Lot 1 - SOLD £75,000 12.42 acres productive agricultural land, Nort..
Details:
DESCRIPTION
A single parcel of productive agricultural land extending to 12.42 acres (5.03 ha) or thereabouts. The land is classified as Grade 1 and is predominately skirt fen overlying clay. The field adjoins the Littleport and Downham main drain for irrigation purposes and drainage rates are payable to Littleport & Downham IDB. The land has been under-drained and gravelled over approximately 14 years ago.
Cropping - 2010 Potatoes; 2009 Wheat; 2008 Sugar Beet
SINGLE FARM PAYMENT/IRRIGATION LICENCE
The land is registered with the Rural Payments Agency for Single Farm Payment and it is intended that entitlements will be transferred with the land (subject to RPA approval) It is intended that 500,000 gallons of irrigation licence will be transferred to the purchaser subject to the Environment Agency approval. Tenure Freehold with vacant possession after the potato crop has been harvested.
LEGAL PACK
www.cheffins.co.uk/propertyauctions/catalogues.asp
or Archer & Archer Solicitors, Market Place, Ely, Cambs, CB7 4QN tel 01353 662203 ref JT
VIEWING
Attend the site at any reasonable time.
GENERAL REMARKS AND STIPULATIONS (relating to lot 1-3)
The sellers will use their best endeavours to transfer the entitlements to the purchasers subject to the RPA approval. The sellers will retain the Single Farm Patment subsidy for the 2010 scheme year and the purchasers will be required to indemnify the sellers with regard to any claim in respect of breach of cross compliance regulations. The land is sold subject to any wayleaves, covenants and rights of way that exist.
Result: £75000
