Upexe, Exeter

£500,000

Guide price

LAND TO LET: A productive run of 105 acres of land on a five year Farm Business Tenancy from 29th September 2020.

GRID REFERENCE

Ordnance Survey Reference: SS 938027

SITUATION

The land lies less than a mile north-east of Thorverton and one mile to the west of the neighbouring Exe valley village of Silverton. The main Tiverton to Exeter road, the A396 is only half a mile away and the outskirts of Exeter and access to the M5 motorway are within 7 miles of the land

GENERAL DESCRIPTION

The land extends to approximately 105 acres (42.49 hectares) split into 5 level enclosures. The land is lies in the Exe valley with the River Exe forming the western boundary. It is in good heart and accessed via rights of way over two separate lanes at the southern end. As would be expected, areas flood so it is to be maintained in grass throughout the term of the Farm Business Tenancy unless agreed otherwise in advance in writing with the Landlord.

SERVICES

There is natural water available.

METHOD OF LETTING

The land is offered to let by informal tender with a deadline for submissions of 12.00 noon Friday 19 June 2020.

TENDER PACK

A pack with Tender Form and Heads of Terms is available from Stags. Telephone 01884 235 701 or email professional@stags.co.uk.

BASIC PAYMENT SCHEME

The land is registered for 42.62 Entitlements under the Basic Payment Scheme. The current scheme year payment is reserved from the letting but the ingoing tenant will take over the cross compliance responsibilities for the current scheme year. The Entitlements will be transferred to the successful party and they, or their replacement, must be transferred to the landlord or their nominee on termination.

LOCAL AUTHORITY

East Devon District Council, Blackdown House, Border Road, Heathpark Industrial Estate, Honiton, EX14 1EJ.

Tel: 01404 515616. www.eastdevon.gov.uk.

SPORTING RIGHTS

The Sporting Rights are reserved from the letting. Specifically the fishing rights will remain with the landlord and fishermen will have access over the land to the River Exe. Vehicular track is evident along the river bank.

WAYLEAVES & RIGHTS OF WAY

The property is let subject to and with the benefit of all public and private rights of way, services, drainage and other easements and wayleaves relating to the property.

PLANS & BOUNDARY FENCES

A plan, which is not to scale, is included with these particulars for identification purposes only. It is the responsibility of the ingoing tenant to ensure any stock which they run on the land is contained within the boundaries of the land.

VIEWING

Please contact Stags 01884 235 701 prior to viewing. Viewing is with full particulars and a land plan to hand during day light hours only. We would ask all parties viewing the land to be respectful and mindful of the current tenant farming the land.

DIRECTIONS

From Exeter proceed north on the A396, the Tiverton road, and continue through Rewe. Continue past the Ruffwell Inn and take the first left hand turning signposted Upexe.

Continue along this road for 0.2miles, the road will bear left, turn right and immediately take the right hand turning up a gravel track, the land can be found to the left and right of the track from referring to the attached land plan.

CONTACT INFORMATION

Stags, 19 Bampton Street, Tiverton, Devon, EX16 6AA. Tel: 01884 235 701. E-mail: professional@stags.co.uk.

DISCLAIMER

These particulars are not to be relied upon for any purpose.

Arrange viewing 01884 798526

Stags - Tiverton

19 Bampton Street, Tiverton, Devon, EX16 6AA

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