Land (Residential)

£2,000,000

Carr Road, North Kelsey, Market Rasen, LN7

AVAILABLE
Property Description

A fertile and productive 340.86 acres (137.94 ha) parcel of bare arable and pasture in a mixed field structure.

A tender date for offers has been set for the close of business on the 30th August


The Land at High Sadney Farm is located a short distance to the west of the village of North Kelsey. The nearby town of Brigg provides easy access to the M180 motor-way and local rail connections, whilst there is a main line rail connection at Barnetby to London Kings Cross. Humberside Airport is approximately 9 miles to the north east and the town of Market Rasen is approxi-mately 10 miles to the south.

PROPERTY
The land is divided between a number of field enclosures which are conveniently shaped and well suited to modern machinery and farming practices. There are also several small parcels of amenity woodland within the land. Designated as Grade III, the soils belong to the Wickham II and Wallasea series, described as fine loam over clay, and as clayey soils.

METHOD OF SALE
The property is offered for sale by private treaty as a whole as identified on the sale plan.

TENURE & POSSESSION
The property is offered freehold subject to the provisions of an existing Farm Business Tenancy agreement which will come to an end on 30 September 2019. The current rent being £166/acre per annum. BASIC PAYMENT SCHEME
The land is registered with the Rural Payments Agency for the Basic Payment Scheme. These entitlements are available to purchase by separate negotiation. Further details on the number of entitlements are available from the Agents.

ENVIRONMENTAL SCHEMES
The Land is entered into an Entry Level plus Higher Level Stewardship agreement which runs until 30 September 2021. The purchaser would be required to accept the terms of this scheme.

DRAINAGE
There are drainage rates payable in respect of the land. These are currently the responsibility of the Tenant in accordance with the terms of the FBT.

WAYLEAVES EASEMENTS & RIGHTS OF WAY
The land is sold subject to and with the benefit of all existing wayleaves, easements, covenants and rights of way whether or not disclosed. There are shared rights over the track known as Gullicarr Lane. There is a wayleave in favour of Northern Electric Plc.




HEALTH & SAFETY
Potential purchasers are requested to take particular care when inspecting the land, wearing appropriate footwear for uneven terrain and potentially slippery surfaces and being aware of farm machinery operations which may be occurring on the land at the time of inspection.

VAT
The Vendor has not opted for tax (VAT) in respect of this property asset and therefore no VAT will be charged on the freehold sale of the property.

SPORTING, TIMBER & MINERAL RIGHTS
All sporting, timber and mineral rights available will be sold with the land.

VIEWINGS
Viewings are strictly by appointment with the Agent. For further information please contact Jack Cook or Mark Russell, Carter Jonas Cambridge Office 01223 346600.

DIRECTIONS
From Market Rasen head north on the A46 towards Caistor. After approximately four miles take a left onto the B1434 towards North Kelsey and follow it for approximately another four miles, turning left signed to North Kelsey and South Kelsey. Turn right onto Church Street and continue through to the centre of North Kelsey, passing the Church on the right. Shortly after the Church, turn left onto Middle Street in the village centre. Continue out of the village for about a mile, taking the first right onto Gullicarr Lane and the land will be found on both sides of the lane with reference to the land plan enclosed.
The postal code for neighbouring properties to the land is LN7 6LG.

STANDING CROP
If the sale is made on a vacant possession basis a separate negotiation will be required over any standing crop.

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