LAND Adjacent to CROFT END FARM, FRIZINGTON, WHITEHAVEN, CA28 3TG

FOR SALE

Summary

Price: £120,000
Reference: INVESTMENT OPPORTUNITY - LAND Adjacent to CROFT END FARM, FRIZINGTON, WHITEHAVEN, CA28 3TG
Property Type: Land

55 Acres of good agricultural grassland with roadside access. The land lies with a southerly aspect rising from 130m to 185m above sea level. The land is sold subject to a 20 year Farm Business Tenancy.

Property Details

Full Description

METHOD OF SALE
The property is offered for sale by Private Treaty in a single lot. The Vendor reserves the right to amend these particulars, not to accept any offer received or to withdraw the property from sale at any time.  Offers should be submitted to: Land Agency Dept., Mitchells Auction Co. Ltd., Lakeland Livestock Centre, Cockermouth, Cumbria CA13 0QQ.  A closing date for offers may be fixed, and prospective purchasers are advised to register their interest with the selling Agents following an inspection.

VIEWING
Strictly by arrangement with the Sole Agents: 
Land Agency Dept., Mitchell’s Auction Co. Ltd., Lakeland Livestock Centre, Cockermouth, Cumbria, CA13 0QQ. Tel: 01900 822016. Email: [email protected] 

 
TENURE AND TITLE
The property is offered for sale with freehold title. The land is being sold subject to a Farm Business Tenancy (FBT) lease for a 20 year term ending in 2039. The rent receivable is £5,930 per year. There is a break clause on the 5th anniversary of the term and every 5th anniversary thereafter in the Tenant’s favour only. Rent review to open market value at fixed intervals on the 1st July 2024, 1st July 2029 and 1st July 2034. The tenant will use the holding for agricultural purposes only. The Tenant is responsible for repairs. The Tenant has a personal option to renew the FBT under the same terms. Further details are available from the Agents or the vendors Solicitor.

VENDORS SOLICITORS
Ms Katherine Prestwell-Walker, Cartmell Shepherd Limited, Montgomery Way, Rosehill, Carlisle, CA2 2RW. Tel: 01228 514077. Email: [email protected]

ENVIRONMENTAL ISSUES
Insofar as the Vendor is aware, the property is not affected by any environmental, historical, archaeological or other statutory designation.

WATER SUPPLY
The land has a metered mains water supply.

 

BOUNDARIES
Responsibility for the maintenance of boundaries is indicated by inward facing ‘T’ marks on the Sale Plan and is from information provided by the Vendor. Where no mark is shown no further information is available.

SPORTING AND MINERAL RIGHTS
The Mines and Mineral and ancillary powers of working are excluded. Insofar as the sporting
rights are owned by the Vendor, they are included in the sale at no extra charge.
INGOINGS AND OUTGOINGS
There are no ingoing or outgoing Claims

VALUED ADDED TAX (VAT)
VAT will not be charged on the sale.

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