51.4 acres (20.8 hectares)
Approximately 51.39 acres of arable land to let, with good access off the A3059. Available as a whole from late April 2025 on a two year Farm Business Tenancy. Tenders are due by 12 noon on Friday 11th April 2025.
DEADLINE FOR RECEIPT OF TENDERS 12 NOON ON FRIDAY 11TH APRIL 2025.
Approximately 51.39 acres of arable land to let, with good access off the A3059. Available as a whole on a two year Farm Business Tenancy (subject to contract) commencing from late April 2025.
LAND
The land comprises 51.39 acres of arable land divided into six fields.
The land is classified as being Grade 3, according to DEFRA’s Agricultural Land Classification Map.
The land is currently all in maize stubble.
The landlord is open to proposals which involve using the land for arable or vegetable production.
METHOD OF LETTING & TERMS OF THE TENANCY
The land is offered to let by tender as a whole. The land is offered subject to contract on a new two year Farm Business Tenancy agreement, commencing from late April 2025 until the 31st March 2027.
The rent will be payable in equal instalments on the 17th day of each month in advance by direct debit. The Landlord reserves the right to vary the area of land prior to the signing of the Tenancy, subject to a pro-rata adjustment in the tendered rent.
A draft of the proposed Tenancy Agreement and plans will be available (subject to contract) for inspection from the agents.
Applicants for the tenancy shall be deemed to have read and accepted the terms of the proposed Tenancy Agreement and the successful applicant will be required to sign formal Heads of Terms within 14 days of acceptance of their tender and the Tenancy Agreement prior to entry.
TENDER APPLICATION & FEE CONTRIBUTION
The deadline for tenders is 12 noon on Friday 11th April 2025. Tender forms are available from the agents.
Any tenders should be submitted electronically to George Olver or Chris Anderson of Carter Jonas.
In addition to the agreed rent, the incoming Tenant will be liable to pay £500 (+VAT) per tenancy agreement, as a contribution towards the Landlord’s costs.
After receiving the tenders, a shortlist of applicants will be drawn up and all applicants will be informed as to whether their names have been shortlisted.
The Landlord’s Agent reserves the right to visit shortlisted applicants on their present holding, following which references may be taken up as necessary and a decision will then be made as to the successful applicant. The successful applicant will be informed of the decision as soon as possible and will then be required to sign the tenancy agreement within 14 days of acceptance.
The highest or any other tender will not necessarily be accepted, it is entirely at the landlord’s discretion.
The landlord reserves the right to remove the land from the market and to not accept any of the tenders.
VAT
No VAT is currently payable on the rent itself, but the Landlord reserves the right to charge VAT should the option to tax be elected.
PART RESUMPTION
The Landlord will have the right to recover 15% of the holding in each year of the term by serving 12 months’ notice of their intention to do so.
ASSIGNMENT
The tenant will not be permitted to assign, underlet or part with/share possession of the whole or any part of the interest, without written consent from the Landlord.
SPORTING RIGHTS
All sporting rights are reserved by the Landlord.
INGOINGS
There will be no ingoing valuation payment required from the successful applicant; however, a record of condition will be prepared prior to the tenancy commencement date to document the state and condition of the property.
The hedges have not been trimmed, but the successful applicant will be required to trim all hedges during the final month of the tenancy.
Before the final year of the tenancy, the tenant must agree with the landlord on a final cropping plan, ensuring that each field is either returned to a good-quality long-term ley or sown with an agreed arable crop or green cover crop.
Applicants should consider these responsibilities and the associated costs when preparing their tender.
REPAIRING & INSURING OBLIGATIONS
The Tenant will be responsible for the maintenance of the land (in particular trimming hedges, repair of gates/fences, and all field cultivations) and for insuring their own stock.
The Tenant will be responsible to put and keep the holding in good agricultural condition, as evidenced by a photographic record of condition which will be produced prior to the commencement date of the tenancy.
Within the first three months of the tenancy, the Tenant shall provide a full soil analysis at their cost to the Landlord and will ensure existing fertility and PH levels are maintained or enhanced during the tenancy. A corresponding soil analysis report shall be produced by the Tenant (at their expense) within three months of the end of the tenancy.
IMPROVEMENTS
If the incoming Tenant wishes to carry out improvements at their own expense, the Landlord’s written permission will be required. The conditions of such permission being a matter of discussion at the time.
ENVIRONMENTAL SCHEMES
The Tenant shall not enter the land into any subsidy or grant scheme without the landlord’s prior written consent.
DESIGNATIONS
None of note.
WAYLEAVES, EASEMENTS & RIGHTS OF WAY
There are no public rights of way over the land.
VIEWINGS
Potential tenants wishing to view the land should contact Carter Jonas in the first instance, but may view unaccompanied, on foot and during daylight hours only.
DIRECTIONS
From Trekenning Roundabout at St Columb, take the exit onto the A3059 signposted Newquay. Continue along this road for approximately 3.5 miles, passing the Gulf garage, the turn off for the airport, and the Aerohub Business Park/Spaceport Cornwall. The land will be found on your right-hand side, shortly after passing the business park, where a ‘to let’ board has been erected.
WHAT3WORDS
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TRURO OFFICE
Contact George Olver for more information.
Check the fees attached to the property.
There may be some fees payable by the tenant depending on the type of tenancy.
The precise details of the fees can be downloaded directly from the ‘Key Property Details’ section of the property details page.
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