Land At Marefield Lane

DETAILED DESCRIPTION

24.41 acres (9.87 hectares) of arable land

The property consists of two field enclosures extending to approximately 24.41 acres (9.87 hectares) of arable land. Access to the property can be taken from Marefield Lane and the Oakham Road.

OVERAGE

The property will be sold with an overage for any development (other than agricultural or equestrian purposes) and this will apply to any residential development, commercial development or renewable energy. The rate will be 30% for 35 years from the completion date and payable on the grant of a valid planning consent.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY

There is a public footpath following the southern boundary of the property which is referred to as C90 - leading from the Oakham Road, Halstead to the junction of Melton Road and Marefield Lane, Tilton-on-the-Hill.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with the most recent Anti Money Laundering Legislation, the purchasers will be required to provide proof of identity and address to the Vendor's Agent once an offer has been submitted and accepted (subject to contract) prior to solicitors being instructed.

VALUE ADDED TAX

Should any sale of the property as a whole or in lots or any right attached become a chargeable supply for the purpose of VAT, such tax shall be payable by the Purchaser in addition to the contract price.

BASIC PAYMENT SCHEME

The Basic Payment Scheme entitlements are included in the sale. On completion 9.86 entitlements will be transferred to the Purchaser.

VIEWING

Viewing is permitted during daylight hours with a set of these sales particulars to hand, having previously contacted the Selling Agents.

LOCATION

The property is well positioned neighbouring the village of Tilton on the Hill to the west and the hamlet of Halstead to the east. The property is located approximately 3.1 miles north of Billesdon Village, 3.5 miles north of Skeffington, 8.8 miles west of Oakham, 10.7 miles south of Melton Mowbray, and 11.5 miles east of Leicester City Centre.

Two Field Enclosures

Grade 3 Arable Land

BPS Entitlements Included

Freehold with Vacant Possession