HOBBS LOT FARM WISBECH ROAD MARCH CAMBRIDGESHIRE PE15 0BB

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1 WITH VACANT POSSESSION Issued by our March Office SAP/JW/1481 HOBBS LOT FARM WISBECH ROAD MARCH CAMBRIDGESHIRE PE15 0BB o O o - Particulars of A FENLAND FARM extending in total to hectares ( acres) (more or less) (coloured pink on the attached plan) Including Entitlements which MAXEY GROUNDS & CO. LLP are favoured with instructions from Mr. J. Butt (who is retiring from farming) TO OFFER FOR SALE BY PRIVATE TREATY AS A WHOLE Guide Price: 1,000,000

2 - 2 - GENERAL REMARKS AND STIPULATIONS (Which shall be deemed to form part of the Conditions of Sale) 1. SITUATION AND GENERAL - Hobbs Lot Farm has been farmed by the Butt Family for three generations. Mr. J. Butt, who has farmed under the style of A. & J. Butt, has now decided to retire from farming and it is for this reason that Hobbs Lot Farm comes onto the market. Cultivations and cropping of the Farm will continue whilst marketing takes place and a Tenant Right Valuation will take place as appropriate. The land is situate approximately 2 miles north of March and 6 miles south west of Wisbech. Access is over a right of way from Wisbech Road, close to Hobb's Lot Bridge. The Vendor currently resides at Hobbs Lot Farmhouse, which he is retaining for the time being, together with the farmyard and a small area of land, as staked on site, the whole containing approximately 4.8 acres. This block of property may be available for sale by separate negotiation (shown for identification purposes only, coloured blue on attached plan). Further details from the Agents. 2. METHOD OF SALE - The Farm is offered for sale by private treaty and prospective purchasers are invited to make contact with Maxey Grounds & Co., Market Place, March, PE15 9JH, to discuss their interest at an early date. 3. EXCHANGE OF CONTRACTS AND COMPLETION - Exchange of contracts will take place 21 days after receipt by the Purchaser(s) Solicitor of the draft contract with completion as soon as possible thereafter. A deposit of 10% of the purchase price will be payable on exchange of contracts. 4. POSSESSION - Vacant Possession will be given upon completion of the purchase. Early entry may be permitted, upon payment of a double deposit, in order that the purchaser can carry out cultivations, etc., at his own risk. 5. TENANT RIGHT - All unexhausted manurial values and lime residues are included in the sale. In addition to the purchase price, the purchaser will be required to pay for cultivations carried out, seeds drilled, manures and sprays applied since the 2014 harvest. Further details available from the Agent. No claim for dilapidations, if any, shall be made by the Purchaser against the Vendor. 6. LAND CLASSIFICATION - The land is shown as Grade 1 on the Agricultural Land Classification Map of England and Wales (Sheet 124). 7. NITRATE VULNERABLE ZONE - The Farm lies within a Nitrate Vulnerable Zone. 8. SINGLE PAYMENT SCHEME & BASIC PAYMENT SCHEME - The arable land has been registered with the Rural Payments Agency under the Single Payment Scheme and Entitlements have been established. It is intended that Entitlements will be transferred to the Purchaser (or his nominee) following completion of the sale. The R.P.A. have been asked to confirm the eligible areas of each field and estimates have been included in these particulars, pending their reply. The Vendor will retain all payments in respect of the 2014 claim year.

3 ENTRY LEVEL STEWARDSHIP - The land is currently entered into an Entry Level Stewardship Scheme. The scheme runs until 30 th June The Purchaser will be required to take over the obligations of the E.L.S. Scheme, subject to the rules and regulations of Natural England. A copy of the existing Entry Level Stewardship Options Map is available from the Agents. Prospective Purchasers are advised to satisfy themselves relating to all Natural England requirements in regard to the transfer of the land (Natural England, Eastbrook, Shaftesbury Road, Cambridge, CB2 8DR, telephone: or fax: ). 10. UNDERDRAINAGE - The majority of the land been underdrained in past years and some plans are available. 11. SUGAR BEET CONTRACT - Messrs. A. & J. Butt have a Sugar Beet Contract for 2014 of 428 tonnes. They have opted not to grow sugar beet in 2015 under the British Sugar Scheme, but they will assist in the transfer of an appropriate proportion to the Purchaser, subject to British Sugar Rules and Regulations. 12. SERVICES - There are no services connected to the land. 13. OUTGOINGS - Such of the outgoings as are known are mentioned in these particulars, but no guarantee is given that the amounts stated are accurate or that all outgoings appear. 14. SPORTING RIGHTS - The sporting rights are NOT included in the sale, and are being retained by the Vendor, for the time being. 15. MINERAL RIGHTS - The minerals, so far as they are owned, are included in the sale. 16. BOUNDARIES - The Vendor will not be bound to determine the ownership of boundaries. The Purchasers must satisfy themselves as to the ownership of all boundaries. 17. RIGHTS OF WAY AND EASEMENTS - The land is offered for sale with the benefit of and subject to all rights of way, water and other rights and to all easements and wayleaves for electric cables, wires, pylons, stays and transformers (if any) also all telephone poles and wires at present erected on or passing over or under land and to all agreements or pending agreements in regard thereto. Access to the land being sold is over the existing farm roadway, which also gives access to Hobbs Lot Farmhouse. The Purchaser will be granted a right of way over the roadway, which has a made up width of approximately 3 to 3½ metres, plus an overhang, then through the yard. The overall width of the legal right of way will be 10 metres, although it must be appreciated that vehicles should remain on the hardened area wherever possible. The right of way is for agricultural purposes only and runs from Wisbech Road, shown A to B and coloured brown on the plan. An overhead electricity line crosses the Farm and there is a single pylon in field O.S

4 - 4 - There is a land drainage pipe in O.S. 8980, which drains the garden of Hobbs Lot Farmhouse, also a soak away from the cesspit. The right is reserved for these arrangements to continue. The Middle Level Commissioners have a byelaw width along the Twenty Foot River to allow for maintenance and other works. This byelaw width is 20 metres from the landward toe of the embankment and it is necessary to obtain the Commissioners' consent for activities within this distance. There is also a 9 metre byelaw width along the Sixth District Drain which is administered by the March Sixth District Drainage Commissioners. Further details can be obtained from the Middle Level Commissioners, Middle Level Offices, 85 Whittlesey Road, March, PE15 0AH. Telephone: A full copy of the byelaws can be viewed at A public footpath runs alongside the Twenty Foot River as shown on the Cambridgeshire County Council Definitive Map. 18. MISREPRESENTATION ACT - These particulars are intended only as a guide to prospective Purchasers to enable them to decide whether to make further enquiries with a view to taking up any negotiations, but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly, neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agent nor the Vendor is to be or become under any liability or claim in respect of their contents. In the event of the Agent or the Vendor's Solicitor supplying any further information or expressing any opinion to a prospective Purchasers, whether oral or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars. 19. PLANS, AREAS AND SCHEDULES - These have been prepared as accurately as possible, based upon Ordnance Survey and other plans. They are published for administrative purposes only and, although believed to be correct, their accuracy is not guaranteed. A large scale plan is available upon request. 20. VALUE ADDED TAX - Any guide price quoted or discussed is exclusive of V.A.T. In the event that a sale of the property or part of the property becomes chargeable a supply for the purposes of V.A.T. such tax will be payable (or become payable) by the Purchasers in addition to the purchase price. 21. PARTICULARS - The Particulars were prepared in January VIEWING - Interested parties may view the land at their own risk, during daylight hours, on foot only, with a set of these Particulars in hand. Use of vehicles by arrangement only, with Maxey Grounds & Co. please. 23. FURTHER INFORMATION - Please contact Maxey Grounds & Co., Agricultural Department, Market Place, March, PE14 9JH. Telephone number: , or fgrounds@maxeygrounds.co.uk or spollard@maxeygrounds.co.uk.

5 - 5 - P A R T I C U L A R S HOBBS LOT FARM WISBECH ROAD MARCH ~ ~ ~ ~ ~ A FENLAND FARM extending in total to hectares ( acres) (more or less) The land forms a compact block with access from Wisbech Road as shown coloured pink on the location plan attached. SCHEDULE National Grid Description Total Area S.P.S. Number Eligible Area Hectares Acres (estimated) Part TF part 8980 Arable Part TF part 2878 Arable, track & grass strip TF Arable & track ha acres

6 - 6 - CROPPING PROPOSED AND PAST CROPPING (approximate details, for guidance only) National Grid Number Part TF (east) Spring or Sugar Beet Wheat Potatoes Wheat approx. 23 acres Winter Wheat Part TF (west) Linseed or Wheat Sugar Beet Wheat Potatoes approx. 17 acres Spring Barley Part TF (east) Linseed or Wheat Rape Wheat Potatoes approx. 16 acres Spring Barley Part TF (west) Spring Wheat Potatoes Wheat Sugar Beet Wheat approx. 11 acres TF Spring or Wheat (18 a. north) Peas Spring Barley Sugar Beet approx. 27 acres Winter Wheat (9 a. south) Wheat Sugar Beet Wheat OUTGOINGS Drainage Rates for the year ending 31 st March, (Apportioned for sale purposes, approximate amount for guidance only) Middle Level Commissioners 1,600 March Sixth Internal Drainage Board VACANT POSSESSION will be given upon completion of the purchase (subject to holdover, if required) For further particulars apply to:- Agents Solicitors Maxey Grounds & Co. LLP Messrs. G. Cartwright & Co Market Place 9 Park Street MARCH CHATTERIS PE15 9JH PE16 6AB Tel: Tel: / Tel: Fax: spollard@maxeygrounds.co.uk info@gcartwright.co.uk

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