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Farm Units and barns, Sporting Rights for Sale

Belchamp Walter, Sudbury, CO10

SOLD
£1,900,000.00
433.53 acres

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Farm Units and barns, Sporting Rights for Sale

Belchamp Walter, Sudbury, CO10

SOLD
£1,900,000.00
433.53 acres
An investment farm let on a 1986 Agricultural Holdings Act Tenancy extending to 433.53 Acres (175.45 Hectares)

Location

A single parcel of productive arable land and grassland with good access from public roads and internal farm tracks. The arable land extends to approximately 396.62 acres (160.39 hectares) the grassland to 28.76 acres (11.64 hectares).The majority of the soil is shown as Grade 2 on the MAFF Land Classifi cation Plan with some Grade 3 adjoining the Belchamp Brook. The soil is mainly of the Hanslope Association which is described by the Soil Survey of England and Wales as being slowly permeable calcareous clayey soil. In addition there is an area of the Ludford Association, being a lighter soil on the land close to Belchamp Brook.CROPPINGThe land is farmed under an arable rotation including the growing of cereals, oil seed rape and sugar beet.TENURE AND TENANCYThe freehold of the property is being offered for sale subject to two 1986 Agricultural Holdings Act Tenancies dated 11th September 2013 in favour of a farther and son who are second and fi nal successors respectively.The current combined rent is £29,000 per annum and is payable half yearly in arrears for both tenancies. A Section 12 Notice was served by the Landlords to review the rents at 11th September 2019 on both tenancies.A copy of the Tenancy Documentation can be obtained from the Vendor's Agents.BASIC PAYMENT SCHEMEThe BPS Entitlements are owned by the Tenants.GENERAL REMARKS AND STIPULATIONSEXCHANGE OF CONTRACTS AND COMPLETIONExchange of contracts will take place 21 days after receipt by the purchaser's solicitor of a draft contract with a 10% deposit payable.Completion will be 20 days after exchange of contracts or otherwise by agreement.SHOOTINGShooting rights are reserved to the Landlord under the tenancy agreements.The Vendor wishes to retain the shooting rights from this sale for a period of 20 years, or until the Purchaser wishes to sell the whole property, whichever date is earlier.WAYLEAVES, EASEMENTS AND RIGHTS OF WAYThe land is for sale subject to all existing rights, including rights of way, whether public or private, light, drainage, water, gas and electricity supplies and other rights, easements, and wayleaves, whether they are referred to in these particulars or not. The following should be noted:-1. There are a number of footpaths and a bridleway crossing the land being sold.2. The Vendor reserves a right of way for all purposes along the track which runs along the northern boundary of OS2662 on the sale plan.VALUE ADDED TAXShould any sale of the farm, or any rights attached to it become a chargeable supply for the purpose of VAT, such tax will be payable by the buyer(s) in addition to the contract price.DISPUTESShould any dispute arise as to the boundaries or any matters relating to the particulars, or the interpretation thereof, the matter will be deferred to an arbitrator to be appointed by the selling agent.PLANS AND AREASThese are prepared as carefully as possible by reference to digital OS data and the Rural Land Register. The plans are published for illustrative purposes only and although they are believed to be correct their accuracy cannot be guaranteed.ANTI MONEY LAUNDERINGIn accordance with the most recent Anti Money Laundering Legislation, buyers will be required to provide proof of identity and address to the selling agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.LAND DRAINAGESome of the land is under drained.
The land lies to the north east of Belchamp Walter and to the west of Sudbury in Suffolk.

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Rural Property for SaleRural Property for Sale in SudburyRural Property for Sale in Belchamp Walter
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Rural Property for SaleSudburyBelchamp WalterBelchamp Walter, Sudbury, CO10SOLD