Saddle Bow King’s Lynn, Norfolk PE34 3AP

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Commercial arable land with vacant possession

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Location

The land is on the southern outskirts of Kings Lynn, about 2 miles from the town centre.

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Description

This productive near silt soil is capable of growing most crops, although in recent years only corn and bean crops have been taken. It is as contained in the following schedule and as seen on the plan. Total area is 160.91 acres (65.12ha)

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Method of Sale

For sale by private treaty

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Tenure and possession

Freehold with vacant possession on completion

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VAT

The vendor has elected not to charge VAT and VAT will not be payable on the purchase price

 

Basic Payments

The land is registered on the rural land register. The land formed part of the vendors 2018 basic payment application and the vendor will retain the benefit of the 2018 payments. A copy of the vendor’s 2018 BPS application is available upon request. Sufficient number of entitlements will be transferred on completion depending upon DEFRA rules etc

 

Environmental Schemes

The land is not entered into any environmental scheme.

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Sporting Timber and Mineral rights

All Sporting Timber and Mineral rights are included within the sale in so far as they are owned

 

Drainage Rates

To be apportioned by east of Ouse IDB (approx £6 per acre)

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Local Authority

Borough Council of King's Lynn & West Norfolk, Kings Court, Chapel Street King's Lynn Norfolk PE30 1EX

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Boundaries

The vendor and agent will make reasonable efforts to specify the ownership of boundary hedges, fences and ditches etc, but will not be bound to determine these.  The property is available for inspection and the purchaser will be deemed to have satisfied themselves as to the ownership of the boundaries.

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Areas & Plans

All plans are for identification purposes only and areas were taken from the rural land registry data June 2019

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Tenant Right

Any purchaser will be expected to pay for any crops in the ground at cost, dependant on time of year of completion. Enhancement will only be charged if completion is beyond 3 months from 10th October 2019. All acts of cultivation will be charged at CAAV prices (Wisbech association). There will be no claim for UMV’s nor any claim for dilapidations (if any). The vendors reserve the right to remove any stone which is deposited on the south-east corner of 2203 for up to 1 year from completion.

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Photographs were taken in August 2019

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Guide Price:  £1.35m to £1.5m

   

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