A useful block of arable land extending to approximately 24.59 acres with access off the A46


Situation and description

The land is located approximately 2 miles to the north of the market town of Newark, Nottinghamshire. The land benefits from two access points, road frontage off the A46 and a secondary access via Winthorpe Road.
Extending to approximately 24.59 acres (9.95 ha) the predominantly level arable land is enclosed by mature hedgerows and post and wire fencing in part.

Land Quality and Soil Type
The land is classified as Grade 3 according to the Natural England Regional Agricultural Land Classification Maps. The soils may be described as Loamy and clayey floodplain soils with naturally high groundwater.

Basic Payment Scheme and Environmental Schemes
The property is registered with the Rural Payments Agency for the basic payment scheme. Payments for the current scheme year will be retained by the outgoing tenant. The purchaser(s) will be required to indemnify against any loss due to a breach of cross compliance up to the end of the current scheme year. The land is subject to a mid-tier countryside stewardship scheme. Further details are available from the selling agent.

VAT
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part thereof or any right to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition to the sale price.

Sporting, Mineral and Timber Rights
The sporting, mineral and timber rights will be transferred with the freehold title where owned.

Nitrate Vulnerable Zone (NVZ)
The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions.

Overage
The land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors or their successors in title should such development occur within 25 years from the date of completion. The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent but shall not be triggered by any development for agricultural and/or equestrian purposes.

Tenure and Possession
The freehold of the property is to be sold subject to a periodic farm business tenancy. Further details are available from the selling agents. The land is offered for sale by private treaty and is available as a whole.

Local Authority
Newark and Sherwood District Council

A46 Newark Bypass
National Highways are proposing an improvement to the A46 Newark Bypass and the proposal is currently under consultation.

The proposed scheme may affect the Property. Further details available upon request.

Public Rights of Way, Wayleaves and Easements
The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

Plans, Schedules and Boundaries
The plans and schedules within these particulars are based on Ordnance Survey data and are provided for reference only. These plans are believed to be correct but accuracy is not guaranteed. Purchasers shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendors nor the vendor's agents will be responsible for defining the boundaries or the ownership thereof.

Services
Prospective Purchasers must satisfy themselves as to the availability of services and any future connections.

Viewings
Viewings of the land may be undertaken during daylight hours only and with a copy of these particulars to hand. Viewers must confirm the time of their inspection to the selling agent prior to arrival. Please note the property is a working farm and viewers must take precautions with livestock and potential farm machinery on the property.

Directions
Nearest Postcode – NG24 2AA

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From Newark town centre, head north on the B6326 for approximately 0.5 miles. At the roundabout, take the fourth exit onto the A46. Continue for approximately 1.9 miles and the access can be found on the left hand side, identified by the Fisher German ‘For Sale’ board.