Land to rent

A holding comprising of approximately 115 acres (46.54 hectares) of arable land and farm buildings. Available to let on a 10 year Farm Business Tenancy.

TENDER DEADLINE 14TH JUNE 2024 AT 12 NOON.

FBT Opportunity
The holding comprises of approximately 115 acres (46.54 hectares) of arable land and farm buildings. The letting will be on a 10 year Farm Business Tenancy.

Situation / Location
The land is located to the south east of the town of Brandon, approximately 5 miles north of Elveden and 10.5 miles north east of Mildenhall.

The Land
The extent of the land is shown edged red on the plan. The soil survey of England and Wales records the land as being of Worlington Soil Association, a deep well drained sandy soil in places very acid with subsurface pan. This soil is suitable for growing barley and sugar beet.

Buildings
Situated on the holding are four buildings.

Access
The holding has good road access via Lingheath Road.

Timber, Mineral and Sporting Rights
Timber and sporting rights will be let with the land. The minerals will be reserved to the Landlord.

Tenure and Possession
The land is being offered to let on a Farm Business Tenancy to be documented on a standard agreement, whereby:-
• The letting will be on 10 year basis.
• The rent will be payable half yearly in advance.
• The use of the land will be restricted to growing of agricultural crops.
• Standard repairing and land maintenance obligations will be imposed on the Tenant, ie the Tenant will be responsible for keeping the land in good condition, maintaining hedges, ditches and tracks.
• The Landlord will make standard reservations regarding access, minerals, water, timber, sporting etc.

Timing
The tenancy offered will start on 11th October 2024 until 10th October 2034.

BPS
There are no BPS payments available with this land.

Environmental Schemes
There are no environmental schemes on this land.

VAT
The Landlord had not made an election to charge VAT on the rent received.

Method of Tender
Offers to rent are invited, with a closing date of the 14th June 2024 at midday, on the following terms:-

1. All offers should be received at Lacy Scott & Knight’s Bury St Edmunds Office by 12 noon on 14th June 2024.
2. All offers should be in writing and will be treated as being ‘Subject to Agreement’. If any offer is made conditional on some other factor this should be clearly stated. Envelopes should be sealed and clearly marked “Land at Lingheath Road, Brandon”.
3. All offers should be for a specific sum (sterling) for the year and for an uneven amount to reduce the possibility of duplication of offers. The sum will be payable half yearly.
4. No offer should be made calculable by reference to another offer.
5. The successful applicant will be expected to sign the tenancy agreement and pay 6 months rent upon signing the agreement. The payment will be held in the Agent’s client account pending the start of the tenancy.
6. The Landlord reserves the right not to accept the highest or any other offer.
7. Applicants will be notified in writing of their success or otherwise as soon as possible after the closing date.

Rights of Way, Easements and Wayleaves
The land will be let with the benefit of and subject to all rights of way (whether public or private), water drainage, sewerage, light, wayleaves and other easements, if any, and subject to all outgoings or charges connected with or chargeable upon the property whether mentioned herein or not. The Agents, and the Tenant(s) shall be deemed to have satisfied themselves as to the description of the property, and any error or misstatement shall not annul the letting nor entitle either party to compensation. The plans are for identification purposes only. In the event of any discrepancy between the plans and schedule of acreage, the schedule of acreage shall prevail.

Directions
From the Agent’s Bury St Edmunds Office head north on the B1106 passing through Culford. After 14.5 miles you will approach Brandon. Turn right onto Green Road. Continue on Green Road for 0.5 miles and turn right onto Lingheath Road, Head down Lingheath Road and you will reach the track to the holding.

Postcode
The nearest residential postcode is IP27 0SY.

What3Words
Replace.Windmill.Homes

Viewings
By prior appointment with the Agents during daylight hours and with these particulars in hand. For further details please contact Crispin Muir or Eleanor Pratt.