Arable Land at Market Weston - Whole

An opportunity to purchase 21.40 acres (8.66ha) of grade 2/3 arable land for sale as a whole or in three seperate lots.


Location
Market Weston is a small village located near the Norfolk border around 7 miles south-east of Thetford and 13 miles north-east of Bury St Edmunds. The land is located to the west of Market Weston along the B111 and Hollow Lane.

The Land
The farmland is classified as Grade 2 and 3 on the MAFF Land classification maps. The Soil Survey of England and Wales records Lot 1 as well drained sandy soil, suitable for growing cereals, sugar beet and some carrots and potatoes, and Lots 2 and 3 as fine loamy over clayey soils, suitable for growing winter cereals and some potatoes.

Description
The land for sale is bare arable land available as a whole or in 3 separate lots totalling 21.40 acres or thereabouts. The land has good road access off the B111 and Hollow lane. All fields are currently planted with Winter Wheat.

Lot 1 amounts to 9.2 acres or thereabouts
(Guide Price: £120,000)

Lot 2 amounts to 4.75 acres or thereabouts
(Guide Price: £80,000)

Lot 3 amounts to 7.45 acres or thereabouts
(Guide Price: £110,000)

Tenure and Possession
The land is currently being farmed under a cropping licence. The land will be sold freehold with vacant possession. Possession will be granted immediately after the growing crops have been harvested.

Minerals, Timber and Sporting Rights
These rights are in hand and included within the sale.

Basic Payment Scheme
Basic Payment Scheme entitlements are currently available but will only be transferable if the sale completes before the 15th May 2023.

Rights of Way, Easements and Wayleaves
The property is sold and will be conveyed with the benefit of and subject to all rights of way (whether public or private), water, drainage, sewerage, light, wayleaves and other easements, if any, subject to all outgoings or charges connected with or chargeable upon the property whether mentioned herein or not.

Method of Sale
The land is offered for sale as a whole or in 3 lots by private treaty. Interested parties should register their interest with the agent’s Bury St Edmunds office providing full contact details including their postal address, telephone numbers and email address (if appropriate).

Local Authorities/Statutory Bodies
Anglian Water Services Ltd: PO Box 46, Spalding, Lincolnshire, PE11 1DB. Tel:

Environment Agency: Cobham Road, Ipswich, Suffolk, IP1 1JE. Tel:

West Suffolk Council: West Suffolk House, Western Way, Bury St Edmunds, Suffolk, IP33 3YU. Tel:

Suffolk County Council: Endeavour House, 8 Russell Road, Ipswich, IP1 2BX.
Tel:

VAT
In addition to the purchase price, should any sale of the property or any right attached to it become a chargeable supply for the purpose of Value Added Tax, such shall be payable by the Purchaser(s) in addition to any monies to be paid during the course of the sale and the Purchaser shall indemnify the Vendors in respect thereof, including interest or penalty payments. No election has been made to charge VAT on property sales.

Anti-Money Laundering
In accordance with the most recent Anti-Money Laundering Legislation, purchaser(s) will be required to provide proof of identity to vendor’s agents once an offer is submitted and prior to solicitors being instructed.

What3Words
Lot 1: rate.cadet.grounding
Lot 2: driving.dimension.sting
Lot 3: avoiding.feuds.chilled

Postcode
The nearest postcode is IP22 2PD.

Viewing
During daylight hours with these particulars in hand. For further details regarding this land please contact Anthony Holliday or Eleanor Pratt.



Marketed by: Lacy Scott & Knight, Bury St Edmunds