Grade 2 arable land extending to about 8.08 acres.
FOR SALE BY DIRECTION OF THE LINCOLNSHIRE DIOCESAN TRUST & BOARD OF FINANCE LIMITED
Classified as Grade 2, the Soil Survey of England and Wales records the soils as being of the Wallasea 2 series, which is deep stoneless clayey soils, calcareous in places. Some deep calcareous silty soils. Flat land often with low ridges giving a complex soil pattern. Groundwater controlled by ditches and pumps. Suitable for winter cereals and some sugar beet, potatoes, cereals and field vegetables.
Basic Payment Scheme - the land is registered to receive payments under the Basic Payment Scheme, the entitlements are held by the tenant and can be transferred back to the landlord for open market value.
The lot is subject to a restrictive covenant and an overage clause which are detailed in the particulars.
The land is sold freehold subject to a Farm Business Tenancy which expires on 11th October 2019.
For Sale By Informal Tender with a deadline for submissions of 12 noon on Wednesday 3rd July 2019. Tender form available on request.
Grade 2 arable landSam Thomas