Agents Notes

Sale of Lot 1 (Agricultural Nurseries) | Lot 2 (Residential Dwelling). Details of both lots are available online, and on request.

The property is split into two separate parts with Cresswell Nursery and Nursery Cottage situated on the southern side of Felderland Lane and Grasmere Nursery positioned in between Felderland Lane and the A256.

Cresswell Nursery comprises approximately 0.69 hectares (1.70 acres) of glass, split into two main glasshouses, with the heating system and water tanks located in between. The glass houses are easily accessed via concrete hard standing, connected to a wide bell mouth access onto Felderland Lane.

Grasmere Nursery provides approximately 0.5 hectares (1.24 acres) of glass in a single glasshouse. This site is serviced by a separate heating and irrigation system. The site is accessed via a large entrance onto the A256 Eastry Bypass connected with concrete trackway running along the western boundary.

Subject to some refurbishment works the nurseries would be capable of growing commercial crops.

Both sites have grass strips surrounding the glasshouses to allow for maintenance and in all extend to approximately 1.87 hectares (4.62 acres).

Services

The two nursery sites benefit from a mains water connection and three phase power supply.

Rights of Way and Easements

The land is sold subject to all existing covenants, wayleaves, easements, and rights of way whether public or private, specifically mentioned or not. There is a public footpath (EE251) that runs along the southern boundary of Creswell Nursery

Planning

The land falls outside any settlement confines however, the historic use of the site presents an opportunity for redevelopment subject to obtaining the necessary consents. There are no statutory designations affecting the land.

Plan

Please see the plan contained in these particulars. The boundaries on this plan are indicative only and the land will be sold in accordance with the Registered Title. Plans are reproduced from the Ordnance Survey under Licence Number ES025698. The acreages quoted are for guidance purposes only and are given without responsibility. Any intending purchaser should not rely upon the statements or representations as fact and must satisfy themselves by inspection or otherwise as to the area being sold.

Tenure and Possession

Freehold with vacant possession on completion.

Overage

The two nursery sites and the building adjacent to Nursery Cottage will be subject to an Overage Agreement for a period of 25 years and if planning consent is obtained for residential use, a payment of 25% in the uplift in value attributable to any planning consent will be payable to the sellers, their heirs, or assigns.

Method of Sale

The land is to be offered by private treaty as a whole. The seller reserves the right to take the land to informal tender, formal tender or auction should they so desire.

VAT

Commercial sales and letting, release of tenancies and some other property transactions are subject to VAT and where relevant, VAT is charged in addition to any consideration quoted. VAT is not chargeable in this instance although the seller reserves the right to elect to tax without notice.

Purchaser Identification

In accordance with Money Laundering Regulations, we are now required to obtain proof of identification and funds for any interested parties.

Viewing

Strictly by appointment with Finn’s, Mark Chandler 01304 626093 m.chandler@finns.co.uk