Land For Rent price not specified
LOCATION
The land is situated off Poppylots Drove, Marshland St James and is located approximately 5.9 miles East of Wisbech and 12.2 miles Northwest of Downham Market.
DESCRIPTION
TO LET BY INFORMAL TENDER - TENDER DEADLINE - 12 NOON 31ST OCTOBER 2023
An excellent opportunity to acquire an initial five-year Farm Business Tenancy of 27.07 Hectares (66.90 Acres) or thereabouts of versatile agricultural land which has been used for the growing of cereal and oilseed rape crops, situated in Marshland St James.
The land comprises of four enclosures in a contiguous block. All parcels are of a regular size and shape, suitable for modern agricultural machinery with road access off Poppylots Drove. A copy of the Field Plan is shown attached to these Particulars (for identification purposes only and not to scale.)
ACCOMMODATION
LAND AND SOILS CLASSIFICATION:
The land is classified as being a combination of Grade 2 Agricultural land on the former Ministry of Agriculture Land Classification Map for England and Wales. The actual soil type is further described by the Soil Survey of England and Wales as being part of the Wallasea 2 Association of soils which is characterised as being “deep stoneless clayey soils. Calcareous in places. Some deep calcareous silty soils” capable of growing “Winter cereals and some sugar beet, potatoes, cereals and field vegetables.”
ACCESS:
The land is accessed directly off Poppylots Drove which provides access to major roads leading to the North and the South.
METHOD OF LETTING:
The land is offered To Let as a whole by Informal Tender. The closing date for Tenders is 12 noon on 31st October 2023. Tenders are to be submitted on the enclosed Tender Form and returned to our Spalding Office at 5 New Road, Spalding, Lincolnshire, PE11 1BS in a sealed envelope marked “Arable Land off Poppylots Drove, Marshland St James.”
TENANCY:
The land is offered To Let on an initial five-year fixed term Farm Business Tenancy Agreement. The Tenancy will be produced on a Lincolnshire Association of Agricultural Valuers Farm Business Tenancy Agreement, a copy of which is available from the Lettings Agents (Richard Start) upon request.
RENT, INSURANCE & VAT
Rent will be payable half yearly in advance, the first payment will be due on the signing of the Tenancy Agreement. Rent will thereafter be payable on 6th April and 11th October in each year. VAT is currently not payable on the rent. In the event that the property or any part thereof, any rights, contracts, quotas or Entitlements become chargeable supply for the purpose of VAT, any such taxes will be payable in addition to the rent at the appropriate rate. Rent reviews will be in accordance with the default terms of the provisions of the Agricultural Tenancies Act 1995. The Tenant(s) will be responsible for having Public Liability Insurance in place to a suitable level.
RIGHTS OF WAY, WAYLEAVES AND EASEMENTS ETC:
The land is let subject to, and offered with the benefit of, all existing rights, including rights of way, whether public or private, light, support, drainage, water, electricity, and other rights, easements, quasi-easements, and all wayleaves, whether referred to specifically in these Particulars or not. The Landlord will retain any wayleave payments in respect of the farm. We are not aware of any Public Rights of Way which affect the land.
MAINTENANCE:
The Tenant (s) will be responsible for the maintenance of the dykes and hedges.
TENANT RIGHT AND DILAPIDATIONS:
Tenant right may be chargeable at the commencement of the tenancy. More details are available from the Letting Agents. There will be no claim allowed whatsoever for dilapidations (if any) at the commencement of the tenancy, but dilapidations will be charged if appropriate at the end of the tenancy.
CONTRACTS AND QUOTAS:
There are no contracts or quotas available with the letting.
SPORTING RIGHTS:
The Sporting Rights are to be let in conjunction with the land.
BASIC FARM PAYMENT & ENVIRONMENTAL SCHEMES:
Entitlements are not to be included in the Letting and the land is not currently entered into any Environmental Schemes.
DRAINAGE RATES:
Drainage Rates for the land are payable to the Kings Lynn Internal Drainage Board.
PLANS, AREAS & SCHEDULES
These particulars and plans have been prepared as carefully as possible. It should be noted that the plans have been specifically prepared ‘for identification purposes only’ and although believed to be correct, their accuracy is not guaranteed. The areas have been taken from a combination of the Rural Payments Agency’s Rural Land Register and the Ordnance Survey Promap System.
BOUNDARIES:
The successful tenant shall be deemed to have full knowledge of all boundaries
SERVICES
It is believed that there are no services connected to any of the land, however interested parties should make any enquiries with the relevant utility authorities.
VIEWING
Interested parties are invited to walk the land during daylight hours with a copy of these Particulars to hand and should,
at all times, for their own personal safety, take appropriate precautions to ensure that no damage occurs either to
themselves or to the land, or any part thereof.
