Herberts Farm

Saddleton Street

Tysoe

Warwickshire

CV35 0SH

Lettings Particulars

Viewing Day: 13th February 2020

10.00am to 3.00pm

Location: Herberts Farm is situated to the north of

the village of Tysoe in the Vale of the

Red Horse. The village is approximately

3 miles south of Kineton and 7 miles

from Junction 12 of the M40.

Directions:

When travelling south, from the M40

Junction 12, take the Kineton Road

south continuing through the villages on

Kineton and Little Tysoe. Once in Tysoe

take a right turn on to Back Lane which

will take you to the farm entrance.

When travelling north, take the B4035

off the Fosse Way and continue on this

road through Shipston on Stour and

Upper and Lower Brailes following

which take a left turn to Tysoe. Back

Lane will be on the left.

Postcode for the farm: CV35 0SH.

The Land: The holding extends to approximately

127.56 acres including a farmhouse,

cottage, a mixture of arable land and

pasture together with a substantial

range of farm buildings.

Flooding:

Part of fields 3321 and 1941 are in

Flood zone 3.

Cropping:

The arable land will remain fallow and

no further cultivations will be carried

out before 1st April 2020.

Basic Payment Scheme:

The letting comes without the benefit of

any basic payment scheme

entitlements but these may be available

to purchase from the outgoing tenant.

Countryside Stewardship Schemes:

The farm currently has no active

agreements in place.

Nitrate Vulnerable Zones:

The whole of the holding is in a Surface

Water Area Nitrate Vulnerable Zone.

Prospective tenants should ensure their

Business Plan and proposed methods

of farming will be compliant with Nitrate

Vulnerable Zone regulations.

The Farmhouse:

The dwelling comprises a period semi-

detached three-storey, four bedroom

farmhouse.

Ground Floor:

The ground floor consists of a utility,

WC, kitchen, larder, dining room, living

room and hall.

First Floor:

The first floor consists of two

bedrooms and a bathroom.

Second Floor:

The second floor consists of two

bedrooms.

The Cottage:

The dwelling comprises a semi-

detached two-storey part thatched two

bedroom cottage.

Ground Floor:

The ground floor consists of a kitchen,

parlour, living room, store and old

dairy.

First Floor:

The first floor consists of two

bedrooms and a bathroom.

Council Tax:

The farmhouse falls under tax band F -

£2,705.32 (2019/20) and is payable to

Stratford-on-Avon District Council. The

Tenant will be required to personally

reside in the farmhouse or cottage

during the tenancy. The cottage falls

under band D - £1,872.92.

Services:

Water

Mains water is connected to the

property; the cottage is sub-metered.

Electricity

There is mains electricity to the

farmhouse, cottage and buildings.

Heating

There is oil fired central heating to the

farmhouse and LPG gas heating to the

cottage.

Storm Water

Storm drainage is to soakaways.

Telephone and Broadband

There is a telephone line connected to

the farmhouse and broadband services

available locally.

Foul Drainage

Mains drainage to both the farmhouse

and cottage.

Farm Buildings:

Herberts Farm has an extensive range

of modern and traditional farm buildings

for livestock, arable and general

purposes uses.

The buildings are well maintained and

will be left clean and tidy in their current

condition before occupation.

There is a schedule and plan of the

buildings attached.

Ingoings: There will be no ingoings but

prospective tenants will need to

demonstrate adequate capital

availability to stock and farm the

holding.

Dilapidations:

There will be no ingoing dilapidation

payments made to the incoming

Tenant.

A schedule of condition will be prepared

at the commencement of the tenancy

by Warwickshire County Council and

agreed with the incoming Tenant.

The Tenancy:

The holding will be let as a mixed

holding on a Farm Business Tenancy

from 1st April 2020 for 10 years. There

will be a redevelopment break clause

on 3 months’ notice any time after 1st

April 2023 in the event that the Landlord

should get planning permission on the

yard.

The Landlord reserves the right to serve

3 months’ notice at any time to recover

possession of the cottage.

The Holding will be let on a full repairing

basis with the tenant to reimburse the

Landlord’s insurance block policy for

the building structures.

The draft copy of our standard FBT is

available to view on request

Capital Requirement:

There is a minimum capital requirement

of £75,000 for applicants, at least 75%

of which is required to be possessed by

the applicant represented by either the

value of live or dead stock, savings or

other related assets. This is critical to

the success of the application and may

need to be confirmed by a bank or

independent accountant.

Rent:

The rent is to be paid monthly in

advance and reviewed on a three-

yearly basis to Market Rent.

When submitting applications we will

require applicants to submit their best

rental offer for the holding. Although the

rental offer will be of high importance,

our consideration will also be heavily

based on the strength of the applicant’s

business plan for the holding.

It may assist your application to show

how your rent offer was calculated, by

itemising a sum for each part of the

holding (e.g. farmhouse, land,

buildings, spinneys etc). The Tenant

will be required to meet any Stamp Duty

Land Tax or any other rates that may

arise.

Improvements:

Should the Tenant wish to carry out

improvements to the holding, written

consent will have to be obtained from

the Landlord. Any conditions attaching

to the consent will have to be agreed at

the time. It would be standard practise

for this to include provisions relating to

the compensation payable for the

improvement at the end of the tenancy.

Criteria for Applicants:

All applicants should have at least five

years full time practical experience in

agriculture or rural business

management, of which up to three

years of experience in agricultural

based education may be taken into

account (relevant certificates will be

required at the interview). Applicants

should therefore currently be involved

in agriculture, rural business or an allied

industry.

The applicant must have a clear vision

as to how the holding can be developed

and diversified. To accompany the

application form, applicants must

include a detailed business plan (ideally

a five year plan – minimum of three

years) including a financial plan with

proposals for investing and/or utilising

all existing farm buildings. Proposals for

any diversification to add value to the

holding will be considered positively. A

scoring criterion is included in the

tender pack to indicate the weighting of

each section.

Warwickshire County Council

encourages proposals for sustainable

agriculture, and welcomes tenants who

are keen to develop new business

within the local community.

The Tenant will not be permitted to

assign, sublet or part with possession of

any element of the holding aside from

there being consent to sublet either the

cottage or the farmhouse which will be

determined prior to the commencement

of the tenancy.

Viewing Arrangements:

There will be a viewing day on

Thursday 13th February 2020 10.00am

to 3.00pm and the farmhouse and

cottage will be available to be viewed

internally on this day. Viewings are

strictly by appointment only and you will

therefore need to book a time to view.

Please contact Nick Curnock on

01926 492511 or email nick@godfrey-

payton.co.uk for further details.

The holding may not be inspected at

any other time.

Application for Tenancy:

Please ensure that all applications are

completed accurately, truthfully and in

full. In determining the success of

applicants we will attach most weight to

the rental offer and business plan. We

highly recommend that you cover all of

the relevant criteria as discussed

throughout these particulars, and do

not omit anything which may help your

application.

Measures will be taken to ensure applications from the armed forces community will not suffer disadvantage when being considered as prospective tenants. Applications should arrive no later

than 1pm on Friday 6th March 2020.

These are to be sent in a sealed

envelope, addressed as follows:

Herbert’s Farm Tender Documents

F.A.O Nick Curnock

Godfrey-Payton

25 High Street

Warwick

CV34 4BB

Short Listed Applicants:

Short Listed Applicants will be notified

as soon as is practicable that they have

been selected for interview. Short

Listing will be based upon the quality of

the application and Warwickshire

County Council reserves the right to

carry out an inspection prior to or

following the interview of any short

listed applicants farming enterprise, if

applicable.

Interviews:

The short listed applicants will attend

interviews carried out by a panel to

include County Council representatives.

Interviews will be held week commencing

16th March 2020. Applicant’s partners are

encouraged to attend if possible.

Applicants will be required to provide documentary evidence of their financial circumstances (stock and machinery valuations) together with a bank statement, building society books and share certificates. Certificates of agricultural qualifications will be required if this forms part of the five years of agricultural experience. If the applicant’s own resources are insufficient, they will be required to provide evidence to satisfy the panel that they are in a position to obtain a loan to meet their capital requirements. A written statement of support by a separate guarantor will be treated favourably.

Property Misdescription:

Whilst every effort is taken to ensure the accuracy of these particulars, Warwickshire County Council for Warwickshire Council for themselves and for the lessors of this property, hereby give notice that all descriptions, dimensions, reference to condition and necessary permissions for the use and occupation and other details are given without responsibility, and any prospective applicants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them as statements or representation of fact.