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332.71 acres, Norwell, Newark, Nottinghamshire
For Sale - Guide Price £2,500,000


  • Grade 3 arable and pasture land
  • Large commercial fields
  • Good internal tracks
  • Small stream and spinneys
  • For sale freehold by private treaty
  • Available as a whole or in 5 lots

***Offers to be received 9th July 2021***
Well located arable land in a commercial block 332.71 acres (134.64 ha).

Description



Location
The land at Flaggs Farm lies to the south of the small village of Norwell approximately 5 miles north west of the thriving market town of Newark-on-Trent, Nottinghamshire.


Description
The land extends in total to 332.71 acres (134.64 ha) including 315.82 acres (127.81 ha) of arable, 5.67 acres (2.29 ha) of pasture and 2.86 acres (1.15 ha) of spinneys, streams, and tracks.


The land is Grade 3 reddish clay loam soils of the Worcester Series.


The main block of land has been farmed in a combinable crop arable rotation.


Guide prices for the individual lots are as follows:
Lot 1: Approximately 289.63 acres of arable land and spinneys - £2,070,000
Lot 2: Approximately 11.54 acres of land adjacent to Norwell Road - £110,000
Lot 3: Approximately 15.44 acres of land adjacent to Norwell Road - £145,000
Lot 4: Approximately 10.62 acres of land adjacent to Norwell Road - £100,000
Lot 5: Approximately 5.67 acres of permanent pasture land opposite Flaggs Farm - £75,000


Method of sale
The land is offered for sale as a whole or in up to 5 lots by private treaty.


Tenure
The freehold interest in the land is being offered for sale with vacant possession upon completion.


Services
There are no services connected to the land.


Overage
Lot 2 and Lot 3 are sold subject to the vendors retaining a share of any uplift in value arising out of the granting of a planning permission. The overage payable will be 30% for a period of 25 years on the sale of the land with planning permission or the implementation of planning permission for a non-agricultural or equestrian use. Further details are available from the selling agents.


Basic Payment Scheme
The land is registered for the Basic Payment Scheme (BPS) and the entitlements will be transferred to the purchaser following completion of the sale. The current occupier has claimed the BPS for 2021 and will retain the payment. The purchaser will indemnify the current occupier for any cross-compliance breaches until 31 December 2021.


Environmental schemes
None of the land is included within any Environmental Stewardship Schemes.


Rights of way, easements and wayleaves
The land is affected by public rights of way which are shown on the map. A right of access is reserved along the access track shown brown to the owner of Park Wood. A right of access to Lot 1 is granted over the land north of Flaggs Farm steading to the Caunton Road, Norwell. The buyer of Lot 1 will be granted a right of way through Flaggs Farm farmstead for a period of six months following the completion of the sale during which time the buyer will extend the existing track to provide an access directly from the existing track into the edge of Lot 1. Details of this are available from the selling agents.


Land drainage
Land drainage schemes have been installed over the years.


Plans, areas and schedules
These plans have been prepared as carefully as possible and are produced for illustrative purposes only. They are believed to be correct to accord with the Title plans but their accuracy is not guaranteed.


Title
The land is registered under the following Title numbers: NT398067, NT398069, NT372318, NT398066 and NT512393.


Viewing
Unaccompanied viewing of the land is permitted subject to registering your interest with the vendor's agents and carrying a set of the sales particulars.


Directions
The access to Lot 1 is on the west side of Caunton Road, Norwell approximately one mile to the south of the village. The nearest postcode is NG23 6LB. Access to Lots 2, 3 and 4 are directly from Norwell Road, Caunton. Access to Lot 5 is to the east of Caunton Road, Norwell.


What3words location
ghost.decently.rather


Acreage: 332.71 Acres

Disclaimer

Property Ref.11255_NEW210004. The information about this property is an advertisement displayed on our website by the agent referred to above. This advertisement does not comprise property particulars. AMC does not warrant its accuracy or completeness or the accuracy or completeness of any linked or associated information. Please see website terms of use