Home Rural Rural Property Farm land for sale, Sedgefield, Stockton-on-Tees, TS21
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About this property

LOCATION
The farm is situated two miles to the east of Sedgefield, in the hamlet of Butterwick in the south of County Durham benefitting from excellent road links via the A689 to the A19 at Wolviston 4.6 miles to the east, and the A1(M) at Bradbury 5.5 miles to the west. Connections to East Coast mainline services are at Darlington (14.8 miles south) and Durham City (13.4 miles north).

DESCRIPTION
Lot 2 comprises ring fenced arable land, comprising of 64.44 acres (26.07 ha) of arable land, split into three parcels with good roadside access.

THE LAND
The land at Pilmour Farm is currently farmed in an arable rotation.The land is subject to a one year Farm Business Tenancy which terminates on 30th September 2023.

PUBLIC RIGHTS OF WAY
There are believed to be no public rights of way exercised on the farm, but enquiries of the relevant authority must be relied upon.

EASEMENTS AND WAYLEAVES
The land and property are sold subject to and with the benefit of rights of way, water, drainage, water courses, light and other easements, quasi reputed easements and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.

In particular a right of way exists to a borehole at the south west corner of the farm in favour of Hartlepool Water.

BASIC PAYMENT SCHEME
Basic Payment Scheme Entitlements are not included in the sale.The 2023 Scheme year payment shall be retained by the Tenant in full and the purchaser following completion and expiry of the Farm Business Tenancy will indemnify the vendor against any penalties imposed following completion (until 31st December 2023) resulting from the purchaser´s actions.

ENVIRONMENTAL SCHEMES
The farm is not part of any environmental schemes.

MINE & MINERAL RIGHTS
The mine and mineral rights are largely excepted from the sale but included where they are owned.

SPORTING RIGHTS
The sporting rights are in hand and included with the freehold interest.

SERVICES
The farm is served by mains water and electricity connections.

BOUNDARY LIABILITIES
Boundary liabilities, to the best of the vendor´s knowledge, are shown by means of inward facing T-marks on the sale plan. The northern boundary of Lot 1 does not currently exist on the ground and the location of the boundary shall be marked in field prior to completion of the sale.

ACREAGES
The gross acreages have been assessed in accordance with Ordnance Survey data and interested parties should satisfy themselves to this regard.

COSTS
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.

LOCAL AUTHORITY
Durham County Council.

A DEADLINE FOR BEST & FINAL OFFERS HAS BEEN SET of 12 noon, Friday 7 April 2023. For more information, including an offer form, please contact our Sedgefield office on 01740 622100.

Particulars prepared: January 2023
Photographs taken: November 2022

Location

Stamp duty due

Based on a sale price of £585,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Farm land for sale, Stockton-on-Tees - Property floorplan
  • Farm land for sale, Stockton-on-Tees - Property floorplan