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£ 1,500,000

Land At Chilmark

Farm Property and Land£ 1,500,000Trade

This very attractive parcel of productive arable land extends to

approximately 164 acres with gently undulating topography and a maturing copse that is positioned at the bottom of the valley. Along the southern boundary there are far reaching, panoramic views over the Nadder and Wylye Valley. The soil is productive, shallow, lime rich, loamy in texture, free draining and lies over chalk or limestone reducing the acidity levels and producing high sources of calcium and magnesium. The land has been farmed in a cereal rotation however, last year maize was grown in the southern parcel.

Tenure and Possession
The property is freehold with vacant possession upon completion. This land is currently farmed by an excellent local farmer under a contract farming agreement. This agreement ends in September 2018 however, the vendor would strongly recommend their services if it suited the buyer.

Ingoing Valuation/Holdover
The purchaser shall, in addition to the purchase price, be required to pay for the growing crops where applicable. Alternatively there will be holdover put into place after completion to allow the management and harvest of crops. Please speak to the vendor's agents for further details.

Overage
There will be an overage clause for 50 years on the south eastern boundary that is hatched red on the sale plan. This overage will be 25% of the net development uplift associated with planning consent. Please speak to the selling agents for further details on this agreement.

Sporting
The sporting rights as far as they are owned are included with this sale. The vendor would prefer to reserve the sporting rights over the land until 1st February 2019.

Mineral Rights
The mineral rights as far as they are owned are included with this sale.

Basic Payment Scheme
Basic payment entitlements are included in this sale. The relevant entitlements will be transferred to the buyer on completion.

Environmental Schemes
Although there are no environmental stewardship schemes, there is a historic Woodland Grant Scheme which the buyer will be required to take on post sale and indemnify the seller against any future claims relating the agreement.

Employees
There are no employees currently employed on the property.

Contract Deposit
The buyer will be required to pay a 10% deposit upon exchange of contracts. The completion date is to be agreed.

Health and Safety
Given the potential hazards of a working farm we would ask you to be as vigilant as possible when making your inspection for your own personal safety.

Wayleaves, Easements and Rights of Way
The property is sold subject to the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, electricity poles, pylons, stays, cables, drains and water, gas and other pipes, whether referred to in the Conditions of Sale or not.

Services
There are no services currently connected to this property.

Value Added Tax
In addition to the purchase price, should any sale of the property, or any right attached to it become a chargeable supply for the purposes of Value Added Tax, such tax shall be payable by the purchaser in addition to any monies to be paid during the course of the sale. The purchaser shall indemnify the vendor in respect thereof, including interest or penalty.

Local Authority
Wiltshire Council, Bourne Hill, Salisbury, SP1 3UZ
Tel: - Click here to reveal phone number -
Chancel Repair Liability
If the buyer wishes to take out a chancel repair liability insurance, they will be required to do so at their own expense.

Viewing
Strictly by appointment with Savills....Read full description
Price£ 1,500,000
Sale typeTrade

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