About this propertyCLOSING DATE FOR OFFERS
A closing date has been set for offers. Written offers are to be submitted by 12 noon on Thursday 30th July 2020, to our Sedgefield office. For a copy of the sales particulars, offer form and any other information please contact Graeme Bruce or Elizabeth Hall at our Sedgefield office (Tel 01740 622100).
An excellent opportunity to purchase a block of good arable land, located in close proximity to the village of Lowick, Northumberland.
The Land extends to 12.34ha (30.49 acres), benefits from roadside access and is shown in its entirety edged red on the Sale Plan.
The land is in good heart and is presented to the market in excellent condition. It is classified as Grade 3 Agricultural Land. It is of the Dunkeswick series soil type, which can be described as fine loamy over clayey soil and is most suitable to arable and grassland enterprises. The land is versatile and could easily be converted to productive grassland.
The land is situated in an excellent location with roadside access from Dryburn Road. The land is located less than 200m from the village of Lowick
The location is shown by means of a red circle on the Location Plan.
The land benefits from direct access off the public highway. Access is obtained from Dryburn Road at the point marked A on the Sale Plan.
The land is for sale as a whole. The vendor may consider lotting, subject to interest.
2018 - Winter Wheat
2019 - Winter Oats
2020 - Winter Wheat
BASIC PAYMENT SCHEME
The land has been registered for Basic Payment Scheme purposes, and the non SDA entitlements shall be transferred to the successful purchaser following completion.
The 2020 scheme year payment shall be retained by the vendor in full and the purchaser will indemnify the vendor against any penalties imposed following completion (until 31st December 2020) resulting from the purchaser´s actions.
There will be no charge to the purchaser for YoungsRPS to effect this transfer.
The land is not subject to any Environmental Stewardship, Countryside Stewardship or similar schemes.
PUBLIC RIGHTS OF WAY
The land is not subject to any public rights of way.
The Vendor will erect a post and wire fence at the southern boundary on sale completion.
The Sporting Rights are included in the sale so far as they are owned.
The Mineral Rights are included in the sale so far as they are owned.
The Vendor will require a right of holdover to harvest the current crop. Vacant possession will be given as soon as harvest 2020 is completed.
EASEMENTS AND WAYLEAVES
The land is sold subject to and with the benefit of all rights of way, water, drainage, water courses, light and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.
Each party is to bear their own costs.
MONEY LAUNDERING REGULATIONS
The purchaser will be required to provide proof of identification to comply with Money Laundering Regulations.
The gross acreages have been assessed in accordance with Ordnance Survey data and interested parties should satisfy themselves in this regard.
Interested parties are to register interest with YoungsRPS and confirm the proposed viewing time. Viewing will then be permitted on foot during daylight hours with a copy of the sales particulars to hand.
Interest parties are to be aware the land is actively farmed and should bare this in mind with regards to health and safety.
Northumberland County Council. Telephone: 0345 600 6400
Particulars prepared May 2020
Photographs taken April 2020
Based on a sale price of £265,000 the total amount of stamp duty payable will be:
Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.
* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.