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Farm Property and Land£ 375,000Trade

Well located at Whiley Hill, Coatham Mundeville between Darlington to the south and Newton Aycliffe to the north, this good block of arable land with a gently sloping southern aspect and at around 85m above sea level, has road frontage to Coatham Lane from the A167. The land is close to Junction 59 at the intersection of the A167 and the A1M. See Location Plan published herewith.

The land is all classified Grade 3 and the soil type is Dunkeswick described as ?slowly permeable seasonally waterlogged fine loamy and fine loamy over clayey soils?.

The land extends to 48.81 acres or thereabouts and is shown edged red on the Sale Plan published herewith.

General Information

Rights of Way and Access
The property is sold with the benefit of, and subject to, all existing wayleaves, easements and rights of way both public and private whether specifically mentioned or not.

There is a public footpath crossing the land as indicated on the sale plan published herewith.

There are poles, stays and overhead lines crossing the land.

No services are connected.

The 2017 crops of Winter Wheat and Winter Barley are reserved from the transaction if a sale is concluded before harvest.

Basic Payment Scheme
The land is registered with the Rural Land Registry and will be sold with the benefit of Basic Payment Scheme Entitlements. The Entitlements are included in the sale and the Vendor will endeavour to transfer Entitlements to the Purchaser following completion of the sale.

The Purchaser will be required to indemnify the Vendor against any loss incurred owing to the Purchaser not complying with Cross Compliance conditions from the date of exchange of contracts until 31 December 2017.

Environmental Schemes
The land forms part of a wider Entry Level Stewardship scheme. The purchaser will be required to abide by the terms of the scheme.

Sporting Rights
Sporting rights are in hand and included in the sale.

The minerals are reserved to a 3rd party.

Nitrate Vulnerable Zone
The land all falls within a surface water NVZ.

Boundary responsibility is shown on the Sale Plan by T marks in the direction of ownership. This information is believed to be correct but is not guaranteed.

Development Clawback
A development clawback will be imposed over the land reserving to the vendor 30% of any uplift in value as the result of the implementation of any planning consent for a period of 30 years from the date of completion of the sale, excluding agricultural uses.

Tenure & Possession
Freehold with vacant possession on completion.

Method of Sale
The land is offered for sale by Private Treaty. The Vendor reserves the right to conclude the sale by other means as may be deemed appropriate by the Vendor and his Agents.

Latimer Hinks, 5-8 Priestgate, Darlington, DL1 1NL
t. - Click here to reveal phone number -
Viewing is permitted at all reasonable times. Parties viewing should carry a copy of these particulars. Please take care when inspecting the land and steps should be taken not to cause damage to crops....Read full description
Price£ 375,000
Sale typeTrade

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