Chaddesley Corbett, Kidderminster, Worcestershire
£800,000

Guide price

For sale by private treaty

75 acres of Grade 2 arable land & fishing pools

Description

A well-shaped block of slightly sloping high class Grade 2 arable land, of the Bromsgrove Series of soils associated with growing a variety of high value arable and horticultural crops and fishing pools in an attractive setting.

Situation

Conveniently situated and enjoying long frontage to Curslow Lane which runs from the A448 trunk road from Kidderminster to Bromsgrove the A442 Kidderminster to Droitwich Road.

Overage

The land will be sold subject to an uplift provision which will specify that 30% of any increase in value due to development as defined in Section 55 of the Town and Country Planning Act 1990) for renewable energy purposes and development will be payable to the Vendors or their successors in title should such development occur within 25 years from the date of completion. The uplift will be payable upon implementation or on future sale with the benefit of a planning consent.

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.

Agents Notes

• Oil Seed Rape crop to be harvested and then completion can take place.

• Approximately 9 acres in the south of the block is subject to a long-term Farm Business Tenancy dated 22/08/2020 at a rent of £2115 per annum, payable quarterly in advance for a maximum period of 2033, for asparagus let to Sandfields Farms Ltd.

• The Pools are let on a lease of fishing rights, which commenced 01/22/2018 and runs to 31/10/2028, to White Swan Piscatorials at an annual rent of £3500, payable in advance. (Will vacate if necessary, after valid Notice)

• Small area occupied by Harriers Field Target Club (air gun target range). Term dates – November. £1000 payable and a further £500 payable in following May (no agreement).

• Small areas of woodland subject to Farm Woodland Premium Scheme (FWPS).

• The purchaser to lay an access track to the pools from Curslow Lane.

• There is no irrigation licence in place.

• Right to extract water from a Borehole to supplement the pools.

Services

We understand that there is a mains water connection situated just inside the entrance to the land, currently identified by a small pile of stone blocks. We are not aware of any other services being connected to the Property, but prospective purchasers should make their own independent enquiries.

Basic Payment Scheme and Environmental Schemes

The land has historically been registered for payments under the Basic Payment Scheme and all delinked payments and entitlements relevant to the land will be retained by the Vendors and will not be available to the Purchaser on completion of the sale.

Tenure and Possession

The land is freehold and vacant possession will be given upon completion. The Property is registered with the Land Registry under title number HW127889.

Ingoing Crop Valuation/Holdover

An ingoing crop valuation will not be required.

VAT

The property is not subject to VAT on the purchase so far as we are aware but reserve the right to do so should further information come to light.

Sporting, Mineral and Timber Rights

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

Nitrate Vulnerable Zones (NVZ)

The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions.

Local Authority

Wyre Forest District Council.

Public Rights of Way

The Property is sold subject to and with the benefit of all easements, quasi easements, wayleaves and rights of way both declared and undeclared. We are aware if a single Public Right of Way crossing the land.

Viewings

Strictly by appointment through Joint Agents

Fisher German LLP & Doorbars

Directions

Postcode – DY10 4PL

what3words ///glimmers.vessel.wriggled

01905 813787

Fisher German - Worcester

1 Kings Court, Charles Hastings Way, Worcester

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