Mill Farm

Introduction

Lots 1-4 Comprising period farmhouse, set of traditional and more modern farm buildings and a total of approximately 150.9 acres of farm land in a ring fence all subject to farm Business tenancy expiring on the 19th February 2025-as a whole or in 4 lots.

TENDERS CLOSE FRIDAY 24th JUNE 2022 AT 12 NOON
Agents McCartneys LLP, The Ox Pasture, Overton Road, Ludlow, SY8 4AA.
Tel: (Ref. JU) Lodders Solicitors LLP, 25 Imperial Square, Cheltenham, GL50 1QZ
Tel: or (Ref. JF)

General Remarks & Stipulations

LOCATION
Proceeding from Ledbury to Tewkesbury on the A438. Turn left onto the B4208. Mill Farm will lie on your right hand side after approximately 2½ miles. It is on the edge of Castlemorton Common. The position of the property is shown on the plan attached to these details.

LEGAL PICTURE
The farm is let on a 10 year Farm Business tenancy dated 20th February 2015 and expiring on the 19th February 2025. Currently the rent is £34,000 per annum payable on the 1st august and the 1st February in advance. There is a rent review clause based upon the retail price index at 5 years but this was not exercised by the landlord. The tenant is liable for all repairs for all those items stated as being the obligation of both landlord and tenant as specified by the Agriculture (Maintenance Repair and Insurance of Fixed Equipment) regulations but under clause 15.4 in the tenancy he will have no liability for the repairs to the walls, floors and roofs of the traditional farm buildings (truncated)