Land
£1,625,000
Drinkstone, Nr Stowmarket

Description

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Method of Sale

Burts Farm is offered for sale freehold with the benefit of vacant possession, subject to the farming arrangements and licences that are in place - copies of which are available from the Agent. 

The property is offered for sale by private treaty with the intention of achieving exchange of contracts as soon as possible with completion expected to take four weeks thereafter. Upon agreeing a sale the Purchaser may be required to sign an ‘Exclusivity Agreement’ with a 5% ‘Exclusivity Fee’ being paid to and held by the Vendor’s solicitor. A deposit of 10% of the purchase price will be payable on exchange of contracts.

Location & Description

Burts Farm is located in a most attractive and secluded location within Mid Suffolk, along a no through road on the outskirts of the desirable village of Drinkstone.  

Drinkstone is a pretty Suffolk village, neighbouring the villages of Woolpit and Rattlesden, which provide a range of local shops, primary schools and a health centre. Drinkstone is located approximately eight miles west of Stowmarket, which has a good range of everyday amenities and a mainline rail link to London Liverpool Street. Bury St Edmunds is approximately nine miles to the west and boasts an excellent range of schooling, shopping, recreational and cultural facilities. 

Lot 2 -  158.07 acres (63.97 hectares) - coloured green on the enclosed plan.

Lying to the north of the farmhouse and buildings, this lot comprises a superb block of predominantly arable land lying either side of Deadmans Lane. There is also a small area of mature woodland, two concrete pads and a small area of grassland.

Holdover

The vendor will require rights of holdover for the growing, harvesting and storage of certain crops through to  31st March 2025. Further information is available from the Agent.

Sporting, Timber and Minerals

All sporting rights, standing timber and mineral rights (except reserved by Statute or The Crown) are included in the sale of the freehold. 

Rights of Way, Wayleaves, Easements and Restricted Covenant 

The property is sold subject to and with the benefit of all rights of way, wayleaves and easements that may affect the property.  

Town and Country Planning 

The property is sold subject to any development plans, tree preservation orders, ancient monument orders and Town and Country schedules or other similar matters that may be or come into force.

Outgoings 

The land is sold subject to any drainage rates and other outgoings that may be relevant.  

VAT 

Should any sale of the Property, or any right attached to it, become a chargeable supplier for the purpose of VAT, such VAT shall be payable by the Purchaser in addition to the contract price. 

Structural Survey 

The vendor has commissioned a full building survey of Burt’s Farmhouse for the benefit of interested parties. Upon completion, the surveyors will assign the survey to the purchaser,  who will reimburse the Vendor for the cost of the survey, being £1,650 plus VAT - further detail is available from the Agent. 

Basic Payment Scheme 

No Entitlements nor any other quotas are available with the land.  The vendor will receive and retain all de-linked Basic Payments relating to the land.

Environmental Land Management

The land is not currently within an Environmental Stewardship Scheme nor Sustainable Farming Incentive. 

Ingoing Valuation 

If applicable, in addition to the purchase price, the purchaser will take over and pay for all cultivations and growing crops upon completion. Payment is to be made at the figure assessed by the Vendor’s Agent based upon CAAV rates or contractors’ rates where applicable and invoiced costs of seed, fertiliser and sprays applied plus enhancement value. 

Boundaries

The boundaries are based on the Ordnance Survey and are for reference only. Purchasers should satisfy themselves regarding these as no error, omission or misstatements will allow the Purchaser to rescind the contract nor entitle either party to compensation thereof. Should any dispute arise as to boundaries or any points arise on the general remarks and stipulations, particulars, schedules, plan or the interpretation of any of them, such questions shall be referred to the selling Agent whose decision acting as expert shall be final. 

The Property is registered with the Land Registry under Title Numbers SK302808, SK302803 and SK399136.

Lotting & Cross Rights

If the property is sold in Lots, there may be reserved rights agreed to benefit each lot and to ensure the continued access, maintenance and supply of services across the farm. Further details available from the Agent.

Fixtures and Fittings 

Unless described in these particulars, all fixtures and fittings are specifically excluded from the sale.

Information Pack

Additional information relating to Burts Farm to include data such as field names, past cropping, soil indices, rights of way, holdover, asbestos and building surveys etc is available from the Agent.

Anti-Money Laundering

In accordance with the Money Laundering Regulations 2017, once an offer has been accepted, the purchaser will be required to provide proof of identity and address prior to the instruction of solicitors. 

Viewing  Strictly by appointment with the Agent.  

Local Authority Babergh and Mid Suffolk District Councils, Endeavour House, 8 Russell Road, Ipswich, IP1 2BX.  Tel: 0300 1234000.

Vendors’ Solicitor (for Lots 1-3 and Lot 4) Greene & Greene, 80 Guildhall Street, Bury St Edmunds, Suffolk, IP33 1QB. Contact: Jonathan Mathers. Email: JonathanMathers@Greene-Greene.com Telephone: 01284 717404.

NOTES

1.      Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2.  The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain sellers’ and buyers’ identity.  May 2024