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Land for rent: Arable Land To Let by Informal Tender - Leasingham Moor


Reference: 35574_101505013916

Summary

Agricultural Letting

Description

LOCATION
The land is situated off Papermill Lane and is accessed by a private track. The land is located approximately 1.3 miles south of the rural settlement of Ruskington and 2.5 miles north of the market town of Sleaford.

DESCRIPTION
An opportunity to acquire a two-year Farm Business Tenancy of 16.26 Hectares (40.17 Acres) or thereabouts of easy working versatile agricultural land which has been used for the growing of cereal and vegetable crops, situated in Leasingham Moor, Sleaford, Lincolnshire.

The land comprises of two enclosures of easy working agricultural land capable of growing high-quality root, vegetable and cereal crops. Both of the parcels are of a regular size and shape, suitable for modern agricultural machinery with good access. A copy of the Field Plan is shown attached to these Particulars (for identification purposes only and not to scale).

Being offered to let by Informal Tender. Informal Tenders are to be received by 12 Noon on Friday 5th August 2022 to the Selling Agent’s Spalding Office.

LAND AND SOILS CLASSIFICATION: The land is classified as being a combination of Grade 2 and Grade 3 agricultural land on the former Ministry of Agriculture Land Classification Map for England and Wales. The actual soil type is further described by the Soil Survey of England and Wales as being part of the Ruskington Association of Soils which is characterised as being a ‘deep permeable calcareous coarse loamy and sandy soil capable of growing crops of cereals, sugar beet, potatoes and some field vegetables’. It is known that at least some of the land has been used for the production of root vegetable crops in the past.

ACCESS: The land is accessed over a private metal track directly from Papermill Lane.

METHOD OF LETTING: The land is offered To Let as a whole by Informal Tender. The closing date for Tenders is 12 noon on Friday 5th August 2022. Tenders are to be submitted on the enclosed Tender Form and returned to our Spalding Office at 5 New Road, Spalding, Lincolnshire, PE11 1BS in a sealed envelope marked “Arable Land off Papermill Lane, Leasingham Moor.”

TENANCY: The land is offered To Let on an initial two-year fixed term Farm Business Tenancy Agreement with a commencement date of 11th October 2022. The Tenancy will be produced on a Lincolnshire Association of Agricultural Valuers Farm Business Tenancy Agreement, a copy of which is available from the Lettings Agents upon request.

RENT, INSURANCE & VAT Rent will be payable half yearly in advance, the first payment will be due on the signing of the Tenancy Agreement. Rent will thereafter be payable on 6th April and 11th October in each year.

VAT is currently not payable on the rent. In the event that the property or any part thereof, any rights, contracts, quotas or Entitlements become chargeable supply for the purpose of VAT, any such taxes will be payable in addition to the rent at the appropriate rate.

The tenant(s) will be responsible for having Public Liability Insurance in place to a suitable level of cover.

SERVICES: It is believed that there are no services connected to any of the land, however interested parties should make any enquiries with the relevant utility authorities.

RIGHTS OF WAY, WAYLEAVES AND EASEMENTS ETC: The land is let subject to, and offered with the benefit of, all existing rights, including rights of way, whether public or private, light, support, drainage, water, electricity, and other rights, easements, quasi-easements, and all wayleaves, whether referred to specifically in these Particulars or not. The Landlord will retain any wayleave payments in respect of the farm.

We are not aware of any Public Rights of Way which affect the land.

MAINTENANCE: The Tenant (s) will be responsible for the maintenance of the dykes and hedges.

TENANT RIGHT AND DILAPIDATIONS: Tenant right may be chargeable at the commencement of the tenancy. More details are available from the Letting Agents. There will be no claim allowed whatsoever for dilapidations (if any) at the commencement of the tenancy, but dilapidations will be charged if appropriate at the end of the tenancy.

CONTRACTS AND QUOTAS: There are no contracts or quotas available with the letting.

SPORTING RIGHTS: The Sporting Rights are to be let in conjunction with the land.

BASIC FARM PAYMENT & ENVIRONMENTAL SCHEMES: The land is registered with the Rural Payments Agency and has been used to claim the Basic Farm Payment. 15.8 Basic Farm Payment Entitlements are included within the letting of the land to enable the tenant to claim the Basic Farm Payment on the land being offered.

The outgoing claimant has claimed and will retain all payments on the land being offered in respect of the 2022 claim year. It will be the responsibility of the successful tenderer to comply to the cross-compliance regulations of the claimant of the 2022 Basic Farm Payment up to and including the 31st December 2022 on the land and indemnify the 2022 Basic Farm Payment claimant in the event of a breach by the successful tenderer on the land.

The land is not currently entered into any Environmental Schemes.

DRAINAGE RATES: Drainage Rates for the land are payable to the Witham First Internal Drainage Board. Drainage Rates for the year 1st April 2022 to 31st March 2023 were £172.91.

PLANS, AREAS & SCHEDULES These particulars and plans have been prepared as carefully as possible. It should be noted that the plans have been specifically prepared ‘for identification purposes only’ and although believed to be correct, their accuracy is not guaranteed. The areas have been taken from a combination of the Rural Payments Agency’s Rural Land Register and the Ordnance Survey Promap System.

BOUNDARIES: The successful tenant shall be deemed to have full knowledge of all boundaries.

VIEWING
Interested parties are invited to walk the land during daylight hours with a copy of these Particulars to hand and should, at all times, for their own personal safety, take appropriate precautions to ensure that no damage occurs either to themselves or to the land, or any part thereof.

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Reference: 35574_101505013916

Contact Agent

Longstaff

5 New Road, Spalding, Lincolnshire, PE11 1BS
Tel: 01775 766766