House For Sale Swayne Close, Lincoln, LN2

£1,800,000

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Last Updated: 26th April 2024

Description

Cliff Farm offers a rare opportunity to purchase 180 Acres of Grade 2, free-draining, productive limestone cliff land. The land extends to 72.83 hectares (180 acres) and is divided into 2 lots by the A15.
For Sale as a Whole or in Two Lots by Informal Tender. Offers by 12noon on Friday 31st May 2024.

Location - Cliff farm is located about 8 miles north of the City of Lincoln with access east and west off the A15. The land is located to the west of the village of Hackthorn.

The land is divided into 2 blocks either side of the A15 and extends in total to 180 Acres. Lot 1 amounts to 99 Acres and Lot 2 81 Acres or thereabouts.

Method Of Sale - The land is offered for sale by Informal Tender as a whole or in 2 lots. Interested parties are invited to submit their offers on the attached Tender Form in a sealed envelope marked ‘Cliff Farm, Hackthorn’ by 12 noon on Friday 31st May 2024 to PGM & Co, Corn Exchange Chambers, Queen Street, Market Rasen, Lincolnshire, LN8 3EH.

Tenure & Possession - The Land is offered for sale Freehold with Vacant Possession on completion subject to holdover of the growing crops.

The property is registered under Land Registry Title Number LL320532.

Mineral, timber and shooting rights are all included with the Freehold in so far as they are owned, subject to any statutory exclusions.

Land - The land is in an arable rotation and extends to approximately 72.83 Hectares (180 Acres) in 6 fields. It is classified as Grade 2 on the Agricultural Land Classification Maps. The land is free-draining and falls within the Elmton 1 Soil Association which is described as Jurassic limestone and some clay with fine loamy soils over limestone with suitable cropping to include cereals, sugar beet and potatoes. There is a concrete pad in Lot 1. The land is within a Nitrate Vulnerable Zone.

Holdover/Early Entry - The land is currently let under an Agricultural Holding Act 1986 Tenancy which will end on completion of the sale whereupon vacant possession will be granted. Holdover will be granted to allow the current tenant to harvest the growing crop.

Wayleaves/Easements And Rights Of Way - The land is offered for sale subject to all existing rights, subject to and with the benefit of existing rights of way whether public or private, light, support, drainage, water and electricity supplies and other rights, easements and wayleaves whether referred to or not in these particulars. An electricity wayleave crosses Lot 1.

Landing Lights - Lot 1 was subject to a lease with the Defence Infrastructure Organisation (DIO) in relation to the landing lights for RAF Scampton. The lease was terminated in June 2023 and it is understood that the lights will be removed by the DIO. Further details are available from the Agent.

Boundaries - The buyer(s) shall be deemed to have full knowledge of all boundaries and neither the Seller, nor the Seller’s Agent will be responsible for defining the boundaries or their ownership.

Outgoings - A general drainage charge is payable to the Environment Agency in relation to the Agricultural Land.

Services - There are no mains services connected. Buyers should make their own enquires as to services in the vicinity. There are no irrigation rights included with the sale.

Grant & Subsidy Schemes - The agricultural land has been included in claims for the Basic Payment Scheme. The delinked payments will be retained by the outgoing tenant and are not included in the freehold sale. The land is not currently entered into any environmental scheme.

Vat - It is understood that none of the land is elected for VAT.

Local Planning Authority - West Lindsey District Council, Guildhall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA Tel:

Buyer Identity Check - Prospective buyers will be required to provide the necessary identification for the purposes of the Anti-Money Laundering Regulations.

Plans & Areas - These have been prepared as carefully as possible. The plans and photographs are for illustrative purposes only and although they are believed to be correct their accuracy cannot be guaranteed. The photographs were taken in April 2024.

Viewing - The land can be viewed at any time during daylight hours but it is advised that interest is registered with the Seller’s Agent to enable full access.

Seller’S Solicitors - Wilkin Chapman Solicitors, The Maltings, 11-15 Brayford Wharf East, Lincoln, LN5 7AY. T: E: roly.

Seller’S Agent - Perkins George Mawer & Co, Corn Exchange Chambers, Queen Street, Market Rasen, Lincolnshire, LN8 3EH. T: E:
Agent Details
Perkins, George Mawer & Co
Corn Exchange Chambers, Queen Street, Market Rasen, LN8 3EH
Show Contact Number
01673 843 011

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