252.64 Acres Farmland, Old Hall Farm, Hagworthingham, PE23 4NE Farmland, Old Hall Farm, Hagworthingham, Lincolnshire PE23 4NE 6 miles - 5 miles Louth - 12 miles Lincoln - 27 miles docks - 40 miles

252.64 ACRES (102.22 Hectares) of attractive rolling countryside in the Lincolnshire Wolds. A ring fenced block of farmland including productive arable land, grassland and woodland For Sale by Informal Tender - As a whole

Tender Date: 16th May 2018 Before 12 Noon Guide Price for the whole - £1,550,000 (£6,135 per acre)

Description Local facilities are available in the nearby market towns of an electronic Identity Verification. In some cases an electronic A productive block of predominantly Grade 3 farmland within a Horncastle and Spilsby with the full range of services at Lincoln, check will not be possible and in that case we will request ring fence including 220 acres arable and grassland; 23 acres of and Boston. sight of identity documents. We are required to carry out this banks and hilltop; and 10 acres of woodland and spinneys. identification process for prospective buyers before submission of The arable land has been growing wheat, barley and oilseed rape. Horncastle, population 6,815 in 2011, is a popular market town. a tender in order to comply with the Money Laundering, Terrorist In the past, parts of the farm have grown daffodils, cabbage, sugar Its history goes back to Roman times and the town was well Financing and Transfer of Funds Regulations. beet and potatoes. known for its annual horse fair which ran well into the 20th century. Its reputation now is as a thriving centre for antiques. After Identity Verification has been completed, we will be able Location It offers a good range of facilities and amenities including shops, to provide you with the Tender Form and access to other The land is located in attractive rolling countryside in mid cafes, restaurants, public houses, doctors’ surgery, golf course and information such as RPA details and the Tenancy Agreement. Lincolnshire around six miles east of the historic market town a leisure centre. Schools include Horncastle Community Primary of Horncastle to the north of the Road (A158) on the School, Banovallum School and Queen Elizabeth’s Grammar The Tender Form must be fully completed and delivered to southern edge of the Lincolnshire Wolds Area of Outstanding School. JHWalter LLP in a sealed envelope marked externally both with Natural Beauty. the name and address and contact telephone number of the Spilsby, population 3,045, in 2011 offers local shops, public houses, bidder and the heading “Tender - Farmland, Old Hall Farm” or by Access doctor’s surgery, primary school and King Edward VI Academy email to [email protected]. The tender must include the The main access to the land is from the Harrington Road from secondary school. name and address of the buyer’s solicitor and confirmation as to which is a farm track that runs along most of the land’s northern how the purchase will be funded. boundary. There is also direct access from the A158 Horncastle Method of Sale to Skegness road. The property is to be sold by informal tender and solicitors will The vendor is not bound to accept the highest or indeed any be instructed after acceptance of an offer. tender. Situation and Amenities The land lies in an attractive rural area of open countryside at Tenders must be submitted using the prescribed form. If you wish Offers must be made for a fixed amount and must not be linked between 25 and 50 metres above sea level. to offer for this property please let us have the full name and in any way to other offers which may be received. address of the person, company or other entity whose intention it is to purchase the property. This will enable us to undertake The deadline for receipt of tenders is 12 noon on Wednesday Well drained sandy and ferruginous fine loamy soils over soft A schedule of eligible and ineligible land is available from the 16th May 2018. sandstone. Some coarse loamy soils affected by groundwater. agents. Risk of wind erosion. Cereals, Sugar Beet and Potatoes; some Access field vegetables. Copies of the Rural Land Register maps supplied by the Tenant The main access to the farm is from Harrington Road off which are available from the Agent. The 2018 Basic payment will be there is a stoned farm track running most of the northern At the eastern end Wickham 2 Association, described as: retained by the Tenant. boundary providing access to much of the land. At the top of this Slowly permeable seasonally water logged fine loamy over track is a further track running south providing additional field clayey, fine silty over clayey and clayey soils. Small areas of slowly Countryside Stewardship Scheme access. In addition there are a number of access points to the permeable calcareous soils on steeper slopes. Winter cereals and The tenant holds a five year NELMS Mid Tier Stewardship scheme fields on the southern edge of the farm off the Partney Road. grassland in the midlands: cereals in the eastern region. for 105.08 hectares including a 5 hectare field not included in There is also a small area shown as Fladbury 2 - river alluvium. the sale. The scheme terminates on 31 December 2020. The The Land agreement includes non-rotational options (buffer strips and The land bears the characteristics of a wold farm with undulating Drainage hedge improvements) over much of the farm as well as rotational arable and grass (220 acres), areas of woodland (10 acres) and The agents have plans available detailing various drainage schemes options on fields 5973/8045 including over winter stubbles; winter areas of bank and hilltop (23 acres) towards the middle of the carried out over the farm. bird food and two year sown legume fallow. It is believed that farm. There are 5 fields, the largest being 112 acres. The land is some £6,400 per annum is generated from the CS agreement. capable of growing good yields of combinable crops and grass. In General drainage rates are payable to the Environment Agency. The scheme rules provide for its transfer on the sale of land the past, parts of the farm have grown daffodils, cabbage, sugar to the purchaser subject to the agreement of Natural beet and potatoes. There are six separate blocks of amenity Basic Payment Scheme and such a transfer to the buyer would be the preferred option. woodland ranging from 1 to 4 acres. Basic Payment Entitlements are NOT included in the sale. Further details are available from the agents. The terms of the tenancy however require the outgoing tenant, Land Registration “after quitting the holding, to take all such steps as soon as Sporting Rights The land is registered under titles LL361183, LL363796, LL194411 reasonably practicable and do all such acts as may be required The sporting rights are included in the sale. There has been a and part of LL345608. to procure the transfer of the Entitlements to the Landlord or small shoot on the farm and the shooting has been let in the past. such person as the Landlord nominates in writing in each at a The Soils consideration of open market value”. The buyer will therefore Mines and Minerals The soil type is shown on the 1:250,000 map Soils of England and pay an additional sum over the purchase price to acquire the The mineral rights are included in the sale in so far as they are Wales as : entitlements from the outgoing tenant at open market value. owned. Information provided by the tenant indicates that in 2017 there At the west end and centre of the farm Cuckney 2 Association were 91.26 Entitlements relating to the land being sold. Tenure described as: The land is currently let under a Farm Business Tenancy and notice to quit has been served to terminate the tenancy on 5th Easements Wayleaves and Rights of Way Photography October 2018. A copy of the tenancy agreement is available from The property is sold subject to and with the benefit of all Photographs were taken 26th March 2018. the Agent. easements, wayleaves and rights of way whether public or private An aerial video is available to view at: jhwalter.co.uk and whether or not mentioned in these particulars of sale. Restrictions and Development Clawback Directions A Development Clawback is to be included on a strip of land The farm access has been used from time to time by a From Horncastle follow the A158 east towards Skegness. In 100m deep along the Harrington Road frontage in parcel No’s. neighbouring farmer. There is a footpath along the farm road and around 5½ miles you enter Hagworthingham. Continue to the 8267 and 9764. In the event that planning permission is granted along the boundary between Field no. 0809 and 8267. eastern end of the village and turn left at the crossroads towards within 30 years of the sale, the purchasers and their successors Harrington. The farm road is approximately 150 metres on the in title will pay to the vendors and their successors in title 30% VAT right hand side next to the beet pad. of the increase in the value of the land with the benefit of the It is not thought that the sale will attract VAT. However, in the planning permission over its existing use value. event that any of the property is subject to VAT, this will be Seller’s Solicitor payable in addition to the purchase price. Rollits LLP Holdover and Early Entry Citadel House The tenancy includes right for the tenant to holdover to harvest Town and Country Planning 58 High Street crops and early entry rights for the incomer. The land is within the District. East Lindsey has an Hull, HU1 1QE Emerging Local Plan Planning policy to replace the 2004 saved Growing Crops, Tenant Right and End of Tenancy Claims policies from its 1999 Local Plan (Revised). 01482 323239 The tenancy agreement contains obligations on the landlord and [email protected] tenant to pay end of tenancy claims and to agree any post-harvest East Lindsey District Council 01507 601111 works and cropping. The buyer will be required to pay the seller www.e-lindsey.gov.uk Seller’s Agent the full amount of the ingoing valuation due to the outgoer in JHWalter accordance with the prices and recommendations of the Central Fixtures and Fittings 1 Mint Lane Association of Agriculture Valuers. There will be no counterclaim All fixtures and fittings are excluded from the sale unless Lincoln, LN1 1UD against the seller of any kind. mentioned in these particulars of sale. Tim Atkinson and Helen Goddard Services Viewing 01522 504304 | 07919 694224 | [email protected] There is a metered water supply adjoining the sugar beet pad on If you would like to view the farm, please contact the seller’s Harrington Road. agent. When viewing, please take all precautions necessary to be safe on a working farm.

IMPORTANT NOTICE­ JHWalter try to provide accurate sales particulars, however, they should not be relied upon as statements of fact. We recommend that all JHWalter LLP | 1 Mint Lane | Lincoln LN1 1UD the information is verified by yourselves or your advisers. These particulars do not constitute any part of an offer or contract. JHWalter staff have no authority to make or give any representation or warranty whatsoever in respect of the property. The services, fittings and DX 11056 Lincoln | E [email protected] appliances have not been tested and no warranty can be given as to their condition. Photographs may have been taken with a wide angle lens. Plans are for identification purposes only, are not to scale and do not constitute any part of the contract. Crown Copyright. All T 01522 504304 | F 01522 512720 rights reserved. Licence Number 100020449. The Ordnance Survey data may not show all existing features. JHWalter is the trading name of JHWalter LLP. Registered Office: 1 Mint Lane, Lincoln LN1 1UD. Registered in England and Wales. Registration Number: 0C334615 www.jhwalter.co.uk