Farmland at Skidbrooke, Near Louth, Lincolnshire

Farmland at Skidbrooke, Near Louth, Lincolnshire

For Sale by Informal Tender Farmland at Skidbrooke, Near Louth, Louth - 7 miles Saltfleet - 2 miles Saltfleet St. Peter - 2 miles, North Somercotes - 3 miles Around 105 acres of farmland including 8 Lots of grade 3 arable land and 2 grass fields, in the parish of Skidbrooke with Saltfleet Haven, near Louth, with Lots from 2 acres to 33 acres. Guide Price: 6,500 per acre to 7,500 per acre Tender Date: Thursday 8th March 2018 Description Around 105 acres of farmland including 8 lots of grade 3 arable land and 2 grass fields, in the parish of Skidbrooke with Saltfleet Haven, near Louth, with lots from 2 acres to 33 acres. The land is classified grade 3 and shown on the 1:250,000 soil survey of England and Wales map as Wallasea 2, deep stoneless clayey soils, calcareous in places. Some deep calcareous silty soils. Flat land often with low ridges giving a complex soil pattern. Ground water controlled by ditches and pumps. The land has been let for a number of years on a Farm Business Tenancy agreement and is available for sale with vacant possession on completion. A copy of the drainage plan for field 6952 is available dated September 2014. Location The land lies on the coastal plain, east of the market town of Louth, around the hamlet of Skidbrooke, between the villages of South Somercotes, Saltfleet and Saltfleetby St Peter. Basic Payment Scheme There are no Basic Payment Entitlements included in the sale. Entitlements are available to buy from the outgoing tenant. Easements, Wayleaves and Rights of Way The property is sold subject to and with the benefit of all existing easements, wayleaves and rights of way, whether or not specifically mentioned in this brochure. Tenure and Possession Vacant possession will be available on completion. Early entry may be available by special arrangement. Sporting and Mineral Rights The sporting rights and mineral rights are included in the sale as far as they are owned. Growing Crops and Ingoing Valuation In addition to the purchase price, the purchaser will be required to pay to the seller the full amount of the ingoing valuation due to the outgoer in accordance with the prices and recommendations of the Central Association of Agricultural Valuers, including, where relevant, enhancement. There will be no counter claim whatsoever of any kind. The arable fields have been ploughed and this will be recharged to the purchaser in addition to the purchase price. Details of the cost of ploughing are available on request. Planning The land is within the East Lindsey District. The vendors will not be imposing any development clawback in respect of any part of the sale. Method of Sale The property is to be sold by informal tender and solicitors will be instructed after acceptance of an offer. Tenders must be submitted using the prescribed form. If you wish to offer for any part of this property, please let us have the full name and address of the person, company or other entity who would purchase the property. This will enable us to instigate an electronic identify verification. In some cases an electronic check will not be possible, and in that case we will request sight of identity documents. We will then be able to provide you with the tender form and access to other information. We are required to carry out this identification check on prospective buyers before they can submit a tender to comply with the Money Laundering, Terrorist Financing and Transfer of Funds Regulation. A tender form must be fully completed and submitted to JHWalter LLP in a sealed envelope marked externally with the name, address and contact telephone number of the bidder, with the heading Land at Skidbrooke or by email to tenders@ jhwalter.co.uk.

The vendor is not bound to accept the highest or indeed any tender. Offers must be made for a fixed amount and must not be linked in any way to other offers which may be received. The deadline for receipt of tenders is before 12 noon on Thursday 8th March 2018. Timing It is the seller s preference that contracts will be exchanged within 28 days of acceptance of the offer, with a 10% deposit, with completion around 4 weeks later or earlier by arrangement. A higher deposit may be required if early entry is required. Viewing The land may be viewed on foot, only during daylight hours, with a copy of these particulars to hand. Please register your intention to view the land with the selling agents prior. Plans The attached plans are for identification purposes only and do not constitute part of the contract. They are not to scale. VAT It is not thought the sale will attract VAT, however in the event that the property is subject to VAT this will be payable in addition to the purchase price. Seller s Agent JHWalter LLP 1 Mint Lane Lincoln LN1 1UD Tim Atkinson 01522 504313 07919 694224 timatkinson@jhwalter.co.uk Helen Goddard 01522 504305 helengoddard@jhwalter.co.uk LOT 1 LOT 3 LOT 5

Lot 1 13.31 hectares (32.89 ac) Two arable fields with frontage to Saddleback road and the green road known as. It would potentially be worthwhile buying this lot with Lots 2 and Lot 3. Lot 5 1.70 hectares (4.20 ac) frontage to Saddleback Road and. Lot 9 LN11 7DL 4.99 hectares (12.33 ac) access from Saddleback Road and frontage to West Lane. Lot 2 Ings lane 4.79 hectares (11.84 ac) access from the green lane known as. It would potentially be worthwhile buying this lot with Lot 1 and Lot 3. Lot 6 3.13 hectares (7.73 ac) access from the green lane known as. Lot 10 0.77 hectares (1.90 ac) A grass field with access from the green lane known as. Lot 3 8.86 hectares (21.89 ac) Two arable fields with frontage to Saddleback Road and to the green lane known as. It would potentially be worthwhile buying this lot with Lot 1 and Lot 2. Lot 4 1.06 hectares (2.62 ac) A grass field with access from the green lane known as. Lot 7 1.51 hectares (3.73 ac) hard road access from Ings lane. Lot 8 2.36 hectares (5.83 ac) access from Saddleback Road and.

Schedule of Areas and Cropping OS Ha OS Ac BPS Ha 2018 2017 2016 2015 2014 2013 2012 Lot 1 4285 5.93 14.65 5.8609 Fallow S Wheat W Wheat Beans Wheat OSR W Barley 5408 7.38 18.24 7.3685 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 2 4244 4.79 11.84 4.8146 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 3 6331 4.26 10.53 4.2574 Fallow S Wheat W Wheat Beans Wheat OSR W Barley 7931 4.60 11.37 4.6832 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 4 8349 1.06 2.62 1.1101 Grass Grass Grass Grass Grass Grass Grass Directions - From Louth travel east along the B1200 and pass through Manby and on to the village of Saltfleetby. In around 1 mile you will reach the Wainsbridge crossroads, adjoining St Peters Church, turn left here onto North End Lane and proceed for around 1½ miles until you reach the T junction, turn right here in. In around 1000 metres you will reach Lot 1 on the left hand side of the road. Photographs taken 2 Feb 2018 and wheat crop 14 July 2017 Lot 5 9131 1.70 4.20 1.7561 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 6 9984 3.13 7.73 3.2077 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 7 4575 1.51 3.73 1.5679 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 8 6952 2.36 5.83 2.4323 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 9 1301 4.99 12.33 5.0329 Fallow S Wheat W Wheat Beans Wheat OSR W Barley Lot 10 1096 0.77 1.90 0.769 Grass Grass Grass Grass Grass Grass Grass 42.48 104.97 42.8606 IMPORTANT NOTICE JHWalter try to provide accurate sales particulars, however, they should not be relied upon as statements of fact. We recommend that all the information is verified by yourselves or your advisers. These particulars do not constitute any part of an offer or contract. JHWalter staff have no authority to make or give any representation or warranty whatsoever in respect of the property. The services, fittings and appliances have not been tested and no warranty can be given as to their condition. Photographs may have been taken with a wide angle lens. Plans are for identification purposes only, are not to scale and do not constitute any part of the contract. Crown Copyright. All rights reserved. Licence Number 100020449. The Ordnance Survey data may not show all existing features. JHWalter is the trading name of JHWalter LLP. Registered Office: 1 Mint Lane, Lincoln LN1 1UD. Registered in England and Wales. Registration Number: 0C334615 JHWalter LLP 1 Mint Lane Lincoln LN1 1UD DX 11056 Lincoln E info@jhwalter.co.uk T 01522 504304 F 01522 512720 www.jhwalter.co.uk