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227.83 Acres At Sutton-cum-Lound, Retford, Nottinghamshire DN22 8PW Land off Station Road & Mattersey Road, SUTTON-CUM-LOUND, NOTTINGHAMSHIRE DN22 8PW Retford - 2½ miles Bawtry - 7 miles Worksop - 10 miles Newark - 28 miles A1 South - 2½ miles A1 North - 4½ miles 227.83 ACRES (92.19 Hectares) or thereabouts Productive arable land including a 500 tonne grain store. FOR SALE AS A WHOLE BY CONTRACTUALLY BINDING FORMAL TENDER Tender Date: Before 12 Noon, Friday 26th July 2019 Guide Price - £2,000,000 (£8,800/acre) Description Retford is the second largest town in the district of Bassetlaw A tender pack is available from Tallents, the Seller’s solicitors, A very productive block of well farmed Grade 2 and Grade 3 after Worksop, and is on the East Coast rail mainline providing on request following completion of an identity check to satisfy arable land, which has been growing wheat, barley, oilseed rape excellent links to London and the north. The canal provides the Money Laundering, Terrorist Financing and Transfer of Funds and maize crops. The land has grown sugar beet and potatoes. links to the UK Inland Waterways. The town is an important Regulations. commercial centre for the local area with markets held on Location and Access Thursdays and Saturdays. Retford has a range of both primary 3. The tender documents must be placed within a sealed The land is located immediately to the west of Sutton-cum- and secondary schools, and an extensive provision of local envelope. The envelope must be marked externally both with the Lound, approximately 2½ miles to the north west of Retford. The amenities including sports facilities, entertainment, surgeries, name, address and contact telephone number of the bidder and land is in a ring fence with the principal access off Mattersey Road restaurants and pubs. the heading ‘Land at Sutton-cum-Lound’ to the north of the village. There are additional access points available off Station Road, and along Mire Lane from the village. Method of Sale 4. Tenders must be for a precise sum of pounds sterling. It The farm is offered for sale by formal tender as a whole. is advised that offers should be for an odd figure to avoid the Situation and Amenities possibility of identical bids. The land lies in an attractive area of open countryside at TENDER DATE: BEFORE 12 NOON, FRIDAY 26TH JULY 2019 between 10 and 20 metres above sea level. Sutton-cum-Lound 5. No tender will be considered, which is calculated only by is a delightful village of just over 300 dwellings and is classified The land is to be sold by contractually binding formal tender on reference to another offer. as a Rural Service Centre in the Bassetlaw District Council’s the following terms: Core Strategy. The village includes a pub, village hall and church 6. The seller does not undertake to accept the highest or indeed together with the Sutton Church of England primary school. 1. All tenders must reach the office of JHWalter, 1 Mint Lane, any tender. Lincoln, LN1 1UD no later than 12 noon on Friday 26th July 2019. Retford is the nearest settlement, just 2½ miles away to the No late tenders will be considered. 7. The full name and address of both the prospective buyer and east. One of the oldest boroughs in England, the market town their solicitor should be provided with any tender. of Retford is located in the valley of the River Idle with the 2. Tenders should be submitted in writing on the prescribed Chesterfield canal passing through its centre. form, complete with the signed tender form and contract. 8. All tenders must include evidence of finance for the purchase. Contour plan 9. Tenders are to include a solicitor’s deposit cheque of 10% Access The Soils of the offer price payable to the seller’s solicitor Tallents clients The main farming access to the land is off Mattersey Road to The soil types are shown on the 1:250,000 map Soils of England account. The successful buyer should be notified via a signed the north of the village. There are also two points of access off and Wales as predominantly Newport 1 with a smaller area contract by the seller, no later than 5pm on 2nd August 2019. Station Road; one immediately to the east of the railway line and of Blackwood in the south west corner. Newport 1 soils are On acceptance, the contract will be deemed to be exchanged. the other approximately 200 metres towards the centre of the described as “deep well drained sandy and coarse loamy soils”. Completion will take place on 6 September 2019. Please note village, just after the property, 32 Station Road. The property 34 Blackwood soils are described as “deep permeable sandy and that if early entry is required, prior to completion, this is subject Station Road has a right of way over the access track, subject to coarse loamy soils”. Both soil types are suitable for cereals to the payment of an additional 10% deposit. paying a proportionate cost of maintenance and repair. Mire Lane potatoes and sugar beet. also gives access to the land. 10. A ‘Tender Pack’ of supporting legal documentation is available Basic Payment Scheme from Tallents, preferably on request by the solicitor or agent The Land Included in the sale are Basic Payment Entitlements relating to the acting for the prospective buyer. This includes; Tender Form, The land is divided into convenient sized arable fields and is land which will be transferred to the buyer after completion. The Conditions of Tender, Contract of Sale, Search Results, Relevant capable of growing very good yields of combinable crops and Entitlements are included in the price tendered. Title Documents. maize. There are a number of small areas of permanent grassland, some of which are access/tracks, as well as an area of 1.89ha The value of the entitlements will be apportioned from the 11. The sellers solicitor or agent is required to carry out an on the top of the hill in field 2696. In the north west corner of sale price at the rate of £120 per Entitlement. The number of identification check on prospective buyers prior to the solicitor the block, there is an area of woodland and ponds that adjoins Entitlements to be transferred is 89.76 Entitlements making the Tender Pack available in order to comply with the Daneshill Lakes, of about 1.53ha Money Laundering, Terrorist Financing and Transfer of Funds Copies of the Rural Land Register maps are available in the Regulations. Land Registration Tender Pack. The 2019 Basic payment will be retained by The land is registered under six title registers NT2156; the seller. NT260881; NT295546; NT369382; and NT517956. In addition there is a registered title NT465105 representing a blanket Sporting Rights registration by the Church Commissioners over mines and The sporting rights are included in so far as they are owned. minerals. Title documentation is available in the Tender Pack. Mines and Minerals within 30 years of the sale, the buyer and their successors in additional claim for residual and unexhausted manurial values. The mine and mineral rights are referred to in the Title title will pay to the seller and their successors in title, 25% of the There will be no counter claim whatsoever of any kind. Documentation available in the Tender Pack. Generally mines and increase in the value of the land with the benefit of the planning minerals rights are not owned, but each registered title should be permission over and above its existing use value. Services reviewed as provisions vary. There is a 3-phase electricity supply to the farm building. Holdover Tenure After completion, the seller will holdover on any fields until the Easements Wayleaves and Rights of Way The land is currently farmed in hand and vacant possession will current crop is harvested and removed including barley straw. The property is sold subject to and with the benefit of all be given on completion. Wheat straw and oilseed rape straw will be chopped by the easements, wayleaves and rights of way whether public or private combine harvester. The buyer may take entry immediately after a and whether or not mentioned in these particulars of sale. Farm Buildings field is cleared, after completion. There will be a holdover on the Within the Tender Pack, there are details of wayleaves payment There is a grain store adjacent to the northern boundary of grain store until 31st January 2020. received and also a deed of grant in favour of East Midlands the property, with a capacity of at least 500 tonnes. The portal Electricity. A plan provided by the seller showing the approximate framed building (60’ x 60’) is clad in plastic coated steel panels Early Entry location of electricity lines is included in the Tender Pack. and includes roller shutter and personnel doors. There is grain Early entry is available after exchange of contracts on the walling to a height of 10’ to the perimeter of the building and a payment of an additional 10% deposit and the payment of the There is a public right of way which extends from the Church 40’ internal dividing wall. A lean-to extension provides additional ingoing valuation. along the south west boundary of field 1215 and then across the covered area presently used to house a mobile drier. land to the railway line alongside the southern boundary of field Growing Crops and Ingoing Valuation 4034. At the railway, the footpath turns northwards through the Development Clawback The seller will harvest the growing crops and may undertake woodland and pond area into Daneshill Lakes.

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