Pygott & Crone are pleased to be able to offer the opportunity to purchase an attractive section of the River Glen’s Bank, extending in area to 17.68ha (43.68 acres). Available either as a whole or in three separate lots.
The Land has been permanent pasture for many years and provides the opportunity for livestock grazing, or a wildlife conservation area or subject to the necessary planning consent a log cabin or tourism site.
Location
The land is situated to the south of Bourne Road, between the village of West Pinchbeck and the market town of Bourne. The land is located; less than 1 mile from West Pinchbeck, 5 miles north west of Spalding and 6.5 miles north east of Bourne.
The Land
Extends to a total area of 17.68ha (43.68 acres) situated in a single block along the north bank of the River Glen and comprises permanent pasture and a number of wildlife ponds.
The land is bordered to the north by Bourne Road, separated from the road by a dyke and a screen of mature hedging and tress.
Access
Each lot has its own independent access directly from the Bourne Road.
There is a public footpath along the top of the bank from West Pinchbeck to Guthram Gowt.
Services
There are no services connected to the land.
Fencing
If sold in separate lots, each purchaser will be responsible for erecting and thereafter maintaining a suitable stock proof fencing between the lots.
The land is being offered for sale either as a whole or in three individual lots as follows:
Lot 1 - 5.16ha (12.74 acres) - £80,000
Lot 2 - 7.24ha (17.90 acres) - £100,000
Lot 3 - 5.28ha (13.04 acres) - £80,000
Lot 1 has the benefit of a stoned access and a cattle holding/loading corral.
Probate
The interest of the land has recently been inherited and the grant of probate is expected imminently.
Overage/Uplift Clause
The vendors will reserve an overage for 20% of the increase in value that occurs as a result of planning permission being granted for any non-agricultural, or non-equestrian, development upon the land within the next 50 years. The overage is payable one year following the grant of planning permission.
Method Of Sale
The freehold interest to the property is being offered for sale by Private Treaty. Depending upon the level of interest, the vendors and their agents reserve the right to either invite Best and Final offers or conduct a private auction to conclude the sale.
Basic Farm Payment
The Land is registered with the rpa as eligible land and the vendor has made the claim for the 2021 bps which will be retained and the buyer will indemnify the vendors for any breaches of the cross-compliance rules until 31st Dec 2021.
Fishing Rights
Spalding Fishing Club have a series of agreed access points over the bank to be able to access their fishing rights.
Fish Refuge
The Environment Agency have a fish refuge located within Lot 1, for which no rent is payable.
Viewings
Prospective purchasers wishing to view the land should make an appointment through Pygott & Crone. We ask you to be as vigilant as possible when making an inspection for your safety, particularly around livestock and water courses. Those wishing to view the land can do so at their own risk.