Land at Reepham

Land at Reepham, World’s End Land, Reepham, Norfolk, NR10 4SA

An 8.22 acre parcel of amenity land just to the north of Reepham with good road access currently used as arable land but with potential for use as paddocks. Please note that the Vattenfall cable which connects an offshore wind farm to the grid, is due to cross this land although planning is yet to be granted for this.

The land is of the Wick 2 Series, being described as deep well drained coarse loamy soils, often stoneless, suitbale for a variety of crops. It would also be suitable for equestrian use and commercial activity subject to the necessary consents.

General

Method of Sale: The property is offered for sale by private treaty as a whole.

Vattenfall cable: Please note that the Vatenfall cable is due to cross the land. More information is available from the agent

Tenure and Possession: The property is offered for sale freehold with vacant possession upon completion.

Overage: An overage will apply with 50% of any uplift in value due to residential or commercial development for 25 years reverting to the current owner. This will not restrict the erection of private buildings such as a storage building or stables.

Holdover: The vendor reserves the right of holdover to harvest the growing crop.

Farming System: The land is farmed by a local contractor on an annual agreement, and this could continue if required.

Sporting, Minerals and Timber: These are included within the sale insofar as they are owned and relevant.

Ingoing Valuation: There will be no charge for any unexhausted, residual, manurial values nor farm held manure at completion. In the normal way, depending upon the time of completion, the purchaser may be required to take and pay for at valuation growing crops, cultivations and enhancement value.

Employees: TUPE will not apply.

Wayleaves, Easements and Rights of Way: The property is offered subject to and with the benefit of all rights of way, whether public or private all wayleaves, easements and other rights specifically referred to herein or not.

Land Drainage Rates: We understand that there are no drainage rates payable

Irrigation: The land is not irrigated.

Environmental Schemes: The land is not entered into any environmental schemes.

Basic Payment Scheme: The farmland is registered with the Rural Payments Agency under the Basic Payment Scheme. The vendor will use their best endeavours transfer the Basic Payments Scheme entitlements to the purchaser.

Exchange of Contracts: Exchange of Contracts will take place 21 days after receipt by the purchaser of a draft contract with completion by agreement thereafter. A deposit of 10% of the purchase price will be payable on exchange of contracts.

VAT: Any guide prices quoted or discussed are exclusive of VAT. In the event of a sale of the land becoming a chargeable event for the purposes of VAT, such tax will be payable in addition to the purchase price.

Viewings: Prospective purchasers may view the land during daylight hours with a set of particulars in hand. Please inform the selling agents of the time and day on which you plan to visit, and inform them of your vehicle’s registration number, make and model.

Local Authority: Broadland District Council

Solicitors: Birketts, Kingfisher House, 1 Gilders Way, Norwich, NR3 1UB c/o Edward Bellamy

Method of Sale: The property is offered for sale by private treaty as a whole.

Tenure and Possession: The property is offered for sale freehold with vacant possession upon completion.

Holdover: The vendor reserves the right of holdover if required.

Farming System: The land has previously been farmed by a local contractor on an annual agreement, and this could continue if required.

Sporting, Minerals and Timber: The rights to sporting, minerals and timber are included within the sale insofar as they are owned.

Ingoing Valuation: There will be no charge for any unexhausted, residual, manurial values nor farm held manure at completion. In the normal way, depending upon the time of completion, the purchaser may be required to take and pay for at valuation growing crops, cultivations and enhancement value.

Employees: TUPE will not apply.

Wayleaves, Easements and Rights of Way: The property is offered subject to and with the benefit of all rights of way, whether public or private all wayleaves, easements and other rights specifically referred to herein or not.

Land Drainage Rates: We understand that there are no drainage rates payable

Irrigation: The land is not irrigated.

Environmental Schemes: The land is not entered into any environmental schemes.

Basic Payment Scheme: The farmland is registered with the Rural Payments Agency under the Basic Payment Scheme. The claim for 2018 will be retained by the vendor but reasonable endeavours will be used to transfer the entitlement to future Basic Payments to the purchaser.

Exchange of Contracts: Exchange of Contracts will take place 21 days after receipt by the purchaser of a draft contract with completion by agreement thereafter. A deposit of 10% of the purchase price will be payable on exchange of contracts. If early entry is required, the purchaser will be asked to pay an additional 10% at that stage.

VAT: Any guide prices quoted or discussed are exclusive of VAT. In the event of a sale of the land becoming a chargeable event for the purposes of VAT, such tax will be payable in addition to the purchase price.

Viewings: Prospective purchasers may view the land during daylight hours with a set of particulars in hand. Please inform the selling agents of the time and day on which you plan to visit, and inform them of your vehicle’s registration number, make and model.

Local Authority: Broadland District Council

Solicitors: Birketts, Kingfisher House, 1 Gilders Way, Norwich, NR3 1UB c/o Edward Bellamy

Marketed by: Strutt & Parker, Norwich