CLOSING DATE MON 4TH JULY 2022 AT 12 NOON
An attractive block of well-located arable land and former railway embankment extending to approximately 43.21 acres.
A well-proportioned and accessible range of arable fields along with a former railway embankment.
The railway embankment is a unique feature with several trees and shrubs which offer environmental benefits to the site.
A small timber barn measuring approximately 6m x 7m is also included.
INGOING VALUATION
There will be no ingoing valuation. The land will be left fallow for the incoming occupier.
BASIC PAYMENT SCHEME
The Basic Payment Entitlements may be available by separate negotiation. Further details of the Basic Payment Entitlements are available from the Selling Agent.
Any payments relating to the 2022 scheme year will be retained by the Seller. If applicable, the purchaser(s) will be responsible upon occupation of the subjects of sale to comply fully with the Statutory Management requirements to maintain the farmland in Good Agricultural and Environmental Condition (GAEC) as laid down under the Cross Compliance rules of the Basic Payment Scheme (BPS) 2022bfor the remainder of the scheme year.
SPORTING RIGHTS
Insofar as these rights form part of the property title they are included within the sale.
MINERAL RIGHTS & TIMBER
The mineral rights are included in the sale. All standing and falling timber is included in the sale.
DEVELOPMENT CLAUSE
A clawback requiring a payment of 50% of any uplift in value arising from the grant of any planning permission (other than for solely agricultural purposes) during the period of 80 years from the date of the proposed sale. Such payment(s) shall become due on the earlier of:
1) A disposal of the property or any part thereof with the benefit of the relevant planning permission
2) The implementation of the relevant planning permission.
