Land for saleNewbiggin, Temple Sowerby, Penrith, Cumbria, CA10
Sold STC 332.4 ac. | £1,800,000
- 332.5 acres (134.5 hectares)
Lot 5 Improved grassland and woodland extending to approximately 332.47 (134.53 hectares) - guide price £1,800,000.
LOT 5 - Newbiggin Hall Farmland
About 332.47 acres (134.53 hectares)
Coloured purple on the plan
The land extends in all to approximately 333 acres situated to the north west of the village and within a compact ring fence. The land comprises improved meadow and pasture land extending to approximately 258 acres, some of which is capable of arable cropping, together with mixed woodland extending to approximately 75 acres.
The woodland comprises strategically placed shelter belts together with larger expanses of commercial woodland which not only provides cover to develop an exciting farm shoot but also provides scope for a return from the mature woodland.
Newbiggin Hall Farm is undulating in nature and nestled beneath the highest point in the Pennines, the iconic Cross Fell. The farm rises from 130 metres above sea level to approximately 160 metres above sea level with the land being classed as Grade 3.
The underlying soil type is classed as belonging to the Clifton Series which is summarised as a slowly permeable reddish fine loam ideal for grassland and cereal.
GENERAL REMARKS AND STIPULATIONS
Method of Sale : Newbiggin Hall Farm is offered for sale as a whole or in up to five lots by private treaty. If you have downloaded these particulars, please register your interest with the Harrogate office so that you can be kept fully informed as to how we propose to conclude the sale.
Tenure and Possession: The property is sold subject to a grazing licence which expires on 31st October 2016 or upon serving 2 weeks notice. The sporting rights are let to a third party and notice has been served to terminate the agreement with effect from 2nd February 2017.
Development Clawback and Restrictive Covenant : The Purchaser(s) of Lots 2 and 4 will enter into an Overage Agreement of 25% for a term of 25 years from the date of completion to the benefit of the Vendor and their successors in title. The overage will be triggered by the sale with or the implementation of planning consent for any use other than agriculture, equine or forestry.
Lot 1 will be subject to a restrictive covenant limiting the use of the property to a single dwelling in single family occupation.
Lots 3 and 5 will be subject to a restrictive covenant limiting the use of the property to agricultural or equestrian uses.
Basic Payment Scheme: The land at Newbiggin Hall Farm has been registered for the Basic Payment Scheme (BPS). The Basic Payment Scheme Entitlements are included within the sale. The Vendors will use their reasonable endeavours to transfer the appropriate BPS entitlements to the Purchaser(s) upon completion in accordance with the scheme rules. The former Tenant has submitted a claim for the 2016 scheme year and will retain the 2016 payment.
Environmental Stewardship: The property is sold subject to the terms of an Entry Level Stewardship (ELS) Scheme which runs until 31st August 2018. The Purchaser(s) will be obligated to undertake the obligations of the Scheme, subject to Natural England approval. Further details are available from the Agents.
Ingoing Valuation: In addition to the purchase price and the payment for fixtures and fittings (if any), the purchaser will be required to pay for any growing crops, including cultivations, seeds, fertilisers, sprays, lime, new leys and acts of husbandry at cost or market value (whichever is the higher) and any items normally paid for at ingoing. No claim will be allowed for dilapidations or any other matters.
Easements, Wayleaves and Rights of Way: The land is sold subject to and with the benefits of all rights of way, water drainage, water courses and other easements quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all existing and proposed wayleaves and other matters registered by any competent authority subject to statute. A private right of way exists over the access track serving the farm buildings in favour of Newbiggin Hall as highlighted yellow on the site plan for Lot 4.
Boundaries : The Vendor will only sell such interest in the boundary fences, walls, ditches, hedges and other boundaries separating the property from third party properties in so far as they are owned.
Services: Newbiggin Hall Farm benefits from connections to mains water, electric and drainage.
Council Tax : Newbiggin Hall Farmhouse - Band G.
VAT: Any guide prices quoted are exclusive of
VAT. The Vendors have opted to Tax part of the property and therefore VAT may be payable on the purchase price. Further details are available from the Vendor's Agent.
Sporting Rights: The shooting rights are included in the freehold sale subject to a sporting lease which is due to terminate on 2nd February 2017.
Mineral Rights: The mineral rights are reserved from the freehold sale.
Viewings: Viewings are strictly by appointment through the selling agents Carter Jonas:
Sam Johnson (Harrogate)
T: 01423 707801
Helen Lancaster (Kendal)
T: 01539 814914
Given the potential hazards of a working farm we would ask you to be as vigilant as possible when making your inspection for your own personal safety, particularly around the farm buildings and machinery.
Vendor's Solicitor: Farrer and Co, Lincolns Inn Fields, London, WC2A 3LH
Tel: 020 3375 7364 (Contact: James Maxwell)
Local Authorities : Eden District Council, Town Hall, Penrith, Cumbria, CA11 7QF, Tel: 01768 817817.
Additional Information : An additional information pack is available to prospective purchasers. The pack provides further information on the property, including title, services, cropping and other general information.
More information from this agent
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