Detached house for sale

Tathwell Grange, Tathwell, Louth, Lincolnshire, LN11

£8,500,000

Property Description

Key features

  • Highly productive grade 2 and 3 arable land
  • 5 bed period residence
  • 3 bed coach house
  • 4 bed cottage and a pair of semi detached cottages
  • Modern farm buildings
  • EPC Rating = F

Full description

665 acres of mainly grade 2 arable farmland with a 5 bedroom house and further residential and farm buildings

Location

Located just 4 miles south of the attractive market town of Louth, Tathwell Grange is well located with the benefit of both the privacy of a rural location and the convenience of living close to a thriving market town with all the services it offers. Lincoln is located around 30 miles to the south east offering all major services including railway connections. To the north, Humberside Airport and the Port of Hull offer international connections for air and ferry passengers.

Description

Tathwell Grange is available as a whole or in 2 lots. Offers in excess of £8,500,000 for the whole.

LOT 1 - 655.62 acres, range of modern farm buildings, Coach House, Tathwell Grange Cottage, pair of semi-detached cottages - offers in excess of £7,750,000.

LOT 2 - Tathwell Grange including 9.52 acres - £750,000.

The Lincolnshire Wolds Area of Outstanding Natural Beauty is renowned for high quality arable production and superb scenery and Tathwell Grange is an outstanding farm in this area. The large fields with free draining soils, modern farm buildings and private location at the end of an adopted drive make the farm an attractive commercial opportunity.

LOT 1
The Farmland
Tathwell Grange Farm comprises a total of approximately 665 acres of which around 636 acres are croppable. The Agricultural Land Classification of England and Wales shows the land as being mainly Grade 2 with the remainder falling into Grade 3 band.

The Soil Survey of England and Wales describe the land as coming mainly under Andover 1 series, which are silty soils over Chalk and described as shallow well drained calcareous silty soils over chalk on slopes and crests. Deep calcareous and non-calcareous fine silty soils in valley bottoms. Suitable for cereals, sugar beet and potatoes.

Farm Buildings
The land is well served by modern farm buildings, being centrally located on the farm and immediate access to public highway. Further ground works have been completed to the side of the most recent Grain Store 1 to enable the expansion of this building in the future.

Grainstore 1 (24.5m x 28m)
Constructed in 1996 by the Crown Estate, with electric roller shutter door, separate pedestrian access, concrete floor, and concrete panel grain walling.

Grainstore 2 (31m x 21.6m)
Split into two bays with slated timber drying floors, central air tunnel with fans at both ends, steel grain walling and roller shutter doors.

General Purpose Building (31m x 14m)
Steel frame building with brick walling, currently used as a workshop area, separate lockable spray storage and separate WC.

Coach House with Garden Area - 3 beds - EPC D

Tathwell Grange Cottage - 4 beds - EPC F

1 & 2 New Cottage - EPC D

LOT 2
Tathwell Grange - 5 beds - EPC F
9.52 acres including tree lined drive, formal lawns, further grounds and mature pond.


Tenure and Method of Sale
The farm will be sold by Private Treaty. Freehold with vacant possession subject to a holdover to remove the crops and the Assured Shorthold Tenancies on the dwellings.

Holdover
The Vendor requires holdover to clear the current crops. Vacant possession will then be given, but no later than 1st January 2017.

Ingoing Valuation
If applicable, in addition to the purchase price, the Purchaser will take over and pay for all growing crops, cultivations stocks and stores at valuation. Payment is to be made upon completion at the figure assessed by the Vendor's valuer based upon CAAV rates or contractors' rates where applicable and invoiced costs of seed, fertiliser and sprays applied plus enhancement value.

Services
The property benefits from mains water, three phase mains electricity, private drainage.

Contracts and Quotas
There are no contracts or quotas included in the sale.

Fixtures and Fittings
Only those items specifically referred to in these particulars are included in the sale.

Nitrate Vulnerable Zone
The agent believes the land to be situated within a Groundwater and Surface Water Nitrate Vulnerable Zone and is subject to the usual restrictions. The Purchaser is to satisfy themselves of this.

Boundaries
The Vendor and the Vendor's agent will do their best to specify the ownership of boundaries, hedges, fences and ditches but will not be bound to determine these. Purchasers will satisfy themselves as to the ownership of any boundaries.

Environmental Stewardship Schemes
The land was entered into an Entry Level and Higher Level Stewardship Agreement on 1/11/2006 this is due to come to an end on 31/10/2016. The Vendor will retain all payments. The ingoing Purchaser will indemnify the Vendor against any non-compliance from the date of completion until 1st November 2016.

Basic Payment Scheme
The Vendor will retain the Basic Farm Payment for 2016. The entitlements will be included in the final sale price and the Vendor will make best endeavours to transfer these to the Purchaser on completion. The ingoing Purchaser will indemnify the Vendor against any non-compliance from the date of completion until the end of 2016.

Sporting, Mineral and Timber Rights
All timber and sporting rights over the land, where owned, will be included in the sale. It is believed that the minerals have been reserved by a previous owner, therefore not included in the sale.

TUPE
No employees will be transferred with the farm under TUPE Regulations.

Disputes
Any disputes arising as to the boundaries or any point arising in the General Remarks or particulars, schedule, plan or interpretation of any questions, shall be referred to the Arbitration of the selling agents whose decision acting as experts shall be final. The Purchaser shall be deemed to have full knowledge of all boundaries and neither the Vendor nor the Vendor's agent will be responsible for defining the boundaries or ownership thereof.

Wayleaves, Covenants and Rights of Way
The property will be sold subject to and with the benefit of all existing wayleaves, easements and rights of way whether mentioned on these particulars or not. There is a right of way along the farm track to Pyewipe Farm which is located on the southern boundary.

VAT
The land has been opted for tax with a voluntary election to waive the VAT exemption and therefore VAT will be payable by the buyer in addition to the purchase price. All offers should be made excluding VAT and it will be assumed unless specifically stated otherwise that this is the basis on which offers are submitted.

Plans and Areas
Areas and schedules on the plans attached to these particulars are based on the OS National Grid and are for reference only. Purchasers must have satisfied themselves of the schedules.


Acreage: 665 Acres

Directions

As you leave Louth, take the B1520 London Road to the A16, carry on over the roundabout on the A16 London Road, turn off the first right towards Tathwell, continue onto New Lane and the farm is on the first left as you leave Tathwell.

More information from this agent

Listing History

Added on Rightmove:
16 July 2016

Nearest station

  • Market Rasen (13.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Savills, Lincoln

Olympic House, Doddington Road, Lincoln, LN6 3SE

03339 873648 Local call rate

How much will it cost me to call the number displayed on the site?

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Floorplans


To view this property or request more details, contact:

Savills, Lincoln

Olympic House, Doddington Road, Lincoln, LN6 3SE

03339 873648 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Market Rasen (13.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills, Lincoln

Olympic House, Doddington Road, Lincoln, LN6 3SE

03339 873648 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference LIR160006. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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