Land At Shildon, Durham, County Durham, DL4 2QB | Property for sale | Savills
46.80 Ac(18.94 Ha)
Guide price £375,000($643,782)

Land At ShildonDurham, County Durham, DL4 2QB

  • Under offer
  • Freehold
Farm
46.8 Ac (18.94 Ha)

Key features

  • Productive arable land
  • Grade 3 Soils
  • Available in two lots
  • In all about 46.8 acres
  • .

Productive arable land positioned below the southern fringe of Shildon between Bishop Auckland and Newton Aycliffe. In all about 46.8 acres (18.94 ha).

About this property

  • LAND
    The land at Shildon extends to about 46.8 acres (18.94 Ha) in all, below the southern fringe of Shildon with swift access to the A6072. The land comprises two blocks of arable fields divided into three parcels either side of New House Farm, with the eastern block including a former quarry area.

    The arable land slopes gently southwards at approximately 130-135 metres above sea level and is well suited to cereal cropping. The land is classified as Grade 3 under the MAFF Provisional Agricultural Land Classification with soils from the Brickfield 3 series, being slowly permeable with fine loamy over clayey soils. Both lots are surrounded by open fields and bound by mature trees and hedgerows. Overall, the setting has significant amenity.

    Lot 1 (red on plan)
    The western block comprises two field parcels predominantly bordered by open fields with the eastern boundary part flanked by New House Farm, in all about 34.3 acres.

    Guide price £275,000

    Lot 2 (blue on plan)
    The eastern block is strategically placed providing good road access from the A6072. The lot includes a former quarry area and is bound by open fields and a track to the east, in all about 12.5 acres.

    Guide price £100,000

Additional information

  • Rights of Way, Easements & Wayleaves - The land is sold subject to, and with the benefit of all existing wayleaves, easements and rights of way, public and private whether specifically mentioned or not. Local electricity lines and one public footpath cross the land.
  • The land benefits from a right of way over the access track to New House Farm and shaded brown in the plan. Both parties have the right to use the lane for all purposes and at all times, with no requirement on either party to upgrade the lane beyond current condition. The purchaser is to make a 25% contribution for maintenance costs of the shared lane.
  • Local Authorities - The land strides the boundaries of Durham County Council and Darlington Borough Council.
  • Sporting Rights - The sporting rights are included insofar as they are owned.
  • Subsidies & Grants - The land is registered on the Rural Land Registry, the seller has claimed and will retain the 2023 Basic Payment (BPS) and any subsequent payments based on previous entitlements and historical claims. The land is also entered into the Sustainable Farm Incentive, however this cannot be transferred and will be removed from the scheme. The purchaser will indemnify the vendor against any noncompliance from the date of completion.
  • Mineral Rights - All mines and minerals are excepted from the sale.
  • Services - The vendors have no knowledge of the connection or availability of services.
  • Tenure - The freehold of the farmland is offered for sale with vacant possession on completion, any growing crops are to be purchased by the buyer(s) at a valuation to be completed by the selling agents.
  • Sale conditions - Lot 1 is sold subject to a development overage set at 30% of any future income results from the grant of planning consent for renewable energy development, for a period of 30 years from the date of completion of the sale.
  • Lot 2 is sold subject to an overage clause whereby 30% of the uplift in value attributable to the grant of planning permission for anything other than agriculture and equestrian use will be payable to the Vendor, the clause is to run for a period of 30 years.
  • Post Code - DL4 2QB (nearest)
  • what3words - Lot 1 ///unwanted.romantics.reflect, Lot 2 ///fluffed.gossiped.flaked
  • Method of Sale - The land is offered for sale by private treaty as a whole or in two lots as detailed in the sale plan. All prospective purchasers are encouraged to register their interest with the selling agents.
  • Viewing - The land may be inspected at all reasonable times, on foot, with a copy of the sale brochure. Care should be taken, with particular note to open ditches and drains.