FOR SALE by INFORMAL TENDER (Tender date 12 Noon, Thursday 28 th July, 2016)

43 ACRES OF GRASSLAND

KIRKBY ON BAIN, , LN10 6YT

Pasture land extending to 43.34 acres across seven connecting fields with road access and river frontage. Close to the village of Kirkby on Bain. Available as a whole with vacant possession subject to grazing licenses.

Guide Price: £220,000 Old Bank Chambers, , Lincs LN9 5HY Tel: 01507 522222 Fax: 01507 524444 E-mail: [email protected] Website: www.robert-bell.org

LOCATION SERVICES The land is situated to the North West side of There is no electricity nor mains water connected. Kirkby on Bain running alongside the . Currently cattle are able to access the river. The land is located 0.3 miles off the A153 on Rime’s Lane where there is direct access. This is BASIC PAYMENT SCHEME & CONTRACTS approximately 5 miles South of Horncastle and East of Woodhall Spa. The land is registered with the Rural Land Registry and would be eligible for the Basic Payment

Scheme and 17.54 entitlements are included in the DESCRIPTION sale. For avoidance of doubt the Basic Payment A combination of seven fields totalling to 43.34 Scheme for 2016 has been applied for and will be acres available as a whole. The fields are retained by the vendor. The land is not subject to permanent pasture fenced for cattle, with frontage any stewardship agreement. to the River Bain down the West side. It is classified Grade III and would be suitable for TIMBER , MINERAL & SPORTING RIGHTS environmental schemes. There are footpaths that The timber, mineral and sporting rights are run on the edge of the land along the River Bain included in the sale so far as they are owned, with and Beck. the exception of field ‘4257’ where the mineral rights are not available. ACCESS The land has direct road access to Rimes’s Lane to CLAWBACK the north and a further access by right of way Field 4257 only is subject to a 50% ‘clawback’ in below “Swandrift” from Kirkby on Bain. favour of the previous owner for any development other than agriculture or equestrian grazing. This is OUTGOINGS for the next 45 years. Drainage Rates are payable to the Witham Third District. TENURE & POSSESSION The land is offered freehold with vacant SCHEDULE possession. The land is let on a grazing licence until Rural Land Registry 31 st October 2016 and the licence fee will be retained in full by the vendors. There will be no Sheet No. OS No. Acres Hectares claim for tenantright nor dilapidations. TF 2463 1117 2.82 1.14

TF 2462 1698 8.86 2.58 RIGHTS OF WAY , EASEMENTS & WAYLEAVES TF 2462 2480 10.71 4.34 TF 2462 3466 4.31 1.74 The land is sold subject to and with the benefit of all existing rights, including rights of way, whether TF 2462 5268 14.26 5.77 public or private, light, support, drainage, water TF 2462 4257 3.03 1.23 and electricity supplies and all other rights, TF 2462 5046 1.82 0.73 easements, quasi-easements and all wayleaves Total 43.34 17.54 whether referred to in these particulars or not. In particular there is the benefit of a right of access and a footpath.

METHOD OF SALE The land is offered for sale by informal tender as a whole. All offers are subject to the following tender conditions and are to reach the agents Horncastle office by 12 noon on 28 th July 2016.

VIEWING AGENT Viewing is permitted during normal office hours George Harrison, Robert Bell & Company when in possession of a set of these particulars. 01507 522222 [email protected]

TENDER CONDITIONS 1. Tenders should be made out by completing the enclosed pro-forma and submitting in a sealed envelope to: • Robert Bell & Company, Old Bank Chambers, Horncastle, , LN9 5HY (Envelope to be marked in the top left hand corner Kirkby on Bain TENDER) 2. Tenders must be received no later than 12 noon on Thursday 28 th July, 2016 3. Offers must not be by reference to any other offer or party and should be best and final offers for the land as described in these sale particulars. 4. All offers should be stated in pounds sterling, subject only to contract. We recommend that your offer is for an odd figure to avoid the possibility of duplicate bids. 5. You should confirm in your offer that you are able to fund the purchase and that your offer is not dependent upon either sale of other property or financing arrangements, which are not already in place. 6. The successful tenderer will be notified within 7 days and agrees that they will cooperate in referring the sale to solicitors and expedite exchange of contracts within 28 days of their solicitor receiving a contract. 7. A deposit of 10% of the purchase price will be payable on exchange of contracts. 8. All tenders will be considered on their merits and the Vendor reserves the right not to accept the highest or any tender. These particulars were prepared in June, 2016

DISCLAIMER Messrs Robert Bell and Company for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Robert Bell and Company has any authority to make or give any representation or warranty whatever in relation to this property. (iv) All parties are advised to make appointments to view but the agents cannot hold themselves responsible for any expenses incurred in inspecting properties, which may have been sold or let. (v) These maps/plans are for identification purposes only. Reproduced from the Ordnance Survey Map with the permission of Her Majesty’s Stationery Office. Crown Copyright Reserved. Licence No. ES759244

TENDER FORM (S UBJECT TO CONTRACT )

PROPERTY : 43.34 acres at Kirkby On Bain

CLOSING DATE : 12 noon on Thursday 28 th July, 2016

INSTRUCTIONS : Read accompanying particulars and tender conditions and then complete this pro - forma and submit to either: • Robert Bell & Company, Old Bank Chambers, Horncastle, Lincolnshire, LN9 5HY (Envelope to be marked in the top left hand corner Kirkby On Bain TENDER) • [email protected] (Subject Kirkby On Bain TENDER)

I / We ……………………………………………………………………………………………………………….……. hereby offer to purchase, subject to contract, the property above and confirm our agreement to the terms of the tender procedure, as described in the Agent’s accompanying particulars

In the sum of: £…………… (words) ……………………………………………………………………………………

The acquisition will be funded by: ……………………………………………………………………….……………

Tenderer(s) Signature: ……………………………………………………………………………………………………

Ful l Name: ……………………………………………………………………………………………………

Address: ……………………………………………………………………………………………………

……………………………………………………………………………………………………

Telephone: ……………………………………………………………………………………………………

Email: ……………………………………………………………………………………………………

Solicitors Name: ……………………………………………………………………………………………………

Of: ……………………………………………………………………………………………………

Telephone: ……………………………………………………………………………………………………

Email: ……………………………………………………………………………………………………

Old Bank Chambers, Horncastle, Lincs LN9 5HY Tel: 01507 522222 Fax: 01507 524444 E-mail: [email protected] Website: www.robert-bell.org/