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162.27 Acres at Spridlington, Near Lincoln, Lincolnshire LN8 2DF 162.27 Acres (65.67 Ha) at Spridlington, Near Lincoln

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162.27 Acres at Spridlington, Near Lincoln, Lincolnshire LN8 2DF 162.27 Acres (65.67 Ha) at Spridlington, Near Lincoln 162.27 Acres at Spridlington, Near Lincoln, Lincolnshire LN8 2DF 162.27 Acres (65.67 Ha) at Spridlington, Near Lincoln Lincoln - 10.6 miles Gainsborough - 12.7 miles Immingham Docks - 33 miles M180 - 14.5 miles FOR SALE BY CONTRACTUALLY BINDING FORMAL TENDER Tender Date - Friday 23rd June before 12 noon. Guide price: £1,375,000 Description TENDER DATE: FRIDAY 23RD JUNE 2017, BEFORE 12 NOON 7. All tenders must include evidence of finance for the 162.27 acres of quality arable land at Spridlington, which has been purchaser. growing combinable crops and maize. Included are 5.78 acres of The land is to be sold by contractually binding formal tender on permanent pasture adjoining the village. the following terms: 8. Tenders are to include a Solicitors deposit cheque of 10% payable to the seller’s Solicitor. The successful buyer should Location 1. All tenders must reach the office of JHWalter, 1 Mint Lane, be notified via a signed contract by the vendor, no later than The land is located to the north of the City of Lincoln and to the Lincoln, LN1 1UD no later than 12 noon on Friday 23rd June 12.00pm on Friday 30th June 2017, at which time the sale will be east of Spridlington. 2017. No late tenders will be considered. exchanged. Completion will take place on 2nd October 2017. Situation and Amenities 2. Tenders should be submitted in writing on the prescribed 9. Copies of supporting legal documentation referred to as the This is a good arable farming area with mainly clay to loam soils form complete with the signed tender form and contract and ‘Tender Pack’ is available from the Selling Agent preferably on around 23m above sea level. placed within a sealed envelope marked ‘Land at Spridlington’. request by the Solicitor/Agent acting for the prospective buyer. This includes; Tender Form, Conditions of Tender, Contract of Lincoln is a cathedral city and the administrative centre of 3. Tenders must be for a precise sum of pounds sterling. It is Sale, Search Results, Relevant Title Documents. Lincolnshire with an urban population of 130,200 (mid 2014 est). advised that tenders should be for an odd figure to avoid the It offers a good range of facilities and amenities with boutique possibility of identical bids. The Land shopping in the cathedral quarter, a good range of restaurants The land is divided into good sized arable fields and is capable of and pubs, sports facilities, golf course, supermarkets, leading 4. No tender will be considered which is calculated only by growing good yields of combinable crops. retailers, medical and educational facilities. The University of reference to another tender. Lincoln was established 20 years ago and brings vibrancy to the The land is classified Grade 3. life of the city. 5. The seller does not undertake to accept the highest or indeed any tender. The soil is Beccles 1 Association - Slowly permeable seasonally Method of sale waterlogged fine loamy over clayey soils, associated with similar The land is offered for sale by formal tender. 6. Full name and address of both the prospective buyer and clayey soils. 162.27 acres (65.67 ha) Faldingworth Road, Spridlington, their solicitors should be provided with any tender. Market Rasen LN8 2DF Basic Payment Scheme Tenure Drainage Included in the sale are Basic Payment Entitlements relating to Vacant possession will be given on completion. The land is under drained where required. the eligible land which will be transferred to the buyer after Drainage plans are available in the tender pack. completion. The value of the entitlements will be apportioned Restrictions and Development Clawback Drainage charges and rates are payable to: from the sale price for the land in the contract. The entitlements In the event that planning permission or other consent is granted Environment Agency - £149.15 (current) will be £140 per entitlement. The number of entitlements to be in the next 20 years for a non-agricultural use, the buyer, or Ancholme Drainage Board - £107.62 (current) transferred will be; their successor in title, will pay to the seller 20% of the uplifted value with the benefit of consent over its existing use value, after VAT 65.61 Entitlements deducting the cost of obtaining the consent. The amount will be It is not thought that the sale will attract VAT. However, in the payable once the consent is implemented or the land is sold with event that any of the property is sold subject to VAT. this will be Copies of the Rural Land Register maps are available in the the benefit of consent. payable in addition to the purchase price. tender pack. Services Growing Crops and ingoing valuation The 2017 Basic Payment will be retained by the seller. There are no services to the land. It is not anticipated that there will be a claim by the vendor for growing crops or ingoing valuation. However, the vendor reserves Access Holdover and Early Entry the right to request in addition to the purchase price, the full The land has two access points: After completion, the seller will holdover on any fields not amount of the ingoing valuation due to the outgoer. There will be cleared of the current crop. It is anticipated that all crops will be no counterclaim whatsoever of any kind. To the north west corner of the block from Owmby Road. cleared by completion. At the south west corner from Faldingworth Road. The benefit Town and Country Planning of both access points will be transferred with the land. The buyer may take early entry as soon as the current crop is The land is within West Lindsey district. cleared, subject to payment of a double deposit. West Lindsey District Council: 01427 676667 Sporting Rights The sporting rights are in hand and included. Easements, Wayleaves and Rights of Way Viewing The property is sold subject to and with the benefit of all If you would like to view the farm please contact JHWalter Mines and Minerals easements, wayleaves and rights of way whether public or private on 01522 504305. When viewing, please take all precautions The mines and minerals are included in so far as they are owned. and whether or not mentioned in these particulars of sale. necessary to be safe while on a working farm. Schedule of Areas and Cropping Spridlington Cropping Mapping Co. RPA 2017 2016 2015 2014 2013 Field No Ha Acres Field no. Total Ha 0183 2.34 5.78 0284 2.34 Permanent grass Permanent grass Permanent grass Permanent grass Permanent grass 4107 39 96.36 4107 38.98 S Barley, Rye, W W Wheat, OSR S Barley. OSR W Wheat, Spring W Wheat, OSR Wheat Wheat 2030 15.64 38.65 2030 16.09 OSR W Wheat W Wheat OSR OSR 1411 4.79 11.84 1411 5.27 S Barley S Wheat W Wheat OSR OSR 5891 3.31 8.18 5891 3.46 W Wheat OSR S Barley OSR OSR 8395 0.33 0.82 Inc. 4107 Track Track Track Track Track 3505 0.26 0.64 Track Track Track Track Track Total 65.67 162.27 66.15 Seller’s Solicitor Seller’s Agent Directions Symes Bains Broomer - 2 Park Square, Laneham Street, JHWalter - 1 Mint Lane, Lincoln, LN1 1UD From the A15 head towards Spridlington. When you reach the T Scunthorpe, Lincolnshire, DN15 6JH junction, turn right and follow the road around a sharp left hand Ian Walter Henry Haworth bend. Continue along Faldingworth Road for around 1 mile and Helen Barton 01522 504333 01522 504327 the access to the land will be on the left. 01724 281616 07919694230 07919 694234 [email protected] [email protected] [email protected] 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.
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