Land for sale

Temple Sowerby, Penrith, Cumbria, CA10 1SB

Guide Price

£265,000

SOLD

UNDER OFFER

Marketed by

H&H Land & Estates, Borderway
Rosehill,
Carlisle,
Cumbria,
CA1 2RS
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For Sale by Public Auction 23th July 2023.

Three field enclosures extending to 21.99 acres (8.90ha) currently in arable and grazing use.

The property is offered for sale by Public Auction at Victory Hall, Temple Sowerby at 6.00pm on 27th July 2023.

Order of Sale will be Lot 1, Lot 2, Lot 3, Lot 4, Lots 3 and 4 combined, Lot 5.

The Seller reserves the right to amalgamate, withdraw, or exclude any of the property shown at any time or to generally amend the particulars or order of sale.

Three field enclosures extending to 21.99 acres (8.90ha) currently in arable and grazing use.

The field benefits from mains water supply and good roadside access.

Boundaries are a mixture of stone walls and post and wire fences.

Within Field No. 5 is a corrugated iron field shelter.

The annual rental income which will be payable by the existing Tenant is as follows:
17th August 2023 - 31st March 2024: £2,720.37.
1st April 2024 – 31st March 2025: £4,902.61.
1st April 2025 – 31st March 2026: £4,902.61.

The land is offered for sale Freehold. The land is subject to a Farm Business Tenancy which ends 31st March 2026 at which point Vacant Possession will be given.

The Buyer will be required to pay a deposit amounting to 10% of the purchase price on the fall of the auctioneer’s hammer, at which point exchange of contracts will take place. (The deposit will be non-returnable in the event of the Buyer being unable to complete a sale for any reasons not attributable to the Seller or their Agents).

Completion will take place on 14th September 2023.

The land can be viewed on foot at anytime during daylight hours with a set of these sales particulars. Please ensure that all gates are closed behind you at all times and dogs are not taken with you. If the land is in arable crop please view from the gateways or walk within the tramlines only.