The Land
The land extends to approximately 178.84 acres (72.37 hectares).
The land presents an exciting opportunity to acquire good quality, Grade 3 arable land extending to approximately 178.84 acres (72.37 hectares). Ideally suited to those with an interest in farming and agriculture, and being conveniently located close to the A68, the land also has the benefit of a well proportioned steel portal framed building that could be used for a variety of purposes.
Tenure & Possession
It is understood that the land is freehold and currently let out on a Farm Business Tenancy. The tenant has been served with a Notice to Quit on the whole and vacant possession will be obtained as of 14th October 2024.
Access
The land at Lot Two is accessed via the B6275.
Services
The land does not have any water or electric connections that the agent has been made aware of.
There is no broadband connection to this land and we understand that there is mobile coverage availability in this area.
Local Authority
Lot Two | Durham County Council.
Asbestos
The agent is not in receipt of an asbestos survey and therefore is unable to confirm whether it is present or if so the extent of any deleterious matter. Purchasers should satisfy themselves as to the exact position in this regard.
what3words
Every three metre square of the world has been given a unique combination of three words. A free App is available for iOS and Android smartphones and using the unique sequence of words below you will be able to pinpoint this property.
Lot Two ///minute.ooze.upgrading
Wayleaves, Easements and Rights of Way
The property is sold subject and with the benefit of all rights of way, water, drainage, water courses and other easements, quasi or reputed easements and rights of adjoining owner, if any, affecting the same and all existing and proposed wayleaves or other matters registered by any competent authority subject to statute.
We understand there to be two Public Footpaths over Lot Two which are shown on the sale plan enclosed.
To the northern boundary of Lot Two there is a right of way granted for the neighbouring property and their successors in title the owner/occupiers for the time being of the said property or any part thereof at all times with or without vehicles and/or animals and for all agricultural purposes over and along the strip of land fifteen feet wide. Further details can be provided by the agent.
Sporting and Mineral Rights
All sporting rights will be included in the sale insofar as they are owned while mineral rights are reserved to a third party.
Overage Provision
The land is being sold subject to an overage clause, meaning that 50% of the uplift in value will be payable to the vendors over 50 years from the date of sale, and will be triggered by the implementation of, or sale with, planning consent for any use in relation to energy projects.
Viewings
Viewings are strictly by prior appointment with George F. White.
Flood Risk
The agent has not been made aware of any flooding on the land however information taken from the gov.uk website suggests that there is a medium risk of surface water flooding in this area.
Method of Sale
The land is offered for sale by private treaty as a whole or in two lots and purchasers should register their interest with the selling agents as soon as possible.
The Vendor reserves the right to invite best and final offers by a closing date. If you have downloaded a copy of these particulars, please register your interest with George F. White, in order to be kept informed as to how we propose to conclude the sale. It should be noted that the vendor is not under any obligation to accept the highest, or indeed any offer.
Land Registry
Further details of the property titles can be found through Land Registry under the following title numbers.
Lot Two | DU159884, DU176128 and DU150221.
Particulars Photography
Photography in these particulars was taken in August 2023.
Date of Particulars
These particulars were created in January 2024.
Important Notice
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract.
Lot 2 - An exciting opportunity to purchase an excellent block of agricultural land, situated in a very accessible location with 178.84 acres (72.37 hectares) of arable land and a traditional steel portal framed building.
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This is a Freehold property.
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