22.95 Acres, Church Lane

Utterby, Louth, Lincolnshire LN11 0TH

For sale by informal tender  £190,000 (Sold Subject to Contract)

Sold Subject to Contract

DESCRIPTION

A productive 23 acre arable field on the western side of the village of Utterby fronting Church Lane with potential for continued cropping or alternative uses such as grass, woodland, orchard, equestrian or other amenity uses.

LOCATION

Utterby lies around 3 miles north of Louth and 10 miles south of Grimsby. The land is located on the western edge of the village of Utterby and fronts onto Church Lane.

DIRECTIONS

From Louth, enter Utterby on A16. At the staggered crossroad at the centre of Utterby turn left onto Church Lane. Follow the road for half a mile until you reach the national speed limit signs and the field is located immediately as you leave the village on the left. The postcode for the field is LN11 0TH.

DESCRIPTION

A single arable field currently growing spring barley with an area of fallow.
2021 S Barley 8.10 Fallow 1.42
2020 Wheat 8.10 Fallow 1.42
2019 Oil Seed Rape 8.10 Fallow 1.42
2018 Wheat 8.10 Fallow 1.42
2017 Wheat 8.10 Fallow 1.42

DRAINAGE

A copy of the land drainage plan is available from the selling agents on request.

Photographs taken 23 May 2021

BASIC PAYMENT SCHEME

According to the Rural Payments Agency field No 2283 has an eligible area of 9.52 hectares. 9.52 Basic Payment Entitlements are to be included in the sale. The seller will retain the 2021 Basic Payment. A copy of the Rural Land Register plan is available from the selling agent.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY

The property is sold subject to and with the benefit of all existing easements, wayleaves and rights of way, whether public or private and whether or not mentioned in these particulars of sale. Please note that a public bridleway runs adjacent to the western edge of the field but does not form part of the property.

TENURE & POSSESSION

The land is freehold and will be sold with vacant possession subject to the seller retaining a right of holdover to harvest the growing crop, and if they wish, to bale and remove the straw.

LAND REGISTRATION

The land is registered under Title LL227204.

SPORTING & MINERAL RIGHTS

These are included in the sale in so far as they are owned.

DRAINAGE CHARGE

A General Drainage Charge is payable to the Environment Agency.

PLANNING

The land is within the East Lindsey District.
The East Lindsey Local Plan, adopted July 2018, classifies Utterby as a medium village in policy SP1.
The land is situated within the boundary of the Lincolnshire Wolds Area of Outstanding Natural Beauty.

DEVELOPMENT CLAWBACK

If planning consent is granted or the land is developed for any use other than agriculture or non commercial equestrian within 30 years from the date of the purchase the buyer or their successors in title will pay to the seller or their successors in title 50% of the increase in the value of the land with the benefit of any planning consent over its existing use value.

GROWING CROPS

It is intended that the buyer will take possession of the land when the 2021 crop has been harvested and the straw removed.

METHOD OF SALE

The property is to be sold by informal tender and solicitors will be instructed after acceptance of an offer.
Tenders must be submitted using the prescribed form. If you wish to offer for this property please provide the full name and address of the person, company or other entity who would purchase the property to allow us to instigate an electronic identification check. In some cases an electronic check will not be possible and in that case we will request sight of identity documents.
We will then be able to provide you with the tender form.

We are required to carry out this identification check on prospective buyers before they can submit a tender to comply
with the Money Laundering, Terrorist Financing and Transfer of Funds Regulations.

The tender form must be fully completed and submitted to JHWalter LLP in a sealed envelope marked externally both with
the name and address and contact telephone number of the bidder and the heading Tender - Land at Utterby or by an attachment to an email to tenders@jhwalter.co.uk.

The vendor is not bound to accept the highest or indeed any tender.

Offers must be made for a fixed amount and must not be linked in any way to other offers which may be received.

The deadline for receipt of tenders is 12 noon Friday 23 July 2021.

TIMING

It is the sellers preference that contracts will be exchanged within 28 days of acceptance of the offer with a 10% deposit with
completion on 15 September 2021 or earlier.

VIEWING

It is the sellers preference that contracts will be exchanged within 28 days of acceptance of the offer with a 10% deposit with
completion on 15 September 2021 or earlier.

PLANS

The attached plans are for identification purposes only and do not constitute part of the contract. They are not to scale.

VAT

It is not thought that the sale will attract VAT. However in the event that the property is subject to VAT this will be payable in
addition to the purchase price.

AGENT

JHWalter LLP, 1 Mint Lane, Lincoln, LN1 1UD

Tim J Atkinson
01522 504313
07919 694224
timatkinson@jhwalter.co.uk

Elizabeth Copeland
01522 504335
elizabethcopeland@jhwalter.co.uk

SELLER'S SOLICITOR

Chattertons Solicitors & Wealth Management
5 South Street
Horncastle
Lincolnshire
LN9 6DS

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

* Please Note: If Google Street View appears with no imagery, it is not available for this property

Click to enlarge:

Click to enlarge: