Arable Land at Great Hormead

Great Hormead is a pretty and popular village in the administrative are of East Herts District Council. The land lies immediately to the south of Great Hormead village and to the east of St Nicholas’ Church and Great Hormead Bury. The land is accessed off Horseshoe Lane and also off a Byway Open to All Traffic running along the north-eastern boundary.

The land is shown as Grade 2 and Grade 3 on the Provisional Land Classification Map and is gently undulating with mature hedges on most boundaries. There is a pond within Lot 2.

Approximately 16.25 hectares (40.15 acres) in total.

Buntingford – 2.6 miles

Royston – 8.7 miles

Bishop’s Stortford – 9.8 miles

Saffron Walden – 12.4 miles

Method of Sale

The freehold of the property is for sale by private treaty as a whole or in up to two lots.

Lot 1 - 6.97 Ha (17.22 acres) - £175,000

Lot 2 - 9.28 Ha (22.93 acres) - £200,000

Total - 16.25 Ha (40.15 acres) - £375,000 

Cropping

Year Crop

2021/22 Winter wheat

2020/21 Winter wheat

2019/20 Oilseed rape

2018/19 Winter wheat

2017/18 Winter wheat

Tenure and possession

The land is offered for sale with vacant possession on completion.

BPS Entitlements

The current farmer will transfer the BPS entitlements (if required) to the purchaser following completion of the sale.

Future Farming

The existing farmer would be willing to continue farming the land under the terms of a farm business tenancy or contract farming agreement, terms to be separately discussed.

Easements, Covenants and Rights of Way

The property is sold subject to all existing wayleaves, easements, public or private rights of way, covenants and restrictions, whether stated in these particulars or not. A number of public rights of way affect the property, as shown on the plan.

The vendor is retaining the borehole pumphouse in the northeast corner of the land. An easement for an existing underground irrigation pipe will be reserved to the vendor along the approximate route shown by a dashed blue line on the plan.

Overage

Lot 1 will be sold subject to overage provisions. In the event planning permission is granted for any residential or commercial development within a period of 30 years, the purchaser(s) shall pay to the vendor 20% of the uplift in value to which the planning permission gives rise. Overage will be payable on the grant of planning permission; Further details are available in the Weldon Beesly Property Portal.

Timing

Exchange of contracts to take place 21 days after receipt by the Purchaser’s Solicitor of the draft contract with completion on 29 September 2022.

A deposit of 10% of the purchase price will be payable on exchange of contracts. If early entry is required, then Purchasers

Further Information

Further details including Land Registry title information can be found in the Weldon Beesly Property Portal The username and password for access is ‘Property’.

Anti-Money Laundering

The purchaser will be required to provide proof of identity and an address to the selling agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.

Viewing

Viewing is permitted at any time from the roadside or the public rights of way.

Health and Safety

We would ask that you be as vigilant as possible when making any inspection, for your own personal safety and that of others.