10.13 acres (4.18ha) of mowing/grazing land for sale by Public Auction 1.00pm Wednesday 14th July 2021 at Borderway Mart
Lot 4 is shown edged yellow on the attached plan and extends in total to 10.13 acres (4.18ha) of good quality mowing/grazing land.The land benefits from a roadside access and mains water supply to one trough.
Basic Payment Scheme
The land in Lot 4 is registered for Basic Payment purposes. 4.18 non SDA entitlement are included in the sale and will be transferred to the Byer following completion. The cost of transferring these entitlements will be £250 plus VAT, payable by the Buyer(s). For the avoidance of doubt the Seller will make the 2021 claim and will retain the payment in full. N.B. Prospective Buyer(s) should be aware that the minimum claim area under the Basic Payment Scheme is 5ha.
The land is subject to an HLS agreement that expires in 2023. Buyers will be required to indemnify the Seller of all losses if the existing agri-environmental agreement is not continued in the correct format. Potential buyers are advised to discuss any queries with the scheme with Natural England and obtain their own advice.Full details of the Stewardship Agreement can be obtained from the Selling Agents. The transfer of the Stewardship Agreement (without any amendments or additional advice) will be made in accordance with the regulations of the Agreement and will be carried out by H&H Land & Estates Ltd for which a fee of £250 plus VAT will be payable by the Buyer(s).
The property is offered for sale by Public Auction on Wednesday 14th July 2021 at 1.00pm in Ring 1, Borderway Mart, Rosehill, Carlisle CA1 2RS. Lot 1 will be offered for sale as an individual Lot.Lots 2, 3 and 4 will then be offered as individual Lots but may then be offered as a Whole.The Sellers reserve the right to exclude any of the property shown, sell the property before hand or to generally amend the particulars.All Prospective Buyers should be aware in order to be in a position to bid at the auction we must first undertake checks in connection with Money Laundering Obligations as part of the new Money Laundering Regulations (The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017). All parties considering bidding must call into our office in the Mart and provide photographic id, ie passport/driving licence and proof of address ie council tax/utility bill for copying.
Exchange of Contracts & Completion
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 30th September 2021, or earlier by agreement of the parties.