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Land For Sale £2,330,000
Snarestone Road, Appleby Magna, Leicestershire DE12


Description
Grade 2 arable land part subject to a wind turbine lease

Description

About 236.53 acres (95.71 hectares) of predominantly Grade 2 arable land part subject to a wind turbine lease.

Lot 1
The land at Barns Heath Farm extends to about 235.70 acres (95.38 hectares) of predominantly Grade 2 arable land. Access to the land is taken directly from the Snarestone Road. Along the north eastern side of the holding runs the River Mease which is designated as a Site of Special Scientific Interest. Included in lot 1 are areas of amenity woodland and a wildlife pond.

According to the Soil Survey of England and Wales the soils are of the Hodnet association. These soils are described as reddish fine and coarse loamy soils with slowly permeable subsoils and slight seasonal waterlogging, and are suitable for the growing of cereals, sugar beet and potatoes.

Approximately 186.53 acres of lot 1 is let on a 12 month rolling Farm Business tenancy agreement from 1st October 2016. A copy of the agreement is available from the selling agents. The occupation of the remaining land is unknown although it is believed to be under a similar Farm Business Tenancy.

Lot 2
About 0.83 acres (0.33 hectares) subject to a wind turbine lease in favour of Wind fx Ltd. The ground rent for the turbine lease is based on £20,000 per annum (rpi linked) increasing to £25,000 in year 6. The lease is on a 27 year term dating from 22nd December 2015. Rents collected will not be apportioned. A copy of the lease is available from the selling agents.

Designations
The River Mease is designated as a Site of Special Scientific Interest and a Special Area of Conservation. Buyers must satisfy themselves in regards to any restrictions this may cause to the future management of the property.
Nvz

The land is situated within a Nitrate Vulnerable Zone and will be subject to the usual restrictions.

Rights of Way, Wayleaves and Easements
The property is sold subject to and with the benefit of all wayleaves, easements and rights of way whether public or private whether mentioned or not. A right of way shall be reserved along the hard core track for access to the retained land and buildings. Should lots 1 and 2 be sold separately then a further right of way shall be reserved for the benefit of lot 2.

Boundaries
The Vendor and the Vendors agent shall do their best to specify the ownership of any boundaries but will not be bound to determine these. The Purchaser will satisfy themselves as to the ownership of any boundaries. The Purchaser of lot 1 shall be responsible for erecting a new boundary fence along part of the land to the south eastern boundary. The selling agent will provide the buyer with the os data points for this boundary.

Tenure, Method of Sale, Possession
The freehold of the property is available as a whole or in up to two lots by private treaty. The land will be sold subject to the two Farm Business Tenancies and the wind turbine lease as detailed. Please note that the property is being sold with no title guarantee.

Basic Payment Scheme
We understand that the land is registered to receive payments under the Basic Payment Scheme.

Sporting, Timber & Mineral Rights
All sporting and timber rights are included in the sale insofar as they are owned. The mineral rights are owned by a third party and are excluded from the sale.
VAT

In the event that any part of the sale is subject to VAT, this will be payable by the purchaser in addition to the purchase price.

Viewings
Viewings are strictly by appointment only through the selling agents. Viewers are not permitted to enter into the business park and only to the land outlined on the sale plan. Given the potential hazards of a working farm viewers should take extra care and precaution in regards to their personal safety when viewing the property.

Photos taken July2020. Particulars dated March 2021.

Acreage: 236.53 Acres

Follow the link for more information:
        
zoopla.co.uk

  
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