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    £ 1,000,000
    for sale in Warwickshire
    1/6
    Equestrian Property 4 sale
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    ad ref. HM009243A
    £ 1,000,000

    for sale in Warwickshire

    Properties£ 1,000,000

    Description

    Grovefield Farm lies off the Fullbrook Lane between Hampton Lucy and Sherbourne, some 2.5 miles from Longbridge Junction 15 of the M40, and 4.5 miles from the centre of the town of Warwick. The land comprises some 53.7 hectares (132.7 acres) an appealing parcel of Grade II arable land and flood meadow laid to permanent pasture lying adjacent to the River Avon, complete with fishing rights. The land has good access off the adopted highway leading to Grovefields Farm and a number of other properties.The arable land has potential for growing specialist vegetable crops and a water abstraction licence is available to be transferred.

    Services

    There are mains water connections to some of the pasture fields.

    Basic Payment Entitlement

    The Basic Payment Entitlement for the net eligible area will be transferred to the purchaser. It is anticipated the claim due to be made in May 2020 will be made by the Vendor, who will retain the benefit of the Basic Payment for the 2020 calendar year. The Purchaser will indemnify the Vendor for any potential penalties arising from their period of occupation to the 31st December 2020.

    Higher Level Stewardship Scheme

    The land is currently subject to a Higher Level Countryside Stewardship Scheme – Agreement No. AG00556491. The main relevant scheme options are ‘very low input grassland' for the permanent pasture, and to take out of cultivation of historic features on land which would otherwise be arable. It is intended that the benefits and liabilities of the scheme would be transferred to the purchaser, subject to approval by Natural England.

    Local Authorities

    Warwickshire County Council - - Click here to reveal phone number - tratford District Council – - Click here to reveal phone number - evern Trent Water – - Click here to reveal phone number - atural England – - Click here to reveal phone number - /p>

    Field Schedule

    See attached JPEG

    Fencing

    The purchaser shall be required to fence a new boundary between points A and B shown on the plan. The vendor will be responsible for fencing a new boundary between points X and Y.

    Abstraction Licence

    The Abstraction Licence reference: 18/54/13/230/S provides for rights to abstract between April and September inclusive, up to 27,272m3 per annum (1,500m3 per day).

    Access

    Via the adopted highway

    Rights of Way

    The road through the holding is an adopted highway

    Easements and Wayleaves

    There are no known easements or wayleaves.

    Sporting Rights

    Sporting rights including fishing on the Avon along with timber and mineral rights will be included in the freehold sale.

    Tenure & Possession

    Freehold and vacant possession upon completion of the sale

    Contact

    01789 - Click to contact -

    Directions

    Drive through Hampton Lucy towards Snitterfield, sharp left hand bend take the right hand turn on to Fulbrooke Lane, follow along until you see the sign for Grovefields Farm, follow the road to the end.

    ...Read full description

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    Equestrian Property 4 sale
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