Rescassa and Ventonveth Letting Particulars
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Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro Land at Ventonveth TO LET BY INFORMAL TENDER - 184.50 ACRES RESCASSA, GORRAN & VENTONVETH, TREGONY TO BE LET BY INFORMAL TENDER - 184.50 (74.67 HECTARES) AT RESCASSA, GORRAN, ST AUSTELL, CORNWALL, PL26 6LU & LAND AT VENTONVETH, TREGONY, TRURO, CORNWALL, TR2 5SS INTRODUCTION Edward Buckland Ltd have been instructed by the Trustees of the Caerhays Estate to let by tender Land at Rescassa, Gorran, St Austell, PL26 6LU and Land at Ventonveth, Tregony, Truro, TR2 5SS for four years on a Farm Business Tenancy. The holding comprises a mixture of arable and pasture. Tenders close at 12.00 noon on Tuesday 27th August 2019 and must be received in writing by Edward Buckland Ltd at Crusader House, Newham Road, Truro, Cornwall, TR1 2DP. A Tender Form is available with these details. Please note: Land only. Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro THE LAND The land totals 184.50 acres (74.67 ha) of which 58.76 acres (23.78 ha) is at Ventonveth and 125.74 acres (50.89 ha) is at Rescassa. The land is classified as a mixture of Grade 2 and 3 on the Agricultural Land Classification maps. The land has historically been in an organic system which has ended. The land is in two blocks but will be let as one due to an existing Countryside Stewardship Agreement. The successful applicant will be permitted (subject to getting the necessary consents) to break the land that has not recently been ploughed and include it within an arable rotation. Consideration will need to be given to the Countryside Stewardship agreement. The land at Rescassa benefits from a mains water supply to the majority of the land. Natural supply in some fields. The land at Ventonveth is supplied via a private supply shared with another property. Care needs to be taken to avoid leaks on troughs. CROPPING The successful applicant will be permitted to grant short term cropping licences for potatoes, brassicas etc which should be factored into the rent if this is going to occur but consideration needs to be give to the Countryside Stewardship agreement. VIEWING Strictly by arrangement only. RENTAL TERMS The holding will be let on a Farm Business Tenancy, for an initial term of 4 years. A draft copy of which is available on request. The rent tendered will be a market rent and if reviewed will be assessed on this basis. REPAIRS The holding will be let on a full repairing basis with all obligations resting with the Tenant. BASIC PAYMENT SCHEME Basic Payment Scheme Entitlements are not included and will need to be acquired by the incoming Tenant. ENVIRONMENTAL STEWARDSHIP/COUNTRYSIDE STEWARDSHIP SCHEMES The land is in a 5 year Countryside Stewardship Scheme which commenced 01/01/2017 and will finish 31/12/2021. The incoming Tenant will have to take over the current CS agreement. If they wished to terminate this agreement then this would require the incoming Tenant to pay back £8,895.30 of capital works. The CS agreement is worth £4,246.69 per annum and a copy of the agreement is available as a pdf or a hardcopy for £5 plus VAT. OCCUPATION Available for occupation from 29th September 2019 to 29th September 2023. LEGAL COSTS The ingoing Tenant to pay a contribution of £500 plus VAT associated with the drafting of the Farm Business Tenancy. INGOING VALUATION There will not be a formal ingoing valuation prior to the commencement of the tenancy. Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro TENDER PROCESS Tenders must be submitted, together with the personal particulars forms and should bear the applicants signature, certifying that the information is correct. Applicants must complete the attached application form in full and provide a business plan for three years. Applicants should also include information as to the amount of capital they will bring to the farm, including any livestock, deadstock, working capital and sources of capital; available for investment. All tenders must be for a specific sum. Where the tender has been prepared by a professional agent this should be made clear. Completed applications must be received by 12.00noon on Tuesday 27th August at: Edward Buckland Ltd, Crusader House, Newham Road, Truro, Cornwall, TR1 2DP Applications should be marked “Private and Confidential Rescassa/Ventonveth Tender”. We reserve the right not to accept the highest or indeed any tender. GENERAL INFORMATION Local Authorities: Cornwall Council, New County Hall, Treyew Road, Truro, TR1 3AY. 0300 1234 100 Business Rates: The property is not currently subject to business rates, however if any business rates become payable then they will be the responsibility of the tenant. South West Water 0800 1691144 VAT: All of the above figures are quoted exclusive of VAT, where applicable. ALL ENQUIRIES Jeremy Merrick MRICS, Edward Buckland Ltd, Crusader House, Newham Road, Truro, Cornwall TR1 2DP - 01872 306090 www.edwardbuckland.co.uk [email protected] Land at Rescassa Land at Rescassa Agents note: Edward Buckland Ltd for themselves and for the vendor(s) or lessor(s) of the property give notice: 1. These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or mid- description shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a contract. 2. Any intending purchaser or tenant must satisfy himself or herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 3. No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection. 4. None of the services or appliances, plumbing, heating or electrical installations have been tested by the agent. 5. Any map extracts used on the details are used to assist identification of the property only, and are not an indication of the actual surroundings, which may have been changed since the map was printed. Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro SCHEDULE OF LAND Rescassa, Gorran, St Austell (edged Red on the attached plan) Sheet ID Parcel ID Total area (ha) Total area (acres) SW9742 3832 0.15 0.37 SW9742 5527 4.91 12.13 SW9742 6242 0.49 1.21 SW9742 6836 1.26 3.11 SW9742 7730 1.26 3.11 SW9742 8043 3.86 9.54 SW9742 9435 0.45 1.10 SW9742 9847 2.84 7.02 SW9742 9955 0.23 0.57 SW9842 959 1.96 4.84 SW9842 1053 1.38 3.41 SW9842 1332 3.39 8.38 SW9842 1445 0.14 0.34 SW9843 2252 0.11 0.27 SW9842 2333 0.13 0.32 SW9842 2367 2.16 5.34 SW9842 2777 0.09 0.22 SW9842 2880 0.05 0.13 SW9842 2925 0.04 0.11 SW9842 2935 0.25 0.62 SW9842 3068 0.06 0.14 SW9842 3756 0.39 0.96 SW9842 3768 1.24 3.06 SW9842 3939 0.96 2.37 SW9842 4146 2.12 5.24 SW9842 4485 5.41 13.37 SW9842 5054 3.40 8.40 SW9842 5366 0.92 2.27 SW9842 5372 0.07 0.18 SW9842 6078 0.92 2.27 SW9842 6454 1.78 4.40 Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro SCHEDULE OF LAND Rescassa, Gorran, St Austell (edged Red on the attached plan) Sheet ID Parcel ID Total area (ha) Total area (acres) SW9841 7065 3.8 9.39 SW9842 7981 4.67 11.54 Total 50.89 125.74 Ventonveth, Tregony, Truro (edged Red on the attached plan) Sheet ID Parcel ID Total area (ha) Total area (acres) SW9441 8946 1.33 3.27 SW9541 349 2.34 5.79 SW9541 2036 1.52 3.77 SW9541 2149 2.75 6.79 SW9541 3274 3.00 7.41 SW9541 3563 0.60 1.49 SW9541 3639 3.77 9.31 SW9541 3757 1.54 3.81 SW9541 4676 2.30 5.69 SW9541 4960 1.64 4.05 5242 2.98 7.37 Total 23.78 58.76 Land at Ventonveth Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro LOCATION PLAN Land at Rescassa, Gorran, St Austell & Land at Ventonveth, Tregony, Truro Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro PLANS OF THE LAND Land at Rescassa, Gorran, St Austell, PL26 6LU Land at Ventonveth, Tregony, Truro, TR2 5SS Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro TENDER FORM I have read and studied the particulars attached to this Tender Form in connection with the land at Rescassa, Gorran and Ventonveth, Tregony and have inspected the property. I understand that the initial term will be for 4 years and under the terms of a farm business tenancy. I accept the terms outlined in the particulars and I agree to sign and execute a written tenancy agreement, subject to terms being agreed and acceptable to both parties. I therefore tender the following annual rent for the holding as from 29th September 2019. LOT DESCRIPTION ACRES ANNUAL ANNUAL RENT OFFER IN RENT OFFER WORDS IN FIGURES Land at 1 Rescassa 125.74 Land at 2 Ventonveth 58.76 WHOLE 184.50 Signed ………………………………………………………. Name ………………………………………………………. Address ………………………………………………………. ………………………………………………………. ………………………………………………………. ………………………………………………………. Dated ……………………………………………………….. Completed applications must be received by 12.00noon on Tuesday 27th August at: Edward Buckland Ltd, Crusader House, Newham Road, Truro, Cornwall, TR1 2DP Applications should be marked “Private and Confidential Rescassa/Ventonveth Tender”. We reserve the right not to accept the highest or indeed any tender. Rescassa, Gorran, St Austell & Ventonveth, Tregony, Truro APPLICATIONS AND TENDER For the tenancy of land at Rescassa, Gorran, St Austell & land at Ventonveth, Tregony, Truro 1.