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LETLand and Buildings at Trethewell, St Eval, Wadebridge

TO LET BY INFORMAL TENDER – 178.65 ACRES (72.30 HA)
AT TRETHEWELL FARM, ST EVAL, WADEBRIDGE

INTRODUCTION
Edward Buckland Ltd have been favoured with instructions to let by tender Trethewell Farm, St Eval which has been farmed by Neil Bailey since 1972.

The land which is in good heart has an Agricultural Land Classification of Grade 3 and has been used for growing either Spring or Winter Barley for a number of years.

Viewing Day: Monday 17th October 2016 between 2pm and 4pm.

Tenders close at 12.00 noon on Friday 21st October 2016 and must be received in writing by Edward Buckland at Crusader House, Newham Road, Truro, Cornwall, TR1 2DP.
A Tender Form can be downloaded below.

DESCRIPTION
Currently 61.88 Ha (152.90 Acres) is being used for arable cropping with the remainder laid to permanent pasture and woodland.

The land is available in two lots with Lot 1 extending to 92.24 acres and is edged red on the attached plan. Lot 2 extends to 86.41 acres and is edged blue on the attached plan.

THE FARM HOUSE
The farm house is currently being renovated by the Landlord and will be available to let in due course, first refusal of the letting of the Farmhouse will be given to the selected Tenant.

FARM BUILDINGS (Lot 3)
1. Workshop 450ft2 – 30ft x 15ft (9.1m x 4.6m) Timber framed building with cement/fibre roof. Timber boarding and Yorkshire boarding surrounding the building.

2. Workshop 660ft2 – 30ft x 22ft (9.1m x 6.7m) Concrete block walls with Big 6 corrugated roof, concrete floor, timber cladding and lockable doors.

3. Dutch Barn with two Lean-To’s

a) 1,320ft2 – 60ft x 22ft (18.3m x 6.7m) Southern Lean-to off the adjoining Dutch barn. Timber framed and concrete block construction, Big 6 corrugated roof with earth floor.

b) 1,800ft2 – 60ft x 30ft (18.3m x 9.1m) Main Dutch barn of timber framed construction with Big 6 corrugated roof, earth floor, boarding and cladding to North Western gable wall.

c) 1,800ft2 – 60ft x 30ft (18.3m x 9.1m) Northern Lean- to off the adjoining Dutch barn. Timber framed and concrete block construction with Big 6 corrugated roof. The building benefits from a concrete floor and metal partitioning walling.

4. General Purpose Building 1,800ft2 – 60ft x 30ft (18.3m x 9.1m) Dutch barn of timber framed construction with Big 6 corrugated roof and concrete floor. Boarded gable walls situated on the Northern side of the building.

5. Covered yard 1,034ft2 – 47ft x 22ft (14.5m x 6.8m) timber framed and concrete block construction with corrugated roof and concrete floor

6. General Purpose Building 2,400ft2 – 60ft x 40ft (18.3m x 12.2m) concrete block construction with timber and big 6 corrugated roof, includes metal wall cladding and a concrete floor.

7. Traditional stone barn/Workshop 960ft2– 48ft x 20ft (14.8m x 6.0m) single storey traditional stone barn under a pitched slate roof.

8. Two Dutch Barn’s with two Lean-To’s

a) Lean-To 2,700ft2 – 90ft x 30ft (27.4m x 9.1m) North Western Lean-To off the adjoining Dutch Barn. Timber framed and concrete block construction with corrugated roof and concrete floor. Partitioning includes both feed barriers and sheet metal partitions.

b) Dutch Barn 2,700ft2 – 90ft x 30ft (27.4m x 9.1m) Dutch Barn of timber framed construction with Big 6 corrugated roof and concrete floor. Metal partitioning between the adjoining Dutch Barn.

c) Dutch Barn 2,700ft2 – 90ft x 30ft (27.4m x 9.1m) Dutch Barn of timber framed construction with Big 6 corrugated roof and concrete floor. Metal partitioning between the adjoining Lean-To.

d) L Shaped Lean-To 1,200ft2 – 30ft x 20ft : 60ft x 10ft (9.1m x 6.1m : 18.3m x 3.0m) South Eastern Lean-To off the adjoining Dutch Barn. Timber framed construction with corrugated roof.

Gross internal area: 22,799ft2 (all areas and dimensions are approximate)

RENTAL TERMS
The holding will be let on a Farm Business Tenancy, with an initial term of 3 years. A draft copy of which will be made available upon request. The rent tendered will be a market rent and if reviewed will be assessed on this basis.

REPAIRS AND INSURANCE
The holding will be let on a full repairing and insuring basis and with obligations resting with the Tenant.

RATES/TAXES
All rates and taxes, will be payable by the Tenant.

BASIC PAYMENT SCHEME
The Landlord will make available to the Tenant prior to the 15th May 2017 71.33 Ha of Basic Payment Scheme entitlements for the Tenant to use whilst in occupation. These entitlements should be factored into the rental value and will be returned to the Landlord at the end of the term.

ENVIRONMENTAL STEWARDSHIP/COUNTRYSIDE STEWARDSHIP SCHEMES
The farm is not entered into any Countryside Stewardship/ Environmental Stewardship Schemes.

OCCUPATION
Available for occupation from 1st November 2016 until 29th September 2019.

LEGAL COSTS
The ingoing Tenant to pay a contribution of £200 plus VAT associated with the drafting of the Farm Business Tenancy.

INGOING VALUATION
There will be no formal ingoing valuation; however the Ingoing Tenant will be responsible for any claim made by the Outgoing Tenant in respect of residual fertility.

TENDER PROCESS
Tenders must be submitted, together with the personal particulars form and should bear the applicants signature, certifying that the information is correct.

Applicants must complete the attached application form in full and provide a business plan for three years. Applicants should also include information as to the amount of capital they will bring to the farm, including any livestock, deadstock, working capital and sources of capital; available for investment.

All tenders must be for a specific sum. Where the tender has been prepared by a professional agent this should be made clear.

Completed applications must be received at:

Edward Buckland Ltd, Crusader House, Newham Road, Truro, Cornwall, TR1 2DP

Applications should be marked “Private and Confidential TF Tender”.

We reserve the right not to accept the highest or indeed any tender.

GENERAL INFORMATION
Local Authorities: Cornwall Council, New County Hall, Treyew Road, Truro, TR1 3AY.
0300 1234 100

Business Rates: The property is not currently subject to business rates, however if any business rates become payable then they will be the responsibility of the tenant.

Services: The property is served with main electricity with the main supply in the rear of building eight by the grain bin.

Prospective tenants should make their own enquiries of the appropriate statutory undertakers:

Western Power 0845 601 2989
South West Water 0800 1691144

VAT: All of the above figures are quoted exclusive of VAT, where applicable.

FULL LAND SCHEDULES OF THE LOTS ON OFFER INCLUDING PLANS OF THE LAND AND BUILDINGS AND TENDER DOCUMENTS ARE AVAILABLE TO DOWNLOAD BELOW OR CAN BE POSTED OR EMAILED ON REQUEST.

trethewell-letting-details

trethewell-tender-form

All enquiries please contact Edward Buckland on 01872 306090.