Spalding, Lincolnshire

A HORTICULTURAL/AGRICULTURAL INVESTMENT
Grade I Agricultural Land in a strategric location near Pinchbeck, Lincolnshire. Extending to approx 24.2 acres (9.79 ha).


LOCATION : What 3 words: ///expecting.noise.questions
The land is situated off Blue Gowt Lane Pinchbeck, approximately ½ mile west of Pinchbeck and 1½ miles north of Spalding.

DESCRIPTION
The property comprises 24.20 acres (9.79 hectares) of best quality silt with the benefit of planning consent for Polytunnels.

The land is classified as Grade I on the Agricultural Land Classification of England and Wales Sheet 123.

The land is currently let on a farm business tenancy for a fixed term, expiring on 29th September, 2025. Current rent: £12,000pa (Reviewable wef: 29/09/2024)

The land benefits from two separate Planning Permissions for the erection of Polytunnels;

1. 27the May 2011 – Ref: H14/0374/11
2. 21st August 2008 – Ref: H14/0920/08

Please note:
1. That the Polytunnels are owned by the current tenant. However they could be available for purchase at the end of their tenancy.

2. The land benefits from irrigation. The irrigation tank is served by two water mains. The water irrigation tank is currently sited away from the block of land with a right reserved to bring the pipe underground to the land.

GENERAL REMARKS & STIPULATIONS

SERVICES
The land benefits from two main water supplies to the irrigation tank.

OUTGOINGS
Drainage rates are payable to the Welland & Deepings Internal Draining Board. These are currently paid by the tenant.

CONTRACTS & QUOTAS
There are no Contracts or Quotas included in the sale.

BASIC PAYMENT SCHEME (BPS)
The land is registered with the Rural Land Registry. There are no BPS entitlements included in the sale.

UNDERDRAINAGE
It is understood that the land has been underdrained.

SPORTING
All sporting rights are included in the sale.

PLANS AREAS & SCHEDULES
These have been prepared as carefully as possible and are based on relevant Ordnance Survey data and Rural Land Registry Plans. The Plans are published for illustrative purposes only and although they are believed to be correct their accuracy cannot be guaranteed.

VAT
Should any sale of the land as a whole, or in lots, or any right attached to it become a chargeable supply for the purpose of VAT, such tax shall be payable by the buyer(s) in addition to the contract price.

PLANNING & DEVELOPMENT
Potential buyers should make their own enquiries of the Local Planning Authority, South Holland District Council, Priory Road, Spalding, Lincolnshire PE11 2XE Tel: .

It should be noted:

1. Land to the north formerly Keston Nurseries has the benefit of a consent granted in September 2021 for 100 dwellings and associated works (H14-1028-21).

2. A further application for 13 dwellings and construction of internal roads with associated landscaping and areas of open space formerly Keston Nurseries is undetermined.

3. The SE Linc Local Plan 2011-2036 was adopted in March 2019. - see map attached.

TERMS OF SALE
The vendor will wish to retain a 33% overage for 30 years for any non-horticultural or agricultural development.

DISPUTES
Should any dispute arise as to boundaries or any matters relating to the particulars, schedule or interpretation, the matter will be referred to an arbitrator to be appointed by the selling agents.
TENURE & POSSESSION
The property is offered freehold subject to the FBT currently in force.

It should be noted that the current tenant has expressed an interest in taking a new lease on the expiry of the current FBT.

METHOD OF SALE
The property is offered for sale by private treaty.

HEALTH AND SAFETY
Given the potential hazards of a working farm, we ask that you be vigilant when making your inspection for your own personal safety.

VIEWING
Viewing of the property is strictly by appointment through the selling agents.

SOLE SELLING AGENTS
RH & RW Clutton, 1 West Street, East Grinstead, West Sussex RH19 4EY. Tel: Mobile: (Tim Raikes) Email: