About this property

Detailed Description

This sale offers a rare opportunity to purchase 56.78 acres of predominantly arable land in a single enclosure located south of the village of Hurley and east of the village of Nether Whitacre. There is a small area of pastureland located on site which is used by a local model airplane society, together with an area of off-road parking. There is also a small pond, located on site together with a number of trees.

Location

See attached location plan. From Hurley, proceed south along the Hurley Lane toward Brook end. Proceed through the hamlet of Brook End and the subject property is located on the left-hand side.
From Atherstone - Proceed out of Atherstone along the B4116 towards Coleshill,then through the village of Bentley and before entering the village of Furnace End take the right hand turn into Hurley Lane and the land is located on the right hand side after approximately ¾ of a mile.
WHAT 3 WORDS LOCATION: icicles.inherit.should

Services

It is understood that no mains services are connected to the property. Potential purchasers must satisfy themselves on the exact location and adequacy of the services that they may need and require.

Viewing

Please contact Brown & Co to inform us of your name, address and contact number and a reasonable time during daylight hours whilst is possession of a set of sale particulars.

Other

Soil Type:
On the Soilscape Maps the land is classified as ''freely draining, slightly acid but base rich soils''. On the MAFF produced land classification plans the land is a mixture of both Grade 2 & 3.


Basic Payment Scheme and Countryside Stewardship Scheme
The land is registered in the Basic Payment Scheme. The vendors will be retaining the 2023 payments and the purchaser will indemnify the vendors of any cross-compliance breach between completion and the 31st December 2023.
The vendors will endeavour to transfer the appropriate allocation of the delinked payment to the purchaser subject to the publication of the transfer rules and ability to do so.
The property is entered in a Countryside Stewardship Scheme, with the following options:
BE3 - Management of hedgerows
SW4 - 12 - 24 metres of watercourse buffer strip on cultivated land
AB9 - Winter bird food

The Purchaser will be required to maintain these options until 31st December 2023

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Remarks and Stipulations

Method of sale:
The property is being offered for sale on an informal tender basis. Bids are to be received either by post or email to the Brown & Co Leicester Office,5, Geoff Monk Way,Birstall,Leicester,LE4 3BU by 12.00 noon by using the attached form by the 6th October 2023. Once the vendor has accepted an offer it is anticipated that the potential purchaser will have exchanged contracts within 28 days of receiving the contract from the vendor's solicitor.



Conditions of Tender

1) All tenders are to be received by the Leicester Office no later than 12.00 noon on 6th October 2023.

2) Tenders should be marked as ''Land at Whitacre Hall Farm''.

3) It is advised that the tenders must be for a precise sum of money (Pounds sterling) It is advised that tenders should be for an 'odd' figure to avoid identical bids.
4) Tenders will not be considered which have reference to any other tender.

5) The seller reserves the right not to accept the highest bid or any bid.

6) Full name and address of both prospective purchaser(s) and their solicitors details should be provided with this tender.

7) The vendors may ask for proof of finance of the purchase prior to accepting the offer.


Ingoing Valuation and Cropping
In addition to the purchase price, the purchaser will be required to pay for the growing crop on the land at the time of completion, based upon the cost of seeds, spray, fertiliser and labour calculated on inputted contract work. It is anticipated that the crop will be winter oil seed rape, following winter wheat.



Sporting and Mineral Rights
These rights are believed to be in hand


Easement, Wayleaves and Rights of Way:
The property is sold subject to and with the benefit of any wayleaves, easements or rights of way whether mentioned or not.


Local Authority:
North Warwickshire Borough Council - Tel: 01827 715341


Plans and Particulars:
These are believed to be correct, but their accuracy is not guaranteed, and no claim can be admitted for any errors and discrepancies.


Arbitration:
Should any dispute arise between the vendor and the purchaser upon any point whatsoever (not involving a question of law) arising out of the Remarks and Stipulations, Particulars of Plan or as to the interpretation thereof, the matter in dispute shall not annul the sale, but shall be referred to the arbitration of the agents, whose decision shall be final and binding on all parties to the dispute and in every such arbitration the agents shall decide how the cost of such reference shall be borne.


Money Laundering Regulations:
Prior to a sale being finalised, prospective purchasers will be required to produce identification documents. Your co-operation with his will be appreciated, as this is in order to comply with Money Laundering Regulations and will assist with the smooth progression of the sale.


Enquiries:
Please contact Richard Newey Tel: 0116 2814931

Vendors Solicitors:
Mr Robert Poulton
Roythornes Solicitors
Enterprise Way
Pinchbeck
Spalding
PE11 3YR

Tel: 01775 842592
Email: robertpoulton@roythornes.co.uk