3.32 Acres Grassland - South Somercotes, Louth

PGM&CO are pleased to offer this unique opportunity to purchase 3.32 acres of grassland on the edge of the village of South Somercotes. The land is offered for sale by Informal Tender. Deadline: 12 noon, Friday 21st August 2026.

Location - South Somercotes is a popular village on the Lincolnshire Coast. The village is located centrally between Mablethorpe being 11 miles to the south and Cleethorpes 15 miles to the north. In close proximity is North Somercotes offering a range of coastal amenities and attractions, including public houses and various eateries, as well as convenience stores and a post office. There is also a local primary school and local secondary school, the property is in the catchment area for Louth grammar school.

Description - The land is laid to permanent pasture, and has most recent been cut for hay. It benefits from direct highway access and generous frontage on to Billingsgate. The boundaries are predominantly formed of drains/ditches.

The Agricultural Land Classification Map for the East Midlands Region classify the land at Grade 3. Landis Soilscapes describe the soils as loamy and clayey, with heavier areas being most suited to grass.

With easy access and quiet rural location on the edge of the village, the land offers agricultural use, in addition to great potential for a range of amenity uses and is well suited to equestrian possibilities (stp).

Services - There are no mains services connected to the land. They are believed to be in the vicinity, prospective purchasers should make their own enquiries in this regard.

Overage - The Land will be subject to an overage clause for a period of 25 years from the date of completion. The overage will be 30% in any uplift in value from its existing use.

Outgoings - General Drainage Rate Charges are payable to Lindsey Marsh Drainage Board,

Rights Of Way, Easements & Wayleaves - The land is offered for sale subject to all existing rights and with the benefit of existing rights of way whether public or private, light, support, drainage, water, and electricity supplies and other rights, easements and wayleaves whether referred to or not in these particulars.

Designations - The land lies in a Nitrate Vulnerable Zone (NVZ).

Plans & Areas - These have been prepared as carefully as possible. They are for identification purposes only and although are believed to be correct their accuracy cannot be guaranteed.

Boundaries - The Buyer(s) shall be deemed to have full knowledge of all boundaries and neither the Seller(s) nor the Selling Agent will be responsible for deriving the boundaries or their ownership.

Lr Title - The Land is registered with HM Land Registry under Title Number: LL223578.

Rural Payments/Subsidy Schemes - There are no Entitlements included in the sale. Any delinked payments will be retained by the Seller. The land has not been entered into any Environmental Stewardship or ELM Schemes, offering the purchaser the flexibility of formulating their own scheme.

Tenure And Possession - The property is Freehold. Vacant possession will be granted on completion.

Method Of Sale - The property is offered for sale by Informal Tender as a whole. Offers should be sent in writing, on the attached Tender Form, to PGM&CO., Corn Exchange Chambers, Queen Street, Market Rasen, Lincs LN8 3EH in a sealed envelope marked ‘South Somercotes’ or via email to - by no later than 12-noon on Friday 21st August 2026.

Buyer Identity Check - Purchasers will be required to provide the necessary identification for the purposes of the anti-money laundering regulations.

Viewing - The land can be viewed at any time during daylight hours but it is advised that interest is registered with the Selling Agent to enable full access.

Selling Agent - PGM&CO (Market Rasen)
Ref: Elton Moulds / Molly Williams
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