Farm for sale in Conisholme Road, North Somercotes, Louth LN11

The land consists of approximately 13.69 acres (5.54 ha) of productive arable land. The land is classified as Grade 2 and is offered for sale by Private Treaty as a Whole.

13.69 acres (5.54 hectares) or thereabouts of productive land available as a whole
Grade 2 Arable Land
Good Access
For Sale by Private Treaty

The land consists of approximately 13.69 acres (5.54 ha) of productive arable land. The land lies strategically on the fringe of the thriving village of North Somercotes, just 7.5 miles North East of the market town of Louth.

The Land
The arable land comprises of 13.69 acres or thereabouts within a single, regular shaped field parcel (edged red on the plan across). The land is classified as Grade 2 on the Land Classification Plan of England & Wales, and the soils form part of the Agney series, which are described as deep stoneless fine and coarse silty and sandy soils, suitable for growing a variety of cereals and some root crops.

Over recent years the land has been farmed as part of an arable rotation including cereal and potatoes. Details of the past cropping can be found later in this brochure. The boundaries are predominantly defined by ditches, mature hedgerows and domestic fences.

The Agents have been advised that the land benefits from an historic underdrainage scheme, however a plan of the scheme is not available.

The land is accessed over a right of way down a short but wide grass track (edged blue on the plan across) from the A1031, Conisholme Road.

Viewing
Unaccompanied viewings are permitted during daylight hours providing a copy of these particulars are to hand.

Method of Sale
The land is for sale by Private Treaty.

Outgoings and Charges
The land is subject to drainage rates payable to the Lindsay Marsh Drainage Board at the prevailing rate and the purchaser will be responsible for the payment of drainage rates from the date of completion on a pro-rata basis.

Tenure
The land is being sold freehold with vacant possession.

Wayleaves, Easements, Covenants and Rights of Way
The land is sold subject to and with the benefit of all existing wayleaves, easements and quasi-easements and rights of way, whether mentioned in these particulars or not.

Basic Payment Scheme
The land is registered with the Rural Payment Agency but since entitlements can no longer be transferred, the Vendor will retain the delinked payments and they will not be included within the sale.

Early Entry
The prospective purchaser shall be permitted on the land prior to completion under a license arrangement at their own risk or exchange of contracts all to be negotiated and subject to the holdover rights retained by the outgoing Tenant.

VAT

It is not anticipated that VAT will be charged, however, should any sale of any part of the land or any rights attached to it become a chargeable supply for the purposes of VAT, such tax will also be payable by the purchaser(s) in addition to the contract price.

Services
None as so far as the agents are aware.

Plans, Areas & Schedules
The schedule of areas and field numbers has been prepared within the offices of the sole agent and the information is based upon that of the agents’ mapping software. The back cropping has been supplied by the past tenant.

Environmental Land Management Schemes
The land is not entered into any Schemes.

Ingoing Valuation
Since there is no growing crop, there will be no ingoing valuation to pay for in terms of growing crops or acts of husbandry. Additionally, there will be no charge for UMVs and/or RMVs. There will be no claim for dilapidations or any other matters.

Planning
The property is situated within the East Lindsey lpa where the land is defined as open countryside. Any planning enquiries should be made prior to submitting an offer.

Boundaries
The buyer(s) shall be deemed to have full knowledge of all boundaries and neither the seller nor the selling agents will be responsible for defining ownership of the boundaries. A plan showing ownership according to the Land Registry Title Deeds is available from the Selling Agents.

Sporting & Mineral Rights
These are included in the sale where they are owned.

Vendors Solicitor
Sophie Barwood
Wilkin Chapman
Oxley House
Lincoln Way
Louth
LN11 0LS
Telephone – Email –

fmld rupr cmcl