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Farm land for sale

Meadow Road, Narborough

Removed £307,000

Property Description

Full description

Tenure: Freehold

Description:
The sale comprises 56.86 acres (23.01 hectares) of land for sale as a whole or 4 lots as follows;

Lot 1: 24.69 ac (9.99 ha) of grassland known as River Meadow (Pictured Front) immediately adjoining the River Nar. Adjoining River Meadow is 21.05 acres (8.52 hectares) of arable land known as Horse Pasture, this is currently laid to grass as it has previously been part of a HLS scheme under an Arable reversion option.

Lot 2: 5.73 ac (2.32 ha) of land fenced in a single parcel known as Grange Meadow. This has historically formed part of a HLS scheme as Wild Bird Seed Mixture however it would also be suitable for paddock land. SOLD STC

Lot 3: 2.25 ac (0.91 ha) of grassland fenced in a single parcel known as Bungalow Field (Pictured Right Pg. 3).SOLD STC

Lot 4: 3.14 ac (1.27 ha) of grassland fenced in a single parcel known as Allotment Meadows (Pictured Left Pg. 3). SOLD

All of the land is currently used for grazing horses and livestock.

Location & Directions:
The land is located on the west boundary of the village of Narborough in Norfolk. From the A47 heading Eastbound take the right turn into Narborough on Main Road. In Narborough take the right hand turn onto Chalk Lane and then immediately right again onto Deny´s Walk. Follow Denny´s Walk and take the right hand turn infront onto Meadow Road. The entrance is located approximately 250m up Meadow Road on the right.

Terms of Sale:
The property is initially offered for sale by Private Treaty as a whole. The Vendor and his Agent reserve the right to invite best and final offers and/or conduct a private auction within a pre-determined timescale if required.

Tenure & Possession:
The land is subject to a Farm Business Tenancy which will be surrendered on completion.

Access:
All of the land is accessed via the access track as shaded brown on the attached plan. If sold as separate lots the access track will be included with Lot 1 and will grant an unconditional right of access to the purchasers of Lots 2,3 & 4.

Basic Payment Scheme:
The land is registered as eligible for the basic payment scheme. Entitlements are not included within the sale but are available by separate negotiation.

Health & 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 personal safety, particularly around farm machinery. We request that viewers are not accompanied by either children or dogs for their own safety.

Services:
All of the land was originally purchased with the benefit of an obligation by the vendors to provide between 2,000,000 and 3,500,000 gallons of summer water each year from their existing borehole for irrigation purposes. These same land parcels were included in the original vendors´ abstraction license and come with an obligation for this vendor to continue to supply the water as needed above.

All of the field parcels have water troughs with a water supply from the vendors retained land. A right to use this water will be granted for 12 months following the sale to allow time for the purchaser to arrange their own connection.

Drainage Rates:
General drainage rates are payable in respect of the land.

Development Covenant/Overage:
Lot 1 is not subject to any covenants or overage clauses. Lots 2, 3 & 4 are subject to the following;

The vendor retains 50% of any increase in value above the existing value on the total property for any non agricultural development/use carried out on the land for a period of 25 years with the exception of equestrian use.

The purchaser to bind the successors in title. The trigger to be commencement of development or sale of the land, with the benefit of such consent at market value.

Ingoing Valuation:
There will be no Tenant Right Valuation (as though between an incoming and outgoing tenant) in respect of unexhausted nor residual manurial values neither shall there be any allowance or set off in respect of dilapidations, if any.

Viewing:
Strictly by prior appointment with the Vendor´s Agent, Cruso & Wilkin, tel. 01553 691691. All viewings to be conducted during daylight hours only, on foot, with a copy of these particulars in hand.

Schedule of Areas:
Lot Name RLR Field No Area (Ha) Area (Ac)
1 River Meadow & Horse Pasture TF7312 9699
TF7412 2476 9.99
8.52 24.69
21.05
2 Grange Meadow TF7412 2059 2.32 5.73
3 Bungalow TF7412 4476 0.91 2.25
4 Allotments TF7412 3866 1.27 3.14
Total 56.86 23.01
Sporting, Timber & Mineral Rights:
These rights insofar as they are relevant and are owned and included in the freehold subject to statutory exclusion.

Nitrate Vulnerable Zones:
The land falls within a surface water nitrate vulnerable zone.

Wayleaves, Easements & Rights of Way:
The property is offered, subject to and with the benefit of all existing rights of way whether public or private light support drainage or water electricity supplies and other rights and obligations easements quasi-easements and restrictive covenants and all existing and proposed wayleaves, poles, masts, pylons, stays, cables, drains, water, gas and other pipes whether referred to herein or not.

A public footpath runs along the boundary between Bungalow field and Horse Pasture, continuing through the hedge and then following the boundary between Grange Meadow and Allotment field. a footpath also runs along the edge of the River Nar.

A right of way across Horse Pasture has been granted to the current occupier for access to land not included in the sale, this right of way will stay with the land.

Local Authorities:
Borough Council of King´s Lynn & West Norfolk: Kings Court, Chapel Street, King´s Lynn, Norfolk PE30 1EX. Tel. 01553 616200

Norfolk County Council; County Hall, Martineau Lane, Norwich, Norfolk NR1 2DH. Tel. 0344 800 8020

Town & Country Planning:
The property is offered subject to any existing Development Plan, Tree Preservation Order, Ancient Monument, Town Planning Schedule, or Resolution which may be or may come into force.

The Purchasers will be deemed to have full knowledge and have satisfied themselves as to the provisions of any such matters affecting the property.

Boundaries, Plans, Areas Schedules & Disputes:
The Purchaser will be deemed to have full knowledge of the boundaries and areas and any mistake or error shall not annul the sale or entitle any party to compensation in respect thereof.

Should any dispute arise as to the boundaries or any points arise on the general remarks, stipulations, particulars, schedule, plan or the interpretation of any of them, questions shall be referred to the selling Agents whose decision acting as experts shall be final.

Value Added Tax:
Should the sale of this property, or any rights attached to it, become chargeable to Value Added Tax, then the tax at the prevailing rate will be payable by the Purchaser in addition to the contract price.



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Listing History

Added on Rightmove:
06 September 2016

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