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1 Property and Business Consultants brown-co.com MOORSWOOD FARM, Long Sutton, South Lincolnshire

2 Property and Business Consultants brown-co.com

3 A productive arable Farm with a Bungalow and Extensive Farm Buildings including 2,700 tonnes of grain storage in all comprising hectares ( acres) or thereabouts. For Sale by Private Treaty as a Whole Moorswood Farm comprises a total of hectares ( acres) or thereabouts offering just over 600 acres of productive arable land, with the remainder being made up of yards, buildings, tracks and woodland along with a detached bungalow and garden. The land is especially suited to growing cereals and sugar beet but has some flexibility for a wider range of cropping. There are tracks throughout the farm, making all fields highly accessible from either the County metalled road or internal roadways. There are two separate yards situated centrally to the holding, with four modernised and highly functional grain storage and general purpose buildings surrounded by concrete yards, both with good access. A wireless temperature probe system known as the Martin Lishman Barn Owl Wireless has recently been installed in all of the buildings. There is a detached three bedroom Bungalow subject to a Protected Tenancy with a well presented garden, adjacent to one of the yards, constructed of brick under a tile roof. LOCATION AND DIRECTIONS The Farm is located approximately 1 mile south of Gedney Broadgate in Lincolnshire, approximately 3 miles south west of the town of Long Sutton, and some 6 miles south east of the town of Holbeach. Please refer to the location plan. The approximate postcode for Moorswood Farmyard is PE12 9BB. LAND All the land is classified as predominantly Grade 2 with some Grade 1 on the MAFF Land Classification Plan, Sheet 124, Provisional Edition. The soils are listed in the Soil Survey of England and Wales as belonging to both the Wisbech Soil Association, described as deep stoneless calcareous coarse silty soils being suited to potatoes, sugar beet, cereals and vegetables in rotation, and the Wallasea 2 Soil Association, described as deep stoneless clayey soils, calcareous in places, being suited to winter cereals, some sugar beet, potatoes and field vegetables. FARM BUILDINGS There are two separate yards each with farm buildings as detailed below. The Martin Lishman Barn Owl Wireless System recently installed in all of the buildings at Moorswood Farm and Fen Farm is included in the sale. Moorswood Farmyard The farmyard benefits from good access and concrete yard areas. The buildings comprise: Grain Store (23m x 18.7m) steel frame construction with two sliding doors, central grain passage, steel grain walling, wooden floor and a fan house, with capacity for approximately 900 tonnes. Grain Store (26.9m x 18.9m) with part grain retaining walls, part breeze block walling, sliding door, concrete floor and a capacity of approx 600 tonnes. Grain Store (36.8m x 24.8m) and general purpose building with wooden floor, roller shutter door, personnel door with wooden conditioning floor, and capacity for approximately 700 tonnes, with space for expansion. Fen Farmyard A compact unit with buildings next to a detached bungalow which benefits from good access and a concrete yard area. There is a Grain Store (26m x 22.8m) of steel construction, with a sliding door, grain walling and a fibre cement roof, capacity of approximately 500 tonnes, with a 6 bay open lean-to (26.4m x 6.6m) currently utilised for machinery storage. Please note: There will be Holdover on the grain store elements of all the farm buildings until 31st May 2017, being the latest date they will become vacant, with access being available to the buyer after Completion and as soon as each building becomes vacant. There will be general purpose storage space at Moorswood Farm prior to 31st May 2017 if required, after Completion. All measurements are approximate. FEN FARM BUNGALOW Located adjacent to Fen Farmyard is Fen Farm Bungalow, being a detached property constructed of brick under a tile roof, currently occupied on a Protected Tenancy. The Bungalow comprises a kitchen, two reception rooms, three bedrooms, a bathroom and separate WC. Outside there is an attractive garden mainly laid to lawn. The property has a private drainage system, with mains water and electric. EPC Rating: F.

4 GENERAL REMARKS AND STIPULATIONS TENURE AND METHOD OF SALE The land at Moorswood Farm is available Freehold with Vacant Possession being available on Completion subject to land and bungalow Tenancies. The farm is to be sold by Private Treaty, available as a Whole. Exchange of Contracts and Completion will take place as soon as possible following acceptance of any offers. CROPPING LICENCE There is a Cropping Licence over approximately 4.5 acres of land adjacent to Broadgate Nurseries which expires on 1st December ANNUAL PERIODIC TENANCY There is an annual periodic Tenancy over approximately 4.10 acres of land adjacent to Pear Tree Farm. GRAZING TENANCY There is a Grazing Tenancy over approximately 12 acres of land at Fen House Farm which expires on 31st July SHOOT LICENCES There are two Shoot Licences over the land which expire on 1st February 2017, which invlove the woodland and approximately 2.4 hectares (6 acres) of game cover. Further details of the aforementioned agreements are available from the Selling Agents. FARMING The Seller would be pleased to discuss terms to undertake farming the land for a non-farming buyer should that possibility be of interest. SERVICES Moorswood Farmyard benefits from three phase electricity and mains water. The appropriate systems are available for gas to be used in all three buildings but they are currently powered by electricity. There is a water tank in the yard. Fen Farmyard benefits from three phase electricity. There is wind turbine adjacent to Moorswood Farmyard which is currently redundant. Please contact the Selling Agents for more information. BASIC PAYMENT SCHEME (BPS) The land is registered on the Rural Land Register. The Seller will transfer the relevant number of Entitlements to the Buyer(s) in anticipation of the 2017 claim, subject to the Basic Payment Scheme Regulations. Details of the Entitlements are available from the Selling Agents. CROSS COMPLIANCE The Buyer(s) will be required to indemnify the Seller for any non-compliance that results in any penalty or reduction of the Seller s payment under Basic Payment Scheme in relation to the 2016 claim. HOLDOVER There will be Holdover on the land until 31st October 2016, following Completion. There will be Holdover on the grain store elements of all the farm buildings until 31st May 2017, being the latest date they will become vacant, with access being available to the buyer after Completion and as soon as each building becomes vacant. There will be general purpose storage space at Moorswood Farm prior to 31st May 2017 if required, after Completion. EARLY ENTRY Early Entry onto the land may be available following exchange of contracts. SPORTING RIGHTS, MINERALS & TIMBER The Sporting Rights, Timber and Minerals are included in the sale, so far as they are owned, subject to statutory exclusions. There are two Shoot Licences which expire on 1st February WAYLEAVES, EASEMENTS & RIGHTS OF WAY The land is offered for sale subject to all existing rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and other rights, Easements, Quasi-Easements and all Wayleaves, whether or not referred to in these Particulars. A prescriptive right of way is currently enjoyed over the track as marked brown on the plan. South Holland Internal Drainage Board pays to use easements across part of the land in order to access drains. Further details are available from the Selling Agents. VALUE ADDED TAX Should the sale of the land, or any right attached to it become a chargeable supply for the purposes of VAT, such Tax shall be payable by the Buyer(s) in addition to the Contract price. BOUNDARIES The Buyer(s) shall be deemed to have full knowledge of all boundaries and neither the Seller nor the Selling Agents will be responsible for defining the boundaries nor their ownership. DISPUTES Should any disputes arise as to the boundaries or any matters relating to the Particulars, or the interpretation thereof, the matter will be referred to an Arbitrator to be appointed by the Selling Agents. PLANS & AREAS These have been prepared as carefully as possible by reference to digital OS Data and the Rural Land Register. The plans are published for illustrative purposes only and although they are believed to be correct their accuracy cannot be guaranteed. VIEWING The land at Moorswood Farm may be viewed during daylight hours with a set of these particulars in hand. Viewing of Moorswood Farm Buildings and Fen Farm Building is strictly by appointment through the Selling Agents, Jim Major or Emily Plumb on HEALTH AND SAFETY The property is part of a working Farm and therefore viewers should be careful and vigilant whilst on the holding. Neither the Seller nor the Selling Agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk. SOLICITORS Birketts Solicitors, Kingfisher House, 1 Gilders Way, Norwich NR3 1UB Contact: Jack Royall jack-royall@birketts.co.uk IMPORTANT NOTICES: Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/ imperial conversions are approximate only. 3. Intending Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property, intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co Property and Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC Photographs were taken and particulars were prepared in March Brown&Co King s Lynn: Market Chambers, Tuesday Market Place, King s Lynn, Norfolk, PE30 1JJ Contact: jim.major@brown-co.com

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6 Property and Business Consultants brown-co.com Brown&Co King s Lynn: Market Chambers, Tuesday Market Place, King s Lynn, Norfolk, PE30 1JJ Contact: jim.major@brown-co.com

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