Folkingham Road, Billingborough, Sleaford

The Land
The letting comprises of a single enclosure of productive arable land that was classified by MAFF as being Grade 3.

The soils are of the Aswarby Series being shallow, permeable, calcareous, fine, loamy soils suitable for the production of cereals, sugar beet and potatoes. Access is obtained from Folkingham Road which forms the southern boundary.

Cropping
A Schedule can be obtained from our Grantham office.

Tenancy
The land is to be let for a fixed term of five years commencing on 11th October 2022.

A draft copy of the tenancy is available from the agents office.

Rental
The rental will be paid annually in advance by Standing Order on 11th October in each year.

The interval between rent reviews will be no less than three years and will be in accordance with Part II of the Agricultural Tenancies Act 1995, being the open market.

Tenantright
There will be no claim by the outgoer for tenantright matters and neither will there be a claim by the landlord for dilapidations.

Basic Payment Scheme
Subject to the successful applicant qualifying for payments under the Basic Payment Scheme the landlords will include three entitlements in the letting.

Viewing
Viewing may be undertaken on foot at any reasonable time of day during daylight hours by persons in possession of these sale particulars.

We remind those inspecting the land that it is part of a working farm and there is the possibility that agricultural machinery will be at work and crop protection products apply to the land.

Plans
The plans attached to these letting particulars are for identification purposes only.
Tender

1) The tender must be submitted by completing the attached form and returning it to:

Escritt Barrell Golding, 24 St. Peter's Hill, Grantham, Lincs., NG31 6QF by no later
than 12 Noon on Friday, 8th July 2022.

PLEASE MARK THE ENVELOPE ON THE FRONT LEFT SIDE "BILLINGBOROUGH".

2) The landlord reserves the right not to accept the highest or any tender.

3) The tender will be for a fixed sum which we recommend is an odd figure in order to avoid
identical bids.