Well-draining 20.40-acre arable parcel with farm tenancy until October 2026.
20.40 acres freehold arable land, Grades 2 and 3 soils
Lot 2 is a substantial 20.40-acre freehold arable field located just east of the A15 near Atterby, approximately 15 miles north of Lincoln. The land is free-draining, classified as Grade 2/3 and lies on fine loamy soils favourable for cereals, sugar beet and potatoes. It sits within the Aswarby Soil Association and a Nitrate Vulnerable Zone.
The parcel is sold subject to a Farm Business Tenancy which ends on 6 October 2026; current annual rent is £11,030 and vacant possession may be negotiated earlier. There are no mains services or irrigation rights included, and a general drainage charge payable to the Environment Agency applies.
Practical considerations for buyers include existing rights of way, wayleaves and easements affecting the wider holding, and the absence of confirmed services on site. Lots 3 and 4 attract a 25-year development overage (25% of uplift) if residential planning permission is implemented. This lot offers immediate agricultural use or medium-term investment potential once tenancy and planning matters are resolved.