***FABULOUS DETACHED BUNGALOW & CIRCA 54 ACRES*** A 4 bedroomed detached bungalow, beautifully situated in a delightful rural location around 2 miles north of Ponteland along with land extending to circa 54 acres. The well presented and appointed...
Call: 01661 829164
The land is sold subject to a Farm Business Tenancy to a neighbouring farmer. The Farm Business Tenancy is for a term of 10 years commencing on 1st April 2010 until noon on 31st March 2020. Vacant possession can be available from noon on the 31st March 2020 by serving 12 months notice in advance of the termination date.
The Farm Business Tenancy declares the total land area to be 20.94 Hectares (51.9415 acres) however these sale particulars have been prepared using Ordnance Survey data on Promap software to measure the land.
The current rent is £2,860 per annum which is payable in advance on 1st April each year.
In relation to subsidy entitlements, there are express provisions in the Tenancy Agreement that upon expiry of the Tenancy, the Tenant will transfer to the Landlord the payment entitlements without the Tenant being entitled to any payment from the Landlord for the benefit of the payment entitlements.
The land has the benefit of access from the A696 public highway.
There is a metered water supply from the mains. The mains supply feeds and existing water through in the land offered for sale. The same mains water supply also feeds through on an adjoining field that are owned and occupied by the tenant of the land being sold. The owner of the adjoining land has the benefit of easements accross the land being sold in repsect of the water supply pipes and apparatus that feeds their land and on termination of the tenancy the purchaser of the land will need to make arrangements with the outgoing tenant on installing a sub meter and/or separating charges on the mains water supply.
The property is sold to, and with the benefit of, all rights of way, water, drainage, water courses and other easements quasi or reputed easements and rights of adjoining owners, if any, affecting the same and alll existing and proposed wayleaves and other matters registered by the grant of planning for any use other than agriculture, forestry or equestrian.
The land is sold subject to an easement for the water pipes and apparatus benefitting the adjoining land owner and as referred to above under the services heading
Viewing of the land is strictly by appointment. The tenancy agreement includes a clause that the 7 days notice needs to be given to the tenant before access is made to the land.