COVID-19 – Important Auction Information
For Sale By Auction | 2:30pm, 06 August 2020

Land to the North of Budna Road, Budna, Sandy, Bedfordshire, SG19 1PX

*Guide | £65,000+ (plus fees)

  • Farm Land
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Thu 06/08/2020

Auction Time

2:30pm

Auction Venue

Live Streamed Auction

A level plot of land which measures approximately 13 acres Located between Northill and Moggerhanger.

This level parcel of land is set back from the road and is accessed via a short unmade track. With the exception of a small area of scrub on the south east corner it is open field and the boundaries are not fenced. Along part of the west boundary is a small wooded copse and the remainder of the surrounding land is open farmland.

Tenure

Freehold

Tenancy:

This land (together with other land) is subject to an unwritten tenancy to a local farmer at a total rent of £1,500 per annum. The share of rent allotted to this parcel is 40% of the whole (£600). The rent is paid in January each year and the sellers believe that the term is from September to September each year. It is not known whether the tenant has lifetime security under the Agricultural Holdings Act, or whether the tenancy is a Farm Business Tenancy which can be brought to an early end. The tenant has not responded to requests to provide evidence that he has security and the sellers have no evidence of rent being paid prior to around 2006. This suggests that the tenancy is a Farm Business Tenancy, but the tenant may yet produce evidence to the contrary. Accordingly the sellers are serving a notice to quit on the tenant, which is intended to bring the tenancy to a close in September 2021, unless further evidence arrives in the meantime. The land is therefore being offered subject to such uncertainty.

Energy Efficiency Rating (EPC)

Current Rating N/A

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Central Bedfordshire Council - 0300 300 8301

Solicitors

Palmers Solicitors LLP, Hassett House, Hassett Street, Bedford MK40 1HA, Ref: Yagnesh Shah - yshah@palmers.co.uk, Tel: 01234 211161

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.