Summary - THE THIRD WHEEL ATTERBY MARKET RASEN LN8 2BJ
1 bed 1 bath Land
Free-draining arable land with rental income and long-term potential.
- Freehold arable parcel of approximately 7.66 acres
- Good-quality Aswarby soils, Grades 2 and 3 agricultural land
- Let on Farm Business Tenancy until 6 Oct 2026, rent £11,030 pa
- Holdover for harvest will be permitted for existing tenant
- No mains services or irrigation rights included with the sale
- Located in a Nitrate Vulnerable Zone (NVZ)
- 25-year development overage on Lots 3 and 4 (25% uplift share)
- General drainage charge payable to the Environment Agency
Lot 3 comprises 7.66 acres of free-draining arable land close to the village of Atterby, about 15 miles north of Lincoln. Soils fall mainly within the Aswarby association (limestone and fine loamy soils), suitable for cereals, sugar beet and potatoes. The parcel is classified as Agricultural Land Grades 2 and 3 and benefits from expansive, unobstructed rural views.
The land is offered freehold but is let under a Farm Business Tenancy that runs until 6 October 2026. The current rent is £11,030 per annum and holdover will be granted for harvesting the growing crop. There are no mains services or irrigation rights included, and a general drainage charge is payable to the Environment Agency.
Commercial buyers and farmers should note a 25-year development overage applies to Lots 3 and 4, payable as 25% of any uplift triggered by residential planning permission or disposal with such consent. The land lies within a Nitrate Vulnerable Zone and is sold subject to existing rights, easements and wayleaves; buyers should satisfy themselves on boundaries and services.
This lot suits an agricultural user seeking good-quality arable land with immediate rental income potential and straightforward cropping prospects. It may also attract long-term investors mindful of the tenancy term, service limitations and the development overage covenant.
Land for sale in Lot 4 – Land off Atterby Lane (6.12 Acres), LN8 — £61,000 • 1 bed • 1 bath
Land for sale in Lot 1 - Land off Atterby Lane (33.88 Acres), LN8 — £338,000 • 1 bed • 1 bath
Land for sale in 68.06 Acres - Land, Atterby, Market Rasen, LN8 — £680,000 • 1 bed • 1 bath
Land for sale in Lot 2 – Land off Bishop Norton Road (20.40 Acres), Atterby, LN8 — £204,000 • 1 bed • 1 bath
Farm land for sale in Lot 3 - 54.14 Acres Of Land At Crossholme Farm, Well Street, Bishop Norton, Market Rasen, Lincolnshire, LN8 2AZ, LN8 — £530,000 • 1 bed • 1 bath
Farm land for sale in Lot 1 - 139.24 Acres Of Land At Crossholme Farm, Well Street, Bishop Norton, Market Rasen, Lincolnshire, LN8 2AZ, LN8 — £1,370,000 • 1 bed • 1 bath
