Easey’s Triangle
Wardy Hill, Ely, Cambridgeshire, CB6 2FJ
Guide Price
£45,000
Residential Tags: N/A
Property Tags: N/A
Land Tags: Arable Land, Farm Business Tenancy, Overage / Clawback
Summary Details
- First Marketed: Apr 2022
- Removed: Date Not Available
- Residential Tags: N/A
- Property Tags: N/A
- Land Tags: Arable Land, Farm Business Tenancy, Overage / Clawback
A good quality arable field with road access.
Description
Easey’s Traingle is located adjacent to Witcham Bridge Drove which is to the west of Wardy Hill, a small hamlet in the Coveney parish of East Cambridgeshire.
Easey’s Triangle extends to approximately 6.1 acres (2.47 hectares) of Grade 2 arable land. The land has some mature hedgerow boundaries and is partially bordered by an IDB Ditch.
Basic Payment Scheme
The land is registered for the Basic Payment Scheme. The vendor will endeavour to transfer the relevant number of entitlements to the purchaser following completion of the sale.
Tenure & Possession
The freehold interest in the property is being sold.
The land is subject to a 1-year Farm Business Tenancy Agreement (FBT) which expires on the 10th of October 2022.
The tenant has the right of holdover in respect of the growing crop with a longstop date of 31st January 2023.
Drainage Rates
The land is located within the Littleport and Downham Internal Drainage Board (IDB) and drainage rates are payable accordingly.
Overage
The land is sold subject to the vendors retaining a share of any uplift in value arising out of the granting of a planning permission. The overage payable will be calculated of 50% of ((Enhancement Value minus Agricultural Value) minus disposal costs) over a period of 25 years.
Marketed by: Fisher German, Newark
Description
Easey’s Traingle is located adjacent to Witcham Bridge Drove which is to the west of Wardy Hill, a small hamlet in the Coveney parish of East Cambridgeshire.
Easey’s Triangle extends to approximately 6.1 acres (2.47 hectares) of Grade 2 arable land. The land has some mature hedgerow boundaries and is partially bordered by an IDB Ditch.
Basic Payment Scheme
The land is registered for the Basic Payment Scheme. The vendor will endeavour to transfer the relevant number of entitlements to the purchaser following completion of the sale.
Tenure & Possession
The freehold interest in the property is being sold.
The land is subject to a 1-year Farm Business Tenancy Agreement (FBT) which expires on the 10th of October 2022.
The tenant has the right of holdover in respect of the growing crop with a longstop date of 31st January 2023.
Drainage Rates
The land is located within the Littleport and Downham Internal Drainage Board (IDB) and drainage rates are payable accordingly.
Overage
The land is sold subject to the vendors retaining a share of any uplift in value arising out of the granting of a planning permission. The overage payable will be calculated of 50% of ((Enhancement Value minus Agricultural Value) minus disposal costs) over a period of 25 years.
Marketed by: Fisher German, Newark
Land Registry Data
- No historical data found.