LAND AT LEAMSIDE HOUGHTON-LE-SPRING, DURHAM DH4 6QS

Transcription

1 LAND AT LEAMSIDE HOUGHTON-LE-SPRING, DURHAM DH4 6QS Arable land extending to approximately 5.97ha (14.75 acres) benefitting from direct access from the main road. Guide Price: 147,500 H&H Land and Property Ltd Aykley Heads Business Centre, Durham, DH1 5TS T: E: Also at: Borderway, Rosehill, Carlisle, Cumbria, CA1 2RS Regulated by RICS. Registered in England No: Registered Office: Borderway Mart, Rosehill, Carlisle, Cumbria CA1 2RS

2 IMPORTANT NOTICE H&H LAND AND PROPERTY Ltd for themselves and for the Vendor or Lessors of this property, whose Agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, areas references to condition and necessary permissions for use and occupation and other detail are given as a guide only and without responsibility and any intending Purchasers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves, by inspection or otherwise, as to the correctness of each of them; (iii) no employee of H&H LAND AND PROPERTY Ltd has the authority to make or give any representation or warranty whatever in relation to this property nor is any such representation or warranty given whether by H&H LAND AND PROPERTY Ltd. or the Vendors or the Lessors of this property. (iv) The making of any offer (bid) for this property will be taken as an admission by the intending Purchaser that s/he has relied solely upon his own personally verified information, inspection and enquiries. (v) The photographs depict only certain parts of the property. It should not be assumed that the property remains as displayed in the photographs. (vi) Where any reference is made to planning permissions or potential uses, such information is given by H&H LAND AND PROPERTY Ltd in good faith. Prospective Purchasers should make their own enquiries with the Local Planning Authority into such matters. (vii) The Vendors reserve the right to amalgamate, withdraw or exclude either of the Lots shown at any time and to generally amend the particulars or method of sale. (viii) The property is sold subject to reserve(s). (ix) H&H LAND AND PROPERTY Ltd reserve the right to sell privately without imposing a closing date and do not bind themselves to accept the highest or any offer. These particulars have been prepared in accordance with The Business Protection from Misleading Marketing Regulations to give a fair overall view of the property. Particulars prepared August 2014 As agents to the Agricultural Mortgage Corporation we can assist with loans for any farming purpose If you are thinking of selling your property or would like a market appraisal, contact the team at H&H Land and Property Limited

3 Particulars of Sale Location The land is located within the village of Leamside, Houghton le Spring. The village of Leamside is located just off the A690 dual carriageway. It is situated approximately 5 miles to the North East of Durham City and approximately 15 miles to the south of Newcastle upon Tyne. Directions To reach the land, from Durham, take the A690 towards Sunderland. After passing over the A1 motorway roundabout, continue on the A690, taking the next exit, signposted Leamside and West Rainton. Take your first left signposted Finchale Priory and continue on this road, over the railway bridge. The land is located on your left down a single track road. Description of Land The land is located within the village of Leamside and is well situated just off the A690 and has good access to the A1. The land extends to approximately 5.97 hectares (14.75 acres) and is currently in arable production. It is not believed there is any water to the land. The land is shown verged with red on the attached plan. It is accessed via a single track lane off Station Road. The lane is owned by a third party; however the current owners of the land have rights to use this lane to access their land. The lane is shared with other users and marked on the attached plan. Access is shown on the attached plan with a red cross. Tenure The land is believed to be Freehold. The land is sold subject to a 1 year non-secure Farm Business Tenancy from 6 th October st October This agreement can be terminated by giving no less than 4 weeks notice. The annual rent is 1, If the agreement is terminated prior to the end of the term, compensation payable to the Tenant shall be limited to:- 1. the reasonable cost of cultivations and seeds on the land to be taken incurred by the Tenant to date since the last harvest or the beginning of the tenancy whichever is the later and 2. the repayment of a pro-rata apportionment of the rent for the part of the Holding taken excluding the proportion of the rent attributable to that part of the Holding in respect of which any previous crop has been harvested under the Agreement.

4 Single Farm Payment There are no Single Farm Payment Entitlements included in the sale. Sporting & Mineral Rights It is unknown whether the sporting rights are included. The mineral rights are not included in the sale. Restrictive Covenant & Clawback The sale will be subject to a restrictive covenant limiting the use to agricultural and noncommercial equestrian uses only. In the event that the Buyers or their successors in title obtain planning consent to carry out any form of development (other than for agricultural use) they will pay 50% of the net uplift in value to the Sellers. This provision will run for 25 years from the date of purchase. Burdens The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. The Buyers will be held to have satisfied themselves as to the nature of such burdens and for further details are advised to contact the Seller's Solicitor, Mr D James, 5 Web s Orchard, Ashperton, Nr Ledbury, Hertfordshire HR8 2SW. Viewing Viewing is permitted at any reasonable time with the possession of a set of these particulars constituting authority to view. Anyone viewing is respectfully asked to ensure that any gates are securely closed on leaving the property. Method of Sale The property is to be sold by Private Treaty. The Vendors reserve the right to amalgamate, withdraw or exclude any of the property shown at any time or to generally amend the particulars.

5 / Land at Leamside G G Access Point Crown Copyright All rights reserved. Licence number Date: January 2015 Our Ref: DS11 Plan No: V5 Illustation Only Borderway, Rosehill, Carlisle, CA1 2RS Tel:

6 / Land at Leamside - Location Plan Land at Leamside Crown Copyright All rights reserved. Licence number Date: September 2014 Our Ref: DS11 Plan No: V3 A4: Borderway, Rosehill, Carlisle, CA1 2RS Tel:

7 OFFER FORM LAND AT LEAMSIDE SUBJECT TO CONTRACT Name: Address:..... Contact Details Daytime Tel: Home Number: Address: I wish to Offer for the land shown verged with red:- My solicitors are: Signed:. Dated: Please return to: Helen Russell, H&H Land and Property Ltd, Aykley Heads Business Centre, Durham DH1 5TS. helen.russell@hhland.co.uk