Mortgage calculator

?

?

« Back

180.21 acres, Lot 1, Edder Acres Farm, County Durham
For Sale - Guide Price £850,000


LOCATION
Edder Acres Farm is located to the south east of Shotton Colliery in County Durham, as shown circled red on the attached location plan. The farm is accessed from Salters Lane (to the west), which provides good access links to the A19 at Castle Eden (1 mile to the east) and the A1M at Bowburn (6.5 miles to the west).

DESCRIPTION
Edder Acres Farm is a traditional mixed farm comprising sound and productive arable and grassland. The soil type is Dunkeswick, confirming the farm´s suitability for such cropping.

The farm benefits from a three bedroom farmhouse (in need of full refurbishment and modernisation), two modern farm buildings and a range of traditional farm buildings which may be suitable for residential conversion (or other uses) subject to planning permission.

LOT 1 (Edged Red and Unshaded on Sale Plan within Sales Particulars)
Lot 1 comprises the main farm which lies in a ring fence and extends to approximately 180.21 acres (72.93 hectares), comprising the farmhouse, the farm buildings, 18.12 acres (7.33 hectares) of woodland, 35.19 acres (14.24 hectares) of permanent grassland and 123.78 acres (50.09 hectares) of arable land (plus yard and tracks). Approximately 10.65 acres of permanent grassland is capable of being used for arable cropping (subject to any consents that may be necessary).

A full schedule of field data, to include field numbers, acreages and 2016 year cropping, is contained within the data pack.

EDDER ACRES FARMHOUSE
The farmhouse is shown marked 1 on the attached steading plan and comprises a two storey stone built house under pitched tile roof, in need of full modernisation and refurbishment.

Accommodation briefly comprises kitchen (3.45m x 3.03m), pantry (2.03m x 2.00m), utility (3.99m x 3.02m), lounge (4.39m average x 4.76m), drawing room (4.06m x 4.76m), bedroom 1 (4.53m average x 4.87m), bedroom 2 (6.85m x 3.05m) comprising 2 rooms), bedroom 3 (4.56m average x 4.84m) and study (2.11m x 1.81m). The farmhouse is in Council Tax band A, under Local Authority reference number EA0136029.

THE FARM BUILDINGS
A detailed description of the farm buildings is provided below, referenced to the attached steading plan.

2) Two storey, cattle byre and granary.
3) Two storey, cattle byre and granary.
4) Single storey brick and stone built stables/looseboxes
5) Single storey brick and stone built stables/looseboxes
6) Single storey brick and stone built stables/looseboxes
7) Single storey stone built barn
8) Single storey brick and stone built cattle shed
9) Two storey stone barn
10) Lean to
11) Steel portal frame general purpose building (GIA 13.88m x
17.67m). Block walls, concrete floor & box profile sheeted
roof.
12) Steel portal frame general purpose building (GIA 27.15m x
30.28m). Block walls, concrete floor and fibre cement roof.

RETAINED PROPERTY
The area shaded grey on the sale plan is not included in the sale. This may be available by separate negotiation if required. The Vendor shall erect a post and sheep net fence along the boundary marked A-B within 1 month of completion.

RESTRICTIVE COVENANTS
Parcel 1865 shall be subject to a restrictive covenant, for the benefit of the vendor´s retained property, restricting its use to agricultural cropping only eg no buildings, structures or storage of bales/materials shall be permitted

TENURE
Available freehold with vacant possession on completion. Early entry may be available by negotiation.

ACCESS
Access is taken from the public highway along the routes shown coloured yellow on the attached sale plan.

Rights of Access shall be retained by the vendors along the northern (main farm) track in order to serve the retained property. There shall be a maintenance obligation according to user.

BASIC PAYMENT SCHEME
The farm has been registered for Basic Payment Scheme purposes and the following entitlements (or an apportioned amount if sold in lots) shall be transferred to the successful purchaser following completion: 72.17 hectares of normal non SDA entitlements.

The 2017 Scheme year payment shall be retained by the vendor in full and, should completion occur prior to 31st December 2017, the purchaser will indemnify the vendor against any penalties imposed following completion resulting from the purchaser´s actions.

The purchaser will be required to meet YoungsRPS´ costs of completing and submitting the transfer paperwork to the RPA in the sum of £200 plus VAT.

ENVIRONMENTAL SCHEMES
The farm is subject to a Countryside Stewardship Agreement, terminating on 31st December 2020. The agreement yields an annual income of £10,528.20 and a copy of the agreement is available in the data pack. The annual income in the year of sale completion shall be apportioned pro rata between the parties.

EASEMENTS & WAYLEAVES
The land is sold subject to and with the benefits of all rights of way, water, drainage, water courses, light and other easements, quasi or reputed easements, and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.

In particular, Lot 1 is crossed by both low voltage and high voltage overhead electricity lines (on Wayleaves). Lot 2 is crossed by a County Council storm water drain.

SERVICES
The farm is served by mains electricity (single phase) and mains water. The electricity supply is already split between the farm and the retained property. With regard to water, the vendor shall meet the cost of installing a sub metered arrangement in relation to their retained property.

PUBLIC RIGHTS OF WAY
Lot 1 is subject to a public footpath.

MINERAL RIGHTS
The minerals are reserved to a third party and are therefore excluded from the sale.

SPORTING RIGHTS
The Sporting Rights are in hand and are included with the freehold interest. The farm currently benefits from a reasonable stock of wild grey partridge.

CLAWBACK
Lot 2 is sold subject to a clawback in favour of the vendor (and their successors in title) entitling them to a further payment upon the grant of planning permission for non-agricultural uses, on a bite and bite again basis, equivalent to 30% of the uplift in land value for a period of 25 years from completion.

For the avoidance of doubt, Lot 1, including any development potential of the farm buildings, shall not be subject to clawback.

BOUNDARY LIABILITIES
Boundary liabilities, to the best of the vendor´s knowledge, are shown by means of inward facing T-marks.

HOLDOVER
The vendor reserves a right to store equipment (in a location to be agreed), machinery, livestock and other farm goods on the property following completion to allow disposal of same, subject to a backstop date of 3 calendar months from completion.

GROWING CROPS
The purchaser shall purchase on completion of the sale any growing crops on the property on the basis of cost of production (plus enhancement value), to be assessed by YoungsRPS on an open book basis.

DATA PACK
A data pack is available to interested parties, comprising the following:
- RPA Maps
- Energy Performance Certificate
- Title documentation
- Countryside Stewardship agreement
- Basic Payment Scheme entitlements statement
- Radon risk report
- Environment Agency flood risk map
- Magic.gov.uk statutory rural designations printout
- June 2016 soil analysis results
- Northern Powergrid and National Grid wayleave agreements

LEGAL FORMALITIES
Exchange of contracts shall take place as soon as possible, but in any event no later than the expiry of 8 weeks from instructing solicitors, with completion 14 days thereafter.

COSTS
Each party is to bear their own costs.

LOCAL AUTHORITY
Durham County council 03000 260000

VIEWING
Viewing is strictly by appointment only via the sole selling agent

ACREAGES
The gross acreages have been assessed in accordance with Ordnance Survey and Rural Payments Agency data and interested parties should satisfy themselves in this regard

EPC
Current Energy Efficiency Rating 4 (G); Potential 38 (F). A copy of the full report is available from the selling agents on request.

NOTES
Particulars prepared April 2017
Photographs taken June 2016


Disclaimer

Property Ref.143729_100897001983. 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