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Hill Top Farm Offers in excess of £5,550,000 Appleby Magna
Hill Top Farm
Offers in excess of £5,550,000
Appleby Magna
SITUATIONHill Top Farm is a superb arable farm, contained in a ring fence and well served withbuildings, irrigation and a central farm track. Purchased in the 1970s, the property has beensuccessfully farmed by the Lockhart Family for two generations, mostly under a conventionalcereal and potato rotation.The property sits just off Junction 11 of the M42 adjacent to the motorway service station, atthe intersection between the A444, the A42, the B5493, the Atherstone Road and theTamworth Road. Consequently the Farm has excellent transport links to nearby settlementsincluding Swadlincote, Tamworth, Ashby-de-la-Zouch and Birmingham.
THE FARM HOUSEThe Farmhouse is a substantial period property but is in need of refurbishment andmodernisation. Accessed directly from the A444 the private, tree-lined, driveway leadsdirectly to the house, parking area and yard. The attractive Farmhouse is of brickconstruction under a part slate tile, part concrete tile, pitched roof. The property offers a rareopportunity to renovate a sizeable private dwelling that has views over the open countrysideand which sits together with a range of traditional buildings.The house itself provides the following accommodation;Ground floor: Entrance hall, kitchen, dining room, three reception rooms, utility room, W/C,front and rear staircases, access to cellar.First Floor: Bedrooms 1 - 6 and a family bathroom.Second Floor: Four further bedrooms.
THE LANDThe fields at Hill Top Farm are predominantly flat, well-sized and ideally suited to modernfarming practices. The land is accessed over a private access track and has considerable roadfrontage to the B5493 (access into Fields 3926 and 3849) and the A444.The Farm extends to approximately 369.47 acres of land, comprising approximately 344.76acres of arable land, 3.04 acres or thereabouts of yard, buildings and the Farmhouse, withtheremaining 21.67 acres being woodland, ponds and scrub.According to the 2011 Agricultural Land Classification Maps, the land is predominantly Grade2and partly Grade 3 and appears well drained.Due to its accessibility and position next to a motorway junction, the land may also have thepotential for strategic long-term development, subject to the necessary planning consents.
THE FARM BUILDINGSIn addition to the range of traditional brick buildings, Hill Top Farm provides an extensiverange ofmore modern farm buildings, including;Building A Grain Store(21.88m x 14.328m)Steel portal frame, concrete block walling over-clad with corrugated asbestos sheeting,corrugatedasbestos sheet roof with roof lights over a concrete floor, equipped with lateral grain dryingsystem,rear fan house, sliding metal doors.Building B Lean-to Grain Store(21.88m x 8.88m)
Steel portal frame, concrete block walling over-clad with corrugated asbestos sheeting,corrugatedasbestos sheet roof with roof lights over a concrete floor, integral wind tunnel, underfloorgraindrying laterals, sliding metal doors.Building C Partially Insulated Potato Store/Grain Store(22.54m x 11.30m)Steel portal frame, concrete block walling, corrugated asbestos sheet roof, insulated panelsto wallsand secondary corrugated plastic sheeting to underside of roof.Building D Open sided Dutch Barn(22.49m x 6.59m)Steel portal frame, curved tin roof (partially missing) over a part earth/part concrete floor.Building E Open sided Dutch Barn(22.49m x 4.92m)Steel portal frame, curved tin roof over a part earth/part concrete floor.Building F Open sided Dutch Barn & Lean-to(Dutch Barn - 22.49m x 6.93m) (Lean-to - 22.49m x 8.97m)Steel portal frame with timber perlins, tin roof over a part earth/part concrete floor. Thelean-to haspart tin/part corrugated asbestos sheet cladding.Building G Potato Store(27.72m x 13.25m)Steel portal frame, concrete block and asbestos clad walling, corrugated asbestos sheet roofover aconcrete floor.Building H Covered PassagewayCovered passageway between Buildings G and I. Steel portal frame with concrete floor.Building I Potato Riddling Barn & Lean-to(Barn - 27.72m x 13.28m)
Building J Partially Insulated Potato Store(26.63m x 20.00m)Steel portal frame, concrete block and corrugated asbestos sheet walling (insulated to part),corrugated asbestos sheet roof underclad with secondary corrugated plastic sheeting,concretefloor and metal doors.Building K Open-Fronted CarportsPart steel/part timber frame with brick skin, corrugated sheeting subdivisions and a brickfloor.Building L Workshop(18.38m x 6.10m)Steel portal frame, corrugated asbestos sheet roof, part tin/part corrugates asbestos sheetcladwalls, metal sliding doors.
TRADITIONAL OUTBUILDINGSSeparating the Farmhouse from the modern agricultural buildings is the extensive range oftraditional slate tile over brick outbuildings, which includes the old dairy, cowshed and grain
stores and which offer significant potential for conversion (subject to obtaining the necessaryplanning consents). The buildings benefit from period features, timber frame windows, higheaves and an open internal layout. Also adjoining the house are several open-fronted, brick-built carports and a portal frame workshop.
COUNCIL TAXThe farmhouse falls within Council Tax Band F.
EPCThe Farmhouse has an EPC Rating of G(6). A copy of the certificate is available upon request.
FIXTURES & FITTINGSFixtures and fittings are not included in the sale unless otherwise agreed by separatenegotiation. A farm dispersal sale will be taking place in respect of the Vendors agriculturalimplements.
BASIC PAYMENT SCHEMEThe BPS Entitlements are included as part of the sale of the Land. If the Farm is sold in Lotsthe Entitlements will be apportioned on a pro rata basis and transferred accordingly.
PLANNINGA Planning Application has been submitted by the Vendors Agents to provide an additionalfield access from the B5493 and is currently under consideration by the Local PlanningAuthority (Reference 16/00187/FUL). The new entrance will provide road access from theB5493 into Field 8590 of Lot 2. Should the property be sold in lots, the access will be theresponsibility of the Purchaser to construct. We are not aware of any other outstandingplanning applications or other planning matters.
WAYLEAVES, EASEMENTS & RIGHTS OF WAYThe property is offered as appropriate with rights of way either public or private, wayleaves,easements and other rights of way whether these are specifically referred to or not.
OTHER TITLE MATTERSA right of access over Lot 1 will be reserved for the Purchaser of Lot 2 to maintain and repairthe irrigation system and associated pumping station. Prospective Purchasers should notethat the Vendors Solicitors are currently investigating a small parcel of land in a field corneradjacent to the B5493, south east of the farm buildings as it does not appear to be within theVendors title but has been farmed by them for many years. Further information can beprovided by the Vendors Agents.
ENTRY & POSSESSIONThe property is being sold Freehold with Vacant Possession, subject to a potential right ofholdover reserved by the Vendors. In the absence of holdover, an ingoing valuation is to beagreed between the parties by separate negotiation. Exchange of Contracts is to take placewithin 28 days of the Vendors Solicitors issuing contracts at which time 10% deposit will bepaid to be held as stakeholder. Completion will take place at a time to be agreed betweenthe parties.
SERVICESSo far as we are aware Lot 1 has mains water, mains electricity, and telephone linesconnected. There isno mains foul drainage, however the house is connected to a septic tank.Lot 2 has water provided via the borehole and pump house irrigation system.
Lot 3 currently has water provided via the borehole and pump house irrigation system.The Vendors will reserve rights to use a water supply which provides water to their retainedland (on the nearby roundabout island) and, upon its first use, will meet the cost of installinga sub meter for this supply.
WATER EXTRACTION LICENCEThe property is to be sold with the benefit of a water extraction licence granted by theEnvironment Agency which provides water for the Farm irrigation system. The licence allowsfor a maximum of 68,190 cubic metres of water to be extracted from the Farms bore holeeach year. A copy of the extraction licence is available upon request. Lot 2 will be sold withthe benefit of this licence if the property is sold in lots.
PETROLEUM STORAGE LICENCEThe property has an annual Petroleum Storage Certificate issued by Leicestershire CountyCouncil Trading Standards Service which allows for 1,363 litres of petrol to be stored in anunderground tank adjacent to the farm buildings. If the property is sold in lots, Lot 1 will besold with the benefit of this licence. A copy of the certificate is available upon request.
TIMBER, MINERAL & SPORTING RIGHTSThe timber, mineral and sporting rights insofar as they are owned are included in the sale.The vendors have an agreement with the local shoot which will terminate at the end ofJanuary 2017. Further details of this are available from the vendors agent.
OVERAGEThe Vendors reserve the right to 40% of the uplift in value of the Land if planning permissionis granted for any uses other than Agriculture within a period of 40 years from the date ofpurchase. Any increase payable as a result of the grant of planning permission will be payableupon either the sale of the land or part with the benefit of planning permission, or thecommencement of development, whichever is the sooner.
PLAN AREAS & SCHEDULESThese are based on the Ordnance Survey and are for reference only. They have been checkedand computed by the Vendors Agents and the purchaser shall be deemed to have satisfiedhimself as to the description of the property. Any error or mis-statement will not annul thesale nor entitle either party to compensation in the respect thereof.
Wells McFarlane Residential 14 Bank Street, Lutterworth, Leicestershire LE17 4AG Tel no: 01455 553 888 Fax no: 01455 558 529 Email: [email protected] Disclaimer: e views and opinions expressed in this brochure are solely the responsibility of the authors and not those of the company or the individuals mentioned unless quoted. Wells McFarlane Residential LLP.
