A Small Ring Fenced Investment Estate with Diversified Income Streams
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A SMALL RING FENCED INVESTMENT ESTATE WITH DIVERSIFIED INCOME STREAMS CLOSE TO THE A19 AND M62 land at askern, doncaster, south yorkshire LAND AT ASKERN doncaster, south yorkshire Description A small ring fenced investment estate with diversified income streams close to the A19 and M62. The land extends to approximately 232.68 acres (94.16 hectares) of restored arable, grassland, woodland and amenity land, with significant rental income from a solar lease, just off the A19. The land is gently undulating and comprises of restored arable and grassland interspersed with young woodlands, wetland and pond areas. The solar park site is leased to FIM Solar Generation 1 LLP. The lease commenced on 29 December 2014 for a term of 27 years, with a rent of £26,333 per annum. Copies of the lease documents are available to download in the Data Room. GENERAL INFORMATION Rights of Way, Easements & Wayleaves The property is sold subject to, and with the benefit of all existing wayleaves, easements and rights of way, public and private whether specifically mentioned or not. Local electricity lines and public footpaths are known are known to cross the land. Agricultural Holdings Act Tenancy (AHA 2) – Rent £300 per annum. Directions Protected tenancy. Travelling north on the A19 passing through Askern, turn left onto Services Campsall Road, the main entrance to the south of the site can be Solar Lease – Rent £26,333 per annum. Agreement expiry 27 The location or availability of service connections is unknown. found on the right hand side after approximately 350 yards. Continuing December 2041. on Campsall Road for another 800 yards, the entrance to the east of Local Authority the site is located on the right, down a short unmade track. The north Copies of the documents are available to download in the Data Room. Doncaster Council: Civic Office, Waterdale, Doncaster, South Yorkshire, access to the site is off Common Lane stemming south from the village Rents collected will not be apportioned. DN1 3BU of Norton. Method of sale Sporting Rights Viewing The land is offered for sale by private treaty as a whole. Included in the sale insofar as they are owned. The land may be inspected at all reasonable times, on foot with a copy of the sale brochure. Care should be taken with particular note Overage condition Minerals to livestock, open ditches and drains. Viewing of the solar park is not The land is sold subject to an overage clause whereby 50% of any Included in the sale insofar as they are owned. permitted and entry to the compound is strictly forbidden. uplift in value on implementation or sale following the issue of a planning permission for uses other than agriculture, equestrian will Solicitors Date of Information be payable to the Vendor. The clause is to run for a period 25 years. Pinsent Masons LLP: Princes Exchange, 1 Earl Grey Street, Edinburgh, Particulars prepared – May 2018 Overage is to be secured by a restriction on the registered title and EH3 9AQ Photographs taken – March 2018 legal charge. Ref: WD180515 Tenure Post Codes The freehold is offered for sale, subject to the following tenancies: Data Room DN6 9EZ North of the site – off Common Lane Copies of the tenancy agreements are available to download from the Farm Business Tenancy (FBT) - Rent £1,800 per annum. Agreement DN6 9LN East of the site – off Church Field Road online data room: https://sites.savills.com/harworthsales expiry 31 January 2019 DN6 0BY South of the site – off Campsall Road Contact Agricultural Holdings Act Tenancy (AHA 1) – Rent £1,750 per annum. William Douglas Protected tenancy. 01904 617800 [email protected] This Plan is based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office. Crown Copyright reserved. (100024244). This Plan is published for the convenience of Purchasers only. Its accuracy is not guaranteed and it is expressly excluded from any contract. NOT TO SCALE. This Plan is based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office. Crown Copyright reserved. (100024244). This Plan is published for the convenience of Purchasers only. Its accuracy is not guaranteed and it is expressly excluded from any contract. NOT TO SCALE. Savills York River House, 17 Museum Street York, YO1 7DJ [email protected] 01904 617800 Important Notice Savills, their clients and any joint agents give notice that: 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or savills.co.uk otherwise. 18/05/17 [WD].