Land for sale in Challacombe, Barnstaple, Devon EX31

Land And Old Stone Barns At Withycombe Farm, Challacombe, Barnstaple Devon EX31 4TU

Commercial pasture farmland with excellent income and a walled enclosure of old stone barns with alternative use potential (subject to planning).

Available as a whole or in up to 3 lots.

North Devon coast 9 miles; North Devon link road 12 miles; South Molton 12 miles; Barnstaple 12 miles

Run of grazing and mowing land | Current gross annual income in region of £60,000 | Old stone barns for refurbishment and potential re-use (subject to planning) | Outstanding location and views | Private water available | Mains water nearby | Well managed land and presented in excellent condition | Some steeper ground with
good sporting and conservation value.

About 218 acres (88 ha)
Available as a whole or in up to 3 lots
Guide Price £1,730,000

An additional 11 acres is available by separate negotiation.

Location
Situated in the highly desired Exmoor countryside, the land enjoys picturesque natural beauty, access to the coast, great schools and
local services.

There is a popular public house and village shop less than 1 mile away, with further facilities in nearby villages, Simonsbath & Exford. The historic market town of South Molton is also nearby, with a wide range of services and shops in the regional town of Barnstaple. The area is renowned for excellent walking, tourism and clear night skies.

The nearest mainline railway station is at Tiverton Parkway (40 miles/ circa 1 hour) with regular services to London Paddington (around 2 hours) and Exeter is around a 1 hour drive.

Lot 1
136.32 acres (55.17 ha)
Guide Price £1,000,000

The land consists of around 136 acres of predominantly pasture farmland in total, laid out in good sized fields with mature stock-proof field boundaries.

Access is along the farm driveway between the highway at point X on the plan to point Y. Works are due to be carried out by the vendor to widen the existing access onto the highway and to provide passing places along the track.

The field boundaries are excellent, having been recently re-fenced and the land itself is presented in very good heart. Most of the land is capable of being cut for silage and hay and there is a small valley along part of the western side which runs down to a small stream and is of grazing, sporting and conservation appeal.

The land is identified on the Cranfield University Soilscapes maps as “freely draining acid loamy soils over rock… …with potential for year-round grazing”.

Around 33 acres along the eastern side is fenced separately and is let to the local shoot for game cover crops with a commercial, high yielding income. This area could be reverted to commercial farmland upon termination of the tenancy.

Other than the 33 acres, the land is occupied on a short term licence for grazing and mowing and income is supplemented by a Countryside Stewardship Scheme and a lease of sporting rights.

There is a private borehole water supply connected to a 10,000 litre storage tank, gravity fed to field troughs. The pump requires
replacing but it is understood the system would then be operational. Strutt & Parker have not verified this information and applicants are asked to rely on their own enquiries before commitment to purchase.

Lot 2
40.04 acres (16.21 ha)
Guide Price £465,000

A parcel of pasture farmland and an enclosure of old stone barns with alternative use potential (subject to planning).

The land consists of a very good run of commercial pasture farmland, set across six south-facing field enclosures of a very good size
and shape.

The fields have been recently refenced and are presented in excellent condition. The land is identified on the Cranfield University Soilscapes maps as “freely draining acid loamy soils over rock… …with potential for year-round grazing”. The land is occupied on a short term licence for grazing and mowing and income is supplemented by a Countryside Stewardship Scheme and lease of sporting rights.

Included in this lot is an enticing range of old stone barns within a separate enclosure. The barns require extensive repairs but subject to the necessary consents, could be restored to former glory and alternative uses.

The views from the property are south facing and extensive, looking out across a beautiful part of the National Park.

Mains electricity & water is understood to run along the local highway (applicants to rely on their own enquiries). A metered private
borehole water supply is available (buyer to install a sub-meter).

The land fronts onto the local highway along the southern boundary and access is via a driveway into Withycombe Farm along the eastern boundary. Works are due to be carried out by the vendor to widen the existing access onto the highway and to provide passing places along the track.

Lot 3
42.12 acres (17.04ha)
Guide Price £265,000

A parcel of bare pasture farmland with direct road access.

The land consists of a total of around 40 acres across a series of 3 excellent, predominantly south facing pasture fields and an attractive valley.

The pasture land provides excellent grazing and mowing and is in very good condition with recently refenced boundaries and a number of historic earth bank hedgerows.

The land is identified on the Cranfield University Soilscapes maps as “freely draining acid loamy soils over rock… …with potential for year-round grazing”.

The land runs down into a valley along the western boundary which includes a spring and watercourse and a variety of habitat and ground cover.

It is occupied on a short term licence for grazing and mowing and income is supplemented by a Countryside Stewardship Scheme and lease of sporting rights.

Mains electricity & water is understood to run along the local highway (applicants to rely on their own enquiries). A metered private
borehole water supply is available (buyer to install a sub-meter).

General

Method of sale
For sale as a whole or in up to 3 lots by private treaty.

Tenure
The property is sold freehold and subject to the leases, licences and agreements whether referred to in these particulars or not. There are two short term grazing & mowing licences and a lease of land and sporting rights. Rights and responsibilities under the various agreements will be divided between lots on a pro-rata basis. Further details are available from the vendor’s agents.

Services
Mains water & electricity: Understood to be available from the public highway – applicants to make their own enquiries.
Lot 1: Private borehole water supply connected to a 10,000 litre storage tank, gravity fed to field troughs. The pump requires replacing but it is understood the system would then be operational. Buyers are to rely on their own enquiries.
Lots 2 & 3: Private borehole water supply may be available subject to the buyer(s) installing meter(s). There is also a seasonal spring supply in Lot 3.

Wayleaves, easements and rights of way
A restricted byway crosses part of the property. A right of way will be granted along the farm track along the eastern boundary for the benefit of Lots 1 & 2. In the event they are sold separately, a right of way for the benefit of Lot 3 will be granted across part of Lot 2 through an existing gateway. The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.

Basic Payment
The delinked payments relating to the historic Basic Payment Scheme are not included in the sale.

Schemes
The property is entered into a Countryside Stewardship Scheme with effect from 01.01.2020 for a five year term which is due to expire 31.12.2024. The purchaser will be deemed to have full knowledge of the scheme and will take it on and comply with the scheme from completion as required. The vendor will retain the full payment for this final scheme year. Further details are available from the vendor’s agents.

Designations
The property is within Exmoor National Park, the North Devon Biosphere Reserve and a Nitrate Vulnerable Zone.

Sporting, timber and mineral rights
All sporting, timber and mineral rights are included in the freehold sale, in so far as they are owned. The shooting rights across all three lots are understood to be let with the shoot lease.

Local authority
Devon County Council

Covenants and/or restrictions
Buyer(s) to take advice from their legal advisers regarding any potential restrictions / covenants listed on the Land Registry Title deeds.

VAT

Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

Postcode
EX31 4TU

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Health and safety
Given the potential hazards of a working farm and shoot we ask you to be as vigilant as possible when making your inspection for your own personal safety, particularly around any animals and machinery.

Viewing
Strictly by confirmed appointment with the vendor’s agents, Strutt & Parker in Exeter or Bateman Hosegood in Cullompton on .