Guide Price £780,000
- 134.92 Acres
Land At Rectory Farm
Easington Village, Peterlee, County Durham
54.61 Ha (134.92Ac) comprising a mix of grazing land including both temporary and permanent grass, arable land and a small element of woodland. In an accessible location. Rectory Farm Portfolio including holiday cottage business and residential properties also available.
Currently in mixed farming use the land is well managed and lies to the north of the original farm steading, adjoining a modern residential development and a number of individual rural dwellings and other land parcels. To the eastern boundary lies the A19 with access directly off, making the land extremely well positioned for access.
The land is a mix of grazing land including both temporary and permanent grass, arable land and a small element of woodland. The land is gently undulating providing some more sheltered areas for good grazing and a network of tracks, mature hedgerow boundaries and natural water supplies divide the parcels. A breakdown of the individual parcels including description and sizes can be found within the field schedule and identified on the enclosed plan.
Basic Payment Scheme
The Basic Payment Scheme entitlements equate to 50.7 Non SDA, which will be included with the sale price and the vendor will make reasonable endeavours to transfer the entitlements to the buyer. George F White reserve the right to charge a fee of £300 plus VAT for each transfer. The purchaser will be required to indemnify the vendor against any breach of cross compliance for the remainder of the claim year from completion and / or occupation. Copies of the Basic Payment Scheme field parcel information can be made available upon request.
Tenure & Possession
It is understood that the property is to be sold freehold with vacant possession upon completion.
It is understood that the majority of the field parcels benefit from a natural water supply.
Are indicated on the sale plan and will be included within the sale insofar as they are owned.
The land can be accessed from the eastern boundary directly from the A19 where a small layby provides a pull in for convenience. An additional access to the land leads into field parcel 5015, directly from the B1432. The other field parcels are accessed via a network of made-up, hardcore, gated tracks.
Sporting and Mineral Rights
All sporting rights will be included in the sale insofar as they are owned while mineral rights are reserved to a third party.
The land is being sold subject to an overage clause, meaning that 50% of the uplift in value will be payable to the vendors over 50 years from the date of sale, and will be triggered by the implementation of, or sale with, planning consent for any use other than agricultural or equestrian.
Public Rights of Way
It is understood that a public foot path crosses the land, following the western boundary of field parcel 0608 and 9628. Purchasers should satisfy themselves as to the exact course that this takes by following the link in the further information section within these particulars.
The crop will be removed and the land will be stubble. If for whatever reason the sale does not conclude swiftly and the Seller begins work to establish a crop, in addition to the purchase price the buyer will be required to pay for any growing crops, including cultivations, seeds, fertilisers, sprays, lime, new leys and acts of husbandry at cost or market value (whichever is the higher) and any items normally paid for at the point of ingoing.
Rights and Easements
The property is sold subject to and with the benefit of all rights of way, water, drainage, water courses and other easements quasi or reputed easements and rights of adjoining owner, if any, affecting the same and all existing and proposed wayleaves or other matters registered by any competent authority subject to statute.
Durham County Council.