Approximately 110.31 acres of arable and pastureland, with good access to the A30, to let in two separate lots. Available from late April 2025. Tenders are due by 12 noon on Monday 14th April 2025.
DEADLINE FOR RECEIPT OF TENDERS IS 12 NOON ON MONDAY 14TH APRIL 2025.
Approximately 110.31 acres of arable and pastureland, with good access to the A30, to let in two separate lots. Lot one is available on a three year Farm Business Tenancy. Lot two is available for summer grazing/mowing under a licence agreement. Available from late April 2025 (and subject to contract).
LAND In total, the land comprises 110.31 acres (44.64 ha) of pasture and arable land. Each lot comprises the following:
Lot 1 – 53.40 acres (21.61 ha) in seven fields, available on a three year Farm Business Tenancy agreement (edged in red).
Lot 2 – 56.91 acres (23.03 ha) in eight fields, available for summer grazing or mowing under a licence agreement (edged in blue).
A plan of the holding is available from the agents.
The land is classified as being Grade 3 according to DEFRA’s Agricultural Land Classification Map.
In respect of lot 1, the landlord is open to proposals which involve using the land for arable or vegetable production, subject to obtaining all necessary consents in respect of the pastureland. Applicants are responsible for conducting their own enquiries in this regard.
METHOD OF LETTING & TERMS OF THE TENANCY The land is offered to let by tender in two separate lots.
• Lot 1 is offered subject to contract on a new three year Farm Business Tenancy agreement, commencing from late April 2025 until the 31st March 2028.
• Lot 2 is available under a licence agreement for mowing and grazing until the 28th September 2025.
In respect of lot 1: - 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 for both lots is at 12 noon on Monday 14th April 2025. Tender forms are available from the agents.
Any tenders should be submitted electronically to George Olver of Carter Jonas.
With regard to lot 1, in addition to the agreed rent, the incoming Tenant will be liable to pay £500 (+VAT), as a contribution towards the Landlord’s costs.
With regard to lot 2, in addition to the agreed licence fee, the incoming Licensee will be liable to pay £300 (+VAT), as a contribution towards the Licensor’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 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 relevant 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 With regard to lot 1, 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 With regard to lot 1, 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 With regard to lot 1, 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 With regard to lot 1, all sporting rights are reserved by the Landlord.
INGOINGS With regard to lot 1, 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 been trimmed recently and the successful applicant will be required to trim all hedges during the final month of the tenancy.
Should any pastures be broken during the tenancy, the successful applicant must produce a soil management plan upon request to protect the Landlord’s soils from erosion.
Additionally, 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 With regard to lot 1, 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 With regard to lot 1, 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 With regard to lot 1, the Tenant shall not enter the land into any subsidy or grant scheme without the landlord’s prior written consent.
DESIGNATIONS All of the land lies within a Nitrate Vulnerable Zone (NVZ). Within lot 2, there is an Iron Age round which is designated as a scheduled monument.
SERVICES Prospective applicants must satisfy themselves as to the availability and suitability of any water supply as part of their tender application.
WAYLEAVES, EASEMENTS & RIGHTS OF WAY There are no public rights of way over lot 1.
A public footpath runs north-south over lot 2. More detailed information can be found on the Cornwall Council interactive mapping system.
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 the A30, come off at the Chiverton Cross junction. At the roundabout, take the exit onto the B3277 signposted St Agnes. Proceed along this road and at the next roundabout take the third exit in the direction of St Agnes. Proceed for approximately one third of a mile before turning left signposted Mount Hawke. After approximately 100 metres, turn right signposted Mount Hawke. Continue along this road (keeping to the right where necessary) and after approximately one mile, access to the land within lot 1 will be found on your left-hand side, where a ‘to let’ board has been erected.
To access lot 2, continue for a further 500 metres or thereabouts before turning left at the crossroads. Proceed down this road for approximately 0.4 miles, passing the entrance lane to Coosewartha Farm. Access to the land will be found on your right shortly after, where a ‘to let’ board has been erected.
WHAT3WORDS Lot 1: ///loving.greyhound.mostly Lot 2: ///trial.increment.shifters
TRURO OFFICE Contact George Olver for more information.
The next steps...
1
Establish funds
How will you fund the purchase?
Before making an offer on a property you will want to consider your financial situation, your income and outgoings.
Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.
They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.
However advantages of working with your bank are:
You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.
2
Making an offer
with Carter Jonas.
When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.
Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.
If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.
3
Need to sell a property
or thinking of letting?
If you have a property to sell, why not see how we can help you.
Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.
Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.
