Lot 2 - Park Farm, Tathall End, Buckinghamshire

£550,000

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Lot 2 - Park Farm, Tathall End, Buckinghamshire

For Sale

£550,000

Reference: 12728

BEST AND FINAL OFFERS BY 12 NOON ON FRIDAY 16TH AUGUST 2019 Lot 2 - Farm Buildings with Prior Approval (Class Q) for Change of Use to Four Dwellings, set in 3.65 acres In all about 545.76 acres (220.87 ha) Lot 1 - Farmhouse and Paddocks in 7.99 acres Lot 2 - Farm Buildings with Prior Approval for Change of Use to Four Dwellings, in 3.65 acres Lot 3 - 277.23 acres of Arable and Grassland Lot 4 - 256.89 acres of Arable Land

Property Description

BEST AND FINAL OFFERS BY 12 NOON ON FRIDAY 16TH AUGUST 2019

In all about 545.76 acres (220.87 ha)

Lot 1 - Farmhouse and Paddocks in 7.99 acres - £1,250,000
Lot 2 - Farm Buildings with Prior Approval for Change of Use to Four Dwellings, in 3.65 acres - £550,000
Lot 3 - 277.23 acres of Arable and Grassland - £2,100,000
Lot 4 - 256.89 acres of Arable Land - £2,300,000

SITUATION

Park Farm is located in a rural setting adjacent to Tathall End hamlet and to the south east of the village of Hanslope. The property is conveniently located on the Northamptonshire/Buckinghamshire border, to the north of the town of Milton Keynes, with direct rail services available to London Euston (approximately 33 minutes), and good access to the M1 at J15.

Hanslope village benefits from a range of services including, a village shop, public house, doctors surgery, St James the Great Parish Church and a recreational ground. The town of Milton Keynes is situated 5 miles to the south and offers an extensive range of services including shopping facilities, supermarkets, professional services and leisure complexes.

The area enjoys good schooling, with primary education available at Hanslope Primary and thereafter at numerous secondary schools in Milton Keynes. Private education is available at well-respected preparatory schools including Bilton Grange, Winchester House and Beachborough and thereafter at schools such as Warwick, Rugby, Northampton and the Harpur Trust Schools in Bedford.

GENERAL

PARK FARM, Tathall End is a mixed farm, extending to 545.76 acres (220.87 hectares) in total. This delightful ring fenced farm is conveniently located, whilst enjoying superb views across the Buckinghamshire countryside. Park Farm is defined, particularly along the eastern border by mature deciduous trees, including those comprising Little Linford Wood, across the boundary. The Tathall End brook runs through the farm and along the boundary, to the southern end of the farm.

The property includes a period seven bedroom farmhouse, with views over the rolling countryside, together with a range of farm buildings, 374.42 acres (151.53 hectares) of arable land, 156.72 acres (63.42 hectares) of permanent pasture land and 8.05 acres (3.25 hectares) of amenity woodland, all within a ring fence.


LOT 2 - FARM BUILDINGS WITH PRIOR APPROVAL FOR RESIDENTIAL CONVERSION (blue on the plan)

The buildings are located to the north of Park Farm House and comprise a range of traditional stone buildings and modern general purpose buildings, which have historically been used in conjunction with the farming enterprises at Park Farm.

Prior Approval has been obtained for the Change of Use of Agricultural Buildings to Dwelling House (Class C3) Class Q (a) under Milton Keynes Council - Planning Ref: 19/00778/PANAGC. The approval comprises of four single storey barn conversions, including two 2-bedroom properties, a 3-bedroom property and a 4-bedrooom property, all set around a courtyard.

The farm buildings are offered for sale with an adjacent area of paddock land in order to offer versatility to the Purchaser, if Lot 2 is sold separately to the farmhouse and farm land.


GENERAL INFORMATION

Method of Sale
The property is offered for sale by Private Treaty as a whole or in up to 4 Lots.

Tenure and Possession
The property is offered for sale freehold with the benefit of vacant possession upon completion, subject to the termination of the existing Farm Business Tenancy on 28th September 2019.

Planning
Prior Approval has been obtained for the Change of Use of Agricultural Buildings to Dwelling House (Class C3) Class Q (a) under Milton Keynes Council - Planning Ref: 19/00778/PANAGC. The approval comprises of four single storey barn conversions, including two 2-bedroom properties, a 3-bedroom property and a 4-bedrooom property, all set around a courtyard. Further details are included in the Information Pack

Services
The buildings are connected to both mains water and a 3 phase electricity supply.

If Lot 2 is sold separately, the Purchaser of Lot 2 shall be responsible for meeting the cost of any separation of the water and electricity supplies to the house and buildings.

Fixtures and Fittings
All items usually regarded as tenant´s fixtures and fittings and equipment, including fitted carpets and curtains, together with garden ornaments and statuary, are specifically excluded from the sale. These may be available to the purchaser(s) by separate negotiation.

Sporting, Timber and Mineral Rights
All sporting, timber and mineral rights are included in the freehold sale, insofar as they are owned.

Ingoing Valuation
In addition to the purchase price the purchaser(s) of Lots 3 and 4 will be required to pay for:

Growing crops and all beneficial cultivations, sub soiling, mole ploughing and acts of husbandry since the last harvest at current CAAV rates or contract rates where applicable. Seed, fertilisers, manures and sprays applied to the growing crops since the last harvest at invoice cost. Lime and chalk applied since the last harvest at invoice cost of the materials and spreading. Enhancement of £30/acre/month from the establishment of the crop.

Easements, Wayleaves, Covenants and Rights of Way
The property is sold subject to and with the benefit of all existing wayleaves, easements and rights of way, whether public or private, light, sport, drainage, water, electricity supplies and any other rights, obligations, easements and quasi easements, whether specifically mentioned or not.

More particularly the track which provides an additional access to Lot 4 from Bullington End (NG 2101), is subject to a right of way for the benefit of New Buildings Farm. If Lots 1, 2 and/or 3 are sold in separate Lots, a right of way will be granted by the Purchaser of Lot 1, over the main driveway, with future repair and maintenance obligations according to user.

There are a number of electricity poles across Park Farm for which an annual wayleave payment is received. Further details are in the Information Pack.

A number of public footpaths and bridleways cross the land, including the Three Shires Way. Further details are available in the Information Pack.

Outgoings
Council Tax upon the Farmhouse for the year 2019/20 - Council Tax Band G - £2,974.25 pa
Drainage Rates - Payable to the Environment Agency - 202.83p/ha
Electric Entrance Gate - £10/month SIM to connect mobile phone to gate

Local Authority
Milton Keynes Council, Civic Offices, 1 Saxon Gate East, Milton Keynes, MK9 3EJ

VAT
Should the sale of the property or rights attached to the sale become a chargeable supply for the purpose of VAT, such tax will be paid by the Purchaser(s) in addition to the purchase price.

Boundaries
The Purchaser(s) will be deemed to have inspected the property and satisfied himself as to the ownership of any boundary, hedge, tree or ditch.

Should Lot 1 and Lot 2 be sold separately, the Purchaser(s) shall be responsible for installing boundary fences, between the two properties where currently no boundary exists. If Lot 1 is sold separately the Purchaser will be responsible for installing a boundary fence around the grass paddock area identified as NG 2623. If Lot 2 is sold separately the Purchaser will be responsible for installing boundary fences around the grass paddock areas identified as NG 2742 and 3542.

Plans, Areas and Schedules
Plans included or attached to these particulars are based upon the Ordnance Survey Maps copyright reserved (100022432 and 100033416). All plans are not to scale.

Viewings
All viewings are strictly by appointment only through the seller´s agent, Bletsoes 01832 732241.

Health and Safety
Given the potential hazards of a working farm, we ask you to be as vigilant as possible when making your inspection, for your own personal safety, particularly around the farm buildings and machinery. It is asked that you observe any specific signage around the farmyard.

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