198 Acres between Potterhanworth and Branston, Lincoln For Sale by Contractually Binding Formal Tender

Around 198 acres of prime Heath land with a 350 tonne grain store Lincoln - 6 miles Potterhanworth - 1 mile Branston - 1.5 miles, Docks - 40 miles A46 - 12 miles

80.09 Hectares (197.90 acres) or thereabouts

Mainly free working Grade 2 Limestone arable land 350 tonne grain store. An excellent arable holding close to the city of Lincoln.

As a whole or in 3 lots Tender Date: 10th February 2017 before 12 noon Guide Price for the whole - £2,075,000

Description Mainly Grade 2 arable holding with a 350 tonne grain store and a small area of woodland. The land has been growing combinable crops and sugar beet. For sale as a whole or in 3 lots.

Location The land is located to the south east of Lincoln between the villages of Branston and Potterhanworth. The land is in three blocks.

Situation and Amenities This is a prime arable farming area with mainly limestone soils. 25m to 35m above sea level.

Lincoln is a cathedral city and the administrative centre of Lincolnshire with an urban population of 130,200 (mid 2014 est). It offers a fine range of facilities and amenities with boutique shopping in the cathedral quarter, a good range of restaurants and pubs, sports facilities, golf courses, supermarkets, leading retailers, medical and educational facilities. The University of Lincoln was established 20 years ago and brings vibrancy to the life of the city. LOT 1 LOT 1 Method of sale 6. Full name and address of both the prospective purchaser and Farm Building The farm is offered for sale by formal tender as a whole, or in 3 their solicitor should be provided with any tender. Grain Store 13.70m x 18.20m lots, or any combination of lots. Four bay steel portal frame grain store with capacity of around Lot 1 - 113.20 acres at Station Road, Potterhanworth 7. All tenders must include evidence of finance for the purchaser. 350 tonnes of grain. Timber drying floor and fan powered by Lot 2 - 20.71 acres at Station Road, Potterhanworth generator. The generator is excluded from the sale. Lot 3 - 63.88 acres at Potterhanworth Road, Branston 8. Tenders are to include a Solicitor’s deposit cheque of 10% payable to the vendor’s Solicitors Wilkin Chapman. The successful Basic Payment Scheme TENDER DATE: 10TH FEBRUARY 2017 BEFORE 12 NOON purchaser should be notified via a signed contract by the vendor, Included in the sale are Basic Payment Entitlements relating to the no later than 5pm on 17th February 2017. On acceptance the land which will be transferred to the purchaser after completion. The land is to be sold by contractually binding formal tender on contract will be deemed to be exchanged. Completion will take The value of the entitlements will be apportioned from the sale the following terms: place on 7th April 2017 or earlier by agreement. price at £200 per Entitlement. The number of Entitlements to be transferred will be; 1. All tenders must reach the office of JHWalter, 1 Mint Lane, 9. A Drop Box or CD containing copies of supporting legal Lincoln, LN1 1UD no later than 12 noon on Friday 10th February documentation referred to as a ‘Tender Pack’ is available from the Lot 1 - 43.36 Entitlements 2017. No late tenders will be considered. Selling Agent, preferably on request by the Solicitor/Agent acting for the prospective purchaser. This includes; Lot 2 - 8.39 Entitlements 2. Tenders should be submitted in writing on the prescribed Tender Form, Conditions of Tender, Contract of Sale, Search form, complete with the signed tender form and contract Results, Relevant Title Documents, Further Back Cropping. Lot 3 - 25.78 Entitlements and placed within a sealed envelope marked ‘Land between Potterhanworth and Branston’. The Land Copies of the Rural Land Register maps are available in the The land is divided into 9 convenient sized arable fields and is information pack. The 2016 Basic payment will be retained by 3. Tenders must be for a precise sum of pounds sterling. It is capable of growing good yields of combinable crops and sugar the vendor. advised that offers should be for an odd figure to avoid the beet. Part of the land last grew potatoes in 1994. Irrigation has possibility of identical bids. been used from neighbouring farms. There is a small area of Sporting Rights amenity woodland. The sporting rights are in hand and are included in the sale. 4. No tender will be considered, which is calculated only by reference to another offer. Lot 1, Lot 2 and the majority of Lot 3 are classified on the MAFF Mines and Minerals Land Classification Maps as Grade 2 with a small area of Lot 3 The mineral rights are in hand and included in the sale in so far 5. The vendor does not undertake to accept the higher or indeed being Grade 3. The soil type is Elmton 1 Association, described as that they are owned. any tender. well drained brashy calcareous fine loamy soils over limestone.

LOT 2 LOT 3 LOT 3 Tenure There is a gas main crossing Lot 1. Lincolnshire County Council 01522 552222 The land is currently farmed in hand and vacant possession will District Council 01529 414155 be given on completion. Approximately 1.5 acres of field 3560 There is a public footpath crossing Lot 2. (Lot 3) is down to grass and occupied under licence by a model Full details in the Tender Pack. Fixtures and Fittings aircraft club. The licence fee is £800 per annum and the licence is All fixtures and fittings are excluded from the sale unless terminable on one month’s notice. VAT mentioned in these particulars. It is not thought that the sale will attract VAT. However, in the Lot 1 - The generator, which runs the fan in the grain store, is Early entry is available with payment of a double deposit. event that any of the property is subject to VAT, this will be excluded from the sale. payable in addition to the purchase price. Restrictions and Development Clawback Viewing The vendor will not be imposing development clawback. Growing Crops and ingoing valuation If you would like to view the farm, please contact the agent. In addition to the purchase price, the purchaser will be When viewing, please take all precautions necessary to be safe Services required to pay to the vendor the full amount of the ingoing while on a working farm. There are no services to the land. valuation due to the outgoer in accordance with the prices and recommendations of the Central Association of Agricultural Vendor’s Solicitor Holdover Valuers including, where relevant, enhancement. There will be no Wilkin Chapman - The Maltings, 11-15, Brayford Wharf East, Following completion, the vendor will retain rights of counterclaim whatsoever of any kind. Lincoln LN5 7AY holdover for; The details of the ingoing valuation will be available in the legal Amy Slocombe-Smith • Storing items in and around the yard area in field number pack. Alternatively, the vendor is willing to take a licence to 01522 515974 7116 until 1st July 2017. harvest the oilseed rape on lot 3. [email protected]

Easements Wayleaves and Rights of Way Irrigation Vendor’s Agent The property is sold subject to and with the benefit of all There is no irrigation licence with the farm. JHWalter - 1 Mint Lane, Lincoln LN1 1UD easements, wayleaves and rights of way whether public or private and whether or not mentioned in these particulars of sale. Town and Country Planning Isabel McDougall Tim Atkinson The land is within North Kesteven district. The council is 01522 504331 01522 504304 There are electricity lines crossing the farm. currently reviewing the local plan as part of the Central 07738 421388 07919 694224 Lincolnshire Joint Planning Authority which also includes the [email protected] [email protected] There is an oil pipeline crossing fields 4696 and 3560 (Lot 3). City of Lincoln and District Council.

LOT 1 LOT 1 LOT 1 Schedule of Areas and Cropping

Professional Plan RLR Total Areas Back cropping Directions Lot 1 & 2 - Heading south, through Lot 1 Description Field No. Hectares Acres Field No. Hectares Acres Grade 2017 2016 2015 2014 Branston village, on the B1188, leave the Yard 6721 0.37 0.92 0.37 0.91 2 Yard Yard Yard Yard village and continue for around 1 mile. Take the left hand turn at the first cross Woodland 7412 1.64 4.04 7116 1.64 4.05 2 Woodland Woodland Woodland Woodland road onto Station Road, signposted Track 7705 0.2 0.48 Track Track Track Track Potterhanworth and Barndey. Lot 1 will be immediately on the left and Lot 2 is Arable 7001 5.54 13.7 7001 5.73 14.16 2 Sugar beet Spring barley OSR Spring barley around ½ mile further on. Arable 0813 18.23 45.05 0813 17.98 44.43 2 Spring barley Sugar beet Spring barley Arable Part of 0813 0527 0.25 0.62 2 Woodland Woodland Woodland Woodland Nearest postcode: LN4 2DX

Arable 5123 4.61 11.39 5123 4.61 11.39 2 Spring barley OSR Spring barley Lot 3 - Heading south through Branston Arable 8036 6.64 16.4 8036 6.54 16.16 2 Spring barley OSR Spring barley village, you will pass a car sale garage on your right. Take the next left hand turn Arable 1540 8.58 21.2 1539 8.58 21.20 2 Sugar beet Spring barley OSR Spring barley onto Moor Lane. Follow Moor Lane Arable 9648 0.16 0.40 2 Sugar beet Spring barley OSR Spring barley until you reach the next junction. At that point field 3560 will be on your 45.81 113.18 45.86 113.32 left. Turn left onto Potterhanworth Road, continue for around 500m and Lot 2 fields 4696 and 1403 will be on your right and left. Arable 4237 8.38 20.71 4237 8.38 20.71 2 Sugar beet Spring wheat OSR Winter wheat 8.38 20.71 8.38 20.71 Nearest postcode: LN4 1HZ

Photographs taken November 2016 Lot 3 Arable 4696 11.34 28.03 4696 11.34 28.02 2/3 OSR Spring barley Spring barley Sugar beet Arable 3560 9.39 23.21 3560 9.62 23.77 2 OSR Spring barley Spring barley Sugar beet Arable 1403 4.89 12.09 1403 4.89 12.08 2 OSR Spring barley Spring barley Sugar beet 25.62 63.33 25.85 63.88

Total 79.81 197.22 80.09 197.90

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 and Wales. Registration Number: 0C334615 www.jhwalter.co.uk