54.99ac Arable Land at Mendham Sale By Tender £500,000

Details

SITUATION
The property is located to the south east of Mendham village in open countryside in this attractive part of rural North Suffolk.

DESCRIPTION
The land comprises a single enclosure with good road frontage onto the adopted highway.

TENURE
Freehold with vacant possession given on completion. Exchange 4 weeks from receipt of the contract and completion 4 weeks thereafter. The title is unregistered.

METHOD OF SALE
The Land is offered as a whole By Informal Tender. The closing date is the 10th March 2017 at 12:00. The transfer mechanism will accommodate the sellers Entrepreneurs Relief (ER)application.

Tender forms are available from the agents Harleston office.

ENVIRONMENTAL STEWARDSHIP
The property is not in any Stewardship Agreements.

SOIL TYPE AND LAND GRADE
The Soil is described as being of the Beccles Series 1 and Hanslope soil types, which are suitable for growing a range of cereal crops, sugar beet etc.

The land is listed as being Grade 3 on the Agricultural Land Classification Map.

LAND DRAINAGE
The land has been underdrained mainly with 1950/60s schemes. Details are held at the agents Harleston office.

OUTGOINGS
The land falls within the Environment Agency Anglian Eastern area General Drainage Charge. The rate for the 2016/17 financial year is 348.01 pence/ha.

SCHEDULE OF AREAS
TM2781 Pt. 9794 Arable 22.2550ha 54.9933ac

BUILDINGS
None are included in the sale

BASIC PAYMENT SCHEME
The land is registered for Basic Payment Scheme purposes. The following entitlements will be transferred to the buyer on completion of the sale: -

Non SDA 23.53 ?175.27 ?77.71
(Based on exchange rate of ?1 = 0.85228)

A BPS Claim will be submitted covering the 2017 Claim either by the seller or the buyer depending upon the timing of the sale. The claim will be paid to the buyer. Further Basic Payment Scheme Information is held at the Harleston office and may be inspected on request

SERVICES
None are connected

VAT
The sellers have not registered to charge VAT on the sale of the land.

SPORTING TIMBER AND MINERALS
All sporting rights, standing timber and minerals are included in the sale subject to the usual statutory limitations.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The property is sold subject to and with the benefit of all existing wayleaves, easements, quasi-easements, rights of way, covenants and restrictions whether mentioned in these particulars or not and in particular:
? Overhead electricity cables (wayleave statement available)
? Water pipes.
Further Details are held at the Agents Harleston office.

EARLY ENTRY AND INGOING VALUATION
1. It is intended the buyer will purchase the growing crops on completion. The basis will be the actual cost of inputs plus current Central Association of Agricultural Valuers cultivation costs.
2. After exchange of contracts the buyer may take early entry on payment of an additional 10% deposit subject to the sellers ER application.
3. There will be no holdover in favour of the seller.

USEFUL CONTACTS DETAILS
Mid Suffolk District Council: 131 High Street, Needham Market, Ipswich, IP6 8DL Tel: 01449 724612,
Email: planningadmin@baberghmidsuffolk.gov.uk
DEFRA, Block B, Goverment Buildings, Brooklands Avenue, Cambridge, CB23 2DR. Tel: 01223 462727
Natural England, Natural England, Eastbrook, Shaftesbury Road, Cambridge, CB2 8DR. Tel: 0300 060 3787
Environments Agency Iceni Office, Cobham Road, Ipswich, Suffolk, IP3 9JE. Tel: 01473 727712

SELLER?S SOLICITORS
Jim Laband, Jackamans, Ancient House, Harleston, Norfolk, IP20 9AS Tel: 01379 854 455

DIRECTIONS
From Harleston travel east to Mendham village. Cross the Waveney River, leave the Munnings PH on your left. At the cross roads turn right then first left. The land will be found on the left hand side after 1.2km.
Satellite Navigation Postcode: IP20 0PE

VIEWING
Those experienced in agriculture can view at any time during daylight hours with the particulars in hand. Those outside of the industry should make arrangements for accompanied viewing.

CONTACT DETAILS
Nick Durrant or Chris Daniels at the Harleston Office;
Durrants Harleston Norfolk IP20 9AU
Tel: 01379 851036
Email: nick.durrrant@durrants.com or chris.daniels@durrants.com

IMPORTANT NOTICE
Durrants and their clients give notice that: -
No investigations have been made in respect of any matter concerning pollution of the land, air or water and the buyers are responsible for making their own enquiries in this respect.
The measurements, distances and areas are given as approximate. These particulars and photographs are provided for guidance only and are not necessarily comprehensive.

These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. No warranties in relation to the property are given either by the agent or on behalf of their client or otherwise.
The boundaries are based on the Ordnance Survey and are for reference only. The purchaser will be deemed to have full knowledge of the boundaries and any error or mistake shall not annul the sale or entitle any party to compensation in respect thereof.

HEALTH AND SAFETY
Given the potential hazards of a working farm we would ask you to be as vigilant as possible when making an inspection for your own safety.


Map

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