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Agent's details

Property agent
Simon Evans

Land at Binham, Fakenham, Norfolk

For sale: £1,800,000.00|72.76 Hectares|Land, Commercial Land

Property details

FOR SALE£1,800,000.00
SIZE72.76 Hectares
ADDRESSLand at Binham, Fakenham, Norfolk
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON9th July 2021

Description

Four parcels of productive arable land extending to approximately 72.762 Ha (179.79 Ac) with frontage onto Walsingham and Blakeney Road Binham. The land situated in useful sized blocks and is gently undulating.

The land is classified as Grade 2 and 3 and each lot comprises the following:
Lot 1 Two parcels totalling 15.003Ha (37.072Ac) shown edged red on the Plan.
Lot 2 A single parcel totalling 16.849Ha (41.633Ac) shown edged blue on the Plan to include a small pond (0.02Ha).
Lot 3 Three parcels contained in an area of 30.229Ha (74.696Ac) shown edged brown on the plan to include ponds and track measuring 0.33Ha.
Lot 4 A single parcel measuring 10.682Ha (26.395Ac) and shown edged purple on the plan including a pond (0.11Ha).
The soils are of the Burlingham, Fincham and Freckenham soil series known to be loamy and sandy with a chalk till.. The land has been in arable production for many years and has formed part of a combinable and root crop rotation.

VIEWING
Viewing during daylight hours only with a copy of these particulars in hand. Please be careful and vigilant when making an inspection for your own personal safety and please adhere to all current guidelines regarding COVID19.

METHOD OF SALE
The property is offered for sale by Private Treaty in 4 lots as detailed above with a Guide Price of £1,800,000 for the whole.

TENURE AND POSSESSION
Freehold. Vacant possession will be given on completion subject to Holdover.

RESTRICTIVE COVENANT
A restrictive covenant will be in place prohibiting the land detailed as Lots 1 and 2 being used for pigs or poultry.

BASIC PAYMENT SCHEME
The property is registered with the Rural Payments Agency and is eligible for claiming the Basic Payment Scheme. 72.23 Ha of Entitlements are included as part of the sale. In the event the farm is sold in separate lots the entitlements will be split on a pro rata basis.

HOLDOVER
The Vendor retains the right of Holdover for the area planted with Potatoes until 30th November 2021.
( Agency Pilot Software Ref: 335207 )

Location

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Location: Land at Binham, Fakenham, Norfolk
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