Kerswell Green, Kempsey, Worcester, Worcestershire, WR5

About 62 acres of arable and pasture

Description

LOT 1C – 62.06 ACRES
Located north and accessed through the farmyard, Lot 1C comprises an arable field extending to approximately 23.76 acres, permanent pasture extending to approximately 37.04 acres and 1.26 acres of woodland.

The land forms part of Park Farm which is available as a whole or in four lots.

Park Farm is an attractive residential mixed farm situated south of Worcester, extending to approximately 543 acres. Featuring Pirton Park and Pirton Pool, designed by Capability Brown in the 17th Century, the farm is formerly part of the Croome Estate.

Location

The farm is situated between the villages of Kerswell Green and Pirton, south-east of the City of Worcester.




Acreage: 62 Acres

Directions

Nearest Postcode:
WR5 3PD

Additional Info

Park Farm has a long history dating back to its time as part of the Croome Estate, home to the Coventry family until 1948.
Method of Sale and Tenure: The freehold of Park Farm is offered for sale by private treaty, with vacant possession on completion. The farm is currently subject to an Agricultural Holdings Act (AHA) tenancy and Farm Business Tenancy with a term date of 29 September 2026.
There are a number of trees affected by TPOs – a plan is available from the Agent.
Overage / Uplift Agreement: The property, other than the dwellings, domestic curtilage and the farm buildings which are excluded, is sold subject to an overage / uplift agreement whereby the Vendor will receive 30% of any uplift in value or renewables income arising from the implementation (or sale with the benefit) of planning permission for any non-agricultural or non-equestrian use of property for a period of 30 years from the date of sale. The overage on income (in excess of the agricultural rental level) from a renewables lease will run for 30 years (and a minimum period of 10 years if granted after year 20).
VAT: An election was made to waive the VAT exemption on the farm and VAT may be payable on the purchase price. The Vendor has the ability to revoke the waiver for VAT exemption and buyers are advised to seek independent advice.
Cropping Licence: The farm is sold subject to a cropping licence to the outgoing tenant until 31st October 2026 for the harvesting of crops.
Wayleaves, easements and rights of way: There are a number across the farm - please contact the agent for further information.