LAND AT OAKBANK FARM

LOWESWATER, CUMBRIA, CA13 0RR

in the

LAKE DISTRICT NATIONAL PARK

Mitchells Land Agency

Mitchells Auction Company Limited

Lakeland Livestock Centre

COCKERMOUTH

CA13 0QQ

Tel: 01900 822016

www.mitchellslandagency.co.uk

info@mitchellslandagency.co.uk

Are delighted to present to the market for sale:

LAND AT OAKBANK FARM

Loweswater, Cockermouth, Cumbria, CA13 0RR

This is an opportunity to acquire up to 253 acres of productive agricultural land and fell available in 5 lots of varying size from 4 ½ acre paddock to 175 acre block of fell and intake.

Guide Price for the whole £595,000 – see inside for each Lot

LOCATION / DIRECTIONS:

Located at the foot of Low Fell, the land at Oakbank Farm sits in a rural and picturesque setting, approximately 2.5 miles south of the village of Low Lorton. The town of Cockermouth is located approximately 6.5 miles to the north.

From the north, Lots 1 to 4 of the land at Oakbank farm are accessed directly off the minor road from Low Lorton to Loweswater (approximately 2.5 miles from Lorton). From the south, take the A5086 towards Cockermouth, at Lamplugh, take the minor road to Loweswater, then the minor road heading for Low Lorton. For those using ‘Sat Nav’ systems input the postcode CA13 0RR. Lot 5 is accessed over neighbouring land from the Lamplugh to Loweswater road. The 5 lots are marked with ‘For Sale’ boards. See the location plan below and the sale plan at the end of these particulars.

GENERAL DESCRIPTION:

Lots 1 to 4 comprise a useful mixture of productive mowing and grazing land ranging from approx. 110-140m above sea level. Lot 5 is 160 acres of enclosed fell and 15 acres of intake ranging from 140-420m above sea level. See the sale plan and schedule of enclosures at the end of these particulars for further detail. All of the lots benefit from natural water supplies. Lots 1 to 4 are accessed directly from the Low Lorton to Loweswater road whereas Lot 5 is accessed over neighbouring land from the Lamplugh to Loweswater road (see ‘Tenure and Title’ section and the sale plan). Existing boundaries are stockproof comprising a mixture of hedgerow, post and wire netting fences and stone walls. There are several sections of fencing to retained land that are to be erected by the Vendor prior to completion (see ‘Boundaries’ section).

GUIDE PRICES:

• Lot 1: 7.07 ha (17.47 acres) – £100,000

• Lot 2: 9.99 ha (24.69 acres) – £125,000

• Lot 3: 12.72 ha (31.43 acres) – £150,000

• Lot 4: 1.87 ha (4.62 acres) – £45,000

• Lot 5: 70.99 ha (175.42 acres) – £175,000

FURTHER DETAILS

VIEWING: At any reasonable time during daylight hours provided a copy of these particulars are to hand. METHOD OF SALE: The property is offered for sale by Private Treaty. TENURE AND TITLE: The property has freehold title and vacant possession will be given on completion. The following affect the property:

• Overhead electricity pole lines affect Lots 1, 2, 3 and 4.

• A public footpath affects Lot 5

• Access and egress from Lot 5 is shown brown on the sale plan. A statement of truth evidencing the long use of the access by the owners and occupiers of the property will be provided by the Vendor on completion accompanied by a corresponding indemnity insurance policy.

• The Vendor retains rights over all Lots to install and use services for the benefit of retained property.

The property is sold subject to all existing burdens (covenants, wayleaves, rights of way, easements, quasi-easements, rights of access, ancient monuments, etc.) whether public or private and whether constituted in the title deeds or not. The purchasers will be held to have satisfied themselves as to the nature of such burdens and are advised to contact the Vendor’s solicitor in order to do so. VENDOR’S SOLICITOR: Richard Miller, Burnetts, Victoria House, Wavell Drive, Rosehill, Carlisle, CA1 2ST. Tel: 01228 552296. Email: rm@burnetts.co.uk MINERAL & SPORTING RIGHTS: The mines, minerals and sporting rights are excepted from the sale. BOUNDARIES: There are several sections of fencing to retained land and buildings that are to be erected by the Vendor prior to completion. They are as follows (see sale plan):

• Lot 1 - around the roadside traditional buildings.

• Lots 1 and 2 - along the track and infield barn separating Lots 1 and 2.

• Lots 3 and 5 - around Pottergill former steading and a section of boundary fence between Lots 3 and 5.

• Lot 4 - a track from the roadside gate along the southern edge of the field. VALUE ADDED TAX (VAT): VAT will not be charged on the sale.

BASIC PAYMENT SCHEME (BPS): The fell land (OS parcel no. 6069) is classified as Moorland whereas the rest of the land is classified as SDA by the Rural Payments Agency/DEFRA. The land has been registered for the BPS but there are no entitlements for sale either with the land or separately. A claim for BPS has been submitted for 2020. The successful purchaser(s) will be required to meet the BPS scheme requirements on behalf of the Vendor until 31st December 2020. ENVIRONMENT: The land has an Entry Level and Higher Level Stewardship agreement with Natural England which expires on 30th April 2023. Full details of the Agreement are available electronically from Mitchells on request. The costs of transferring the agreement will be met by the purchaser(s) and a fee of £250 + VAT per transfer will be charged for a straightforward transfer. DATE OF PREPARATION: May 2020.

IMPORTANT NOTICE

Whilst every care has been taken in the preparation of these particulars, all interested parties should note:

1. The description and photographs are for guidance only and are not a complete representation of the property. Photographs were taken May 2020.

2. Plans are not to scale, are for guidance only and do not form part of a contract. 3. Services and appliances referred to have not been tested and cannot be verified as

being in working order. 4. No survey of any part of the property has been carried out by the Vendor or the Sole

Selling Agent. 5. All measurements have been taken using the following: Ordnance Survey data; the

RPA Rural Land Registry maps; Promap mapping software; from scaled plans and by tape measure and therefore may be subject to a small margin of error.

6. Only those items referred to in the text of these particulars are included. 7. Nothing in these particulars or any related discussions forms part of any contract

unless expressly incorporated within subsequent written agreement. These particulars do not form, not form any part of, any offer of contract. Any contract relating to the sale of the property shall only be capable of being entered into by the Vendor’s solicitor.

8. These particulars have been prepared in good faith and in accordance with the Consumer Protection from Unfair Trading Regulations 2008 to give a fair overall view of the property, but neither Mitchell’s Auction Company Ltd nor the Vendor accepts any responsibility for any error that they may contain, however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness.

9. Neither Mitchell’s Auction Company Ltd nor any of their employees has any authority to make or give further representation or warranty in relation to the property.