Land for sale

THIS IS 197 ACRE BLOCK OF FREEHOLD PERMANENT PASTURE LAND CURRENTLY MANAGED UNDER A COUNTRYSIDE STEWARDSHIP SCHEME. THE LAND IS LEVEL, ALL DOWN TO PERMANENT PASTURE AND CONTAINS A NUMBER OF DILAPIDATED STONE BUILDINGS.

Viewing

Strictly and only by appointment made through the Vendor's sole agents who are Nancekivell & Co on 01769 574111.

Directions

From Barnstaple drive to Braunton where turn left at the first roundabout opposite the garage, travel down this road to the next roundabout. Continue straight across leaving Velator Harbour on the left, over a hump backed bridge and then take the first left onto the Braunton Marsh Toll Road (£1.50). Continue along this road for approximately 0.5 miles where the land can be found on the left with the Taw/Torridge Estuary on the southern boundary.

Description

This is a 197.5 est block of ring fenced freehold agricultural pasture land currently managed under a Countryside Stewardship Scheme which aims to provide a variety of habitats for wildlife. The land is level, has been drained and incorporates a series of stone walls and some dilapidated stone farm buildings. The land is bordered on the south by the River Taw and on the east by the River Cain. Some of the stone farm buildings are being restored under the scheme in order to help retain the landscape character of the area. The land currently derives a considerable income from Defra. Full details available from the sole selling agents.

Maps & Plans

A plan, which is not to scale is included with these sale particulars is for identification purposes only.

Tenure

The land is freehold with vacant possession available. The vendor is happy to look at a sale and lease back arrangement if this is of interest to a purchaser using a five year Farm Business Tenancy or similar term.

Method Of Sale

The property will be offered for sale by private treaty.

Countryside Stewardship

The property is managed under a Countryside Stewardship Scheme which provides a considerable annual income together with grant assistance for restoration of walls and buildings. The income available from CSS is approximately £18,000.

Single Payment Scheme

The Vendors have registered and activated the Single Payment Scheme. The registration for this will be handed over to the new owner at completion through the preparation of the relevant transfer documents. The income from the SPS equates to approximately £12,000. In addition the land could easily be let for approximately £50 per acre which gives a total gross income per annum of around £40,000 from grants, subsidies and rental income.

Financial Services

We are not linked with any specific finance company however we are happy to put forward names of various organisations that would be pleased to assist you with mortgage arrangements should these be required.

If you would like further advice please do not hesitate to contact this office and we will arrange for a financial advisor to contact you accordingly.

Ombudsman

We are full members of the Ombudsman for Estate Agents scheme, full details of which are held here at the office.

Disclaimer

Nancekivell & Co have not tested any apparatus, equipment, fitting or services and cannot verify that they are in working order. The buyer is advised to obtain verification from his solicitor.

Directions

From Barnstaple drive to Braunton where turn left at the first roundabout opposite the garage, travel down this road to the next roundabout. Continue straight across leaving Velator Harbour on the left, over a hump backed bridge and then take the first left onto the Braunton Marsh Toll Road (£1.50). Continue along this road for approximately 0.5 miles where the land can be found on the left with the Taw/Torridge Estuary on the southern boundary.

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