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East Budleigh, Budleigh Salterton, Devon, EX9
Guide price £1,590,000 | 185.96 acres

Property features

• Prime agricultural land: mix of Grade 1, 2 and 3 soils
• Range of farm buildings
• Free draining soils
• Good agricultural investment opportunity
• For sale by informal tender
• Midday 13 January 2017
• For sale as a whole or in 4 lots

185.96 acres of productive arable and grassland, with a mix of Grade 1, 2 and 3 soils. Good range of farm buildings. Available as a whole or in 4 lots. Investment opportunity with possibility of an option from sale and leaseback. For sale by informal tender by noon on 13 January 2017.
 
SITUATION
The land is situated in the heart of the East Devon countryside, between the villages of Otterton and Colaton Raleigh. There is good access to the A3052 which links with Exeter and the M5 to the west.

GENERAL DESCRIPTION
The property comprises productive blocks of arable and grassland that surround Bicton House and Bicton College. The nearby B3178 provides links to nearby Budleigh Salterton and Newton Poppleford.

The land in all extends to 185.96 Acres (75.26 Hectares), of which about 119 acres is in arable rotation, approximately 60 acres in permanent pasture with the remainder being tracks and hard standing. Located in Lot 2 are a range of farm buildings, hard standing and The Rolle Obelisk, a limestone stone needle created as a landscape feature in 1730.

In recent years the farmland has been used for the growing of cereal, maize, grass leys and the grazing of livestock.

LOT 1 Rydons and Nursery Fields 40.49 Acres - Guide price £350,000
A productive run of Grade 1 land with well drained reddish coarse loamy soils currently down to grass. Access to the land is off the public highway on the north eastern boundary.

LOT 2 Broadfield, Church Close and Southfield 64.87 Acres 64.87- Guide price £600,000
Three productive level arable fields with Grade 1 and 2 soils, capable of growing a wide variety of crops. Situated in the centre of this block is an area of hard standing, a timber pole hay barn, G I barn and former feed bin. The Rolle Obelisk, a limestone stone needle created as a landscape feature in 1730, lies within Lot 2.

LOT 3 Warren and Warren Orchard 20.95 Acres - Guide price £165,000
Two fields, arable and pasture land with Grade 1 and 3 soils, divided by a narrow strip of planted woodland.

LOT 4 Land to the East of Home Farm 59.65 acres - Guide price £475,000
Situated to the East of Home Farm is a productive run of predominantly level, with some gently sloping, grassland and a small area of scrub. Grade 2 land with fine silty and clayey soils. Access to this land would need to be created in the top north western corner. Further details are available from the agent.

GENERAL REMARKS
TENURE AND OPTIONS OF SALE
The land is held freehold and is available on the following terms:-

Lot 1 Sale and lease back only.
Lot 2 Sale with either vacant possession or sale and lease back.
Lot 3 Sale with either vacant possession or sale and lease back.
Lot 4 Sale with either vacant possession or sale and lease back.

For a sale with sale and lease back, the vendor is willing to enter into a lease of between 5 and 25 years in length, at a market rent which will be determined by an independent rural Chartered Surveyor.

SERVICES
Lot 1 No services connected.
Lot 2 Mains water supply available.
Lot 3 No services connected.
Lot 4 No services connected.

ACCESS
Each lot has access to the public highway. Please note that a new access onto the public highway will need to be created for Lot 4.

DESIGNATIONS
The land is situated in an Area of Outstanding Natural Beauty (AONB).
The Rolle Obelisk and railings located in Lot 2 are Grade II Listed.
Within Lot 3 is a scheduled monument (a Bowl Barrow).

RIGHTS OF WAY
A public footpath and bridleway cross the land.

LOCAL AUTHORITY
East Devon District Council. Tel: 01395 516551

BASIC PAYMENT SCHEME
Entitlements will be made available. If the land is sold in lots, the entitlements will be apportioned. The purchaser(s) will take over the vendors cross compliance responsibilities.

SPORTING AND MINERAL RIGHTS:
The sporting and mineral rights insofar as they are owned are included with the freehold.

FIXTURES & FITTINGS
All fixtures and fittings, unless specifically referred to within these particulars, are expressly excluded from the sale of the freehold.

WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.

PLANS & BOUNDARY FENCES
A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.

SPECIFIC FENCING
The vendor will erect the new boundaries for Lot 1 and Lot 4.

VIEWING
Strictly by appointment only through Stags Farm Agency on 01392 680059 or Vickery Holman on 01392 203010.

DIRECTIONS
From Exeter M5 Junction 30 take the A376 and at Clyst St Mary take the A3052 signposted Sidmouth. Continue along this road for approximately 6.9 miles until reaching Newton Poppleford and at the first roundabout turn right signposted Budleigh Salterton on the B3178. Continue along this road for approximately 2.4 miles until reaching Bicton Agricultural College and the land can be found on both the right and left hand sides of the road.

WEB FIND REFERENCE
84662

CONTACT INFORMATION
Stags Farm Agency, 21 Southernhay West, Exeter, Devon EX1 1PR. T:01392 680059 e: farms@stags.co.uk

DISCLAIMER
These particulars are a guide only and are not to be relied upon for any purpose.

WARNING
Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.

 

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