17.41 acres of Arable Land, Friskney

** TENDER DEADLINE NOON 8th MARCH ** The land consists of approximately 17.41 acres (7.05 ha) of productive arable land, split between two field parcels. The land is primarily classified as Grade 2, with a small area classified as Grade 1 on the Land Classification Plan of England and Wales. The land is offered for sale by informal tender as a whole only. Offers Invited Over £175,000

The land has been farmed as part of a productive arable rotation for many years and has the benefit from direct road access and a shared access track. Details of the past cropping can be found later in this brochure. The boundaries are predominantly defined by ditches and drains.

TF4757 7043 - 10.13 acres (4.10ha)
TF4857 0512 - 7.28 acres (2.95ha)

The agents have been advised that the land benefits from underdrainage, however, a copy of the draining plans are not available.

The soils primarily form part of the Wallasea 2 association, consisting of deep stoneless clayey and silty soils, which are suitable for growing a variety of cereals and root crops.

The Vendor is retaining the amenity land to the West of TF4757 7043. The vendor will retain a 4m strip from points A → B on the plan across. The physical boundary of A → B → C → D is marked by boundary pegs.

The Agents have been advised by the vendors and vendors' solicitors that the land benefits from a right of way over a made track indicated by the area shaded blue on the plan across.

Method of Sale
The land is for sale by Informal Tender.

Outgoings and Charges
The land is subject to drainage rates payable to the Witham Fourth Drainage Board at the prevailing rate and the purchaser will be responsible for the payment of drainage rates from the date of completion on a pro-rata basis.

Tenure
The land is being sold freehold with vacant possession.

Wayleaves, Easements, Covenants and Rights of Way
The land is sold subject to and with the benefit of all existing wayleaves, easements and quasi-easements and rights of way, whether mentioned in these particulars or not.

Boundaries
The buyer(s) shall be deemed to have full knowledge of all boundaries and neither the seller nor the selling agents will be responsible for defining ownership of the boundaries. A plan showing ownership according to the Land Registry is available from the Selling Agents.

VAT
It is not anticipated that VAT will be charged, however, should any sale of any part of the land or any rights attached to it become a chargeable supply for the purposes of VAT, such tax will also be payable by the purchaser(s) in addition to the contract price.

Services
Non in so far as the agents are aware.

Plans, Areas & Schedules
The schedule of areas and field numbers has been prepared within the offices of the sole agent and the information is based upon that of the Rural Payments Agency. The back cropping has been supplied by the vendor.

Basic Payment Scheme
The land is all registered with the Rural Payment Agency but the entitlements will not be included within the sale.

Planning
The property is situated within the East Lindsey LPA where the land is defined as open countryside. Any planning enquiries should be obtained prior to submitting an offer.

Conditions of Sale

1) Offers should be submitted in writing to the agents offices at Masons, Cornmarket, Louth, LN11 9QD no later than 12 noon on 8th March 2024 marked ´F.A.O Henry Simpson - Subject to Contract - Friskney Land Tender´.

2) Offers should not be made by reference to any offer by any other party.

3) The purchasers will be expected to exchange contracts as soon as possible following receipt of the draft contract from their solicitor. A 20% non-refundable deposit will be required on exchange of contracts.

4) The vendor reserves the right not to accept the highest or any offer.

5) The offer should clearly state the following:
a. The full name(s), address and telephone number of the offeror(s), and the name of any appointed Agent
b. Name, address and telephone number of the solicitor acting on behalf of the offeror(s)
c. The Lot or Lots your offer relates to.

6) The offer should be made in the full knowledge of the contents of the sales particulars.

7) Any offer dependent upon the sale of another property or a mortgage or other funding arrangements must be clearly declared.

8) Offeror(s) are advised to make their offer for an odd figure to avoid the possibility of two identical offers being received.

9) Offers must be figures certain and expressed in pounds sterling.

10) The agents will endeavour to respond to all offerer(s) within 7 days of the tender deadline.

11) The successful bidder will be required to provide copies of photo ID and proof of address for Anti-Money Laundering purposes.

Vendors Solicitor
Sophie Barwood
Wilkin Chapman LLP
Oxley House
Lincoln Way
Louth
LN11 0LS

The location of the access is ///curries.discouraged.poorly

FMLD
RUPR