Banfield Farm

REMARKS & STIPULATIONS

An opportunity to purchase an extensive holding, subject to an Agricultural Holdings Act 1986 Tenancy. The tenant has held the tenancy of the farm since 1981, with his father farming the land before him. They are currently running a suckler herd on the farm. The land extends to 254 acres which is split into two blocks and extends out to the River Severn, included access to some saltings. The farm buildings all belong to the landlord, three are stone built traditional buildings and five are modern agricultural buildings. The six bedroom farmhouse is adjacent across Wick Road, both farmhouse and farm buildings are occupied by the tenant.

SERVICES

There is mains water and electric to the farmhouse and farm buildings with mains water to a number of the fields.

DESIGNATIONS

The land is adjoining the River Severn and is within a Ramsar area, a Site of Special Scientific Interest and Sites of Nature Conservation Interest.

TENURE

The freehold of the property is offered for sale subject to an Agricultural Holdings Act 1986 Tenancy dated 17th October 1981. The tenancy was held by the current tenant's father; however, a new tenancy was granted in 1981 and therefore the tenant still enjoys two rights of succession. The current tenant has two children who are currently working on the farm.

The passing rent is £14,600 and a rent review notice can be served to review the rent prior to 29th September 2023. The tenancy is under model repairing clauses and the landlord is responsible for insuring the farm buildings and farmhouse.

The rent is collected half yearly, on Lady's day and Michaelmas. A copy of the tenancy agreement can be made available to interested parties.

LOTTING & RESERVE

It is anticipated that the property will be offered as shown but the vendor reserves the right to withdraw, alter or amend the extent of the property being offered.

BOUNDARIES

The ownership of the boundaries where known are shown by “T” marks and otherwise are believed to be in accordance with the custom of the country. The purchaser shall be deemed to have full knowledge of the boundaries and neither the vendor nor the agent should be required to produce evidence as to the ownership of the boundaries.

VIEWING

Viewing of the land and/or buildings is to be strictly by appointment with the Agents, David James. Tel

VENDORS SOLICITOR

Mayo Wynne Baxter, 3 Bell Lane, Lewes, East Sussex, BN7 1JU

LOCAL AUTHORITY

North Somerset Council, Walliscote Grove Road, Weston-super-Mare, BS23 1UJ