Free‑draining 68‑acre arable holding in LN8, offered freehold with tenancy to Oct 2026..
Approximately 68.06 acres in four lots (33.88, 20.40, 7.66, 6.12 acres)
A substantial block of freehold arable land extending to approximately 68.06 acres in four convenient lots around the village of Atterby, LN8. The soils are principally free‑draining fine loamy limestone (Aswarby association), shown as Grades 2 and 3, suitable for cereals, sugar beet and potatoes. The land is currently in arable rotation and lies outside flood risk zones.
The land is sold subject to a Farm Business Tenancy with vacant possession available from 6 October 2026 (earlier by negotiation). The current rent is £11,030 per annum and holdover will be allowed for the tenant to harvest the growing crop. Mineral, timber and shooting rights are included where owned.
Practical considerations are clear: there are no mains services or irrigation rights included, a general drainage charge to the Environment Agency is payable, and a gas main and electricity wayleave cross Lot 1. The majority of the land lies within a Nitrate Vulnerable Zone, which may affect fertiliser and cropping regimes and grant eligibility.
Lots 3 and 4 carry a 25‑year development overage (25% of any uplift) triggered by implementation or sale with residential planning consent. This is important for buyers contemplating long‑term development value. Overall, the holding suits commercial farmers, land investors or those seeking scale in a productive arable area, provided the tenancy timetable and overage position meet their plans.