Sold STC Coleseed Road, March

 £300,000

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Location

Full description

SITUATION
The land abuts Coleseed Road, off Upwell Road, approximately ½ mile to the East of March.

DESCRIPTION
The land comprises three adjoining parcels which extend in total to 35.06 acres (14.18 hectares) more or less. The land is available either as a whole or as 3 individual lots.

METHOD OF SALE
The land is offered For Sale by Private Treaty as a Whole or in Lots and prospective Purchasers are invited to make contact with Maxey Grounds to discuss their interest at an early date.

EXCHANGE OF CONTRACTS AND COMPLETION
Exchange of contracts will take place 21 days after receipt by the Purchaser's Solicitor of the draft contract, with completion as soon as possible thereafter.

TENANT RIGHT
All unexhausted manurial values and lime residues are included in the Sale. No claim for dilapidations, if any, shall be made by the Purchaser against the Vendor.

Lot 3 is due to be drilled with winter wheat shortly. The purchaser will be required to reimburse the Vendor at cost of production as at the date of exchange of contracts in respect of this or any other crop on the land. Please contact the Agents for further details.

NITRATE VULNERABLE ZONE
The land lies within a Nitrate Vulnerable Zone.

POSSESSION
Vacant Possession will be given upon completion of the purchase.

SERVICES
There are no services connected to the land.

SPORTING RIGHTS
The Sporting Rights are included in the Sale.

MINERAL RIGHTS
The minerals, so far as they are owned, are included in the Sale.

LAND CLASSIFICATION
The land is classified as Grade 2 on the Agricultural Land Classification of England and Wales (Sheet 134).

BASIC PAYMENT SCHEME
The land has been registered with the Rural Payments Agency under the Basic Payment Scheme and Entitlements have been established and claimed. It is intended that the entitlements based on eligible area will be transferred to the Purchaser (or his nominee) following completion of the Sale.

The vendors will retain all payments in respect of the 2019 claim year and the Purchaser will be required to indemnify the outgoer in respect of all cross compliance matters up to 31st December 2019.

BOUNDARIES
The Vendor will not be bound to determine the ownership of the boundaries. The Purchaser must satisfy themselves as to the ownership of the boundaries.

OUTGOINGS
Such of the outgoings, as are known, are mentioned in these Particulars, but no guarantee is given that the amounts stated are accurate or that all outgoings appear.
The land falls within the Middle Level Commissioners area and the March East Internal Drainage Board. The drainage rates for 2019/20 are shown in the table below. For guidance only.

DRAINAGE RATES FOR 2019/20
Lot Number Middle Level Commissioners IDB
1 £133.12 £51.20
2 £249.34 £95.90
3 £141.96 £54.60
Total £524.42 £201.70

RIGHTS OF WAY AND EASEMENTS
The land is offered subject to all existing rights, including rights of way whether private or public, light, support, drainage, water and electricity supply and other rights, easements, quasi easements and all wayleaves whether referred to or not in these particulars.

VIEWING
Interested parties may view at their own risk, during daylight hours, with a set of these Particulars in hand.

GUIDE PRICE £300,000 for the whole or individual Lots by separate negotiation

FURTHER INFORMATION
If you have any queries, please call our March Professional Office on 01354 602030 and ask for Shirley Pollard or Polly Stokes

PARTICULARS PREPARED
20th November 2019

Ready to view?

Call our March Professional Office on

01354 602030 Arrange a viewing

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