Land at Willey

An excellent opportunity to purchase a ring-fenced block of approximately 43.45 acres (17.58 ha) of arable land.

Tender deadline Friday 19th of August 2022 at 12noon.

Location - The land lies west of the village of Willey, in north Warwickshire on the border with Leicestershire. The land is around 10 km north of Rugby and just southwest of the A5 and Magna Park.

What3Word: coffee.span.fidelity

Description - The property consists of three arable fields totalling approximately 43.14 acres (17.46Ha) of arable land and a small section of amenity woodland 0.31 acres (0.13Ha).
The land is bounded by mature hedgerows. The land benefits from roadside access off Coal Pits Lane.

Cropping - 2022 Cropping schedule
SP4884 9879 - 7.46Ha - Spring Barley
SP4884 9999 - 4.49Ha - Spring Barley
SP4884 8913 - 5.51Ha - Spring Barley

Further cropping history is available on request.

Guide Price - As a whole 43.45 acres – Guide Price £400,000

Method Of Sale - The property is offered for sale by Informal Tender in accordance with the following conditions: -

1. Tenderers should complete a Form of Tender. To request a tender form, please contact Peter Chennells (details below)

2. Please send completed tender forms by 12noon on Friday 19th August 2022 in a sealed envelope marked:

"Tender - Land at Willey" to Andrew Granger & Co. Ltd, 44-46 Forest Road, Loughborough, Leicestershire, LE11 3NP.
Or
By email to peter.

Land Classification And Soil Type - The land is classified as Grade 3 (being good to moderate).
Soilscapes defines the soil type as: Soilscape18: Slowly permeable seasonally wet slightly acid but base-rich loamy and clayey soils.

Services - The Agent is not aware of the land being connected to any services. Potential Buyers should make their own enquiries.

Tenure - The land is to be sold freehold with vacant possession.

Basic Payment Scheme - The land is registered for the Basic Payment Scheme. 17.45ha of Basic Payment Scheme entitlements are included in the sale. The BPS payment for 2022 will be retained by the vendor.

The purchaser will be required to indemnify the Vendor in relation to Cross Compliance from the date of sale.

Environmental Schemes - The Agent is not aware that the land is subject to any
environmental schemes.

Wayleaves, Easements And Rights Of Way - The land is sold subject to and with the benefit of all wayleaves, easements and rights of way that may exist
whether specifically mentioned in these particulars or not.

The land is not crossed by any footpaths.

The land is crossed by overhead pylons. The agent understands there is a wayleave agreement in place.

Sporting, Timber And Mineral Rights - All sporting, timber and mineral rights, where owned, are included in the sale.

Rates And Other Outgoings - The property is sold subject to any other rates and outgoings which the Purchaser will be liable for.

Development Uplift Clause - The land will be sold subject to an uplift clause of 30% over 30 years of any uplift in value arising from development or the grant of planning permission (excluding agriculture and equestrian) is payable to the vendor.

Vat - In the event that any part of the holding is subject to VAT this will be payable by the Purchaser in addition to the purchase price.

Viewing - The land may be viewed on foot at any reasonable daylight hours by persons in possession of a copy of these particulars and prior confirmation with the selling agent.
Please respect the current occupiers crop when viewing the land.

Land Registry Title - The land is currently unregistered.

Local Authority - Rugby Borough Council, Town Hall, Evreux Way, Rugby, CV21 2RR
Tel:

Vendors Solicitor - Cocks LLoyd, Riversley House, Coton Rd, Nuneaton, CV11 5TX

Plan - The plan and red lines are provided for identification purposes only. Ordnance Survey Crown Copyright 2022 (licence no. ). All rights reserved.

Further Information - For further information, please contact:
Peter Chennells BSc MSc MRICS
Tel:
Email: peter.



Marketed by: Andrew Granger & Co, Loughborough