LN8 2BJ - 1 bed large arable parcel in Gainsborough, LN8 2BJ

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Land for sale in Lot 1 - Land off Atterby Lane (33.88 Acres), LN8

Summary - THE THIRD WHEEL ATTERBY MARKET RASEN LN8 2BJ

1 bed 1 bath Land

Productive farmland with tenancy income and clear cropping potential.
- Approximately 33.88 acres of free-draining arable land
- Classified Grade 2 and 3 agricultural land
- Suitable for cereals, sugar beet and potatoes cropping
- Let on Farm Business Tenancy until 6 Oct 2026, rent £11,030 pa
- No mains services or irrigation rights included
- Nitrate Vulnerable Zone designation applies
- Gas main and electricity wayleave cross Lot 1
- Drainage charge payable; Lots 3 and 4 have 25-year overage
Lot 1 is a substantial parcel of free-draining arable land extending to approximately 33.88 acres (part of a 68.06-acre holding) around the village of Atterby. The soils (Aswarby association) suit combinable cereals, sugar beet and potatoes, and the holding is classified as Agricultural Land Grades 2 and 3. The position c.15 miles north of Lincoln gives straightforward access to regional markets via the A15.

The land is offered freehold but is let on a Farm Business Tenancy running until 6 October 2026; vacant possession may be available earlier by negotiation and a holdover will be granted to allow the tenant to harvest the growing crop. The current rent is £11,030 per annum. Mineral, timber and shooting rights are included so far as owned.

Practical considerations include no mains services, no irrigation rights, and a general drainage charge payable to the Environment Agency. A gas main and an electricity wayleave cross Lot 1. The property lies within a Nitrate Vulnerable Zone. Lots 3 and 4 carry a 25-year development overage (25% of any uplift) should residential planning be implemented.

This lot will suit commercial farmers or investors seeking productive arable land with immediate cropping potential and established tenancy income. Buyers should check boundaries, existing rights of way, and local service provision, and be aware of the environmental and wayleave constraints noted in the sale particulars.

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