GENERAL

Situation 

The land lies to the north of the village of Seagrave off Paudy Lane, and is shown edged red on plan included in these particulars.

The Holding

A Schedule of the fields included in the Letting is also attached with current BPS Crop Codes for harvest 2019.  There are no buildings.

Basic Payment Schme (BPS)

BPS entitlements will be allocated to the ingoing tenants for claiming in 2020.  They will be leased to the incoming tenant at no additional cost for the term of the tenancy.  At the end of the tenancy, they will revert to the landlord.

THE LETTING

Tenancy

A Farm Business Tenancy will be created for a fixed term from the 29^th September 2019 to the 28^th September 2022.  Early entry may be arranged by agreement with the Landlord and entirely at the risk of the incoming tenant.  Any costs will be paid by the incoming tenant.

Tenantright etc

There will be no ingoing valuation, and the harvest 2019 straw will either be sold or chopped.

Rent

This will be fixed for the term.  The rent will be payable half yearly in advance on 29^th September and 25^th March in each year of the tenancy, the first payment to be made either on entry or 29^th September 2019, whichever occurs first.

Repairs and Improvements

The tenant will be responsible for maintaining the hedges, ditches, culverts, fences and gates, land drains and outfalls.

No improvements without written Landlord’s consent.

Assignment

The tenancy will not be assignable.

Sporting Rights

All sporting rights are reserved to the Landlord.

Agreement

The tenant will sign the tenancy agreement before entry on to the holding and will be responsible for half of the costs of preparing and stamping the agreement.

Viewing

The holding may be viewed by appointment only.  Please call Ben Shouler on 01664 560181 option 2.

Tenders

All tenders should be forwarded to the agents (County Chambers, Kings Road, Melton Mowbray, LE13 1QF) in a sealed envelope marked ‘Tender for Land at Seagrave’ by 12 noon on Friday 9^th August 2019.  The tendered rent should be the amount payable per acre per annum.