Arable Land at Rigsby Near Alford, Lincolnshire, LN13 0AL

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1 Arable Land at Rigsby Near Alford, Lincolnshire, LN13 0AL Highly Productive Lincolnshire Wolds Arable Land Acres ( Hectares) for sale as a whole or in 2 Lots Including Single Farm Payment Entitlements Freehold with vacant possession upon completion For Sale by Informal Tender 12 noon Friday the 29 th November, 2013

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4 Arable Land at Rigsby Near Alford, Lincolnshire, LN13 0AL AGENT S COMMENTS This is a rare opportunity to acquire a large block of highly productive arable land all within a ring-fence at Rigsby within an Area of Outstanding Natural Beauty on the edge of the Lincolnshire Wolds. The land is being offered for sale as a result of restructuring by the Read Family (Rigsby Farming Co Ltd). SITUATION The land is situated on the south side of the small village of Rigsby being approximately 2 miles to the west of the market town of Alford in the eastern part of Lincolnshire (please see the attached location plan). Louth 13 miles Horncastle 16 miles Lincoln 38 miles ACCESS Both Lots 1 & 2 have good road frontage onto the public highway at Rigsby with access points at convenient intervals. In addition, Lot 2 has the benefit of a right of way from the A1104 adjacent to the residential property known as Ulceby Lodge. VIEWING These particulars constitute a permit to view the land at any reasonable time of day and the existing voluntary field margins may be used with care to access the land. Consideration should be taken of all growing crops and interested parties must take care of any potential hazards (including game shooting as detailed below) and enter entirely at their own risk. TENURE & POSSESSION The land is freehold and is being sold with full vacant possession upon completion (early entry onto the land will be considered subject to the payment of a double deposit i.e. 20%). SINGLE FARM PAYMENT All the land is registered with the Rural Payments Agency and a total of hectares (Lot hectares and Lot hectares) of Non SDA Single Payment Scheme Entitlements will be transferred to the purchaser at no additional cost.

5 STEWARDSHIP SCHEME All the land is part of an Entry Level Stewardship Scheme with Natural England but only the hedges are specified options. This is a 5 year agreement which commenced on 1 st August 2010 and is due to terminate on 31 st July Ideally the purchaser will continue the scheme until the termination date. NON AGRICULTURAL LAND USE Shooting Rights - The shooting right are included but for the 2013/14 shooting season (up to and including the 1 st of February 2014) they have been let to Rigsby Shoot. There is an area of cover crop in Forty Acre (Lot 1) and Chalk Pit (Lot 2). When viewing the land consideration should be shown to cover crops, game and shoot dates (please see details as in the covering letter). Garden Land - To the rear of Ulceby Lodge in (Lot 2) there are several temporary garden structures including polytunnels. None of the garden structures are included in the sale of the land and they will be removed upon request. The concrete bases are the remains of a former dairy and will not be removed. By permission, the former occupant of Ulceby Lodge gardened this area. Chalk Pits etc. - The disused pit and adjoining grass area within Chalk Pit field (Lot 2) is being retained by the seller. The dividing boundary is as pegged on site and the area measured and deducted from the area of this field is 1.67 acres (0.68 hectares). The existing farm road is included within the area of Lot 2 but will be subject to a Right of Way in favour of the seller giving access to the retained area. There is a small pit (on western boundary) in Forty Acre (Lot 1) and concrete bases being the remains of Top Barn (on northern boundary) in Brods & Burnetts (Lot 2). GRADE, SOIL ETC. The whole area is scheduled Grade 2 as detailed by the Agricultural Land Classification for England & Wales. The soil type is described as Andover 1 Chalk being calcareous soils and is gently undulating. All the land lies within a Groundwater Nitrogen Vulnerable Zone Area as designated by the Environment Agency. UNDER DRAINAGE The land is naturally free draining and has not required under draining. GROWING CROPS The seller has drilled all the land (except Chalk Pit field in Lot 2) and the purchaser will pay, in addition to the purchase price, the cost of cultivations (the cost determined by reference to the CAAV Guide to Costings 2013 ) plus the cost of seeds, fertilizers and sprays applied to the growing crop until the purchaser takes possession; the seller undertakes to manage the growing crops until early entry or completion whichever the sooner. VAT will be charged where applicable; there will be no other Tenant Right payable nor counter claim for any Dilapidations whatsoever. LAND DRAINAGE RATES A land drainage charge is raised by the Environment Agency; for the year ending 31 st March 2014 the rate is 3.01 per hectare ( 1.22 per acre). SPORTING, TIMBER & MINERAL RIGHTS Sporting, timber and mineral rights are included in the sale insofar as they are owned, subject to statutory exclusions. RIGHTS OF WAY, EASEMENTS & WAYLEAVES The land is crossed by two public footpaths, the positions of which are shown on the attached plan. There are two overhead electricity lines including poles. All the property is sold subject to all rights of way (whether public or private), light, air, drainage and other easements, rights, liabilities, wayleave consents and privileges which may affect it whether referred to or not in these particulars. LOCAL AUTHORITIES Lincolnshire County Council Newland, Lincoln, LN1 1YW East Lindsey District Council Tedder Park, Manby Park, Louth, Lincolnshire LN11 8UP Environment Agency PO Box 544, Rotherham, South Yorkshire, S60 1BY VENDORS SOLICITORS Tinn Criddle & Co High Street, Alford, Lincolnshire, LN13 9DX

6 LOT ACRES (55.02 hectares) RED ON PLAN SCHEDULE Field Name RPA ID OS Area RPA Eligible Area RPA Total Area Acres Hectares Hectares Acres Stackyard Forty Acre Swinn Walk Total CROPPING & PAST CROPPING RPA ID 2014 Variety Wheat (KWS Kielder) Wheat OS Rape Barley Wheat Wheat 3525 Wheat (JB Diego) OS Rape Wheat Wheat OS Rape Barley 1686 Wheat (JB Diego) OS Rape Wheat Wheat OS Rape Barley LOT ACRES (64.85 hectares) BLUE ON PLAN SCHEDULE Field Name RPA ID OS Area RPA Eligible Area RPA Total Area Acres Hectares Hectares Acres Sleepy Hollow Brods & Burnetts Chalk Pit 8623 Pt Total CROPPING & PAST CROPPING RPA ID 2014 Variety (To be Ploughed) Wheat Wheat OS Rape Barley Wheat 4061 OS Rape (Excalibur) Wheat Beans Wheat Wheat OS Rape 8623 Wheat (JB Diego) Beans Wheat Wheat OS Rape Wheat METHOD OF SALE The land is offered for sale by Informal Tender and best and final offers (subject to contract only) should be made in writing upon the attached form in a sealed envelope marked Rigsby in the top left hand corner to the agents: Willsons, 124 West Street, Alford, Lincs, LN139DR Or by displaying the Subject Rigsby Tender to address: j.boulton@willsons-property.co.uk To arrive no later than 12 noon on Friday 29 th November, 2013 It is the responsibility of potential purchasers to ensure that post and submissions have been received by the agents. All offers should be stated in Sterling and it is recommended that offers are made for an odd figure to avoid the possibility of duplicate bids. Escalating offers or offers made by reference to other offers will not be accepted. The purchaser will be expected to exchange contracts and complete the purchase without any undue delay. The vendor does not undertake to accept the highest or indeed any particular offer.

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8 124 West Street, Alford, Lincolnshire, LN13 9DR T: F: Alford Burgh le Marsh Mablethorpe Skegness Viewing care should be taken when viewing; you enter at your own risk. Measurements room sizes are provided for guidance only and should not be relied upon. Services etc we have not tested any services, heating system or equipment or appliances including fixtures and fittings. Property Condition nothing in these particulars should be deemed as a statement that the property is in good structural condition. Inclusions only items described in these particulars are intended for inclusion in the price. General these details are only a general guide to the property. They have been prepared in good faith and do not form any part of an offer or contract and must not be relied upon as statements or representations of fact. Neither Willsons nor their employees have any authority to make or give any representations or warranties whatsoever in relation to this property. XXXX Printed by Ravensworth