Guide Price £160,000
Land at East Coldcotes, Ponteland
Agricultural land extending to 17.90 acres (7.24 hectares). The land is currently cropped however due to its location to Ponteland and roadside access it lends itself to an equestrian purchaser.
Agricultural at East Coldcotes extending to 17.90 acres (7.24 hectares) grade 3 arable land. The land is currently cropped, however it lends itself to an equestrian purchaser due to its location from Ponteland and roadside access. Following a successful sale the vendor would be prepared to sow the field to a grass ley should it be an equestrian purchaser.
The boundaries are a mixture of hedgerows and post and wire fence.
There is a mains overhead electricity line that crosses the field, this is a permanent easement. A pylon is situated in the field; close to its boundary.
There are no services to the property, however mains water pipe crosses the grass verge on the road side so connection should be easily sort.
Access is gained from ‘North Road’ which runs from Ponteland to Kirkley Hall College. The main entrance is directly off the road on the properties eastern boundary.
Easements, Wayleaves and Rights of Way
The property is sold subject to and with the benefits of all rights of way, water drainage, water courses and other easements quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all existing and proposed wayleaves and other matters registered by any competent authority subject to statue.
Tenure and Possession
The property is offered freehold with vacant possession on completion of legal sales contracts. Sporting and mineral rights are included in the sale.
Basic Payment Scheme
The land is sold with the benefit of entitlements to receive payments through the Basic Payment Scheme should the purchaser be a suitable candidate and eligible to qualify for the Scheme on completion of the land sale. The Vendor has claimed the 2017 Basic Payment Scheme but will undertake to transfer the entitlements to the purchaser following completion of the sale.
The purchaser will be required to sign an indemnification stating they will maintain the land in good agricultural and environmental condition, and follow the Basic Payment Scheme cross compliance regulations. Further to this the indemnification will also hold the purchaser liable should be vendor be penalised for breach of cross compliance.