Fen Road, Timberland, Lincoln, Lincs, LN4 3SD
Ref: AGR250038
sold
Address: Lot 2 - 4.33ha (10.71acres) Paddock, Fen Road, Timberland, Lincoln, Lincs, LN4 3SD
Description
Situation
The land is located on the edge of the village of Timberland, in the North Kesteven District and parish of Timberland. Timberland has limited local facilities, including the Penny Farthing public house, a Church and village green. The land is located 6.3 miles west of the larger spa town of Woodhall Spa, which has a greater range of facilities, including schools, shops, restaurants, and cinema, 12 miles north of the market town of Sleaford, and 15.7 miles southeast of the Cathedral City of Lincoln.
Soil Type and Land Classification
The land is classified by the Former MAFF Land Classification Maps of England as being Grade 3 agricultural land. The actual soil type is further described by the Soil Survey of England and Wales, as being part of the Beccles 1 Association of Soils, which is characterised as being slowly permeable fine loamy over clayey soils, suitable for growing winter cereals, some potatoes and grassland.
Services
Lot 1 contains no mains services. Lots 2, 3 and 4 have the benefit of mains water supplies leading to field troughs, but no mains electricity services.
Access
Lot 2 – from Fen Road, Timberland.
Basic Farm Payments
Due to the delinked BPS payment, there are no BPS entitlements.
Countryside Stewardship
Lots 1, 2 & 3 are entered into an HLS scheme with Natural England, which ends 31st October 2028
Overage
Lot 2 is contiguous with the village of Timberland and the agents believe there is longer term scope of road frontage redevelopment (subject to the necessary planning consents) and as such a low overage is being retained. The beneficial owners will retain a 50-year Overage/uplift clause, for only 25% of the enhancement in value for any non-agricultural activity. The Overage will be payable upon implementation or disposal of the property with the benefit of the change of use, whichever is the earlier.
Wayleaves, Easements & Rights of Way
The land is sold subject to and with the benefit of all existing rights including Rights of Way either public or private, Light Support, Drainage, Water and Electricity supplies and all other rights, easements, quasi agreements, and all wayleaves, whether referred to or not in these particulars.
Minerals, Timber & Sporting Rights
The mineral, timber and sporting rights are in the sale of the freehold interest, so far as the Vendor owns them.
Tenantright
The vendors reserve the right to claim for Tenantright in addition to the purchase price. But there will be no counterclaim whatsoever for any dilapidations.
Contracts & Quotas
There are no contracts, nor quotas included with the sale of the land.
Method of Sale
The property is being offered for sale, either as a whole, or in 4 separate lots by Private Treaty and depending on the level of interest, the vendors and their agent reserve the right to conclude the sale by asking interested parties to submit their Best of Final Offers.
Plans, Areas & Boundaries
The areas and plans attached to these particulars have been produced in good faith. They are for illustrative purposes only and their accuracy is not guaranteed. The successful purchaser(s) will be deemed to have full knowledge of all boundaries and the Vendor, nor their agent will be responsible for defining the boundaries for the ownership thereof.
Environmental Schemes
The land is entered into an extended Higher-Tier Countryside Stewardship Scheme. The Buyers may request the Seller transfers the schemes into their Single Business Identifier (SBI) or it is possible for both schemes to be terminated by the Seller if required.
The extended Higher-Tier Countryside Stewardship runs for 5 years from 1st January 2023 to 31st October 2028. The options are parcel based, not rotational options. The income from this, as stated in the agreement for this scheme year, is in the region of £8,153.30 per annum (based on full compliance with the scheme options). We understand that claims have already been made for the capital items in the scheme.
Viewings
Prospective purchaser wishing to view should make an appointment through the selling agents, Will Barker & Co. Those wishing to view the property, do so at their own risk. Please note some of the land has livestock on it, so please be vigilant when viewing.