Summary - THE THIRD WHEEL ATTERBY MARKET RASEN LN8 2BJ
1 bed 1 bath Land
Productive 6.12-acre free-draining arable parcel with tenancy and development overage..
6.12 acres freehold arable land on edge of Atterby village
Free-draining Grade 2/3 soils suitable for cereals, potatoes, sugar beet
Sold subject to Farm Business Tenancy; vacant possession from 06/10/2026
Current rent £11,030 per annum; early possession negotiable
25% development overage on Lots 3 and 4 for 25 years
No mains services or irrigation rights included; buyers must verify
Within a Nitrate Vulnerable Zone; Environment Agency drainage charge payable
No flood risk; boundaries and rights of way to be checked by buyer
Lot 4 is a freehold arable field of approximately 6.12 acres on the edge of the village of Atterby, about 15 miles north of Lincoln. The land is free-draining, classified mainly Grade 2/3 with fine loamy soils over limestone, suitable for cereals, sugar beet and potatoes. There is no flood risk and mineral, timber and shooting rights are included in so far as owned.
The land is sold subject to a Farm Business Tenancy which ends on 6 October 2026; the current rent is £11,030 per annum and vacant possession may be negotiable earlier. There are no mains services or irrigation rights included and a general drainage charge to the Environment Agency applies. Broadband is slow and mobile signal average, reflecting the rural location.
Important constraints: Lots 3 and 4 carry a 25-year development overage from completion, triggered by implementation or disposal with residential planning permission, equal to 25% of any uplift in value. The land lies within a Nitrate Vulnerable Zone and is sold subject to existing rights of way, wayleaves and boundaries, which buyers must satisfy themselves about.
This lot will suit an agricultural occupier, investor or buyer seeking a small parcel of productive arable land near village amenities. It offers straightforward cropping potential and short-term rental income, but purchasers should factor in tenancy timing, overage, service limitations and environmental restrictions before bidding.
Land for sale in Lot 3 – Land off Atterby Lane (7.66 Acres), LN8 — £77,000 • 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 2 - 111.70 Acres Of Land At Crossholme Farm, Well Street, Bishop Norton, Market Rasen, Lincolnshire, LN8 2AZ, LN8 — £1,100,000 • 1 bed • 1 bath
Farm land for sale in Crossholme Farm, Well Street, Bishop Norton, Market Rasen, Lincolnshire, LN8 2AZ, LN8 — £3,000,000 • 1 bed • 1 bath
