Land

Rooms

FBT Opportunity
Extending to 355.32 acres (143.79 ha) in total, the holding comprises of approximately 353.37 acres (143 ha) of arable land and 1.95 acres (0.79 ha) of permanent grassland. Included within the tenancy are useful grain stores situated within a concrete yard. The letting will be available on a five year Farm Business Tenancy on the terms set out herein.

Location
The land at Leffey Hall Farm is located in the village of Buxhall, approximately 6.2 miles west of Stowmarket and 13.3 miles south east of Bury St Edmunds.

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 411d (Hanslope) soil type, suitable for growing winter cereals, some other arable crops and some grassland, and 572q (Ashley) soil type suitable for growing winter cereals, some short term grassland and some sugar beet. The land is designated as Grade 3 on the Agricultural Land Classification map.

Yard & Buildings
Included within the tenancy are four modern grain stores situated within a concrete yard extending to approximately 0.7 acres. Water is available via a standpipe in the yard. The buildings will be subject to a holdover by the Landlord until 31st January 2025. Please see the particulars for further information.

Minerals, Timber and Sporting Rights
All minerals, timber and sporting rights will be let with the land.

Basic Payment Scheme
There are no BPS payments available with this land.

Environmental Schemes
There are no environmental schemes on this land.

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 a five 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 and will end on 10th October 2029.

Method of Tender
Offers to rent are invited, with a closing date of 3rd September 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 3rd September 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 Leffey Hall Farm”. 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 application 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 (truncated)

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

Right 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 Stowmarket office, take the A1308 onto Tot Hill turning left onto Haughley Road after 2.9 miles. Once on Haughley Road head straight through Harleston for 4.2 miles. Take a right onto Cutler’s Lane. At the end of the road, turn left onto Lower Road and then turn right after 0.4 miles. This road will take you through Buxhall. At St Mary’s Church, Buxhall turn right onto Brettenham Road. After 1.8 miles you will arrive at the farmyard of Leffey Hall Farm.

Postcode
The nearest postcode is IP14 3DX.

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Viewings
Via prior appointment with the Agents during daylight hours and with these particulars in hand. For further details please contact Gerard Smith or Eleanor Pratt.