Land for sale

Braceborough, Stamford

Under Offer £181,000

Property Description

Full description

The Wilderness (circa 8.6 acres) and adjacent agricultural field (circa 10.6 acres). Thus circa 19.2 acres.


• LOT (3): The Wilderness (circa 8.6 acres) and adjacent agricultural field (circa 10.6 acres). Thus circa 19.2 acres. Guide Price: approx. £181,100)

• LOT (1): The Wilderness Woodland – circa 8.6 acres.
Guide Price: £7,500 per acre (approx. £64,500)

• LOT (2): An adjacent agricultural field of circa 10.6 acres.
Guide Price: about £11,000 per acre (approx. £116,600)

• The Sporting rights are included

• Additional acres of agricultural land in the Spa Lodge area may be available.

• Situated on the outskirts of the delightful Lincolnshire village of Braceborough

• Situated about 7 miles from the historic town of Stamford

GENERAL

It is a truth universally acknowledged that a man, or woman, in possession of a good fortune is in need of their own natural woodland (and proximate agricultural field)
Thus, the Wilderness wood (approx. 8.6 acres) and the adjacent field (approx.10 acres) are offered for sale, and provide a delightful sanctuary, thereby ameliorating the tribulations of modern life.
This harmonious combination of woodland and agricultural land enjoys excellent access, via a private road that itself leads to a small public road. The beauty of a natural, unspoilt piece of woodland is best appreciated by an actual site visit, and such a visit can easily be arranged (please see below). The “Wilderness”, as its name implies, harbours a range of natural plants: and a variety of animal species are also present.
The agricultural land is part of an active farm and is thought to enjoy Grade III classification. The land is suitable for a variety of agricultural uses, including growing crops, such as wheat, barley, oilseed, oats and beans, and including the grazing of sheep, and cattle.

SPORTING RIGHTS / OPPORTUNITY TO FARM FOR PROFIT

The sporting rights are included in the sale, and this parcel of land may have some (at present unknown) sporting potential. In addition, this small rural jewel provides an opportunity to enjoy the countryside. There is, of course, also some opportunity to farm for profit, and to manage the woodland in a commercial manner.

ADDITIONAL LAND

Areas of land of circa 5 / 10 / or 20 acres are available elsewhere on the Braceborough Estate. All land areas are offered with vacant possession.

INHERITANCE TAX

Inheritance Tax (IHT) is a complex matter, and no tax advice is offered. However, one attractive aspect of land of this nature is that if managed in the manner designated by the tax authority, the land is likely at present to be free of all inheritance taxes, and the land may also enjoy other tax benefits. This theory has never been tested, but it is an idea - at present merely an idea - that any purchaser of the Wilderness and of the adjacent agricultural land might explore.

As mentioned the taxation aspects of agricultural land / woodland assets, are all complex. A qualified local accountant, who is familiar with the Braceborough Estate, is prepared to give prospective purchasers a consultation of less than an hour (at his offices) free of charge. Neither the owner of the Wilderness and adjacent agricultural land nor the managing agents (OHL Limited) are recommending the above local accountant, and no liability of any kind attaches to this introduction (to Nick Barks, FCCA - Bulley Davey, 4 Cyrus Way, Cygnet Park, Hampton, Peterborough, PE7 8HP, 01733 569494, Email: nick.barks@bulleydavey.co.uk ). These caveats should be noted. The Wilderness and adjacent agricultural land might provide an opportunity for a tax efficient intergenerational transfer of a rural property which also enjoys certain intrinsic tax advantages. For the sake of clarity, the seller and OHL Limited offer no taxation advice of any kind.

RESTRICTIVE COVENANT

Prospective purchasers must be aware that a restrictive covenant will be imposed preventing development of both houses and of commercial buildings. However, provision will be made permitting the construction of two agricultural buildings and one woodland building. Prospective purchasers should note that there are no planning permissions in place, and no warranty is given that the construction of buildings of any kind will be permitted. In any such respects purchasers proceed at their own risk.

BRACEBOROUGH

The village is one of sequestered charm, enhanced by several thatched cottages and a mix of the old and the new. Braceborough was mentioned in the Great Domesday Book 1086. It has had several spellings during the centuries such as Braseborg, Breseburc & Breseburg. Borg meant ‘a fortified place’ but it is uncertain as the true meaning of the Brase but it could be ‘bold’, therefore the village could mean ‘a fortified place of the bold ones’. Braceborough was once known as Braceborough Spa, a secluded place of mineral springs visited by Victorian health addicts seeking a cure of their various illnesses, both real and imagined. The famous Dr Willis treated King George III here for his madness.

NEARBY HISTORIC MARKET TOWN OF STAMFORD

Stamford is a bustling, prosperous market town with a wide range of shops, hostelries and attractions. Proclaimed by Sir Walter Scott as “the finest stone town in England”, Stamford was declared a conservation area in 1967. It has over 600 listed buildings of mellow limestone in the town centre including five medieval churches.

Stamford has a fascinating history and escaped relatively unscathed despite Oliver Cromwells siege of Burghley House (one of the most impressive Elizabethan houses in England) and the visit of the fugitive King Charles in May 1643. After the restoration of 1660, the town recovered as improvement to the Great North Road encouraged road trade and the river was made navigable again by a canal. The consistency and quality of the houses and exceptional streetscapes encouraged the BBC to film 'Middlemarch' in the town and the 2005 film Pride & Prejudice. It is regularly a finalist in The Sunday Times “The best places to live in Britain” survey.

VIEWINGS

Viewing is by strict appointment through the selling agents, Fisher German LLP, Tel. no. 01858 410200, and email harborough@fishergerman.co.uk. OHL Ltd are not the selling agents for the two lots but are advisors to the owner on farming and woodland management).


More information from this agent

Listing History

Added on Rightmove:
19 July 2018

Nearest station

  • Stamford (5.6 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:

Fisher German LLP, Market Harborough

40 High Street, Market Harborough, LE16 7NX

01858 790101 Local call rate

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Nearest station

  • Stamford (5.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fisher German LLP, Market Harborough

40 High Street, Market Harborough, LE16 7NX

01858 790101 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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