A 107.7 acres (43.58 ha) parcel of arable land in a ring fenced block available in 4 lots or as a whole.
A tender date for offers has been set for the close of business on the 30th August 2019
The land comprises a single enclosure of arable land extending to 107.7 acres. Designated as Grade III, the soils belong to the Hanslope series, described as a slowly permeable calcareous clay soil, being well suited to grow a range of arable crops.
The land at Armigers Farm is situated a short distance from the hamlet of Stanbrook and close to the historic market town of Thaxted, with the larger town of Great Dunmow situated about 8 miles to the south. The land has the benefit of direct road access from the B1051, which in turn provides links with the A120 and M11.
METHOD OF SALE
The property is offered for sale by private treaty as a whole as identified on the sale plan.
TENURE & POSSESSION
The property is offered freehold, subject to the provisions of an existing Farm Business Tenancy (FBT) agreement. The original fixed term of the FBT expired on 12 September 2018 and the agreement is now running from year to year. To date, notice to quit has not been served upon or received from the Tenant. The current rent amounts to about £227 per acre per annum.
BASIC PAYMENT SCHEME
The land is registered with the Rural Payments Agency for the Basic Payment Scheme. These entitlements are available to purchase by separate negotiation. Further details on the number of entitlements are available from the Agents.
There are drainage rates payable in respect of the land. These are currently the responsibility of the Tenant in accordance with the terms of the FBT.
WAYLEAVES EASEMENTS & RIGHTS OF WAY
The land is sold subject to and with the benefit of all existing wayleaves, easements, covenants and rights of way whether or not disclosed.
if the sale is made on a vacant possession basis a separate negotiation will be required over any standing crop.
HEALTH & SAFETY
Potential purchasers are requested to take particular care when inspecting the land, wearing appropriate footwear for uneven terrain and potentially slippery surfaces and being aware of farm machinery operations which may be occurring on the land at the time of inspection.
VAT is payable where applicable at the current rates. The purchaser will not be entitled to make any counter claim for dilapidations or any other matters.
SPORTING, TIMBER & MINERAL RIGHTS
All sporting, timber and mineral rights available will be sold with the land.
Viewings are strictly by appointment with the agent. For further information, please contact Jack Cook or Mark Russell at Carter Jonas Cambridge, on 01223 346600.
The postal code for neighbouring properties is CM6 2NN.