Lot 3 - Porters End Farm About 295.27 acres (119.48 hectares)

Situated to the south-east of Copt Hall Farm and Gibraltar Farm and approximately 3 miles north-east of the market town of Harpenden. Porters End Farm is split into two blocks with the arable land extending to approximately 275.86 acres (111.63 hectares) and the balance consisting of woodland and tracks. The northernmost block is adjacent to Gustard Wood with access from Porters End Lane extending to 166.90 acres (67.54 hectares). The southerly block is close to Mackerye End with access from Sauncery Wood Lane extending to 128.37 acres (51.95 hectares). The farm is let on an FBT that currently rolling periodically. The land is classified as Grade 3 on the Agricultural Land Classification of England and Wales with the soils being of the Batcombe series. These soils are described as being fine silty over clayey and fine loamy over clayey soils with permeable subsoils. Such soils are suitable for growing high yielding cereal crops.

General Method of Sale: The land is offered for sale by private treaty as a whole or in three lots.

Tenure: The portfolio is to be sold freehold, subject to the occupational tenancy agreements as described in these particulars.

Exchange of Contracts and Completion: A 10% deposit will be payable on exchange of contracts with the completion date to be agreed between parties.

Data Room: Further information in respect of Copt Hall, Someries, Gibraltar and Porters End Farm can be found in the data room. Please contact the vendor’s agent should you wish to access the information.

Overage: In the event that planning permission or permitted development is granted in the next 30 years for a non-agricultural use, the Buyer, or their successor in title, will pay 30% of the value of the uplift to the Seller with the benefit of consent above its existing use value, after deducting the reasonable cost of obtaining the consent. The amount will be payable once the consent is implemented, or the land or any part is sold with the benefit of consent. The overage is triggered where consent is granted during the 30 year period and is payable on the earlier of the sale of the land or relevant part or the implementation of the consent (whether that occurs during or after the expiry of the 30 year period). For the avoidance of doubt the premiss of this overage is not to be triggered in respect of planning permission specific to works to any existing building at the land as of today.

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 any other rights and obligations, easement 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 are several rights of way located across the various farms within the portfolio. There is a National Grid gas pipe that runs through part of Copt Hall Farm. Further details are with the vendor’s agent.

Sporting, Timber and Mineral Rights: All sporting and timber rights are included in the freehold sale insofar as they are owned.

Local Authority: Copt Hall Farm is located within Central Bedfordshire District Council, Priory House, Monks Walk, Chicksands, Shefford, SG17 5TQ. Gibraltar Farm is located within Dacorum Borough Council, The Forum Marlowes, Hemel Hempstead, HP1 1DN. Porters End Farm is located within North Hertfordshire District Council, Council Offices, Gernon Road, Letchworth Garden City, SG6 3JF.

Drainage: We understand that the private drainage at this property may not comply with the relevant regulations. Further information is being sought.

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.

Boundaries, Plans, Areas, Schedules and Disputes: The boundaries are based on the Ordnance Survey and are for reference only. The Purchaser(s) will be deemed to have full knowledge of the boundaries, and any error or mistake shall not annul the sale or entitle any party to compensation in respect thereof. Should any dispute arise as to the boundaries or any points arise on the general remarks and stipulations, particulars, schedules, plan or the interpretation of any of them, such questions shall be referred to the vendor’s agents whose decisions acting as expert shall be final.

Health & 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.

Solicitors: DAC Beachcroft 25 Walbrook London EC4N 8AF FAO Matthew Cox

Viewings: Strictly by appointment with Strutt & Parker

This property has 295.27 acres of land.

Situation

All of the farms within this portfolio hold a strategic position to the south and southeast of the town of Luton. The M1 motorway leads to both Copt Hall Farm and Gibraltar Farm via A1081 and provides excellent access to both farms. Porters End Farm is located closer to the town of Harpenden to the southeast of Copt Hall and Gibraltar Farm. All farms within the portfolio are within a short distance of Luton Airport Parkway station which boasts a mainline rail link to London St Pancras with an approximate journey time of 23 minutes alongside the benefit of being so close to Luton Airport.