LET PROPERTY

DETAILED DESCRIPTION

TO LET BY INFORMAL TENDER

4.12 HECTARES OF ARABLE LAND AT SANDFORD ROAD, OLD NEWTON, STOWMARKET

OFFERS TO BE RECEIVED BY 12 NOON ON FRIDAY 30 SEPTEMBER 2022

LOCATION
The land is located off the Sandford Road to the East of the village of Old Newton which lies approximately 2.9 miles North of Stowmarket.

The land can be accessed directly from Sandford Road.

What three words: ///observers.prowess.unzipped

DESCRIPTION
The land at Sandford Road comprises approximately 10.19 acres (4.12 hectares) of grade 3 arable land which is identified in the Soil Survey for England as being of the Midelney series. The majority of the land is bound by hedgerows and trees.

2018 2019 2020 2021
Winter Wheat Winter Wheat Winter Wheat Winter Wheat
2022
Winter Wheat

OUTGOINGS
We are told that the drainage rates are payable at £20.00 per annum.

BASIC PAYMENT SCHEME
Basic Payment Scheme Entitlements are not included in the Farm Business Tenancy.

ENVIRONMENTAL STEWARDSHIP
The land is not currently in any schemes. The tenant will be permitted to enter the land into a scheme subject to landlord approval.

METHOD OF LETTING
The land is being offered by Informal Tender. Tenders should be submitted by email or in writing by 12 Noon on Friday 30th September 2022 to mark.johnson@brown-co.com or Brown & Co, Linden Square, Kings Road West Wing, Bury St Edmunds, IP33 3DJ.

The Tender should be clearly marked 'Land at Sandford Road, FBT Tender'. Tenders not so marked are liable to be opened before the Tender date.

All Tenders shall be Subject to Contract and should clearly state any particular conditions under which the offer is made. The Landlord reserves the right not to accept the highest, or indeed, any offer.

All offers should be stated in pounds sterling as a total sum of rent for a 12-month period.

FARM BUSINESS TENANCY
The land will be occupied under a Farm Business Tenancy in a standard format on the following specific terms.

1. Commencement date: 31st October 2022.
2. Term: Six years, eleven months terminating on 30th September 2029.
3. Rent: Payable half yearly in advance on 31st October and 30th April.
4. The Tenant will indemnify the Landlord in respect of loss, damage, injury or accident and associated payments incurred due to a breach of the Terms by the Tenant.
5. The Tenant will be required to personally farm the land and will not be permitted to assign or sublet the land.
6. The Tenant will be responsible for insuring their own crops and maintaining Public Liability Insurance of no less than £10,000,000.
7. Sporting, Mineral and Timber Rights are all excluded from the Letting

TENANT RIGHT & DELAPIDATIONS
No claim for tenant right will be payable at the commencement or end of the Tenancy. Dilapidations will be payable by the outgoing Tenant at the end of the term if applicable.

VIEWING
The land may be viewed strictly by appointment only with the Letting Agent.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The Land is let subject to and with the benefit of all existing wayleaves, easements and rights of way, public or private, whether specifically mentioned or not.

A high-pressure fuel pipeline runs diagonally through the western part of the field, from north west to south east. Plans can be provided on request.

DISPUTES
Should any disputes arise as to the boundaries or any matters relating to these particulars, or the interpretation thereof, the matter will be referred to an Arbitrator appointed by the Agents.

AGENT
Brown & Co, Bury St Edmunds
Mark Johnson
mark.johnson@brown-co.com
07766 785129
01284 731462


LOCATION

The land is located off the Sandford Road to the East of the village of Old Newton which lies approximately 2.9 miles North of Stowmarket.

The land can be accessed directly from Sandford Road.

What three words: ///observers.prowess.unzipped