Guide Price £970,000
- 121.38 Acres
Land At Belford
West Street, Belford, Northumberland
- Arable land
- Excellent edge of village location
- Extending to 49.12 Ha (121.38 Ac) in total
- Good roadside access
OFFERS TO BE SUBMITTED BY 12NOON ON THURSDAY 17TH OCTOBER 2019. Arable land • Extending to 49.12 Ha (121.38 Ac) in total • Excellent edge of village location • Good roadside access
OFFERS TO BE SUBMITTED BY 12NOON ON THURSDAY 17TH OCTOBER 2019.
The Property is an attractive block of commercial arable land set in rolling countryside and benefitting from good quality soils. It has direct roadside access and abuts the western fringe of Belford village. The land extends to 49.12 Ha (121.38 Ac) in total.
The land is classified as Grade 3, which constitutes to about half of agricultural land in England in Wales and is capable of consistently producing moderate to high yields of a narrow range of arable crops, especially cereals, or moderate yields of a wide range of crops including cereals, grass, oil seed rape, potatoes, sugar beet and less demanding horticultural crops.
The land is situated in an area designated as a Nitrate Vulnerable Zone (NVZ) for utopic water. The NVZ is named Lindisfarne NNR and, therefore, farming practice will have to comply with the farming rules of conduct regarding Nitrate Vulnerable Areas. There are no other statutory designations on the land nor any historic statutory designations, such as scheduled monuments or world heritage sites.
The soil is described as slowly permeable, seasonally wet, slightly acidic but base rich loamy and clay soil which has a moderate rate of natural fertility.
The Land is being sold without clawback or overage. There may be significant development potential in the future.
Method of Sale
The land is the remaining asset of Fordell Farms Limited and it is the Limited company that is being offered for sale, which assets will include the land, Basic Payment Scheme Entitlement, and growing crops.
Purchasers should note that the Company has been advised that as the Limited Company is being purchased, the Stamp Duty Land Tax will be lower for the Purchaser. Purchasers should make their own enquiries as to tax liabilities in purchasing the Company.
A closing date for offers may be fixed and interested parties are advised to register
their interest with the Selling Agents.
The Vendors shall not be bound to accept the highest or indeed any offer. Offers in writing should be submitted to the Selling Agents.
The Property benefits from roadside access from the B6349 to the north. There is an alternative access along the track marked orange on the sale plan within these particulars.
Boundary responsibilities as indicated by previous conveyances are shown by T marks on the sale plan within these particulars.
Basic Payment Scheme
The land has been registered under Rural Land Registry. There are 49.21 non-SDA Basic Payment Scheme (BPS) Entitlements, which the Vendor will retain for the current scheme year. The Entitlements will be included in the sale price and the Vendor will transfer these to the Purchaser on completion in accordance with regulations of the Scheme. On purchasing the land, the Purchaser will be required to sign an indemnification that they will maintain the land in good agricultural and environmental condition and follow the cross-compliance regulations for the claim year of that time.
There are no Countryside Stewardship or Environmental Schemes in place across the land.
The land has not used water for many years. There is a water trough in the field
named Sun Hill but it is understood it is not connected.
Easements, Wayleaves and Public Rights of Way
The property is sold subject to, and with the benefit of, all rights of way, water, drainage, watercourses and other easements, quasi or reputed easements and rights of adjoining owners, if any, affecting the same, and all existing or proposed wayleaves and all other matters registered by a competent authority pursuant to statute.
There is an electricity line which crosses the southern field parcels and is marked in blue on the sale plan within these particulars. It is understood this is on a wayleave agreement and wayleave payments are made annually to the Company.
Mineral and Sporting Rights
It is understood all mineral and sporting rights are included in the sale in so far as they are owned.
Viewings and Health and Safety
Viewing of the land is by appointment. Please contact Adeline Jones at the Alnwick Office on 01665 603581.
We request that you take as much care as possible when carrying out your inspection, particularly if machinery is present . This is for your own personal safety.
A data pack will be available to genuine prospective purchasers on the signing of a Confidential Agreement. This includes further detailed information on the property and the Company.
Please note the Purchaser(s) will be required to comply with Money Laundering Regulations.
Gibson and Co Solicitors, 27 Priestpopple, Hexham, Northumberland, NE46 1PB.
Northumberland County Council, County Hall, A197, Morpeth, NE61 2EF.