Property Description
An opportunity to purchase a block of productive agricultural land to the south of the village of Hertingfordbury, extending to approximately 31.85 hectares (78.70 acres) in total offered for sale in up to four lots.
The Land lies on the southern edge of the attractive and affluent village of Hertingfordbury, a short distance to the southwest of Hertford, set amongst attractive gently undulating countryside.
The land, which has previously been in arable cultivation, is currently laid to grass and used for making hay and silage.
The property is let until 29 September 2024.
Approx 31.85 hectares (78.70 acres).
Guide Price – as a whole £925,000
Hertford – 1.40 miles (NE)
Welwyn Garden City – 4.55 miles (W)
Hoddesdon – 4.32 miles (SE)
Method of sale
The freehold of the property is offered for sale by private treaty either as a whole or in up to four lots.
LOT 1 – 0.43 hectares (1.06 acres)
A small parcel of land with access over Lot 3 onto St Marys Lane, which could suit an equestrian use. Shaded purple on the plan.
If sold separately, the purchaser(s) will be required to install and thereafter maintain a post and three rail timber fence between the points marked A, B and C as indicated on the plan. The purchaser(s) will be required to contribute to the cost of maintaining the private road, according to use.
GUIDE PRICE – £55,000
LOT 2 – 0.48 hectares (1.19 acres)
Another small parcel of land with access over Lot 3 onto St Marys Lane which could suit an equestrian use. Shaded green on the plan.
If sold separately, the purchaser(s) will be required to install and thereafter maintain a post and three rail timber fence between the points marked B and D as indicated on the plan. The purchaser(s) will be required to contribute to the cost of maintaining the private road, according to use.
GUIDE PRICE – £60,000
LOT 3 – 13.70 hectares (33.85 acres)
An attractive block offering a significantly larger, workable area of farmland with unobstructed views, shaded pink on the plan. The boundary between Lot 3 and the land to the east which is currently farmed together is not fenced but marked at each end by a concrete post.
Lot 3 includes the access track (which is also a byway open to all traffic) over which rights already exist to various neighbours and over which access is being granted to the purchaser(s) of Lots 1 and 2 (if sold separately).
GUIDE PRICE – £375,000
Lot 4 – 17.24 hectares (42.60 acres)
A ringfenced parcel of land on the west side of St Marys Lane, with access rights from St Marys Lane, shaded orange on the plan. The land is divided by a hedge into two large fields. A public bridleway runs along the hedged boundary between the two fields from St Marys Lane to Southfield Wood.
GUIDE PRICE – £435,000
Land
The land is shown on the Agricultural Classification Map as Grade 3 and described on the Soilscapes website as a mixture of Soilscape 6 (freely draining slightly acid loamy soil) and Soilscape 8 (slightly acid loamy and clayey soils with impeded drainage).
Services
Water and electricity are available nearby subject to usual utility connection requirements.
Basic payment scheme
The vendor’s tenant will receive and retain all future Basic Payment run off or delinking payments relating to the land.
Environmental schemes
We understand that the land has not been entered into any environmental schemes.
Planning
The Property lies within the East Hertfordshire Green Belt.
Tenure and possession
The property is let to a local farmer under the terms of a Farm Business Tenancy which ends on 29 September 2024. Vacant possession will be available on completion.
Overage
In the event planning permission is granted for any residential or commercial development within a period of 30 years, the purchaser(s) shall pay to the vendor 30% of the uplift in value to which the planning permission gives rise. Further details are available from Weldon Beesly.
Boundaries
The vendors and the vendors’ agent will do their best to specify the ownership of boundary hedges, fences and ditches but will not be bound to determine these. The purchaser(s) will have to satisfy themselves as to the ownership of any boundaries.
Exchange of contracts and completion
Contracts to be exchanged within 28 working days of the issue of a draft contract by the Vendor’s solicitor. A 10% deposit will be payable on exchange of contracts with completion on a date to be agreed.
Anti-Money Laundering
To comply with the Money Laundering Regulations 2017, once an offer is accepted the purchaser(s) will be required to provide any information requested in order to undertake the relevant due diligence. This is a legal requirement.
Easements, covenants and rights of way
The property is sold subject to all existing wayleaves, easements, public or private rights of way, covenants and restrictions, whether stated in these particulars or not. Service media serving the agricultural barn east of Lot 2 run within Lots 1, 2 and 3. Further information is available from Weldon Beesly. A byway open to all traffic passes along the track to the north of Lot 3 and a public bridleway crosses Lot 4 as shown on the plan.
Value added tax
Should the sale of the land, or any right attached to it, become a chargeable supply for the purposes of VAT, such tax shall be payable by the purchaser(s) in addition to the contract price.
Plans and areas
These have been prepared as carefully as possible by reference to digital OS data and HM Land Registry. The plans ate published for illustrative purposes only and although they are believed to be correct, their accuracy cannot be guaranteed.
Disputes
Should any dispute arise as to the boundaries or any matters relating to these particulars, or the interpretation thereof, the matter will be referred to an arbitrator appointed by the selling agents.
Viewing
Strictly by appointment with the sole selling agent Weldon Beesly (Ref Sophie Hutton or Hugo Richardson).
Health and safety
We would ask that you be as vigilant as possible when making any inspection, for your own personal safety and that of others.
What3Words
https://w3w.co/action.link.island
