Land For Sale £895,000
Location
The land lies in an attractive rural location within the desirable village of Braiseworth in north Suffolk. Braiseworth is a small rural village located approximately two miles south of the historic town of Eye. Eye provides an excellent range of independent local shops and The Queen's Head public house.
Just a mile and a half away is the village of Thorndon, which is home to a primary school, village hall, All Saints Church, a community shop and The Black Horse public house.
There are further facilities in Diss, which is approximately eight miles from the property. Diss has direct rail services to both Norwich (17 minutes) and London's Liverpool Street station (1 hour 20 minutes). The western end of the arable land adjoins the A140, which links to the county's dual carriageway network, as well as Norwich and the county town of Ipswich. Ipswich is approximately eighteen miles to the south and the city of Norwich is approximately twenty-eight miles to the north.
Method of Sale
We have been instructed to offer the property for sale by private treaty inviting offers for the whole or in up to three lots with the intention of achieving exchange of contracts as soon as possible with completion eight weeks thereafter or sooner by agreement. The Vendor would favour selling the property as a whole.
It is expected that the purchaser/s will be required to sign an ‘Exclusivity Agreement’ with a 5% ‘Exclusivity Fee’ being paid to and held by the Vendor’s solicitor. A copy of the draft ‘Exclusivity Agreement’ is available from the Agent.
Vendors’ Solicitor
Barker Gotelee, 41 Barrack Square, Martlesham Heath, Ipswich, Suffolk, IP5 3RF. Telephone:[use Contact Agent Button]
Contact Name: Sam Read. [use Contact Agent Button]
Local Authority
Mid Suffolk Council, Endeavour House, 8 Russell Road, Ipswich IP1 2BX. Telephone:[use Contact Agent Button].
Description
The land at Braiseworth offers the Purchaser an opportunity to acquire a block of arable land and woodland extending in all to approximately 144 acres (58.28 hectares). The land is located in a desirable rural location in north Suffolk.
The arable land consists of two lots (lots 1 and 2) and extend in all to approximately 115.93 acres (46.92 hectares). The land is relatively flat in topography with gentle undulations. It is classified as Grade 3 in the Land Classification series of England & Wales, being predominantly of the Beccles soil series, a high yielding slowly permeable base-rich loamy and clayey soil type.
The land has been farmed in hand to a high standard under a contract farming arrangement. The contract farmer has indicated that if possible, they would be keen to continue farming the land for a purchaser/s.
There is good access into each lot directly from the public highway through a number of gateways. The land has typically been in a white straw rotation of wheat, barley, oil seed rape and beans. The previous five year cropping schedule is available from the Agent.
The land is offered for sale in three lots and is shown for identification purposes outlined red, blue and purple on the enclosed plan.
Lot 1 - arable land
85.89 acres (34.76 hectares) - this block of arable land lies either side of Braiseworth Wood and immediately east of the A140, as shown outlined red on the enclosed plan. It consists of four good sized arable fields, with the largest field extending to approximately 25 acres. The land is well drained and copies of the drainage plans are available from the Agent. There is good access into all of the fields through a number of gateways, either off the Braiseworth Road, Yaxley Road or via internal tracks.
The land was cropped in winter wheat and winter beans in 2023 and is scheduled to be drilled with winter wheat and winter barley for the 2024 growing season. The field boundaries are well defined with mature trees, hedgerows and ditches.
Viewings
At any reasonable time with particulars in hand by prior arrangement with the Agents. Given the potential hazards of a working farm and associated machinery, we please ask that you be as vigilant as possible for your own personal safety when making an inspection the property.
Rights of Way, Wayleaves and Easements
The property is sold subject to and with the benefit of all rights of way, wayleaves and easements that may affect the land.
Timber, Sporting and Minerals
All sporting rights, standing timber and mineral rights (except reserved by Statute or to the Crown) are included in the sale of the freehold. The property offers good sporting potential.
Boundaries
These are shown for identification purposes only on the attached plan. Purchasers should satisfy themselves with regard to these as no error, omission or misstatements will allow the purchaser to rescind the contract nor entitle either party to compensation thereof.
The land is registered with the Land Registry under Title Numbers SK147375 and SK218598.
Town and Country Planning
The property is sold subject to any development plans, tree preservation orders, ancient monument orders and Town and Country schedules or other similar matters that may be or come into force.
Outgoings
The land is sold subject to any drainage rates and other outgoings that may be relevant.
VAT
Should any sale of the land, or any right attached to it, become a chargeable supplier for the purpose of VAT, such VAT shall be payable by the purchaser in addition to the contract price.
Tenure and Possession
The land is for sale freehold with vacant possession upon completion.
Basic Payment Scheme
The land is registered under the Basic Payment Scheme and the Vendor made the 2023 claim. DEFRA advised in 2022 that Basic Payment would be delinked from land and farming activities after 2023. This is understood to mean that occupation of farmland in 2024 and thereafter, will not give rise to any Basic Payment. The Purchaser will be able to consider the options offered under DEFRA’s Environmental Land Management and other schemes.
The Vendor will retain the Basic Payment Scheme income from the 2023 scheme year and the Purchaser/s will indemnity the Vendor in respect of all action, cost, claims and demands in connection with any failure on the part of the Purchaser to comply with cross compliance requirements in respect of the 2023 scheme year.
Environmental Stewardship Scheme
The land is not within an Environmental Stewardship Scheme.
Ingoing Valuation
If applicable, in addition to the purchase price, the Purchaser will take over and pay for all cultivations and growing crops upon completion. Payment is to be made at the figure assessed by the Vendor’s agent based upon CAAV rates or contractors’ rates where applicable and invoiced costs of seed, fertiliser and sprays applied plus enhancement value.
Overage
Not applicable.
Information Pack
An information pack containing further details relating to previous cropping, land drainage, woodland management plan etc is available for inspection at the Agent’s Office or can be emailed to interested parties.
Lotting and Cross Rights
If the Property is sold in Lots, there may be reserved rights agreed to benefit each Lot and to ensure that continued access, maintenance and supply of services across the Property. Further details of these rights can be obtained from the Agents.
1. These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. Interested parties should rely on their own/their surveyors investigations as to the construction type of the property and its condition. Any distances, and measurements which are given are approximate only. Any plans are indicative only and may not be the same as the transfer plan/s. No guarantee can be given that any planning permissions, building contents or building regulations have been applied for or approved.
2. Under Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 we, as Estate Agents, are required to obtain identification from buyers in the form of the photo page of your passport or a photo driving licence. The document must be in date. In addition, we need proof of address in the form of a utility bill with the name and address of the buyer. This must not be more than three months old. We are also under obligation to check where the purchase funds are coming from. October 2023
