TR2

Detailed Description

The land extends to approximately 11.5 acres (4.65 hectares) of pasture land with road access. The Landlord may consider arable, equine, and other amenity uses, subject to contract. Arable use would be considered in field parcels: 476, 474, 442, 407, as per the attached plan.

The majority of the land is classified as being predominantly Grade 3 on DEFRA's Agricultural Land Classification Map. A plan of the holding is attached to these particulars. The land benefits from a Right of Way (coloured green on the plan) across adjacent woodland.

RENT - Offers invited. The guide rent of £1pcm is not an indicative guide of the rental value.

ASSIGNMENT - The tenant will not be permitted to assign, underlet or part with possession of the whole or any part of the interest, without written consent from the Landlord.

SPORTING RIGHTS - All sporting rights are reserved by the Landlord.

WAYLEAVES, EASEMENTS AND RESERVATIONS - The property is let subject to, and with the benefit of, all existing wayleaves, easements and rights of way whether public or private, specifically mentioned or not

REPAIRING AND INSURING OBLIGATIONS - The Tenant will be responsible to put and maintain the land (in particular trimming hedges, repair of gates/fences, all field cultivations) and for insuring their own stock.

IMPROVEMENTS - In the event of the incoming Tenant wishing to carry out improvements at their own expense the Landlord's written permission will be required. The conditions of such permission being a matter of discussion at the time.

APPLICATION & TENDER - Tenders are to be submitted on the approved form and are to arrive no later than 12 noon on Friday 13th June 2025 at:
Sophie Goodwin BSc (Hons) MSc
Savills (UK) Ltd
73 Lemon Street
Truro
TR1 2PN
Or emailed to sophie.

After receiving tenders a shortlist of applicants will be drawn up and all applicants informed whether or not their names are shortlisted. .

The shortlisted applicants may be visited on their present holding by the Landlord's agent on a date to be determined, following which reference will be taken up as necessary and a decision will then be made as to the successful applicant. The applicants will be informed of the decision as soon as possible and will then be required to sign the tenancy agreement within 14 days of acceptance.

VAT - No VAT is currently payable on the rent but the Landlord reserves the right to charge VAT should the option to tax be elected.

COSTS - The ingoing tenant will contribute £750+ VAT towards the Landlord's cost of drafting the tenancy agreement.


Tenancy

A new 2 year Farm Business Tenancy commencing on 30th June 2025.

The holding is being offered subject to contract on a new 2 year fixed term Farm Business Tenancy, commencing from 30th June 2025.

There will be a Break Clause operable by the Landlord on 1months written notice at any time.

The tendered rent will be reviewable in accordance with the Agricultural Tenancies Act 1995. The rent will be payable in equal instalments on every other English quarter day. The Landlord reserves the right to vary the area of land prior to the signing of the Tenancy, subject to a pro-rata adjustment in the tendered rent.

A draft of the proposed Tenancy Agreement and plans will be available (subject to contract) for inspection from the agents.

Applicants for the tenancy shall be deemed to have read and accepted the terms of the proposed Tenancy Agreement and the successful applicant will be required to sign formal Heads of Terms within 14 days of acceptance of their tender and the Tenancy Agreement prior to entry.


Services

There are no services to the land.

Viewing

Please contact Sophie Goodwin to discuss your interest.

Location

The land is located in Creed close to Grampound between Truro and St Austell.