Farms, Estates & Land for sale in Willows Farm, Edgeworth, Bolton, Lancashire -

An agricultural investment opportunity on the outskirts of the attractive Edgworth village Willows Farm, owned by the National Children’s Home, has been leased to the Mercer family since 1974.

As part of a portfolio restructuring, this farm is being offered for sale as a whole, subject to tenancy.

The 191 acre tenanted dairy farm comprises a four bedroom farmhouse, traditional and modern farm buildings, a disused quarry, and 180 acres of pasture.

Willows Farmhouse (1)

A four bedroom farmhouse in need of modernisation comprising, a porch, sitting room, dining room, kitchen, bathroom, two double bedrooms and two single bedrooms. Outside, a range of

stone sheds, used for fuel and general storage. Mains water and electricity. Drainage is to a septic tank.

Farm Buildings

Cubicle House (2)

36m (120’0) x 24.4m (80’0)

Steel portal framed incorporating 120 cubicles.

GP CPF (3)

18.3m (60’0) x 9.1m (30’0)

concrete portal framed building, with 60’ x 20’ (18.3m x 6m) extension.

Silage clamp (5)

24.4m (80’0) x 18.3m (60’0)

clamp for 1,400t.

Parlour (6)

20.4m (67’0) x 8.83m (29’0)

stone barn incorporating a 12/12 herringbone parlour.

Dairy (7)

8.2m (27’0) x 6.1m (20’0) concrete block and asbestos roof.

Slurry Lagoon (8)

General Information

Services

Mains water and electricity to residential properties and buildings, with sewerage to private drainage.

Rights of Way, Easements

& Wayleaves

The property is sold subject to and with the benefits of all rights including rights of way, whether

public or private, light, support, drainage, water, and electricity supplies other rights and

obligations, easements, quasieasements and restrictive covenants, all existing and proposed wayleaves for masts, pylons, stays, cables, drainage, water, gas and other pipeswhether referred to or not in these particulars.

Subsidies & Grants

Registered for SPS. Entitlements to the Single Payment Scheme are not included in the sale.

Quotas

538,000 litres. The landlord’s proportion of the 400,000 litre allocated quota has not been calculated.

Tenants Improvements

The following items are tenants improvements;

i) 120 cubicles, concrete floor, gates and block work within the cubicle house,

ii) a 4.8m extension to the southern end of building 3, shown as building 4 on the attached plan,

iii) the silage clamp, slurry lagoon and the dairy,

iv) the 12/12 herringbone parlour.

Sporting Rights

Owned and not subject to tenancy. They have not been exercised in recent years.

Timber

There are no TPO’s or grant schemes in place.

Minerals

Mineral rights are included in the sale.

Sale Conditions

The purchasers will be required to enter into a covenant obliging the purchases and their successors to title to pay the vendor an overage sum equal to 50% of the uplift in the value of the land for the next 25 years (such an uplift being the difference between the market value of the land immediately prior to a “Trigger Event” and the market value immediately after the “Trigger Event”). The “Trigger Event” includes the following:

a) The grant of planning permission for purposes other than agricultural or equestrian

b) The issue of a Section 191 Certificate (Certificate of lawful use)

c) The issue of a Section 192 Certificate (Certificate of proposed lawful use)

The overage will be secured by a legal charge of the land in favour of the vendor.

Tenure

Willows Farm is subject to an Agricultural Holdings Act 1986 tenancy. The current tenant is the

first generation tenant. His 31 year old son farms on the holding. The current rent is £7,700 pa, reviewed 2nd February, 1998.

VAT

The land is not Opted to Tax.

Method of Sale

Willows Farm is offered for sale by Private Treaty as a whole.

Boundaries

The purchaser will be deemed to have full knowledge of the boundaries and areas and any mistake or error shall not annul the sale nor entitle any party to compensation in respect thereof.

Should any dispute arise as to the boundaries or any points that arise on the general remarks,

stipulations, particulars, schedules, plans or the interpretation of any of them questions shall be referred to the Selling Agent, whose decision, acting as Expert, shall be final.

Guide Price

See covering letter.

Directions

From South: Leave the A676 Bolton to Ramnbottom road at the Bulls Head Inn, and follow the

signs for Edgworth. At the crossroads in Edgworth, turn right (sign posted to Blackburn) on

Broadhead Road, enter the hamlet of Crowthorn, and then take the next left into Moorside Road.

Willows Farm is situated 200m on the left.

From North: Leave the M65 at J5, and follow the A6177 south towards Haslingden. At the Grey

Mare Inn on your left, turn right onto Jacksons Height Road, and follow this road until you reach the old Crowthorn School. Turn right into Moorside Road. Willows Farm is situated 200m on the left.

Viewing

Strictly by appointment through the sole selling Agents, Smiths Gore.

t 01772 663120; or

e tim.barling@smithsgore.co.uk.

Date of Information

Particulars prepared: July 2008

Photographs taken: May 2007 and May 2008

property reference: SGPR999000219