About this property

Detailed Description

DESCRIPTION & LOCATION
The land at Sparham provide prospective purchasers with the opportunity to acquire a singe parcel of good quality arable land on the A1067 Norwich to Fakenham Road.

Located approximately 12 miles north west of the centre of Norwich City Centre and 12 miles south east of Fakenham, the land is made up of a single enclosure, in an easily work field, with frontage to the Fakenham Road on the northern boundary and Lime Kiln Road on the western boundary.

The postcode of the nearest residential property is NR9 5QU. The What3words location to the field entrance on the northern boundary
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The land, which is bounded by mature hedges, is in an area classified as Grade 2 and has been farmed by the current owners under a Contract Farming Agreement, an arrangement that could be continued for ease of management.

The previous cropping is as follows:

2022 - Sugar Beet
2023 - Winter Wheat
2024 - Pototoes
2025 - Winter Barley
2026 - Winter Oil Seed Rape
2027 - Winter Wheat

GENERAL REMARKS & STIPULATIONS
METHOD OF SALE, TENURE & POSSESSION
The property is offered for sale as a whole, freehold with vacant possession on completion.

EXCHANGE OF CONTRACTS & COMPLETION
Exchange of contracts will take place within 21 days of receipt by the purchaser/s' solicitor of a draft contract with completion no later than 14 days thereafter. A deposit of 10% of the purchase price will be payable on exchange of contracts.

SERVICES
No services are connected to the land.

OUTGOINGS
Drainage rates are payable. Any outgoings will be apportioned on completion.

INGOING VALUATION
If any works are carried out for the benefit of the 2027 harvest, the purchaser/s will pay, in addition to the purchase price, all acts of husbandry including cultivations and hedge cutting charged at CAAV rates together with the invoice cost of any seeds, fertiliser and sprays.

ENVIRONMENTAL SCHEMES
The land is not entered into an Environmental Stewardship Agreement. It is included in an SFI agreement and will be withdrawn on completion.

SPORTING RIGHTS, MINERALS & TIMBER
All sporting rights, timber or timber like trees, and mineral rights (except as reserved by Statute or to the Crown) are included in the sale.

WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The property is sold subject to, and with the 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 way-leaves whether referred to or not in these particulars.

Electricity poles cross the land.

There are no public footpaths crossing the land.

Part of the land is subject to an Option Agreement relating to the grant of a deed of easement for cables in connection with the Norfolk Vanguard West Scheme. The vendors will retain the payment of the easement payment. There is an ongoing payment for the working area, currently fenced off, which would be apportioned as at completion.

TOWN & COUNTRY PLANNING
The purchaser/s will be deemed to have full knowledge and have satisfied themselves as to any planning matters that may affect the property.

VAT
Should any sale of the land or right attached to it become a chargeable supply for the purposes of VAT, such tax shall be payable by the buyer in addition to the contract price.

PLANS, AREAS AND SCHEDULES
These have been prepared as carefully as possible and based on the Ordnance Survey data. The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

DISPUTES
Should any disputes arise as to the boundaries or any points concerning the particulars, schedules, plans and tenant right issues, or the interpretation of any of them, the question will be referred to an arbitrator appointed by the selling agent.

ANTI MONEY LAUNDERING
In accordance with Anti Money Laundering Legislation, the Buyer/s will be required to provide proof of identity and address to the selling agents once an offer is submitted and prior to solicitors being instructed.

VIEWING
During daylight hours with particulars in hand. Please contact Anne Barker on 01603 629871 or anne.barker@brown-co.com to inform us of the day and time on which you plan to view.

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.