Lincolnshire Rural Portfolio For Sale By Informal Tender
For sale by direction of The Lincoln Diocesan Trust & Board of Finance Limited Lot 1 4.58 acres (1.91 hectares) Land at Gayton le Marsh, Lincolnshire, Restrictive Covenants / Overage Clause LN13 0NS (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. Two small parcels of grassland totalling 4.58 acres (1.91 hectares). Tenure and Possession Directions The land is sold subject to a Agricultural Holdings Act Tenancy which is subject to a Case G Notice to Quit. Vacant possession is available in October 2018. Head out of the village of Gayton le Marsh towards Theddlethorpe, once you have reached the edge of the village the first parcel is found on the left hand Viewings side with the second parcel on the right hand side further down the track. Strictly by appointment through the selling agents. The Land Local Authority Classified as Grade 3 land, the Soil Survey of England and Wales describes it East Lindsey District Council as Wallasea 2, which is deep stone less clayey soils, calcareous in places, some Tedder Hall, Manby Park, Louth, Lincolnshire, LN11 8UP deep silty soils. Tel: 01507 601111 Basic Payment Scheme We understand the land is registered to receive payments under the basic payment scheme. The entitlements belong to the tenant. No entitlements are to be transferred with the land.
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_ _ Lot 2 Tenure and Possession 13.18 acres (5.2 hectares) Land off Mere Drove, Old Leake, Lincolnshire, PE22 9QF (nearest post code) The land is subject to two separate Farm Business Tenancies which both terminate on 10 October 2019. Vacant possession can be gained on three Description months notice, subject to the payment of the ingoing valuation by the purchaser. A single parcel of arable land divided into two parts totalling about 13.18 acres Ingoing Valuation subject to two Farm Business Tenancies. In addition to compensation under the Agricultural Tenancies Act 1995, the Directions landlord shall pay to the tenant as compensation for disturbance: From the Butchers Arms pub follow Wicken Lane out of the village, then turn • In respect of a determination taking effect between 1 January and 6 April, a left on to Mere Drove where the land can be found on the right hand side. sum calculated in the same manner as enhancement under the Agriculture The Land (Calculation of Value for Compensation) Regulations 1978 to 1983 Classified as predominantly Grade 1 land, the Soil Survey of England and • In respect of a determination taking effect after 6 April but before the current Wales describes it as Wallasea 2, which is deep stone less clayey soils, calcareous crop on the land taken has been harvested a sum calculated as the tenant’s loss in places, some deep silty soils. Suitable for winter cereals, some sugar beet, of profit on that crop subject to deduction of the compensation under the potatoes, cereals and field vegetables. 1995 Act relating to that crop Basic Payment Scheme Viewings At the termination of the tenancy, the outgoing tenants are required to transfer Strictly by appointment through the selling agents. the entitlements to the purchaser or the purchasers designated nominee in return for consideration of £1. Local Authority Boston Borough Council Restrictive Covenants / Overage Clause Municipal Buildings 8QR, West Street, Boston, PE21 8QN. The lot is subject to a restrictive covenant and an overage clause that are Tel: 01205 314200 detailed at the end of these sales particulars.
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_ _ Lot 3 25.45 acres (10.3 hectares) Land off Manby Middlegate, Manby, Tenure and Possession Lincolnshire, LN11 8HA (nearest post code) The land is subject to a Farm Business Tenancy which terminates on 10 October Description 2019. Vacant possession can be gained on three months notice, subject to the payment of the ingoing valuation (detailed below) by the purchaser. A single block of productive arable land fronting the B1200. Ingoing Valuation Directions In addition to compensation under the Agricultural Tenancies Act 1995, the The land can be found by heading about 900 metres out of the village on the landlord shall pay to the tenant as compensation for disturbance: B1200 towards Saltfleetby as denoted by the Savills for sale board. • In respect of a determination taking effect between 1 January and 6 April, a The Land sum calculated in the same manner as enhancement under the Agriculture Classified as Grade 3 land, the Soil Survey of England and Wales describes the (Calculation of Value for Compensation) Regulations 1978 to 1983 land as Holderness which is slowly permeable, seasonally waterlogged coarse • In respect of a determination taking effect after 6 April but before the current loamy soils and similar soils with only slight waterlogging. Suitable for cereals crop on the land taken has been harvested a sum calculated as the tenant’s loss and some short term grassland. of profit on that crop subject to deduction of the compensation under the Basic Payment Scheme 1995 Act relating to that crop At the termination of the tenancy, the outgoing tenants are required to transfer Viewings the entitlements to the purchaser or the purchasers designated nominee in Strictly by appointment through the selling agents. return for consideration of £1. Local Authority Restrictive Covenants / Overage Clause East Lindsey District Council The lot is subject to a restrictive covenant and an overage clause that are Tedder Hall, Manby Park, Louth, Lincolnshire, LN11 8UP detailed at the end of these sales particulars. Tel: 01507 601111
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_ _ Lot 4 38.04 acres (15.17 hectares) Land off Long Drive, Thurlby, Lincolnshire, Tenure and Possession PE10 0EH (nearest post code) The land is subject to a Farm Business Tenancy which terminates on 10 October Description 2019. Vacant possession can be gained on three months notice, subject to the payment of the ingoing valuation (detailed below) by the purchaser. Two parcels of arable land situated either side of Long Drove, Thurlby. Ingoing Valuation Directions In addition to compensation under the Agricultural Tenancies Act 1995, the From Bourne head south on Bourne Road. When you reach the village of landlord shall pay to the tenant as compensation for disturbance: Thurlby turn left onto Church Street and onto Long Drove where the land is situated either side of the road. • In respect of a determination taking effect between 1 January and 6 April, a sum calculated in the same manner as enhancement under the Agriculture The Land (Calculation of Value for Compensation) Regulations 1978 to 1983 Classified as Grade 2 land, the Soil Survey of England and Wales describes the • In respect of a determination taking effect after 6 April but before the current land as Stretham which is deep well drained calcareous clayey soils. Suitable for crop on the land taken has been harvested a sum calculated as the Tenant’s winter cereals and other arable crops. loss of profit on that crop subject to deduction of the compensation under Basic Payment Scheme the 1995 Act relating to that crop At the termination of the tenancy, the outgoing tenants are required to transfer Viewings the entitlements to the purchaser or the purchasers designated nominee in Strictly by appointment through the selling agents. return for consideration of £1. Local Authority Restrictive Covenants / Overage Clause South Kesteven District Council The lot is subject to a restrictive covenant and an overage clause that are 1 Maiden Lane, Stamford, Lincolnshire, PE9 2AZ detailed at the end of these sales particulars. Tel: 01476 406080
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_ _ Lot 5 24.87 acres (9.94 hectares) Land off the A15, Thurlby, Lincolnshire, Restrictive Covenants / Overage Clause PE10 0EH (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. About 24.87 acres of predominantly arable land with access taken via a right Tenure and Possession of way from the A15. The land is subject to a periodic Farm Business Tenancy dated 11 October Directions 2010. Vacant possession can be gained on giving at least 12 months notice to the tenant in writing, expiring on the anniversary of the tenancy. From Bourne head south on Bourne Road (A15) and continue through the village of Thurlby. The track providing access to the land can be found a short Ingoing Valuation distance south of the village on the left hand side. On termination of the tenancy, compensation in accordance with Part 3 of the 1995 Act will be due. The Land Classified as Grade 2 land, the Soil Survey of England and Wales describes the Viewings land as Stretham which is deep well drained calcareous clayey soils. Suitable for Strictly by appointment through the selling agents. winter cereals and other arable crops. Local Authority Basic Payment Scheme South Kesteven District Council At the termination of the tenancy, the outgoing tenant is required to transfer 1 Maiden Lane, Stamford, Lincolnshire, PE9 2AZ the entitlements to the purchaser or the purchaser’s designated nominee Tel: 01476 406080 in return for a consideration equivalent to the open market value of the
entitlements at the date of the termination.
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_ _ Lot 6 29.6 acres (12.01 hectares) Land off Holmes Lane, Winterton, Lincolnshire, Tenure and Possession DN15 9QY (nearest post code) The land is subject to a Farm Business Tenancy which terminates on 10 October Description 2019. Vacant possession can be gained on three months notice, subject to the payment of the ingoing valuation (detailed below) by the purchaser. A single parcel of arable land situated near the small town of Winterton in north Lincolnshire. Ingoing Valuation In addition to compensation under the Agricultural Tenancies Act 1995, the Directions landlord shall pay to the tenant as compensation for disturbance: From Winterton, head east on Holmes Lane towards Horkstow. The land can be found on the left hand side approximately 2.8 km outside of Winterton. • In respect of a determination taking effect between 1 January and 6 April, a sum calculated in the same manner as enhancement under the Agriculture The Land (Calculation of Value for Compensation) Regulations 1978 to 1983 Classified as Grade 3 land, the Soil Survey of England and Wales describes the • In respect of a determination taking effect after 6 April but before the current land as Wallasea 1 which is deep stoneless non-calcareous and calcareous clayey crop on the land taken has been harvested a sum calculated as the Tenant’s soils, groundwater controlled by ditches and pumps, flat land. Slight risk of loss of profit on that crop subject to deduction of the compensation under flooding. Suitable for winter cereals and some grassland. the 1995 Act relating to that crop Basic Payment Scheme Viewings At the termination of the tenancy, the outgoing tenants are required to transfer Strictly by appointment through the selling agents. the entitlements to the purchaser or the purchasers designated nominee in return for consideration of £1. Local Authority Restrictive Covenants / Overage Clause North Lincolnshire Council Civic Centre, Ashby Road, Scunthorpe, North Lincolnshire, DN16 1AB The lot is subject to a restrictive covenant and an overage clause that are Tel: 01507 601111 detailed at the end of these sales particulars.
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_ _ Lot 7 24.46 acres (9.85 hectares) Land at Marton, Lincolnshire, Restrictive Covenants / Overage Clause DN21 5AW (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. Three parcels of adjoining grassland with access taken directly off the A156. Tenure and Possession Directions The land is subject to a Farm Business Tenancy which terminates on 31 December 2018. From the village of Marton head south on the A156. The land can be found a short distance south of the village on the left hand side. Viewings The Land Strictly by appointment through the selling agents. Classified as Grade 3 land, the Soil Survey of England and Wales describes Local Authority the land as Wisbech and Wickham 2. Wisbech is described as deep stoneless West Lindsey District Council calcareous silty soils. Suitable for sugar beet, potatoes, field vegetables, cereals Guild hall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA and grassland. Wickham 2 is slowly permeable seasonally waterlogged fine Tel: 01427 676676 loamy over clayey, fine silty over clayey and clayey soils. Suitable for winter cereals and grassland. Basic Payment Scheme We understand the land is registered to receive payments under the basic payment scheme. The entitlements belong to the tenant. No entitlements are to be transferred with the land.
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_ _ Lot 8 15.11 acres (5.26 hectares) Land off Lodge Lane, Minting, Lincolnshire, Restrictive Covenants / Overage Clause LN9 5NR (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. Two parcels of land situated either side of Lodge Lane, Minting. Tenure and Possession The land is subject to a Farm Business Tenancy which terminates on 6 April Directions 2019. Head out of Minting on Minting Lane then Lodge Lane towards the A158, the land can be found on either side of Lodge Lane on the last left hand bend before Viewings you reach the A158. Strictly by appointment through the selling agents. The Land Local Authority Classified as Grade 3 land, the Soil Survey of England and Wales describes East Lindsey District Council the land as predominantly of the Wickham 2 series which slowly permeable Tedder Hall, Manby Park, Louth, Lincolnshire, LN11 8UP seasonally waterlogged fine loamy over clayey, fine silty over clayey and clayey Tel: 01507 601111 soils. Suitable for winter cereals and grassland. Basic Payment Scheme The land is registered to receive payments under the basic payment scheme. The entitlements belong to the tenant. No entitlements are to be transferred with the land.
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_ _ Lot 9 49.43 acres (19.96 hectares) Land off Helpringham Road, Scredington, Tenure and Possession Lincolnshire, NG34 0BW (nearest post code) The land is subject to a Farm Business Tenancy which terminates on 10 October Description 2019. Vacant possession can be gained on three months notice, subject to the payment of the ingoing valuation (detailed below) by the purchaser. A single parcel of arable land extending to about 49.43 acres. Ingoing Valuation Directions In addition to compensation under the Agricultural Tenancies Act 1995, the From Scredington, head towards Helpringham on the Helpringham Road. The landlord shall pay to the tenant as compensation for disturbance: land can be found about 1.5 km outside the village on the left hand side just beyond the Gorse Lane turning. • In respect of a determination taking effect between 1 January and 6 April, a sum calculated in the same manner as enhancement under the Agriculture The Land (Calculation of Value for Compensation) Regulations 1978 to 1983 Classified as Grade 3 land, the Soil Survey of England and Wales describes • In respect of a determination taking effect after 6 April but before the current the land as Beccles 3 which is slowly permeable waterlogged fine loamy over crop on the land taken has been harvested a sum calculated as the Tenant’s clayey soils with slight seasonal waterlogging. Suitable for winter cereals and loss of profit on that crop subject to deduction of the compensation under some grassland. the 1995 Act relating to that crop Basic Payment Scheme Viewings At the termination of the tenancy, the outgoing tenants are required to transfer Strictly by appointment through the selling agents. the entitlements to the purchaser or the purchasers designated nominee in return for consideration of £1. Local Authority Restrictive Covenants / Overage Clause North Kesteven District Council District Council Offices, Kesteven Street, Sleaford, Lincolnshire, NG34 7EF The lot is subject to a restrictive covenant and an overage clause that are Tel: 01529 414155 detailed at the end of these sales particulars.
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_ _ Lot 10 27.2 acres (10.95 hectares) Land at Snitterby Carr Lane, Snitterby, Tenure and Possession Lincolnshire, DN21 4UJ (nearest post code) The land is subject to a Farm Business Tenancy which terminates on 10 October 2019. Vacant possession can be gained on three months notice, subject to the Description payment of the ingoing valuation (detailed below) by the purchaser. A single parcel of arable land extending to about 27.2 acres off Snitterby Carr Lane. Ingoing Valuation In addition to compensation under the Agricultural Tenancies Act 1995, the Directions landlord shall pay to the tenant as compensation for disturbance: From Snitterby, head east on Moor Road. Once at the T-junction turn right • In respect of a determination taking effect between 1 January and 6 April, a and then the next left onto Snitterby Carr Lane. The land can be found a short sum calculated in the same manner as enhancement under the Agriculture distance along the road on the right hand side. (Calculation of Value for Compensation) Regulations 1978 to 1983 The Land • In respect of a determination taking effect after 6 April but before the current Classified as Grade 3 land, the Soil Survey of England and Wales describes crop on the land taken has been harvested a sum calculated as the Tenant’s the land as Curbridge which is deep stoneless permeable coarse loamy soils loss of profit on that crop subject to deduction of the compensation under with groundwater controlled by ditches. Suitable for cereals, sugar beet and the 1995 Act relating to that crop potatoes, some field vegetables. Viewings Basic Payment Scheme Strictly by appointment through the selling agents. The land is registered to receive payments under the basic payment scheme. The entitlements belong to the tenant. No entitlements are to be transferred Local Authority with the land. West Lindsey District Council Guild hall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA Restrictive Covenants / Overage Clause Tel: 01427 676676 The lot is subject to a restrictive covenant and an overage clause that are detailed at the end of these sales particulars.
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_ _ Lot 11 13.65 acres (5.33 hectares) Land at Walesby, Lincolnshire, Restrictive Covenants / Overage Clause LN8 3GW (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. A undulating block of pasture land situated to the northern edge of Tenure and Possession Walesby village. The land is subject to a Farm Business Tenancy which terminates on 6 April Directions 2019. The land can be found on the northern edge of the village with vehicle access Viewings taken from Otby Lane. Strictly by appointment through the selling agents. The Land Local Authority Classified as Grade 4 land, the Soil Survey of England and Wales describes West Lindsey District Council the land as Wickham 2 which slowly permeable seasonally waterlogged fine Guild hall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA loamy over clayey, fine silty over clayey and clayey soils. Suitable for winter Tel: 01427 676676 cereals and grassland. Basic Payment Scheme The land is registered to receive payments under the basic payment scheme. The entitlements belong to the tenant.
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_ _ Lot 12 6 acres (2.48 hectares) Land off Stocks Lane, Faldingworth, Lincolnshire, Restrictive Covenants / Overage Clause LN8 3FX (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. A single parcel of grassland to the northern edge of the village of Tenure and Possession Faldingworth. The land is sold freehold with vacant possession upon completion. Directions Viewings From the A46 head west on Spridlington Road then turn right onto Stocks Strictly by appointment through the selling agents. Lane. Access to the land can be found at the end of Stocks Lane on the right Local Authority hand side. West Lindsey District Council The Land Guild Hall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA Classified as Grade 3 land, the Soil Survey of England and Wales describes the Tel: 01427 676676 land as Beccles 1 which is Slowly Permeable seasonally waterlogged fine loamy over clayey soils, associated with similar clayey soils.
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_ _ Lot 13 5.77 acres (2.29 hectares) Land at North Reston, Lincolnshire, Restrictive Covenants / Overage Clause LN11 8LS (nearest post code) The lot is subject to a restrictive covenant and an overage clause that are Description detailed at the end of these sales particulars. A single parcel of arable land with access taken directly off the A157. Tenure and Possession Directions The land is sold freehold with vacant possession upon completion. From the village of Legbourne, head south East out of the village on the A157 Viewings towards North Reston. The land can be found approximately 500 metres Strictly by appointment through the selling agents. outside of Legbourne on the right hand side. Local Authority The Land East Lindsey District Council Classified as Grade 3 land, the Soil Survey of England and Wales describes Tedder Hall, Manby Park, Louth, Lincolnshire, LN11 8UP the land as Salop which is slowly permeable seasonally waterlogged reddish Tel: 01507 601111 fine loamy over clayey, fine loamy and clayey soils. Suitable for grassland and some cereals.
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_ _ GENERAL INFORMATION Method of Sale and Lotting Jonathan Blythe The portfolio is available as a whole or individual lots by way of Informal Chattertons, 9 Broad Street, Stamford, Lincolnshire, PE9 1PY. Tender. All offers should be submitted no later than 12 Noon on Wednesday Tel: 01780 750664 20 June 2018. Email: [email protected] Minerals, Sporting and Timber Rights Plans, Schedules and Boundaries As far as they are owned, sporting rights and standing timber are included in The vendor and the vendor’s agent will endeavour to specify the ownership of the sale. boundaries, hedges, fences and ditches where known but will not be bound to determine these. The purchaser will satisfy themselves as to the ownership of Restrictive Covenant / Overage Clause any boundaries. The property is sold subject to a reservation of 50% of any future development value (clawback) for a period of 80 years and to a covenant limiting the land to Searches agricultural and equestrian use only. The purchaser will reimburse the vendor for the cost of searches. Please see the Tender Form for further information on restrictive covenants. Town and Country Planning The properties are offered subject to any development plans, Tree Preservation Wayleaves, Easements and Rights of Way Orders, Town Planning schedules or resolutions which may or may not come The property will be sold subject to and with the benefit of all existing into force. The purchaser will be deemed to have full knowledge and satisfy wayleaves, easements and rights of way whether mentioned in these particulars themselves as to the provisions of any such matters affecting the property. or not. VAT Fixtures and Fittings Should any part of the sale or any rights attached to it become chargeable items Only those items specifically referred to in these particulars are included in for the purpose of VAT then such a tax will be payable by the purchaser. the sale. Local Authority Viewings Lincolnshire County Council, County Office, Newland, Viewings are strictly by appointment through the selling agents. Lincoln, LN1 1YL - Tel: 01522 552222 Vendor’s Solicitors
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Sam Thomas Romina Llorente Savills Lincoln Savills Lincoln [email protected] [email protected] 01522 507 315 01522 508 914
Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 040518ST