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Eldernell Lane, Coates

£1,000,000 | Sold STC

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  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates
  • Eldernell Lane, Coates

Full Details:

A compact small Farm with Farm Yard and Buildings extending, in total, to 110.590 Acres (44.753 Hectares) (more or less) which Maxey Grounds LLP are favoured with instructions to offer For Sale by private treaty as a Whole with the benefit of Vacant Possession upon completion. Guide Price £1,000,000.

BACKGROUND
The Beaton Family has farmed at Flint’s Farm for almost 100 years and the farm comes onto the market as a result of the recent death of the late Mr Derrick Beaton, bringing to an end the family farming business of Messrs G & D Beaton.

SITUATION
The land comprises a block of 6 fields abutting Eldernell Lane, Coates with a further access from Wisbech Road, and lies approximately 2 miles east of Whittlesey.

METHOD OF SALE
The land is offered For Sale by Private Treaty as a Whole and prospective Purchasers are invited to make contact with Maxey Grounds to discuss their interest at an early date.

EXCHANGE OF CONTRACTS AND COMPLETION
Exchange of contracts will take place 21 days after receipt by the Purchaser's Solicitor of the draft contract, with completion as soon as possible thereafter.

The land is registered under Title Number CB349735.

YARD & BUILDINGS
There is a substantial area of yard and concrete sugar beet pad. The buildings briefly comprise a Machinery Store, General Purpose Store, two Machinery Stores, Barn, Corn Bins and a Portacabin Office.

SCHEDULE OF LAND
RLR Field Number (Sheet TL3298)
Field 0127: 14.110 Acres (5.710 Hectares)
Field 1947: 25.630 Acres (10.371 Hectares)
Field 6238: 18.890 Acres (7.645 Hectares)
Field 4923: 18.160 Acres (7.350 Hectares)
Field 0975: 1.730 Acres (0.700 Hectares)
Field 2969: 30.570 Acres (12.370 Hectares)
Yard: 1.500 Acres (0.607 Hectares)
Total Area: 110.590 Acres (44.753 Hectares)

LAND AND SOIL CLASSIFICATION
The land is classified as Grade 2 on the Agricultural Land Classification Map of England and Wales Sheet 134. The soil is shown on the Soil Survey of England & Wales (Sheet 4 - Soils of Eastern England) as belonging to two Soil Associations, the Downholland 1 Soil Association, which is described as deep stoneless humose clayey soils, calcareous in places, some peat soils and deep humose calcareous silty soils, suitable for growing cereals, sugar beet, potatoes and field vegetables, and the Waterstock Soil Association, which is described as deep permeable mainly fine loamy soils.

POSSESSION
Vacant Possession upon completion of the purchase.

TENANT RIGHT
All unexhausted manurial values and lime residues are included in the Sale. No claim for dilapidations, if any, shall be made by the Purchaser against the Vendor.

NITRATE VULNERABLE ZONE
The land lies within a Nitrate Vulnerable Zone.

BASIC PAYMENT SCHEME
The land has been registered with the Rural Payments Agency under the Basic Payment Scheme and Entitlements have been established and claimed. It is intended that 43.00 Hectares of Entitlements will be transferred to the Purchaser (or his nominee) following completion of the Sale.

Messrs G & D Beaton will retain all payments in respect of the 2017 claim year and the Purchaser will be required to indemnify them in respect of all cross compliance matters up to 31st December 2017.

COUNTRYSIDE STEWARDSHIP SCHEME
The land is not in any Stewardship Scheme.

UNDERDRAINAGE
Some of the land has been underdrained in the past and plans may be available.

SERVICES
It is understood the yard has a mains electricity connection and a mains water connection.

OUTGOINGS
Such are the outgoings, as are known, are mentioned in these Particulars, but no guarantee is given that the amounts stated are accurate or that all outgoings appear.

All of the land falls within the Middle Level Commissioners and Whittlesey and District Internal Drainage Board and the rates for 2017/18 are £947.70 and £750.24 respectively.

OVERAGE CLAUSE
All of the farm yard and buildings and the frontage onto Eldernell Lane will be sold subject to a development uplift clause such that the Vendors, and their successors in title, reserve 25% of the increased value for a period of 25 years, should planning permission for development or permitted development be granted. For further details, contact the Agent.

SPORTING RIGHTS
The Sporting Rights are included in the Sale.

MINERAL RIGHTS
The minerals, so far as they are owned, are included in the Sale.

BOUNDARIES
The Vendor will not be bound to determine the ownership of boundaries. The Purchaser must satisfy themselves as to the ownership of the boundaries.

RIGHTS OF WAY AND EASEMENTS
The land is offered For Sale with the benefit of, and subject to, all rights of way, water and other rights and to all the easements and wayleaves for electric cables, wires, pylons, stays and transformers (if any), also all telephone poles and wires at present erected on or passing over or under the land to all agreements or pending arrangements in regard thereto.

There is the benefit of a right of way over the neighbouring roadway to the north of the farmyard, subject to a maintenance contribution.

There is an easement in favour of a neighbouring property relating to an underground water supply pipe in the yard.

Annual wayleave payments are made in respect of some poles and 2 pylons on the land.

An underground gas main crosses the land.

VALUE ADDED TAX
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property, or part of the property, becomes chargeable, VAT will be payable by the Purchaser, in addition to the purchase price.

PARTICULARS
The Particulars were prepared in October 2017.

VIEWING
Interested parties are invited to contact the Agents to make an appointment to view the farm.

FURTHER INFORMATION
Please contact the Agricultural Department at Maxey Grounds, 20-24 Market Place, March PE15 9JH. Telephone 01354 602030. Email spollard@maxeygrounds.co.uk.