Land for sale

Brascote, Newbold Verdon, Leicester LE9

An excellent mixed arable and grassland holding in an accessible location with amenity woodland and restored wetland with lakes. Available as a whole or in up to two lots.

Offered for sale by Private Treaty.

Lot 1 - Land East of Ashby Road, Cadeby
About 25.73 acres (10.41ha) of mixed grassland, woodland and hardstanding area in all.

• 2.77 acres of hard standing area
• 12.38 acres of grade 3 permanent pasture
• 10.58 acres of mixed woodland

The farmland and woodland are subject to two farm business tenancies.
One tenancy expires on the 29th of September 2026, subject to a rolling three month break clause and the second tenancy expires on the 24th of March 2028, subject to a rolling two month break clause. The hardstanding area is subject to a business lease with a five year term expiring on the 31st of August 2027 with Landlord development break clause of not less than three months notice.

Lot 2 - Land South of Brascote Lane, Cadeby
About 131.01 acres (53.02 ha) of mixed arable, woodland and restored wetland.

• 37.62 acres of grade 3 arable land
• 45.03 acres of woodland
• 48.36 acres of restored wetland

The farmland and some parts of the woodland are subject to a farm business tenancy expiring 24 January 2028 with a rolling three month break clause.

Situation
The land off Brascote Lane is positioned east of Cadeby and south of Newbold Verdon,
located in the rural district of Hinkley and Bosworth, Leicestershire. Lot 1 is positioned east of the A447 Ashby Road with good links to the surrounding area. Lot 2 is located south of Brascote lane with links onto the B582 Desford Road. The surrounding areas of Market Bosworth and Newbold Verdon provide good amenity links to the land providing an exciting investment opportunity for the area.

Land and Soil Type
The soils can be described as grade 3 being a mixture of slowly permeable seasonally wet slightly acid but base-rich loamy and clayey soils and loamy soils with naturally high groundwater; the land is a mixture of arable, grassland, and woodland. The restored land has been restored with the purpose of being a wetland habitat providing ecological benefit. The arable land is capable of growing all conventional cereal crops. Further details on the access arrangements for all sections of the land can be provided upon request.

Services
Prospective purchasers must satisfy themselves as to the availability of services and any future connections.

Tenure
The property is to be sold freehold with vacant possession, subject to three farm business tenancies and one commercial business tenancy summarised below.

Lot 1
Grassland/ Woodland - fbt for 2 years, expires on the 29th September 2026, with a 3 month break clause and an annual rent of £232.00.

Grassland/ Woodland - fbt for 2 years, expires on the 24th March 2028 with a 2 month break clause and an annual rent of £1,122.00.

Commercial Hardstanding Area - Business lease with a 5 year term from 1st September 2022 up to and including 31st August 2027. Landlord development break clause being no less than three months notice. Annual rent is £5,455.00.

Lot 2
Arable Land and Some Woodland - fbt for 2 years expires on the 24th January 2028, with a 3 month break clause and an annual rent of £2,086.80.

Ingoing Crop Valuation
Subject to date of sale completion, an ingoing valuation may be required.

VAT
The property is opted for VAT and as such VAT will be payable on the purchase price. Any guide price quoted or discussed is exclusive of VAT.

Method of Sale
The land is offered for sale by Private Treaty and is available in two lots or as a whole. Please note: The vendors reserve the right to conclude the sale by any means at their discretion and the vendors are not obliged to accept the highest or indeed any offer submitted.

Local Authority
Hinckley and Bosworth Borough Council and Leicestershire County Council.

Public Rights of Way, Wayleaves and Easements
The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.

A public footpath runs through both Lot 1 and Lot 2 and is shown on the sale plan. An overhead electricity line crosses the property on both Lot 1 and Lot 2. The property is subject to a number of easements for access, drainage, and supply of water, soil, gas, electricity, telephone and other services supplies for the benefit of third parties. The property is sold subject to all rights of way, wayleaves and easements, whether or not they are defined in this brochure.

Planning
The selling agents will not provide advice/guidance on the planning history for the property/land. Interested parties are advised to make their own investigations. It is assumed that enquiries have been satisfied, prior to an offer being made.

Anti Money Laundering Regulations (aml)
In accordance with Anti Money Laundering Regulations (aml), we are required to request forms of identification and carry out due diligence on any parties connected to a successful offer. Should an offer be made on behalf of a business/company, aml due diligence will also be necessary. Proof/source of funding must be supplied, prior to offer acceptance.

Plans and Boundaries
The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct, but accuracy is not guaranteed. The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.

Overage
The Vendor is open to considering the inclusion of an overage provision as part of any sale. Terms to be agreed / further information can be provided by the selling agents.

Pre-Emption
The Vendor may consider the inclusion of a right of pre-emption, subject to negotiation.

Mineral, Sporting, and Timber Rights
The sporting, mineral and timber rights will be transferred with the freehold title where owned.

Nitrate Vulnerable Zone (nvz)
The Property lies within an nvz Area and is subject to the usual restrictions.

Basic Payment Scheme and Environmental Schemes
The land has historically been registered for payments under the Basic Payment Scheme and all de-linked payments relevant to the land will be retained by the Tenants.
The grassland to the north west of Lot 1 is entered into a Sustainable Farming Incentive scheme (until March 2027) and the arable land to the south of Lot 2 is entered into a Sustainable Farming Incentive scheme (until June 2027).

Viewings
Strictly by appointment through Fisher German LLP. Parties are not permitted to inspect the property unaccompanied.

Directions

Postcode
Lot 1 – CV13 0BB

Lot 2 - LE9 9LE

What3words
Lot 1 – ///join.chosen.repeating

Lot 2 - ///props.smokers.weeds