A block of arable land in the heart of Rutland extending to about 258.32 acres in total.

The Farmland

The land extends to approximately 258.32 acres in total. This comprises about 243.88 acres of arable land and 13.92 acres of woodland. The soil is classified as Grade 2 and 3 by DEFRA being of the Denchworth series, described as slowly permeable seasonally waterlogged clayey soils suitable for winter cereals and grassland; and the Banbury series, described as well drained brashy, coarse loamy soils over ironstone suitable for winter cereals, grassland and some root crops.

The land is currently sown with oil seed rape and winter wheat. A full cropping history is available from the vendor’s agent.

Method of sale

The Property is offered for sale as a whole by private treaty with vacant possession.

Services

There are no services currently connected to the property.

Wayleaves, easements and rights of way

The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.

There is a public footpath over the land. Further details are available from the vendor’s agent.

Basic Payment

The entitlements to the Basic Payment are included in the sale. The vendor has submitted a claim for the current scheme year and will retain the payment for this scheme year in its entirety. The vendor will use reasonable endeavours to transfer the entitlements to the purchaser as soon after completion as the transfer rules allow.

Environmental Scheme

The land is part of a mid-tier stewardship scheme which terminates on 31st December 2023. The purchaser will take over the scheme until termination. Further information is available from the vendor’s agent.

Designations

The land is in a Nitrate Vulnerable Zone (NVZ).

Holdover

Holdover may be required to permit the harvesting of all growing crops.

Ingoing valuation

In addition to the purchase price the purchaser may be required to pay for:- Growing crops and all beneficial cultivations, sub soiling, moling and acts of husbandry since the last harvest at current CAAV rates or contract rates where applicable; Seed, fertilisers, manures and sprays applied to the growing crops since the last harvest at invoice cost; All seeds, sprays, fertilisers, fuel, oil and other consumables in store at invoice cost. Enhancement of £30/ acre/ month from the date of establishment to completion. Lime and chalk applied since the last harvest at invoice cost of the materials and spreading.

Farm contracting

The land is currently farmed on a contract farming arrangement which will continue until 30th September 2020. There is a management charge due for administering this arrangement which will be payable by the purchaser on completion.

Early Entry

Early Entry may be permitted on to fields that have been harvested at the purchasers own risk following exchange of contracts. Further details are available from the vendor’s agent.

Sporting, timber and mineral rights

All sporting timber and mineral rights are included in the freehold sale, in so far as they are owned.

Local authority

Rutland County Council: 01572 722577

VAT

Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

Health and safety

Given the potential hazards of a working farm we ask you to be as vigilant as possible when making your inspection for your own personal safety, particularly around the farm buildings and machinery.

Solicitors

Maurice Turnor Gardner, Milton House, Milton Street, London EC2Y 9BH

Postcode

LE15 9DL

Viewing

Strictly by confirmed appointment with the vendor’s agents, Strutt & Parker in Stamford 01780 484040.

This property has 258.32 acres of land.

Situation

The Property is located to the south of Morcott village in Rutland. Access to the land is directly off the A47 and the B672 to the south.

Directions

From the A47 roundabout at Uppingham, take the A47 towards Peterborough and the land is on the right hand side after about 3 ½ miles.

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Other details

  • Map & Street View
Map View Street View
Ref: SFD190012

Land On South Side Of Glaston Road, Morcott Oakham LE15

Guide Price
£2,150,000

Ref: SFD190012

Land On South Side Of Glaston Road, Morcott Oakham LE15

Guide Price
£2,150,000