled floor, fully fitted kitchen with walk in pantry. Oil fired AGA.

Family Room: 3.63m x 2.44m (11'11" x 8'0")
Wood floor, French doors to garden.

Sitting Room: 5.06m x 4.46m (16'7" x 14'8")
Open fireplace.

Dining Room: 4.57m x 3.99m (15'0" x 13'1")
Open fireplace, cast iron fire surround with decorative tiled surround and hearth.

Front Lobby:
Front door to garden.

First Floor:

Bedroom Two: 4.46m x 2.94m (14'8" x 9'8")
With walk in wardrobe (2.33 x 2.08) and en-suite (2.02x2.04) with shower, WC, hand basin, heated towel rail.

Bedroom Three: 3.67m x 3.3m (12'0" x 10'10")
Integral wardrobes.

Bedroom Four: 4.04m x 2.73m (13'3" x 8'11")
Integral wardrobe.

Bedroom Five: 3.05m x 2.57m (10'0" x 8'5")
Integral wardrobe.

Bathroom: 2.9m x 1.75m (9'6" x 5'9")
Fully tiled with WC, Bath with shower over, hand basin, heated towel rail.

Garden:
With integral BBQ, greenhouse, garden shed, kitchen garden with raised beds and raised seating area.

There is a recently replaced plastic oil tank for the central heating (2000 litres).

"Sunnyside Up" Farm Shop, Cafe and Restaurant:
A thriving diversification business to be sold as a going concern. Goodwill to be included in the sale and dead stock available at valuation cost. Accounts are available for inspection subject to signing a confidentiality agreement.
The farms pedigree Lincoln Red cattle are sold through the on-site Butchers shop.
The herd is available for purchase by separate negotiation.
Considered suitable for a number of alternative commercial uses (Subject to planning).

Ground Floor:

Cold Store: 3.63m x 2.84m (11'11" x 9'4")
With wall racking.

Prep Room: 6.14m x 3.62m (20'2" x 11'11")
Tiled floor, double hand basin, worktops.

Butchers Shop: 5.5m x 3.62m (18'1" x 11'11")
Tiled floor, chilled service counters.

Shop Two: 5.5m x 4.59m (18'1" x 15'1")
Tiled floor, service counter, fridge unit.

Shop One: 7.92m x 5.3m (26'0" x 17'5")
Tiled floor, service counter, shelving, fridge units underfloor heating. Stairs to restaurant.

Café: 7.51m x 5.3m (24'8" x 17'5")
Tiled floor, underfloor heating, patio doors to outdoor seating area.

WC:
Two separate unisex WC's ( x1 disabled).

Kitchen: 4.77m x 4.01m (15'8" x 13'2")
Fully fitted commercial kitchen. Tiled floor, stainless units, gas hob, commercial cookers and dishwasher.

Upstairs:

Restaurant: 7.51m x 5.3m (24'8" x 17'5")
External fire escape.

Outside:
Patio with seating area
Car parking area
Children's play area
Large wooden garden shed/ store room
Freezer (4.24m x 2.76m)
Lorry chiller unit
Generator

Services:
The property has mains water and electricity,
Oil fired central heating, with a shared boiler with separate controls for the Annexe.
Drainage is to a septic tank. The house is double glazed throughout.
There is a diesel generator providing backup for the house, Annexe and shop/yard.
A separate lorry chiller unit (not shown on the floorplan) is in the yard area adjacent to the butchers' prep room.
Butchers shops and Prep room are air conditioned.
Commercial gas tank to serve Sunnyside Up kitchen.

Council Tax - Business Rates:
The premises have a Rateable value of £10,500.

Rates due 2018/19, £0 - Small business rate relief.

The farmhouse is Council Tax Band E and the Annexe is Band A.

Rates payable for 2018/9 are £2049.57 and £1117.95 respectively.

Agricultural Buildings:
The farmyard comprises a large cattle yard, implement shed and workshop.

There is also a field shelter in TF 1290-1627.

The Land:
The land lies within a ring fence and is classified Grade 3 on the Agricultural Land Classification Map. It is generally light and friable land considered suitable for cereals, sugar beet and potatoes.
The land is surrounded by a stock proof fence or hedge.
297 Acres of adjoining land in separate ownership is available in 5 lots. Contact the Agent for further details.

Basic Payment Scheme:
The land is registered on the Rural Land Registry and the Basic Payment is currently being claimed. The relevant number of Entitlements will be transferred to the successful purchaser. The vendor retains the right to the 2018 payment.

Cross Compliance:
Purchasers will be required to ensure the terms of Cross Compliance are adhered to until the end of the current scheme year, so as not to prejudice the vendors Basic Payment Scheme claim.

Land Drainage:
Drainage rates are payable in the amount of 284.5 pence per hectare (2018/19).

Public Rights of Way:
A Byway passes through the farm linking the adjoining Tealby road and Walesby road to the north west.

Wayleaves and Easements:
A wayleave payment is received each year for a small number of electricity poles which cross the farm.

Access:
Via the public highway, Tealby Road.

Sporting and Mineral Rights:
There will be included in the sale in so far as they are owned.

Tupe:
Where appropriate, the purchaser(s) will be responsible for complying with the statutory provision of the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) in relation to employees on the farm.

Planning:
The relevant planning authority is West Lindsey District council. The farm is situated in open countryside.

Prospective purchasers should direct any enquires regarding potential changes of use on the commercial buildings to the local Authority planning department 01427 676676.

References:

House::
96/P/0586 L100598 extension to dwelling to form self-contained living accommodation.

W117/475/95 L115455 extension to farm dwelling.

W117/264/91 extension to dwelling.

Shop::
L121073 retention of COU from former Ag buildings to tea room and farm shop (a copy of this permission is available from the Agents).

L124759 discharge of conditions.

Yard::
L126374 Ag building (cattle shed).

99/P/6014- L104967Ag building.

Tenure and Method of Sale:
The freehold property is offered for sale by private treaty as a whole with vacant possession. Depending on the level of interest the Agents reserve the right to invite best and final offers.

Guide Price:
Offers in excess of £1,525,000.

Interested in this property? Call us on 01673 843011
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PERKINS GEORGE MAWER & CO

01673 843011

Weekdays: 9:00am - 5:30pm
Saturday: 9:00am – 12noon

Corn Exchange Chambers, Queen Street, Market Rasen LN8 3EH

info@perkinsgeorgemawer.co.uk

Chartered Valuation Surveyors & Estate Agents
Agricultural & Fine Art Auctioneers