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Property
Key information
Council tax: Band TBC
Letting details
- Availability date: 11 Oct 2023
Features and description
2.5 miles Wellingborough | 9.0 miles Kettering | 9.0 miles Northampton | 11.5 miles Bedford
THE HOLDING
The holding comprises approximately 125.51 Hectares (310.11 Acres) of predominantly Grade 3 land suitable for combinable crops and a general farm building of approximately 11,000sqft which provides grain and machinery storage. The holding has previously been farmed with an environmental focus and the Landlord wishes the incoming tenant to continue these practices.
SOIL
Applicants will be expected to produce a soil management plan. The Landlord will instruct a soil analysis to be completed as part of the ingoing Schedule of Condition, and the subsequent results will be available to the incoming tenant. Information will include details and indices and target soil condition that the successful tenant will be expected to achieve and maintain. The Landlord will charge 50% of the cost of the Schedule of Condition to the tenant. Three months before the tenancy termination date, the tenant will be required to obtain a further soil analysis as part of the outgoing Schedule of Condition.
ENVIRONMENTAL SCHEMES
The holding is not currently entered into any environmental or countryside stewardship schemes; however, the previous tenant had ELS and HLS in place from 2012 - these agreements ceased in 2022. The Landlord wishes the new tenant to continue to farm with an environmental focus, therefore prospective tenants should include detailed proposals within their tender.
BASIC PAYMENT SCHEME
Entitlements will not be included in the new tenancy and the 2023 payment will be claimed by the current tenant. The incoming tenant must ensure they comply with the requirements of the scheme until the end of 2023.
OUTGOINGS
The successful tenant will be responsible for all financial outgoings associated with the holding during occupation.
BOUNDARIES
Please note part of field number SP9063 8047 is excluded from the letting. Further details are available from the agent upon request. The incoming tenant will be deemed to have full knowledge of all boundaries.
SERVICES
It is understood that water and electricity are connected to the grain store and supplies will be sub-metered where required.
HOLDOVER AND EARLY ENTRY
The current tenant will have a potential right of holdover, details are to be confirmed. Early entry will be by negotiation.
SUSTAINABILITY MEMORANDUM OF UNDERSTANDING
The successful applicant will be expected to enter into a non-legally binding Sustainability Memorandum of Understanding (MoU), a copy of the MoU is available upon request.
TENURE
Tenders are invited for a new Farm Business Tenancy from 11th October 2023 for a minimum term of 10 years on an FRI basis (to include replacement), with a 5 year break clause and the rent payable quarterly in advance.
TENDER PROCESS
The land is offered To Let by Informal Tender with a deadline of 12 Noon on Monday 3rd July 2023. Prospective tenants should complete the tender form and send it either:
- via email to Abbie Allen using the email address: [use Contact Agent Button] and subject line "Prospect Farm Tender".
- via post or deliver by hand to the Strutt & Parker Stamford office, 5 South View, Tinwell Road, Stamford, Lincolnshire, PE9 2JL in an envelope marked "Prospect Farm Tender".
DIRECTIONS
What3words://golden.ushering.info
VIEWINGS
Viewings are strictly by appointment with the agent.
FURTHER INFORMATION
A tender form and further information are available upon request. Please contact the agent using [use Contact Agent Button] for further information.
THE HOLDING
The holding comprises approximately 125.51 Hectares (310.11 Acres) of predominantly Grade 3 land suitable for combinable crops and a general farm building of approximately 11,000sqft which provides grain and machinery storage. The holding has previously been farmed with an environmental focus and the Landlord wishes the incoming tenant to continue these practices.
SOIL
Applicants will be expected to produce a soil management plan. The Landlord will instruct a soil analysis to be completed as part of the ingoing Schedule of Condition, and the subsequent results will be available to the incoming tenant. Information will include details and indices and target soil condition that the successful tenant will be expected to achieve and maintain. The Landlord will charge 50% of the cost of the Schedule of Condition to the tenant. Three months before the tenancy termination date, the tenant will be required to obtain a further soil analysis as part of the outgoing Schedule of Condition.
ENVIRONMENTAL SCHEMES
The holding is not currently entered into any environmental or countryside stewardship schemes; however, the previous tenant had ELS and HLS in place from 2012 - these agreements ceased in 2022. The Landlord wishes the new tenant to continue to farm with an environmental focus, therefore prospective tenants should include detailed proposals within their tender.
BASIC PAYMENT SCHEME
Entitlements will not be included in the new tenancy and the 2023 payment will be claimed by the current tenant. The incoming tenant must ensure they comply with the requirements of the scheme until the end of 2023.
OUTGOINGS
The successful tenant will be responsible for all financial outgoings associated with the holding during occupation.
BOUNDARIES
Please note part of field number SP9063 8047 is excluded from the letting. Further details are available from the agent upon request. The incoming tenant will be deemed to have full knowledge of all boundaries.
SERVICES
It is understood that water and electricity are connected to the grain store and supplies will be sub-metered where required.
HOLDOVER AND EARLY ENTRY
The current tenant will have a potential right of holdover, details are to be confirmed. Early entry will be by negotiation.
SUSTAINABILITY MEMORANDUM OF UNDERSTANDING
The successful applicant will be expected to enter into a non-legally binding Sustainability Memorandum of Understanding (MoU), a copy of the MoU is available upon request.
TENURE
Tenders are invited for a new Farm Business Tenancy from 11th October 2023 for a minimum term of 10 years on an FRI basis (to include replacement), with a 5 year break clause and the rent payable quarterly in advance.
TENDER PROCESS
The land is offered To Let by Informal Tender with a deadline of 12 Noon on Monday 3rd July 2023. Prospective tenants should complete the tender form and send it either:
- via email to Abbie Allen using the email address: [use Contact Agent Button] and subject line "Prospect Farm Tender".
- via post or deliver by hand to the Strutt & Parker Stamford office, 5 South View, Tinwell Road, Stamford, Lincolnshire, PE9 2JL in an envelope marked "Prospect Farm Tender".
DIRECTIONS
What3words://golden.ushering.info
VIEWINGS
Viewings are strictly by appointment with the agent.
FURTHER INFORMATION
A tender form and further information are available upon request. Please contact the agent using [use Contact Agent Button] for further information.
Property information from this agent
About this agent
One of the UK’s leading agents in selling, buying and letting town and country houses and cottages, London houses and flats, new homes, farms and estates and residential development land around the country with expert local knowledge backed up by national expertise to ensure a quality service. With a network of over 50 offices nationwide, and 11 offices in Central London, plus our international reach through our memberships with Leading Real Estate Companies of the World® and Luxury Portfolio International, we are well placed to handle any property requirement.