Chilton Moor, Houghton Le Spring, County Durham

£550,000

Guide price

A ring fenced block of 123.53 acres (50 ha) of arable land with good access.

DESCRIPTION

The land at Wheatley Heads comprises a ring fenced block of mainly arable land extending to approximately 123.53 acres (50 ha) of productive arable land. It has direct access from the public highway with good internal field tracks.

The land is situated about half a mile from both Chilton Moor and Great Lumley and is within 3 miles of Chester Le Street. Access to the A1(M) is only 3 miles south at junction 62 to Durham.

The land is a medium to heavy clay loam which is identified as Grade 3 on the Natural England classification maps and as best suited to arable and grass production. It is generally level to gently undulating lying between about 50 m and 65 m above sea level.

In 2018 the cropping includes 100.45 acres (40.65ha) of Winter Oilseed Rape and about 13.84 ac (5.60ha) of fallow ground. The remainder is miscellaneous none claimable land.

BASIC PAYMENT SCHEME

The land is registered on the Rural Land Register and is to be sold with the benefit of Basic Payment Scheme Entitlements (BPS) at no additional cost. The Entitlements are currently held by and will be claimed by the Vendor. The Purchaser(s) will be obligated to continue to manage the land in compliance with the scheme rules for the remainder of the calendar year and will be required to indemnify the Vendor from any breach or non-compliance.

The Vendor will endeavour to facilitate the transfer to the Purchaser(s) of normal Non-SDA Entitlements. GSC Grays will administer the transfer and charge the Purchaser(s) a fee of £200 plus VAT.

METHOD OF SALE

The land is offered for sale by private treaty. All potential purchasers are advised to register their interest with the Selling Agents so that they can be advised as to how the sale will be concluded.

TENURE

The property is to be sold freehold with vacant possession.

COMPLETION DATE

It is anticipated that completion will be following the 2018 harvest.

SPORTING RIGHTS

These are included in the sale in so far as they are owned.

MINERAL RIGHTS

The mineral rights are included in the sale in so far as they are owned.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY

The property is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, drainage, water and electricity supplies and all other rights obligations, easements, quasi-easements and all wayleaves and covenants, whether disclosed or not.

SERVICES

There are no public utilities to the land.

BOUNDARIES

The Vendor will only sell such interests as they have in the boundary hedges and fences.

GUIDE PRICE

Price on application

DIRECTIONS

From Junction 64 on the A1(M) take the A690 sign posted to Sunderland. After about 1 mile turn left and skirt round West Rainton before turning right after about 1 mile on to Black Boy Lane. The field access is on the right after about 400 meters.

VIEWING AND HEALTH & SAFETY

By appointment through the Selling Agents.

Please take care when viewing the property particularly as this is a working farm. For your own personal safety, you should remain as vigilant as possible particularly around machinery.

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Arrange viewing 01833 908027

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12 The Bank, Barnard Castle, County Durham

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