Farm land for sale

297.22 Acres, (120.28 Ha) Agricultural Land, Tealby, Lincolnshire, LN8

£1,800,000

Property Description

Full description

A rare opportunity to acquire a block of Arable land at Risby Moor, Tealby near Market Rasen. For Sale as a Whole or in 5 lots. Extending in total to approximately 120.28 Hectares (297.22 Acres)

The land is Situated on Rasen Road (B1203) approximately 3 km North East of Market Rasen. See plan

Introduction - A rare opportunity to acquire a valuable block of arable land at Risby Moor, Tealby near Market Rasen. For Sale as a Whole or in 5 lots. Extending in all to about 297.22 Acres (120.28 Ha).

The land fronts onto the B1203 from Market Rasen to Tealby and the west side of the minor road leading from Tealby to Walesby.

The Land - The land is classified Grade 3 on the Agricultural Land Classification Maps. Lots 1,2 and 3 are of the Holme Moor Series. Lot 5 is of Denchworth Association. Lot 4 is a combination of both. The soils are typically light and free working.

Basic Payment Scheme - The land is registered on the Rural Land Register and the Basic Payment is currently being claimed. The relevant number of Entitlements are included in the sale price and will be transferred to the successful purchaser. The vendor retains the right to the 2018 payment.

Cross Compliance - Purchasers will be required to ensure the terms of Cross Compliance are adhered to until the end of the current scheme year, so as not to prejudice the existing Basic Payment Scheme claim.

Land Drainage - Drainage rates are payable at a rate of 284.5 pence per Ha (2018/19).

Public Rights Of Way - A Public Bridleway traverses Lot 4.

Wayleaves And Easements - An annual wayleave payment is receivable in respect of overhead electricity transmission apparatus. The present amount is around £1,000 p.a. The actual figure to be confirmed.

An underground gas pipeline crosses Lot 4. An oil pipeline passes under Lot 5.

Access - Via Rasen Road for Lots 1,2 and 3. Lots 4 and 5 are accessed via Walesby Lane.

Sporting And Mineral Rights - These are included in the sale in so far as they are owned.

Planning - The relevant planning authority is West Lindsey District council. The farm is situated in open countryside.

Tenure And Method Of Sale - The freehold property is offered for sale by private treaty and depending on the level of interest, the Agents reserve the right to invite best and final offers.

The land is currently subject to a agricultural Tenancy. The Tenant has agreed to surrender occupation should the purchaser require vacant possession.

Tenantright - In the event of immediate vacant possession being required, the eventual purchaser will be responsible for the reimbursement of cultivation and ancillary input costs as at the date of completion. No allowance will be made for dilapidations.

Guide Price - Lot 1: £300,000
Lot 2: £300,000
Lot 3: £110,000
Lot 4: £1,000,000
Lot 5: £ 90,000

As a Whole - £1,800,000

Viewing - Viewing is by appointment with the Agents office.

Note To Purchasers - This block of land lies immediately adjoining Poplar Farm, Tealby Road, Market Rasen, a residential, agricultural holding with farmhouse and buildings, farm shop and cafe and about 94 Acres, currently for sale by private treaty. Part or whole of this unit may be of interest if further land is required to attach to Poplar Farm.

Misrepresentation Act:
Perkins, George Mawer & Co. for themselves and for the vendors or lessors of the property whose agents they are give notice that; 1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessors and do not constitute, nor constitute part of, an offer or contract; 2) all descriptions, references to conditions and necessary permissions for use and occupations and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 3) no person in the employment of Perkins George Mawer & Co. has any authority to make or give any representations or warranty whatsoever in relation to this property.


More information from this agent

Listing History

Added on Rightmove:
02 July 2018

Nearest station

  • Market Rasen (2.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Perkins, George Mawer & Co, Market Rasen

Corn Exchange Chambers, Queen Street, Market Rasen, LN8 3EH

01673 244002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Nearest station

  • Market Rasen (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Perkins, George Mawer & Co, Market Rasen

Corn Exchange Chambers, Queen Street, Market Rasen, LN8 3EH

01673 244002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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