BEST AND FINAL OFFERS BY 1PM ON THURSDAY 31ST AUGUST 2023. 8.34 acres (3.37 hectares) of productive grassland with road frontage onto Mill Lane subject to 2 Farm Business Tenancies. Read more
BEST AND FINAL OFFERS BY 1PM ON THURSDAY 31ST AUGUST 2023. 8.34 acres (3.37 hectares) of productive grassland with road frontage onto Mill Lane subject to 2 Farm Business Tenancies.
The Land The land comprises in total 8.15 acres (3.30 hectares) of productive grassland suitable for grazing and/or cutting. The land is split into two separate parcels, both of which have road frontage onto Mill Lane. The extent of the land is detailed on the sale plan enclosed within these particulars.
Farm Business Tenancies The land is sold subject to two Farm Business Tenancies
Both FBTs commenced on the 13 November 2016 for term of 1 year and roll on from year to year. Vacant possession can be achieved on the 13 November 2024 if a Notice to Quit is served on the Tenant no later than the 12 November 2023. The rent for field 1 is £300 per annum, and the rent for field 2 is £400 per annum.
Copies of the Farm Business Tenancies are available from the Agent on request.
Tenure & Possession The land is unregistered with HM Land Registry however is understood to be freehold.
Overage Provision The land is sold subject to an overage provision whereby the Vendors are entitled to 50% of the uplift in value of the land for a period of 25 years if planning permission is granted for any use or development other than agriculture, forestry or equestrian.
Rights, Easements and Wayleaves The land is sold subject to and with the benefit of all rights of way, water, drainage, water courses and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all existing and proposed wayleaves and other matters registered by any competent authority, subject to Statute.
Boundaries Boundaries are indicated on the sale plan and the responsibility and maintenance for these will be included within the sale insofar as they are owned.
Mineral Rights it is understood mineral rights for part of the land are owned by a third party.
Local Authority South Tyneside Council
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Viewings Viewings are strictly by prior appointment with George F. White.
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.
The land at Monkton Mill lies within close proximity to the town of Hebburn in South Tyneside.
This is a Freehold property.
Property at a glance
BEST AND FINAL OFFERS BY 1PM ON THURSDAY 10TH AUGUST 2023
8.34 acres (3.37 hectares) of productive grassland
George F. White is a multi-discipline team of highly experienced Chartered Surveyors, Farm Business Consultants, Land and Estate Agents, Planning Consultants, Architects, Building and Commercial Surveyors.
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Company Registration Number: OC304694 Registered office address: 4-6 Market Street, Alnwick, Northumberland NE66 1TL