27 acres of agricultural land

A productive block of 27.23 acres (stms) of strageic commercial arable land on the outskirts of watton with hope value. Currently pasture land it is located next to Redhill Country Park and opposite St Marys Church cemetary and can be accessed off both Redhill Lane and Church Road. It is just north of the town centre with new build houses nearby. The three fields each have their own title number NK280677 for the 12.5 acre field to the rear  (field no 2929), NK173688 for the 6.06 acre field next to Church Road (field no 2710) and NK219572 for the 8.67 acre field next to park home site (field no 4223). The land is subject to a three year farm business tenancy (FBT) dated 25 October 2012 (producing £3,270 pa payable £1,635 per half year, resulting in a yield of 1.3% based on the Guide Price) now holding over. The tenant is flexible about remaining in occupation.

Tenure

Freehold

Overage

The land will be sold subject to an overage clause, 20% for 25 years with effect from completion. Details will be in the online legal pack.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Breckland Council

Solicitors

Ward Gethin Archer (Dereham), Ref: Tracy Guest, Tel: 01362 852918

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.