Lot 4 - Hall Marsh Farm, Long Sutton PE12

Lot 4 - Hall Marsh Farm, Long Sutton PE12

5.8 acres (2.3 hectares)

Asking price £75,000
Market Court 0.4 miles
Bridge Hotel 3.3 miles
Station Road 3.7 miles

Lot 4: 5.75 acres (2.33 ha) of productive Grade 1 arable land with direct road access. This Lot offers potential for equestrian use or continued arable farming.

UNDER OFFER

Hall Marsh Farm
Long Sutton
Spalding
Lincolnshire
PE12 9LF

Hall Marsh Farm provides an excellent opportunity to acquire Grade 1 arable land together with a set of farm buildings on the eastern edge of Long Sutton.

Strategically located, the Property has scope for longer term residential and commercial development (STPP).

In all extending to 131.03 acres (53.03 ha).

For sale by private treaty as a whole or in up to 4 Lots.


PROPERTY
Hall Marsh Farm extends to approximately 131.03 acres (53.03 ha) in total, with a pair of agricultural barns offering potential for conversion (subject to planning permission (STPP).

Hall Marsh Farm is situated in a strategic location, offering potential longer term residential and commercial opportunities to investors.

The soils comprise Soilscape 21 which is described as loamy and clayey with naturally high groundwater.

The lighter soils are highly productive and support the growing of a wide range of both combinable and root crops.

The Property is available for sale in 4 Lots:

Lot 1: 107.20 acres (43.38 ha) of productive Grade 1 arable land which is divided into five parcels, separated by a mixture of trees, hedgerows and drainage ditches.

Lot 2: 16.83 acres (6.81 ha) of productive Grade 1 arable land bordered by Long Sutton village to the south-west and a solar farm to the north-west. There is a substantial concrete pad situated towards the north-western corner of the Lot, which provides a useful base for agricultural operations.

Lot 3: 1.25 acres (0.51 ha) of grassland with a pair of agricultural buildings. Building 1 comprises a steel portal-frame, with sheet metal walls and roofing, extending to approximately 2,607 sq ft (242 sqm). Building 2 is brick-built with corrugated roofing, extending to approximately 985 sqft (91 sqm). This is an opportunity to acquire two potential residential conversions (STPP) with direct access off the adopted highway.

Lot 4: 5.75 acres (2.33 ha) of productive Grade 1 arable land with direct road access.

This Lot offers potential for equestrian use or continued arable farming. Lot 4 is being sold subject to a Farm Business Tenancy, with Vacant Possession to be achieved by 31 October 2025 or sooner by agreement.


LOCATION
Long Sutton is located 12 miles north-west of King’s Lynn and 8.5 miles north of Wisbech, both of which offer a wide range of services and amenities.

The surrounding areas are accessible via the A17 and A1101.

Spalding Station offers direct rail links to Peterborough in under 30 minutes.


METHOD OF SALE
The Property is offered for sale by private treaty as a whole or in 4 Lots.


TENURE & POSSESSION
Lots 1, 2 & 3: Vacant Possession will be achieved in Autumn 2024 upon completion of the harvest.

Lot 4: Vacant Possession to be achieved by 31 October 2025 or sooner by agreement.


ACCESS
Lot 1: Benefits from a right of way over land held in third-party ownership, shaded brown on the sale plan.

Lot 2: Benefits from a right of way over land held in third-party ownership and over the primary farm access track (included in Lot 1), shaded brown on the sale plan.

Lot 3: Accessed directly from the adopted highway. Additionally, Lot 3 benefits from a right of way over land held in third-party ownership, shaded brown on the sale plan.

Lot 4: Accessed directly from the adopted highway.


PLANNING
Alternative uses and development of the Property will be subject to achieving the necessary planning permissions.


OVERAGE
Lots 2, 3 & 4 are subject to an overage of 30% for a term of 15 years to be payable on the earlier of (a) the implementation of planning permission (or deemed planning permission) or permitted development rights for any development other than agricultural use or (b) the disposal of these areas with the benefit of any such planning permission.


ENVIRONMENTAL SCHEMES
The Property is not entered into any Environmental Schemes.


WAYLEAVES, EASEMENTS, COVENANTS & RIGHTS OF WAY
The Property is to be sold subject to, and with the benefit of, all existing wayleaves, easements, covenants and rights of way, whether or not disclosed.

A public footpath crosses part of Lots 1 & 2.


SPORTING, TIMBER & MINERAL RIGHTS
To be included in the sale.


SERVICES
Lot 3 benefits from mains water and mains electricity supplies.


HOLDOVER
Lots 1 & 2: The Vendor will holdover until the completion of the harvest in Autumn 2024.


DATA ROOM
Please contact either Jack Royall or Lucinda Sawhney of Birketts LLP to gain access to the data room (contact details outlined below).


SOLICITORS: BIRKETTS LLP
Jack Royall: jack-royall@birketts.co.uk

Lucinda Sawhney: lucinda-sawhney@birketts.co.uk


VAT
Any guide prices quoted or discussed are exclusive of VAT.

In the event that the sale of the Property becomes a chargeable supply for the purposes of VAT, such tax will be payable (or become payable by the purchaser) in addition to the purchase price.


HEALTH & SAFETY
All viewings are carried out at the sole risk of the viewer and neither the selling agent nor the Vendor takes responsibility.


LOCAL AUTHORITY
South Holland District Council
Council Offices
Priory Road
Spalding
Lincolnshire
PE11 2XE


VIEWINGS
Viewings of the Property are strictly by appointment only.


DIRECTIONS
From A17 eastbound: at the roundabout, take the first exit onto Wisbech Road.

Turn left onto the B1359 before taking the first right turning turn onto Roman Bank.

Continue for 1.20 km and the entrance to the Property will be on the right-hand-side.


WHAT3WORDS
Lot 1: ///erupt.hill.modes

Lot 2: ///beams.repaid.distanced

Lot 3: ///stage.state.sapping

Lot 4: ///travel.informer.mops

Access (Lots 1, 2 & 3):
///betrayed.nourished.fingertip

Access (Lot 3):
///sprouted.woods.proof

Access (Lot 4):
///impact.amount.openly


CARTER JONAS AGENTS
Jamie Elbourn MRICS
Jasmine Holland

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Property type
Land
Total land
5.8 acres (2.3 hectares)
Carter Jonas reference
CBR240028
Thinking of selling?

Find out what your property is worth