Lot 2 - Arable Land At Dairy Drove, Littleport

AVAILABLE TO LET ON A SIX YEAR FARM BUSINESS TENANCY BY INFORMAL TENDER

CLOSING DATE: 12 noon on Friday 16th August 2024

TENANCY START DATE: 11TH OCTOBER 2024

LOT 2 - 10.24 Ha (25.30 Acres) OF ARABLE LAND AT DAIRY DROVE, LITTLEPORT AVAILABLE TO LET ON A SIX YEAR FARM BUSINESS TENANCY BY INFORMAL TENDER

Detailed Description

AVAILABLE TO LET ON A SIX YEAR FARM BUSINESS TENANCY BY INFORMAL TENDER

CLOSING DATE: 12 noon on Friday 16th August 2024

TENANCY START DATE: 11TH OCTOBER 2024


INTRODUCTION

The land coloured purple, red, blue and yellow on the attached plans is being offered to let by way of a six-year Farm Business Tenancy. Available as a whole or in up to four Lots.

THE LAND

The land comprises four Lots of arable land extending to approximately 18.31 hectares (45.24 acres) as follows:

Lot Hectares Acres Land Classification
Lot 2 10.24 25.30 Grade 1


Access / Nearest Postcodes/ what3words

Lot 2 - access is off Dairy Drove.

Basic Payment Scheme
The letting does not include any BPS entitlements or rights to claim any future payments.

Countryside Stewardship / Environmental Schemes
The Landlord will permit (subject to their prior consent) the land to be entered into a new Sustainable Farming Incentive (SFI) scheme. The Tenants enter such schemes at their own risk.


Nitrate Vulnerable Zone
All Lots are located within an Existing Surface Water Nitrate Vulnerable Zone. The incoming Tenant(s) will be required to adhere to all regulations in that regard.

Wayleaves & Easements and Rights of Way
The landlord will retain all wayleave and easement payments as they affect the Land.

A public footpath (Littleport No. 4) runs through Lot 2.

Sporting & Timber Rights
The sporting and timber rights will be reserved to the Landlord.

Cropping Schedule
Cropping History may be available on request.

Outgoings
The incoming Tenant(s) will be responsible for all drainage charges and any other outgoings from the commencement of the Tenancy.

TENANCY AGREEMENT
The land is to be let under a six-year Farm Business Tenancy and the requisite Notices will need to be exchanged prior to the letting. The Tenancy will make provision for the following matters amongst others: -

a) The tenancy will be granted to an individual who will be personally responsible for farming the land (either on his/her own account or as a Partner or Director of a farming business)

b) The Tenancies whether the land is let as a whole or in Lots will commence on 11th October 2024 and expire 10th October 2030

c) Rent will be payable half yearly in advance on 11th October and 6th April in each year, the first payment being due on 11th October 2024

d) The rent will be capable of review in accordance with the Agricultural Tenancies Act 1995

e) No Genetically Modified or Maize crops are to be grown on the holding

f) The incoming Tenant is to hold suitable public liability insurance (minimum £10,000,000)

g) The Land is let on a full repairing basis. The Tenant will be required to put and keep the land in good tenantable condition

h) The Tenant shall not be able to assign or under-let or share possession of the land or enter into any cropping licences with third parties

i) The Tenant will be required to use the land solely for agricultural purposes; specifically the growing of crops.

VAT
The Landlord reserves the right to charge VAT on the rent. The land is not currently opted for VAT.

VIEWING
Prospective Tenants may view the land at their own risk with this document in hand.


FORM OF TENDER
Applicants should complete the Tender Form attached and return the same to:

Lucy Bates BSc (Hons) MRICS FAAV, Brown & Co, The Fairways, Wyboston Lakes, Great North Road, Bedfordshire, MK44 3AL

Or by email to: lucy.

All envelopes/emails should be marked 'Tender - Arable Land at Hale Fen, Dairy Drove, Coles Pieces and North Fen, Black Bank Road, Littleport'

The closing date for receipt of applications in 12 noon on Friday 16th August 2024.

CONDITIONS OF TENDER
1. Tenders are to be submitted in writing on the attached form not later than 12 noon on Friday 16th August 2024 marked "Arable Land at Hale Fen, Dairy Drove, Coles Pieces and North Fen, Black Bank Road, Littleport' Tenders by email or post are acceptable.

2. Tenders to be for a fixed sum of money and not a sum of money calculable by reference to any other tender.

3. The Landlord reserves the right not to accept the highest or any other tender.
4. Potential Tenants will be advised of their success or otherwise of their tender within ten working days, subject to satisfactory references being obtained if necessary.
5. Potential Tenant(s) will be bound by their tender as soon as their tender has been accepted and they are notified of their success.
6. The successful Tenant(s) will be required to sign a Farm Business Tenancy Agreement to be prepared by Brown & Co. acting for the Landlord.
7. References may be required.

IMPORTANT NOTICE:
Brown & Co for themselves and for the Landlord of the property whose agents they are give notice that: The particulars are intended to give a fair and substantially correct overall description for the guidance of intending Tenants and do not constitute part of an offer or contract. Prospective Tenants ought to seek their own professional advice. All descriptions, dimensions, areas, reference to condition and if necessary, permissions for use and occupation and their details are given in good faith and are believed to be correct. Any intending Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Brown & Co has any authority to make or given any representation to warranty, whether in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Landlord. No responsibility can be accepted for any expenses incurred by any intending Tenants inspecting properties that have been let or withdrawn.

Measurements and other information: All measurements are approximate. Whilst we endeavour to make our particulars accurate and reliable, if there is any point which is of particular importance to you, please contact this office and we will be pleased to check the information for you.