A convenient and desirable block of approximately 99.94 acres (40.44 hectares) of Grade 3 productive arable farmland with excellent road frontage.
* Offers are to be received no later than midday on Wednesday 4th November 2020 *
The land is located around the hamlet of Treburrick, situated close to Porthcothan Bay and Bedruthan Steps on the North Cornwall coast.
Located in the established agricultural area situated between Padstow (6km), Newquay (10km) and Wadebridge (13km), the land is accessed via the B3276 coastal road or via minor country roads from the A39 (Atlantic Highway) between St Columb and Wadebridge, with its connections to the A30.
Its proximity to the popular North Cornwall coast, with its plethora of beaches, coast path and coastal destinations results in the land being located close to a number of leisure businesses, such as the neighbouring MacDonalds Farm Park and B&B along with a host of other holiday parks, accommodation providers and tourist businesses.
Accessed by a number of minor country roads that run between the lots, each lot has individual, direct road access.
The land consists of approximately 99.94 acres (40.44 hectares) of Grade 3 productive arable farmland with excellent road frontage, with very little waste. Predominantly divided into two equally sized areas, along with a single field slightly detached from the remainder of the land, it consists of generally level, large fields with excellent access throughout. The land is classified at Grade 3 on the Agricultural Land Classification map, is easily worked and according to the Cranfield University Soilscapes database is predominantly classified as freely draining slightly acid loamy soils suitable for a range of spring and autumn sown crops, with a long grazing season if down to grass.
Occupied and managed to a high standard the land has recently been used for the growing of cereals, vegetables and potatoes, it would also suit grazing use or non-agricultural uses such as equestrian or for amenity and wildlife purposes, due to being located in an Area of Outstanding Natural Beauty.
The individual lots can be described as follows:
Lot 1: 48.90 acres (19.78 hectares) of flat, level arable land situated in 3 large enclosures, each enclosure with individual road access.
Lot 2: 46.30 acres (18.74 hectares) of level arable land in 5 enclosures, with a southerly aspect as it gently runs down into a valley. The land includes a former quarry and approximately 0.79 acres (0.35 hectares) of waste/wildlife land unsuitable for cultivation. The lot includes a private track that connects to Lot 3.
Lot 3: A single, 4.74 acre (1.92 hectare) arable field with direct road access, and with access to Lot 2 if required via a private track. Isolated from the remainder of the land, this lot is ideally suited either for continued agricultural use or for equestrian and amenity purposes.
METHOD OF SALE
The property is offered for sale by private treaty as a whole or in 3 lots.
TENURE & POSSESSION
The freehold of the property is offered for sale, all the land being subject to a Farm Business Tenancy which expires on 31st March 2021 with an apportioned passing rent of £9,900 per annum plus 90% of the Basic Payment Scheme payment. It is expected that the land will be left bare at the end of the tenancy with no growing crops, to allow the buyer to use the land as they wish after this date. Further details of the tenancy agreement can be obtained from the agent. The rent will be apportioned between the lots as determined by the vendor, if required.
BASIC PAYMENT SCHEME
The sale includes the Basic Payment Scheme entitlements. These are currently held by the tenant on behalf of the vendor and will be transferred to the buyer on completion.
We understand the entitlements are allocated as follows:
Lot 1: 19.83 Lot 2: 18.69 Lot 3: 1.92
The 2020 payment will be retained in full by the vendor and tenant.
No environmental schemes are present on the land.
The two fields hatched on the land plan will be subject to an overage agreement. 30% of any uplift in value of the relevant land will be payable by the buyer on the grant of planning permission for any use other than for agricultural or equestrian purposes.
All of the land is located with the Carnewas to Stepper Point section of the Cornwall Area of Outstanding Natural Beauty (AONB).
A schedule of cropping is available from the agent on request.
No services are connected to the land. However, due to the proximity of road, residential and commercial properties and power lines that run over the land, it is expected the services could be connected relatively easily. Buyers are to make their own enquiries.
WAYLEAVES EASEMENTS & RIGHTS OF WAY
The property to be sold subject to, or with the benefit of all Wayleaves, Easements, Quasi Easements, Rights of Way, Covenants and Restrictions whether mentioned in these particulars or not.
A right of way for all purposes around the edge of one field within Lot 1, as shown on the land plan coloured brown, will be retained by the vendor.
A public right of way (footpath) runs over Lot 2.
SPORTING TIMBER & MINERAL RIGHTS
We understand that these rights are included in the sale.
Cornwall Council cornwall.gov.uk
Viewings are strictly by appointment with Carter Jonas on 01872 487620. Much of the land can be seen from the public highway and the footpath running over Lot 2.
From the A30, take the Indian Queens junction and continue on the A39 towards Wadebridge. After passing St Columb Major, take the left turn signposted to St Eval. Follow the signs and pass through the village of St Eval. At St Eval church turn right, signposted to Padstow, St Merryn and Porthcothan and after approximately 1 km you will reach Treburrick, the land is on the left prior to entering the village and on the left and right sides of the road as you exit the village. From the B3276 coast road, approximately 1 km to the south of Porthcothan, turn inland towards the village of Treburrick, The land is on the left and right of the road before you enter the village and on the right as you exit the village.
The next steps...
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