For Sale by Informal Tender Closing at 12 Noon on Three Small Paddocks of Varying Sizes Each with Access Over the First Friday 12 June 2015
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FOR SALE BY INFORMAL TENDER TENDERS CLOSE 12 NOON FRIDAY 12 JUNE 2015 Salts Farm Rye East Sussex RURAL LAND AND PROPERTY Farms Land and Estates RURAL LAND AND PROPERTY www.hobbsparker.co.uk Salts Farm & Farmland Lots 1 & 2 Lot 1 East Guldeford Rye, East Sussex TN31 7QJ Salts Farm occupies a prominent location on the outskirts of the historic town of Rye, adjoining the A259 and Camber Roads. Commercial offices/business lets & farm buildings • Farm shop premises Lot 1 & workshop • 2 bedroom granary conversion • Paddocks • Arable and pastureland. (Whole or 15 Lots). In all about 270 acres Lotting Summary & Guide Prices Salts Farm Salts Farmland Lot 1 Old Barn Offices & Farm Buildings Lot 7 Arable Land About 62.10 acres Lot 13 Pastureland About 1.50 acres About 1.50 acres. Guide Price: £200,000 - £225,000 Guide Price: £540,000 - £580,000 Guide Price: £15,000 - £20,000 Lot 2 Salts Farm Shop Premises & Workshop. Lot 8 Arable Land About 61.10 acres Lot 14 Pastureland About 0.85 acre Guide Price: £125,000 - £150,000 Guide Price: £540,000 - £580,000 Guide Price: £10,000 - £15,000 Lot 3 Hickman’s Granary About 0.60 acre Lots 9 Pastureland About 19.60 acres Lot 15 Pastureland About 0.85 acre Guide Price: £200,000 - £225,000 Guide Price: £180,000 - £200,000 Guide Price: £10,000 - £15,000 Lot 4 Salts Farm Paddock About 5.60 acres Lot 10 Pastureland About 6.00 acres Guide Price: £60,000 - £70,000 Guide Price: £45,000 - £55,000 Lot 5 Salts Farm Paddock About 1.30 acres Lot 11 Pastureland About 62.70 acres. Guide Price: £15,000 - £20,000 Guide Price: £300,000 - £350,000 Lot 6 Salts Farm Paddock About 1.20 acres Lot 12 Pastureland About 45.30 acres Guide Price: £15,000 - £20,000 Guide Price: £225,000 - £250,000 Method of Sale Lots 4, 5 & 6 - Salts Farm Paddocks Lot 2 The property is offered for sale by informal tender closing at 12 noon on Three small paddocks of varying sizes each with access over the first Friday 12 June 2015. Tenders are invited for the whole or lots. Tenders section of the farm entrance road. must be submitted using the tender form provided. tender forms and Lot 7 - A significant parcel of arable land with frontage and access to conditions of sale are available from the agents. the A259 along the northern boundary and the Camber Road along the eastern boundary. Exchange/Completion Lot 8 - A single arable field in a compact block with road frontage and It is intended that exchange of contracts will take place in respect of all access from the Camber Road. lots on or prior to Friday 31st July 2015 with completion following shortly – “Billy Nez”, a parcel of level pastureland with long road frontage thereafter on all lots with the exception of Lot 3 where completion will Lot 9 to the A259 with gated access. This field may have potential for arable take place when the property is vacated in October 2015. cropping in the future. The land is also considered to have potential for Situation alternative income (subject to consents) as the sellers have received approaches for it to be used as an event/festival field both recently and in Salts Farm is situated in the parish of East Guldeford which is located less the past. than ½ mile from the eastern outskirts of Rye town centre beside the A259 Rye to Folkestone Road which in turn gives access via the A2070 to Lot 10 – “Corporation Slip” – A single parcel of pastureland adjoining the Ashford and the M20 to the north or New Romney and then Hythe to eastern outskirts of the town with frontage and gated access to the A259. the east and north east. Tenterden is about 11 miles to the north whilst Lot 11 - A parcel of level pastureland and the first section of the private Hastings is about 18 miles to the south west, again via the A259. roadway serving Moneypenny and Black House Farms. There is a secondary access over part of Lot 12 marked A-B-C on the plan. This land Particulars of Sale has previously been cropped with arable crops and is currently entered in Lot 1 – Old Barn Offices & Farm Buildings HLS under the arable reversion scheme and may have potential for arable Lot 3 cropping in the future. a) Old Barn Offices - A parcel of permanent pastureland with access from Camber A former agricultural barn and piggery of brick and weatherboard Lot 12 Road, currently entered into HLS. elevations under a slate tile roof, converted in about 2004 and currently let as 6 separate office/business units including Beryl’s Café which has just Lot 13 – A small grazing paddock with access off the Camber Road. been granted a new 5 year lease. The units total about 413sq.m (4447sq. Lot 14 – A small paddock fronting the A259. ft) served by a gravel forecourt and drive to both the front and rear for Lot 15 – A small paddock fronting the Camber Road. parking and access together with a substantial parking area to the south which is also used by the adjoining farm shop. This lot also includes Services ownership of the farm entrance drive from the A259. Lot 1 - Electricity, water, shared private drainage. b) General Purpose Farm Building - about 75’ x 44’. Lot 2 - Three phase and single phase electricity, water, shared private c) Sheep Shed - about 97’ x 38’. drainage. The lock-up store adjoining the general purpose building is excluded from Lot 3 - Electricity, water and private drainage. the sale. Land - Water is connected to some lots. Lot 2 – Salts Farm Shop Premises & Workshop a) A successful farm shop with small café and adjoining storage rooms Tenure/Possession with stairs to first floor offices with kitchen/meeting room, office and staff All the properties are freehold. WC. Externally there are customer WC facilities. Recently let on a new 5 Lots 1 & 2 – are sold subject to existing leases. year lease. Lot 3 is currently let but vacant possession will be available from b) The workshop, which is L shaped, adjoins the farm shop and is 1st October 2015. extremely useful either as a workshop/store or offers further potential to expand the farm shop or seek an alternative use (subject to planning). Lots 4, 5 & 6 – vacant possession on completion. *This property has been recently let on a new 5 year lease, the internal fixtures Lots 7 & 8 are let until the 27th September 2015. and fittings as well as the large chiller unit are the property of the lessee and do Lots 9 to 15 - vacant possession on completion. not form part of the sale. The farm shop has the right to park on part of the car park area to the front. Boundaries Lot 3 - Hickman’s Granary The purchaser of Lot 3 (if bought separately from Lot 5) will be A former granary providing an open plan living room/kitchen on the responsible for erecting and maintaining a stockproof fence along the ground floor with adjoining bedroom, utility room, WC and entrance porch. unfenced southern boundary between points X and Y which have been On the first floor is a second bedroom, shower room and landing area. staked. Outside, there is a small lawned garden with raised deck and as you enter the property there is a relatively significant gravel area for parking (please note the small sheds and outbuildings are the property of the tenant and may be removed at the end of the tenancy). Beyond the garden is a small paddock area that will be included in the sale (see fencing/boundaries). Lot 4 Lot 1 Y Lot 3 X Lot 2 Lot 5 Lot 6 Lot 4 Lot 14 Lots 1-6 (see separate Lot 15 plan) Lot 13 Lot 9 E F Lot 7 A C B Lot 11 Lot 10 D Lot 8 Lot 12 Rights of Way Lot 7 Lots 1 to 6 - It is intended that Lot 1 will own the access road off the A259 with Lots 2 to 6 being granted rights of way over it as appropriate. Lot 11 – The main access to Lot 11 is from the roadway to the north and then across the corner of the adjoining “Folly Wall”. In addition there are 2 rights of way serving Lot 11 between ‘A-B-C’ across Lot 12 and between points ‘E-F’ from the Camber Road. Lot 12 - The land to the east of Lot 12 enjoys a right of way over Lot 12 marked ‘A-B-D’ on the plan and is also subject to a short right of way in favour of Lot 11 marked ‘A-B-C’. Rents Received Lot 1 £28,840 per annum based on full occupancy. Lot 2 £8,400 per annum. Lot 3 £433 pcm. Lots 7 & 8 £20,924 per annum. Grassland £8,000 per annum Environmental Stewardship Schemes All the pastureland is entered into an Environmental Stewardship Scheme on a 10 year agreement from 1st November 2006. Lots 11 & 12 are entered into the Higher Level Scheme as follows: Lot 11 - Option HK17 and Lot 12 - Options HK15 & HK10. The pasture land is entered into the Entry Level Scheme as follows: Lots 4 to 6, Lot 9, Lots 13 to 15 - Option EK 2 , Lot 10 - Option EK 3. *The existing Environmental Stewardship Agreement will be transferred to the successful purchasers on completion. Environmental Impact Assessment (EIA) Screening Decision An application for a screening decision has been made to Natural England in respect of Lots 9 & 10 as to whether or not these lots will be able to be ploughed and planted with arable crops at the end of the ELS Agreement.