St Allen, Truro TR4

St Allen, Truro TR4

79 acres (32 hectares)

Asking price £850,000
Truro 2.4 miles
Forge Way 0.6 miles
Post Office 0.7 miles

A block of 78.99 acres of productive Grade 2/3 arable land located in an accessible and strategically central position within Cornwall.

OFFERS TO BE RECEIVED NO LATER THAN MIDDAY ON MONDAY 18TH JULY 2022

A productive block of Grade 2/3 arable land located in an accessible and strategically central position within Cornwall.

LOCATION

The land is located to the north of the city of Truro, adjacent to the B3284 as it runs between the A30 and Truro. Accessed from numerous entrances from both the B3284 and an additional public highway that runs through the middle of the land.

LAND

The land consists of a commercial block of bare agricultural land of a high quality, being classed as Grade 2 and Grade 3 on the Agricultural Land Classification map. According to the Cranfield University Soilscapes database the soil is predominantly classified as freely draining slightly acidic loamy soils, usually associated with arable and grassland.

6 large fields encompass the entire holding, which consists of level, productive farmland that gently slopes northwards into the valley. Occupied and managed to a high standard the land is currently in winter and spring arable crops but has recently been used for cauliflower and grass production, a cropping schedule can be provided by the agent on request. A strip of land forming part of the current cultivated area along the northern woodland boundary is being retained as a buffer strip for environmental purposes. All but one field
has its own independent road access in addition to inter field access gateways. Access to field 0677 via the gateway in the far north, opposite the entrance to the residential dwellings and currently closed off, will not be granted.

An adjacent 12.09 acre arable land
in one field along with an agricultural
building is also available, advertised as a separate second lot and as part of the whole.

METHOD OF SALE

The property is offered for sale by private treaty along with a second lot located adjacent.

TENURE & POSSESSION

The freehold of the property is offered for sale, all the land being subject to one of two cropping licences due to expire on either 28th September 2022 and 30th November 2022, with a combined rent of approximately £14,218 per crop being paid for the land being sold. Further details can be provided by the agent. The vendors will retain all payments due if completion takes place prior to the end of the cropping licences.

BASIC PAYMENT SCHEME

The sale includes the Basic Payment Scheme entitlements. These are currently held by the vendor and will be transferred to the buyer on completion. The 2022 payment will be retained in full by the vendor.

SERVICES

No services are connected to the land. However, due to the proximity of roads and neighbouring residential properties, it is expected that services could be connected relatively easily. Buyers are to make their own enquiries.

If the neighbouring 12.09 acre field is sold separately, it will benefit from a water pipe laid under the property and an easement will be granted to allow an independent mains water connection to be made by the buyer of the neighbouring field.

ENVIRONMENTAL SCHEMES

No environmental schemes are present
on the land.

DESIGNATIONS

A Site of Special Scientific Interest and County Wildlife Site are located to the north and north-west of the property, the retained land forming a buffer strip between the property and the designated areas.

HOLDOVER & EARLY ENTRY

Following clearance of crops and expiry of the cropping licences early entry may be available on exchange of contracts.

ADDITIONAL INFORMATION

A cropping schedule is available from the agent on request.

WAYLEAVES EASEMENTS & RIGHTS OF WAY

A public right of way runs over Field 0677, between the B3284 and the minor public highway.

A water main runs over Field 0677. The property is to be sold subject to, or with the benefit of, all Wayleaves, Easements, Quasi Easements and Restrictions whether mentioned in these particulars or not.

VAT

Not payable.

SPORTING TIMBER & MINERAL RIGHTS

Mineral rights are excluded, sporting rights are included.

LOCAL AUTHORITY

Cornwall Council
cornwall.co.uk

DIRECTIONS

Leave Truro on the B3284 towards Shortlanesend. Pass through the village and continue towards the A30. The land is located on the right hand side of the road approximately 500m after leaving the village, prior to entering Allet. On entering Allet, take the first turning on the right to access the public highway that runs through the land.

From the A30, leave at the Chybucca junction and head towards Truro on the A3284. At Allet take the second left onto the public highway that runs through the land. Continue on the B3284 towards Truro and the land is on the left hand side as you
leave the village.

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The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

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  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

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Key Property Details
Property type
Land
Arable Size
91.1 acres (36.9 hectares)
Total land
79 acres (32 hectares)
Land Grade
2
Rural Tenancy
Let FBT (Farm business tenancy)
Carter Jonas reference
TRU220004
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