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Farm land for sale
16.74 acres of Arable Land and Woodland at Burwell, Louth
£155,000
16.74 acres of Arable Land and Woodland at Burwell, Louth
£155,000
Our Summary
- Overage ClauseThe whole of the land is to be sold subject to an overage clause whereby 30% of the net uplift in value for any non-agricultural orforestry use is payable to the Vendors upon the earlier event of either the implementation of planning or the sale of the land for aterm of 30 years from the date of completion
Description
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Here is a summary of the property description in a single paragraph without a list:
The property consists of 16.06 acres of arable land, classified as Grade 3, with shallow, well-drained silty soils over chalk, suitable for growing a variety of cereals and short-term temporary grass. The land has been farmed as part of an arable rotation for many years and has direct road access. The boundaries are defined by grass verges, mature hedgerows, and domestic fences. The land is being sold freehold with vacant possession, subject to drainage rates and wayleaves, easements, and rights of way. The outgoing tenant has reserved the right to harvest the current growing crop and remove any straw, and the prospective purchaser will be permitted to view the land prior to completion. The property is not entered into any environmental land management schemes, and there will be no ingoing valuation to pay for growing crops or acts of husbandry. The buyer will be deemed to have full knowledge of all boundaries, and the property is situated within the East Lindsey LPA, where any planning enquiries should be made prior to submitting an offer.