About this property
Key Features
Freehold with vacant possession (subject to notice pending)
Good rural location
Suitable for root crops
26.98 acres of Grade 1 arable land in two parcels
Description
An opportunity to purchase two parcels of arable land extending to 26.98 acres (10.92 hectares). The land is classified as being Grade 1 and is of Downholland 1 soil type, suitable for growing cereals, sugar beet, potatoes and field vegetables. The land is bordered by arable land on 3 sides and access roadway to the west.
The two parcels neighbour each other and measure to total 26.98 acres
The recent cropping for the previous five years has been:
2018 - Maize
2017 - Sugar beet
2016 - Maize
2015 - Wheat
2014 - Potatoes
Tenure
Freehold subject to Farm Business Tenancy
Location
Heading west away from Ely on the A142 continue past the village of Mepal and over the River Delph where upon Engine Bank can be found almost immediately on the right hand side. Turn right on to Engine Bank and continue along for approximately 700 meters and then take the turning on the left, where upon the land can found on the right hand side after a further 100 meters.
General Remarks & Stipulations
The land is sold subject to any wayleaves, covenants and rights of way that may exist. All sporting, mineral and timber rights are included in the sale as far as they are owned. Please see the legal pack for further details.
Tenancies
The land is currently occupied under an annual Farm Business Tenancy. Notice to quit has been served with the tenancy to expire on the 10th October 2019.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Will Stokes of Howes Percival LLP, Cambridge, 01223 791003, will.stokes@howespercival.com
Viewing
Ely Rural Professionals on 01353 654900
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�