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150 acres, Malvern, Worcestershire
For Sale - POA


Introduction    Lots 1-4 Comprising period farmhouse, set of traditional and more modern farm buildings and a total of approximately 150.9 acres of farm land in a ring fence all subject to farm Business tenancy expiring on the 19th February 2025-as a whole or in 4 lots.

TENDERS CLOSE FRIDAY 24th JUNE 2022 AT 12 NOON
Agents McCartneys LLP, The Ox Pasture, Overton Road, Ludlow, SY8 4AA.
Tel: 01584) 872251 (Ref. JU) www.mccartneys.co.uk

Solicitor Lodders Solicitors LLP, 25 Imperial Square, Cheltenham, GL50 1QZ
Tel: (01242) 229091 or 07785 616432 (Ref. JF)

General Remarks & Stipulations    LOCATION
Proceeding from Ledbury to Tewkesbury on the A438. Turn left onto the B4208. Mill Farm will lie on your right hand side after approximately 2½ miles. It is on the edge of Castlemorton Common. The position of the property is shown on the plan attached to these details.

LEGAL PICTURE
The farm is let on a 10 year Farm Business tenancy dated 20th February 2015 and expiring on the 19th February 2025. Currently the rent is £34,000 per annum payable on the 1st august and the 1st February in advance. There is a rent review clause based upon the retail price index at 5 years but this was not exercised by the landlord. The tenant is liable for all repairs for all those items stated as being the obligation of both landlord and tenant as specified by the Agriculture (Maintenance Repair and Insurance of Fixed Equipment) regulations but under clause 15.4 in the tenancy he will have no liability for the repairs to the walls, floors and roofs of the traditional farm buildings marked 1-7 on plan 2 attached to the tenancy.
If the tenanted area is sold in lots the selling agents have agreed with the tenant the following apportionments of the rent.
Lot 1 House, farm buildings and an area of approximately 105 acres of farm land (total area 108.27 acres)             £27,640
Lot 2 13.18 acres of farm land £1,970
Lot 3 15.87 acres of farm land £2,365
Lot 4 13.59 acres of farm land £2,025
Rent total             £34,000

Disclaimer

Property Ref.80318_LUD220102. 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