Farm land for sale

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Farm land for sale

Lot 5 - Quarry Access Road And Verge, Including Former Waste Amenity Site, Totalling 4.83 Hectares (10.83 Acres)
£300,000

Our Summary

  • 00 per annum represents an attractive income stream secured for a number of years with scope for increase, being index linked

Description

This concrete haul road, constructed in 1998, provides access to Whisby Quarry and is leased to Tarmac until 2048, with rights reserved for farm traffic. The lease also grants LincWaste permission to use the haul road and civic waste facility until 2048. The current rent of £34,626 per annum is index-linked and attractive, with scope for increase. The property also includes a former waste disposal site, formerly occupied by Lincolnshire County Council, which has a permit for landfill and is not contaminated. The road and verges are included, with rights reserved for use by the buyer of Lot 3. There is an opportunity to extend the permitted use of the road for a capital sum, which has not been concluded. The property is offered for sale by private treaty, as a whole or in any combination of the five lots, with vacant possession on completion, except for Top House and the quarry haul road.