Lot 2- Pasture Land At The Corkerets, Gravel Drove, Coveney, Ely, Cambridgeshire, CB6 2DG

Location

The land occupies a rural position less than one mile west of Wardy Hill and approximately 1.2 miles north of Witcham. The village of Coveney is located about 1.8 miles to the east, with the historic city of Ely situated approximately 4.5 miles away and Cambridge around 20 miles to the south.

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Detailed Description

A single block of permanent pasture land extending to approximately 12.15 acres (4.92 hectares), including a pond located towards the northern boundary. Access to this parcel is obtained via an unmade track running to the south of Lot 1, which connects back to Gravel Drove.

The land is designated as Grade 2 and Grade 3 land with the soils belonging to Peacock soil association which is described as being deep humose calcareous clayey and non-calcareous fine loamy over clayey soils.

METHOD OF SALE
The Property is offered for sale by Private Treaty as a whole or in two lots.

OVERAGE
The property is subject to an existing Overage Agreement. The Agreement is for a period of 80 years with a value uplift of 50% and commenced November 2012. The Overage will be triggered upon the implementation of planning permission of anything outside the Primary Use, or upon disposal with the benefit of such planning permission. The Primary Use covers agriculture, wetland habitat, equestrian and the ability to erect structures used ancillary to the stated use.

Further details can be obtained from the Selling Agent

STATUTORY DESIGNATION
All land lies within a Surface Water Nitrate Vulnerable Zone.

BASIC PAYMENT SCHEME (BPS)
The remaining BPS de-linked payments will be retained by the current Occupiers until the end of the scheme in 2027.

WAYLEAVES, EASEMENTS, AND RIGHTS OF WAY
The land is sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, support, drainage , water and electricity supplies and other rights, easements, quasi-easements, and all wayleaves whether referred to or not in these Particulars.

BOUNDARIES
The Buyer(s) shall be deemed to have full knowledge of all boundaries and neither the Sellers nor the Selling Agents will be responsible for defining boundaries nor their ownership.

OUTGOINGS
Drainage Rates are payable to Littleport and Downham Internal Drainage Board, to be apportioned upon completion.

SPORTING, MINERAL, AND TIMBER
All sporting and mineral rights and timber or timber like trees (except as reserved by Statute or to the Crown) are included in the sale.

EXCHANGE OF CONTRACTS
Exchange of Contracts is to take place 21 days after receipt by the Buyer(s) Solicitor of the draft Contract.

A deposit of 10% of the purchase price will be payable on Exchange of Contracts. Depending on timing of completion, Early Entry maybe available for a Buyer subject to Terms to be agreed.

TOWN AND COUNTRY PLANNING
The Buyer(s) shall be deemed to have full knowledge and be satisfied as to any planning matters that may affect the property.

FIXTURES AND FITTINGS
All fixtures and fittings are excluded from the Sale unless specifically referred to in these Particulars.

PLANS, AREAS AND SCHEDULES
These have been prepared as carefully as possible and based on Ordnance Survey data. The plans are published for illustrative purposes only and although they are believed to be correct, their accuracy is not guaranteed.

DISPUTES
Should any disputes arise as to the boundaries or any points concerning the particulars, schedules, plans and tenant right issues, or the interpretation of any of them, the question will be referred to an arbitrator appointed by the Selling Agents.

ANTI-MONEY LAUNDERING
In accordance with the most recent Anti-Money Laundering Legislation, a Buyer(s) will be required to provide proof of identity and address to the Selling agents once an offer has been submitted and accepted (Subject to Contract) prior to solicitors being instructed.

HEALTH AND SAFETY
The Property is part of a working farm and therefore viewers should be careful and vigilant whilst on the holding. Neither the Sellers nor the Selling Agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk.

VAT

The land is not opted for Tax, so VAT is not applicable.

Viewing

Strictly by appointment with Brown&Co. Please call the Selling Agents on .