About this property

Detailed Description

Agricultural Land

The land is classified as Grade 3 under the former MAFF Agricultural Land Classification system.

More recent and detailed mapping provided by Soilscapes, produced by the Cranfield Soil and Agrifood Institute, indicates that the land predominantly comprises Soilscapes 7 and 18. These are described as freely draining, slightly acidic but base-rich soils, together with slowly permeable, seasonally wet, slightly acidic but base-rich clayey soils.

Part of the Land is entered into a Mid-Tier Countryside Stewardship Agreement, which expires on 31st December 2027. The successful purchaser will be obliged to accept the transfer of the Stewardship Agreement for the remainder of the Term.

Buildings

Lot 1 benefits from two modern farm buildings of steel portal frame construction, clad with corrugated steel sheeting and accessed via roller shutter doors. Both buildings have hardcore floors. One building is roofed with corrugated steel sheeting, while the other has a fibre cement sheet roof.

The approximate measurements are as follows:

Building 1 - 18.21m x 12.32m
Building 2 - 18.04m x 17.99m

Lot 1 is edged and coloured in 'pink' and Lot 2 is edged and coloured in 'blue'.

Location

The property is situated near Market Harborough, on the borders of south Leicestershire and north Northamptonshire, enjoying a strategic yet tranquil rural setting with good transport links.

The land predominantly comprises a single block extending to approximately 558.56 acres (226.08 hectares), with direct road frontage to the north onto the B664 (Market Harborough to Uppingham Road) and to the east via a minor unclassified road between Ashley and Stoke Albany.

In addition, there is a nearby off-lying field extending to approximately 16.71 acres (6.77 hectares), located to the north of the B664 and to the east of the village of Weston by Welland.

What3Words Location Sequence

Lot 1 - ///lamppost.zapped.noted*
Lot 2 -///diggers.shapeless.tickets*

*Based on principal entrances.

Accommodation

The property being sold has Freehold Title.
Lot 1 is in part subject to two Farm Business Tenancy agreements expiring by effluxion of time on 29 September 2026, with the remainder farmed in-hand under a Contract Farming Agreement also expiring on the same date.
Lot 2 is subject to an annual periodic Farm Business Tenancy, continuing from year to year, with a term date of 30 September in each year. Vacant possession will be available on 30 September 2027, subject to a valid minimum of 12 months' Notice to Quit being served on the tenant. The passing rent is approximately £105 per acre.

Viewing

Viewings are strictly by appointment only and must be arranged through the selling agents. Interested parties are kindly requested not to enter the property unaccompanied.

VAT

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

Other

Cropping Data, Tenancy Agreements and Stewardship Information will be available to be viewed via an online Data Room facility. Access to the data room can be granted, having first registered your interest with the Joint Selling Agents.

Terms

Anti-Money Laundering Regulations
In accordance with the most recent Anti Money Laundering Legislation, the Purchaser will be required to provide proof of identity and address to the Vendor's Agent once an offer has been submitted and accepted (subject to contract) prior to Solicitors being instructed.