Land at Floriston Hall, Wixoe, Stoke-by-Clare, Sudbury, CO10

LOCATION
The land is located on the edge of Wixoe, approximately 9 miles south-east of Haverhill and 12 miles north of Halstead.

DESCRIPTION
The property extends to approximately 36 hectares (88.87 acres) of productive, Grade 2, arable land.

The rolling topography has a southerly and easterly aspect and provides a ringfenced block which is easily workable. The soils are of the Hanslope Soil Association, providing slowly permeable clay soils-suitable for growing cereals and other arable crops.

The land has been managed on a standard cereal rotation using traditional methods of cultivation.

RURAL PAYMENTS AGENCY-ENVIRONMENTAL STEWARDSHIP
The land is registered with the RPA and was previously used for activating Entitlements. There is currently no agri-environmental schemes active on the property.

ACCESS
Access is off Boyton End Lane, to the east, with a culverted ditch leading into the north-east corner of the field.

HOLDOVER
The seller will retain a right of holdover until harvest 2025.

OVERAGE
The land is subject to an Overage in favour of a previous owner. The terms reserve an uplift of 50% of the enhanced value resulting from any form of development for a period expiring in 2084. Further details of the Overage terms are available from the agent. No new Overage, or other covenant/restriction, will be applied on this sale.

TENURE
Vacant possession will be given on completion, subject to the right of holdover reserved for the seller.

VAT
The seller has not elected to register the property for VAT and no VAT will be chargeable on the sale price.

LOCAL AUTHORITY
West Suffolk Council
Haverhill House
Lower Downs Slade
Haverhill
Suffolk, CB9 9EE
Tel:

TERMS
Offers in the region of £800,000 are invited for the freehold interest in the whole.