The Thistleton Estate The Estate comprises a diverse range of predominately agricultural assets including arable land, pasture land, woodland, farm buildings, building plots, residential property and a minerals deposit. There are a number of short and long term development opportunities which have the potential to provide a diverse revenue stream.

Lot 1 – Hooby Lodge Farm and land at Fosse Lane About 845.71 acres (342 ha)

Hooby Lodge Farm About 535.37 acres (216 ha) Subject to an Agricultural Holdings Act tenancy.

The farm comprises mainly arable land interspersed with some area of pasture and amenity woodland. There is a three bedroom farmhouse, a range of traditional stone and more modern farm buildings, stables and two manèges. The farm is let subject to the Agricultural Holdings Act 1986. An occupancy plan and additional information is available on request from the vendor’s agent.

Farmland The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes. There is also soil of the Ragdale series, a slowly permeable seasonally waterlogged clay and fine loamy over clayey soils, described as being suitable for winter cereals, stock rearing and dairying.

Land at Fosse Lane About 310.34 (125.6 ha) Available with vacant possession.

The land is approximately divided into 281.50 (113.9 ha) of arable land and 27.24 acres (11 ha) of woodland with the remainder being miscellaneous areas of tracks. The land is predominately in arable production with a large area of previous quarry workings that transect the land. This area is available with vacant possession (see minerals below). An occupancy plan and additional information is available on request from the vendor’s agent.

Farmland The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes. There is also soil of the Ragdale series, a slowly permeable seasonally waterlogged clay and fine loamy over clayey soils, described as being suitable for winter cereals, stock rearing and dairying.

Minerals There is a significant area of limestone under fields OS3668 and 2994. Heads of terms for an option with a minerals operator area at advanced stage. Consent was previously granted for mineral extraction under some of the Land at Fosse Lane. Further information is available from the vendor’s agent.

Sporting In combination with the old quarry workings, amenity woodland and strategically placed game cover the previous occupier has run an exciting game shoot.

Lot 2 – Arable and woodland west of South Witham About 142.84 acres (57.8 ha)

Approximately 113.45 acres (45.9 ha) of arable land. Approximately 29.35 acres (11.8 ha) of woodland. Vacant possession is available from Michaelmas 2023. There is a sporting licence over all of the land in Lot 2 until 2nd February 2025. This land is mostly used for arable production and is divided by amenity woodland that has mostly naturally regenerated. There is previous access into underground mines which is sealed off. This land lies within Lincolnshire and has a different planning authority to Rutland. We understand there may be some additional mineral deposits under the land. Further information is available from the vendor’s agent.

Farmland The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes. There is also soil of the Ragdale series, a slowly permeable seasonally waterlogged clay and fine loamy over clayey soils, described as being suitable for winter cereals, stock rearing and dairying.

Lot 3 – Grassland and easement/ lease area About 47.96 acres (19 ha)

Previously worked field of pasture with vacant possession. Lease/easement area let to adjoining quarry operator. The principal field, being OS6005 and 5380, is let under a farm business tenancy until September 2025. This area has been previously worked for mineral and the operator is undertaking a programme of reinstatement. Following termination of the tenancy the mineral operator has the right to enter the land to maintain the tree planting as part of the mineral restoration programme.There is a small strip of land, OS0390, which is occupied by the adjoining minerals operator. This is split between a leased area and an easement. Further information is available from the vendor’s agent.

Farmland The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes.

Lot 4 – Arable land adjoining South Witham About 14.47 acres (5 ha)

Arable land let under the Agricultural Holdings Act 1986. Long term strategic potential This single arable field adjoins the western edge of South Witham village. It is let subject to the Agricultural Holdings Act 1986. There may be some long term development potential.

Farmland The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes.

Lot 5 – Building plot at Fosse Lane About 4.5 acres (1.8 ha)

Farm building with consent for class Q conversion. There are two metal portal framed farm buildings sitting in approximately 4.5 acres of land. There is planning consent under class Q permitted development rights to convert the grainstore into residential use as per the plans set out below. The majority of the land is currently used for arable production, but may be suitable for use as an amenity paddock. The mineral rights on lot 5 are reserved to the purchaser of lot 1, however they will have no legal right to work the minerals.

Lot 6 – Arable field at South Witham About 10.38 acres (4 ha) Single field suitable for amenity uses subject to obtaining the necessary consents.

The land is classified as grade 3 by DEFRA with soils belonging to the Elmton 1 series, a shallow well drained brashy calcareous fine loamy soil over limestone described as being suitable for cereals, sugar beet and potatoes.

Lot 7 – Top Lodge Farmhouse and building plot About 3.04 acres (1.2 ha) Five bedroom farmhouse in need of modernisation. Building plot with consent for a three bedroom house.

Top Lodge Farmhouse is let on a farm business tenancy until 11th August 2023. The farmhouse requires significant modernisation. Adjacent to the farmhouse is a two storey stone building that may be suitable for conversion into residential use subject to obtaining the necessary consents.

Top Lodge Farm building plot Within the grounds of the farmhouse is a significant area of garden land. Planning permission has been granted for a three bedroom house as per the drawings below. The planning reference is 2022/1395/OUT. Further information is available from the vendor’s agent.

This property has 1068 acres of land.

Situation

The Thistleton Estate is situated on the boundary of Rutland and Lincolnshire close to the market towns of Oakham and Stamford. Access to the A1 is two miles to the east with Peterborough and Grantham providing national train links.