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Spring Farm, Trowell Moor, Trowell

5 bedrooms, Offers over £1,250,000

Sale Agreed
5
1
2

For sale by informal tender as a whole or in two lots. Lot 1 is a 5 bedroom farmhouse. Lot 2 is 68 hectares (168.03 acres) or thereabouts of predominantly arable land with a range of traditional and modern farm buildings. The land excluding the house and buildings is subject to a protected Agricultural Holdings Act tenancy with succession rights.

SPRING FARM

Trowell Moor, Trowell, Nottingham, NG9 3PQ For sale by informal tender with a deadline for the receipt of offers of 12 noon Wednesday 28th February 2018.

Lot 1

For sale by informal tender as a whole or in two lots. Lot 1 is a 5 bedroom farmhouse. Lot 2 is 68 hectares (168.03 acres) or thereabouts of predominantly arable land with a range of traditional and modern farm buildings. The land excluding the house and buildings is subject to a protected Agricultural Holdings Act tenancy with succession rights.

SPRING FARM

Trowell Moor, Trowell, Nottingham, NG9 3PQ For sale by informal tender with a deadline for the receipt of offers of 12 noon Wednesday 28th February 2018.

Lot 1 - The Farmhouse offers in excess of £350,000. Lot 2 - The land, buildings and telecoms mast offers in excess of £900,000.

The property is also available as a whole offers in excess of £1,250,000.

DESCRIPTION For sale by informal tender as a whole or in two lots. Lot 1 is a 5 bedroom farmhouse. Lot 2 is 68 hectares (168.03 acres) or thereabouts of predominantly arable land with a range of traditional and modern farm buildings. The land excluding the house and buildings is subject to a protected Agricultural Holdings Act tenancy with succession rights.

LOCATION The farm is located to the west of Nottingham off Nottingham Road (A609) and to the east of Trowell and the M1.

DIRECTIONS The farm has an entrance directly off Nottingham Road (A609) to the west of the traffic lights at the junction of the A609/A6002. The house and yard are down the second turning to the right off this track as signposted at the main road to 'Spring Farm Shop'. Please be aware the postcode does not lead directly to the farm.

METHOD OF SALE The farm is offered for sale by informal tender with a deadline for the receipt of offers of 12 noon Wednesday 28th February 2018. A tender form is available with the information pack.

Exchange of contracts will take place no later than 28 days after an offer is accepted.

ACCOMMODATION

Lot 1 - THE FARMHOUSE A brick rendered 5 bedroom property, outlined in blue on the front cover plan for identification purposes only. Freehold with vacant possession upon completion.

Ground Floor

Entrance Hall

Hallway

Sitting Room

Kitchen

Dining Room

Side Porch

WC

Utility

Pantry (Cellar)

First Floor

Landing

Family Bathroom

Master Bedroom

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Study

Outside

Garden

Brick outbuildings

including:

Coal shed

Outside WC

General Store

Outgoings The Property is listed as Tax Band F for Council Tax.

Services Mains water and electricity are connected to the farmhouse and buildings. Domestic foul drainage is to a private system. No services, systems or appliances have been tested.

Lot 2 - LAND AND BUILDINGS

LAND Outlined in red on the front cover plan, for identification purposes only.

68 hectares (168.03 acres) or thereabouts of predominantly arable land with Land Classification grades 2 and 3.

The soils are described by Soilscape (England) as slowly permeable seasonally wet acid loamy and clayey soils with some freely draining lime-rich loamy soils and a small area of restored soils mostly from quarry and opencast spoil. The land has previously cropped winter cereals.

FARM BUILDINGS 1a&b. Traditional Stables (3 x stables plus 4 x store rooms) Traditional brick under pantile roofed buildings housing three stables and four store rooms.

2. Farm shop (4.30 x 21.89m) of brick under tile roof.

3. General purpose building (12.64 x 15.12m) of concrete block walls under corrugated fibre cement sheet roof.

4. Lean-to housing stables (7.56 x 16.27m) of brick under pantile roof.

5. Agricultural building and store (27.52 x 6.3m) of brick under pantile part corrugated roof.

6. General purpose building (4.98 x 11.83m) of brick under metal corrugated sheet roof.

7. Poultry shed (14.03 x 10.89m) with a timber frame, timber clad sides under corrugated metal sheet roof.

8. Open sided building (13.00 x 10.50m) timber pole frame under corrugated fibre cement sheet roof.

9a&b. Double apex roofed general purpose agricultural buildings (19.88 x 28.72m) and (4.09 x 4.20m) open fronted with metal corrugated cladding under corrugated fibre cement sheet roof.

10. Dilapidated open sided building (9.29 x 6.35m) of concrete frame under corrugated fibre cement sheet roof.

11. General purpose building (5.00 x 12.90m) of concrete frame with part metal sheet cladding under corrugated fibre cement sheet roof.

12. Nissen Hut (11.79 x 12.00m) of corrugated metal sheets.

13. Manège 14. General purpose agricultural building (10.53 x 18.63m) open fronted with timber frame and metal sheet cladding under corrugated fibre cement sheet roof.

A number of the buildings are tenant's fixtures.

Telecom Mast This is located to the north of building 10 with a passing rent of £5,500 per annum. Further details are available in the information pack.

BACKGROUND

Tenure & Possession The majority of Lot 2 is subject to an AHA tenancy. Further information is available in the information pack.

Agricultural Holdings Act Tenancy The Vendor and her son, Richard Haynes, are joint tenants of an Agricultural Holdings Act Tenancy dated 1st October 1979. The rent passing is £7,800 per annum and is under review. There are a number of diversification activities on the farm including a farm shop, caravan storage and equestrian activities.

HS2 Purchasers should be made aware that the High Speed 2 proposed route does effect the land at the northwest extremity of the farm by the M1.

Listing It is believed none of the buildings on the Property are listed.

GENERAL REMARKS AND STIPULATIONS

Clawback The Vendor reserves the right to receive 30% of any uplift in value in the event that planning permission is granted for a non-agricultural use within a period of 80 years from completion of the sale. Further details are available in the information pack.

Sporting, Minerals and Timber All sporting, timber and mineral rights, in so far as they are owned, are included in the sale.

Value Added Tax Should any sale of the farm, as a whole or in lots, or any right attached to it become a chargeable supply for the purpose of VAT, such tax shall be payable by the Purchaser in addition to the contract price.

Contracts and Quotas It is believed that there are no contracts or quotas attached to the land.

Basic Payment Scheme The Basic Payment Scheme Entitlements are held by the tenant and are not included in the sale.

Environmental Schemes The Vendor is not aware of any environmental schemes being in place over the land.

Plans, Areas and Schedules The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

Wayleaves, Easements and Rights of Way

The farm is sold subject to and with the help and benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights, easements, quasi-easements and all wayleaves whether referred to or not in these particulars. We understand there to be a Bridleway/National Trail running east to west across the holding just below the woodland.

Fixtures and Fittings All fixtures and fittings are excluded from the sale unless specifically referred to in these particulars.

Disputes Should any dispute arise as to the boundaries or any point arising in the General Remarks and Stipulations or Particulars of Sale, schedule, plan or interpretation of any of them the question shall be referred to the arbitration of the selling agent, whose decision acting as expert shall be final. The Purchaser(s) shall be deemed to have full knowledge of all boundaries and neither the Vendor nor the Vendor's agents will be responsible for defining the boundaries or the ownership thereof.

Viewing It is anticipated that set viewing days will be arranged. Please contact the Vendor's agents for further details. Viewing is strictly by appointment only.

Health & Safety The Property is part of a working farm and therefore, viewers should be careful and vigilant whilst on the holding. Neither the Vendor nor the Vendor's agents are responsible for the safety of those viewing the Property and accordingly those viewing the Property do so at their own risk.

Vendor's Solicitors

Rothera Sharp

2 Kayes Walk

Stoney Street

The Lace Market

Nottingham

NG1 1PZ

T: 0115 910 6267

Richard Hammond

Vendor's Agents

Brown & Co

Granta Hall

6 Finkin Street

Grantham

NG31 6QZ

T: 01476 514455

Martin Herbert:martin.herbert@brown-co.com

Emma Houghton:emma.houghton@brown-co.com

Photographs taken 12.09.17.

Town & Country Planning The Property falls under the jurisdiction of Broxtowe Borough Council, Foster Avenue, Beeston, Nottingham, NG9 1AB. Tel. 0115 917 7777.

The land has long term development potential.

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