Strategically positioned productive arable and grassland between Bishop Auckland and Newton Aycliffe.

Description

*Closing date for offers - Thursday 28th October*

The land at New House Farm extends to about 111 acres (45 Ha) in all, south of Shildon with road frontage to and access direct from the A6072. The land predominantly comprises of large arable fields in a ring fence block.

The arable land gently undulates and is well suited to cereal cropping, soils are classified as Grade 3 under the MAFF Provisional Agricultural Land Classification. The land is bound in part by mature trees and hedges, which add to the amenity and appeal of the land.




Acreage: 111 Acres

Directions

Post Code - DL4 2QB (nearest)

Additional Info

Rights of Way, Easements & Wayleaves - The land is sold subject to, and with the benefit of all existing wayleaves, easements and rights of way, public and private whether specifically mentioned or not. Local electricity lines and public footpaths cross the land.
The land benefits from a right of way over the access track to New House Farm, with reciprocal rights in place over the section of lane included in this sale. Both parties have the right to use the lane for all purposes and at all times, with no requirement on either party to upgrade the lane beyond current condition. Maintenance of the lane is subject to a division of cost, 75% to the owner of New House Farm, 25% to the owner of New House Farmland (purchaser).
Local Authorities - The land strides the boundaries of Durham County Council and Darlington Borough Council.
Subsidies & Grants - The farmland is registered on the Rural Land Registry where eligible, Basic Payment Scheme (BPS) Entitlements are included in the sale. The Entitlements have been claimed in 2021. The selling agents will endeavour to facilitate transfer to the purchaser in readiness for the 2022 claim, the charge for which, will be £200+VAT per transaction. The land currently forms part of a wider Countryside Stewardship Mid-Tier agreement which expires in December 2022. It is intended the successful purchaser would work with the vendor to subdivide the agreement or continue with the scheme obligations for the remainder of the term. Further details available on request.
Sporting Rights - The sporting rights are included insofar as they are owned.
Mineral Rights - The vendors except all mines and minerals from the sale.
Services - The vendors have no knowledge of the connection or availability of services.
Tenure - The freehold of the farmland is offered for sale with vacant possession following harvest 2021.
Sale conditions - The land is sold subject to a development overage set at 30% of any uplift in value as the result of the grant of any planning consent, for a period of 40 years from the date of completion of the sale. Excepted forms of development are agriculture (including renewable energy crops), equestrian, forestry or open field horticulture.
Method of sale - The land is offered for sale by private treaty as a whole, offers for part or sub-lots of the land may be considered. All prospective purchasers are encouraged to register their interest with the selling agents.