Land for sale

An opportunity to acquire an accessible block of principally Grade 3 arable land on the edge of Oakthorpe. Extending to approximately 21.22 acres (8.59 ha) in all.


Situation
The land is situated to the western edge of village of Oakthorpe in an appealing area of Northwest Leicestershire and just 1.7 miles from the larger village of Measham. The market town of Ashby-de-la-Zouch is within a 5-mile drive and offers a range of amenities.

The land benefits from direct access off Coronation Lane and is suitable for modern agricultural machinery, the A444 and A42 are within easy reach providing good transport links to Tamworth and Ashby-de-la-Zouch.

Land Quality and Soil Type
The land is classified as Grade 3/4 according to the Natural England Regional Agricultural Land Classification Maps. The soils may be described as freely draining slightly acid sandy soils, previously supporting the growing of cereals.

Technical Information
Viewings of the land may be undertaken during daylight hours only and with a copy of these particulars to hand. Viewers must confirm the time of their inspection to the selling agent prior to arrival. Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property.

Basic Payment Scheme and Environmental Schemes
As a result of the delinking of BPS payments from land use, the entitlements will not be transferred to the incoming purchaser/s. The property is subject to a Mid Tier Countryside Stewardship Scheme ending 31st December 2028 which includes multi-year options. Further details are available from the selling agents.

Holdover / In going Valuation
The vendor will require holdover across the land until September 2024 or a date to be agreed.

Services
Prospective Purchasers must satisfy themselves as to the availability of services and any future connections.

Tenure
The property is sold freehold with vacant possession available on completion. The land is offered for sale by informal tender and is available as a whole.

Method of Sale
The land is offered for sale by informal tender and is available as a whole. Tender documents and tender conditions are available upon request from the selling agent and tenders must be submitted using the prescribed form.

All offers must be received by 12 noon 11th June 2024. Please note: the Vendors reserve the right to conclude the sale by any other means at their discretion and the Vendors are not obliged to accept the highest or indeed any Tender submitted.

VAT
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part thereof or any right to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition to the sale price.

Sporting Mineral and Timber Rights
The sporting, mineral and timber rights will be transferred with the freehold title where owned. The mines and minerals rights and ancillary powers of working are excluded.

Nitrate Vulnerable Zone (NVZ)
The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions.

Overage
The land will be sold subject to an uplift provision which will specify that 20% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors or their successors in title should such development occur within 40 years from the date of completion. The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent but shall not be triggered by any development for agricultural and/or equestrian purposes.

Local Authority
North West Leicestershire District Council

Public Rights of Way,Wayleaves and Easements
The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

Plans and Boundaries
The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct but accuracy is not guaranteed. The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.

Viewings
Strictly by appointment through Fisher German LLP.

Directions
Postcode – DE12 7QX
what3words ///outs.charge.duos

Agents Note
At the date of these particulars, we are aware that Severn Trent Water are looking to install a new sewer main/s between the existing Packington Treatment works and Measham Treatment works. The route is not yet known, however, early correspondence with Severn Trent, has indicated this holding may be affected but it has not yet been confirmed. Further information is available from the selling agents.