The Farm Ladydown Farm is offered for sale as a whole or in 2 lots and offers the opportunity for the purchaser(s) to expand their current farming business or perhaps start a new venture.

The soil of Ladydown farm is classified as being freely draining loam and is classified as Grade 3 on the Land Classification maps. The land has been farmed organically for over 10 years.

The land The land being offered for sale with Lot 1 extends to about 147.13 acres (59.55 Ha), parts of which has been in arable rotation for 10+ years. The current area of arable land has been drilled with winter wheat and covers approximately 10 acres. A further 47 acres has been sown over the last 5 years with a mixture of white clover leys, legume rich grass mix and Clifton Park mix. The remaining circa 73 acres is permanent pasture, with a field of about 18 acres being enhanced with Clifton Park mix which was sown in 2010. Further details on this can be gained from the selling agents.

The land and buildings benefit from a metered mains water supply, with the main for the buildings and nearby fields entering Lot 1 by the access road to the buildings. A second main enters land adjacent to a public footpath off the B3196. There are plenty of water troughs over lot 1, supplying water to all of the fields. There is a natural spring supply which serves some of the fields in the central section.

Schemes The land has been designated as Organic with the Soil Association. It has been farmed organically for 10 years. The HLS/OELS scheme will end on 30th September 2015.

Business Payment Scheme The land has previously claimed the Entitlements for the Single Payment System. The land will be registered for the BPS payments and these Entitlements will be transferred to the purchaser(s) of Ladydown Farm following completion. An apportionment of the payment will be reserved by the sellers to relate to the amount of months the sellers were farming the land.

Herbage Agreement The land has been let out on a licence from 1st May 2015 to 29th September 2015 and will be sold subject to this agreement. The herbage agreement covers approximately 142.40 acres and copies can be made available from the selling agents.

Catchment Sensitive Farming The vendors have received some funding in 2013 for the creation of the small muck store. Further details of this can be requested from the selling agents.

This property has 180 acres of land.

Situation

Ladydown Farm is 1 mile from the village of Ugborough which offers a primary school, two inns, a church and a garage. Shopping facilities are available in South Brent, 3 miles away and the small town of Ivybridge, 5 miles away. The historic naval port of Plymouth lies about 19 miles away and offers extensive recreational, educational and cultural facilities together with a ferry link to Brittany and northern Spain. The cathedral city and county town of Exeter, about 31 miles away, offers a comprehensive range of shopping, leisure and educational facilities, together with a fine university.