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£ 70,000
for sale in Humberside
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Equestrian Property 4 sale
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ad ref. HM1339815
£ 70,000

for sale in Humberside

Properties£ 70,000
Approximately 4.12 acres (STS) of arable land positioned in a prime location adjacent to the village of North Cotes. The land has the potential for equestrian, horticulture, grazing and leisure use subject to any necessary consents. The location of the land also lends itself to future development potential (STP). Please see or request the full brochure for details. Approximately 4.12 acres (STS) of arable land positioned in a prime location adjacent to the village of North Cotes. The land has the potential for equestrian, horticulture, grazing and leisure use subject to any necessary consents. The location of the land also lends itself to future development potential (STP). Please see or request the full brochure for details.

Directions and Location From Louth take the A16 north for around 7 miles and turn right by

the Halfway House Bar and Grill. Follow the road (B1201) through

and away from North Thoresby village until the eventual T-junction

with the A1031. Turn right here and proceed to North Cotes village.

The field will be found immediately before the village on the left side of the road and is best accessed from the lay by on the west side of the land at the S-bend in the road.

Positioned about 4 miles from the coast, North Cotes is about 10

miles from Louth market town and 10.5 miles from the centre of

Grimsby. The village has a Grade II listed church and a primary school.

The Land The land is level and has mainly open boundaries with drains with some partial hedging. There are two access points to the field as highlighted in the aerial imagery with red arrows. The current vendor may be able to assist the buyer with planting of seed for grass paddocks if required. The land is classified as Grade 3 Agricultural Land according to the Agricultural Land Classification Maps.

Council Tax and Business Rates We are not aware of any obligation to pay council tax or business

rates. Any planning change of use may incur a rate charge.

Sporting and Mineral Rights These are included in the sale where they are owned.

Wayleaves, Easements, Covenants and Rights of Way

The land is sold subject to and with the benefit of all existing wayleaves, easements and quasi-easements and rights of way, whether mentioned in these particulars or not. We are advised by the vendor that the drainage board have the right to enter the land for scheduled maintenance of the drainage ditches.

Overage Clause The land is subject to overage provisions whereby 30% of any uplift in value brought about by planning permission for use other than agricultural or non-commercial equestrian use will be payable to the seller or their beneficiaries. These provisions will apply for a period of 30 years and payment will be due upon the earlier of implementation of the planning permission or sale of the land with the benefit of planning permission.

Tenure The property is offered for sale freehold with vacant possession on completion once the current crop of beans has been harvested.

Viewing The land can be viewed from the roadside during daylight hours. The land is for sale by Private Treaty.

General Information This introduction and particulars are intended to give a fair and substantially correct overall description for the guidance of the intending purchasers. No responsibility is to be assumed for the accuracy of individual items. Maps, plans and aerial image demarcation are for identification purposes only and are not to scale - they should be verified at the sale stage against the sale contract plan. We are advised that mains water passes the land in the nearby road but no utility searches have been carried out to confirm at this stage. The land may be subject to the general drainage rate subject to the overall land holding of the purchaser.

Basic Payment Scheme The land is registered with the Rural Payments Agency. The

tenant owns the entitlements for the land and are available to

purchase by separate negotiation if the buyer is eligible to claim them.

VAT: It is not anticipated that VAT will be charged, however, should any sale of any part of the land or any rights attached to it become a chargeable supply for the purposes of VAT, such tax will also be payable by the purchaser(s) in addition to the contract price. FMLD RUPR...Read full description
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Equestrian Property 4 sale
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