LET SUBJECT TO CONTRACT – APPROXIMATELY 105 ACRES/42 HECTARES TO LET ON A FIVE YEAR FARM BUSINESS TENANCY

TENDER DEADLINE

THURSDAY, 27th SEPTEMBER 2018 AT 12 NOON

GENERAL DESCRIPTION

A block of permanent pasture, rough grazing and woodland adjoining a minor public road and located about 2 miles (3 km) to the south-west of Llangammarch Wells, 10 miles (16 km) from Builth Wells and 14 miles (24 km) from Llandovery.   The land forms part of the Cefndyrys Estate and was let to the late Mr Edwin Williams, whose family has farmed it for many years.  The boundaries of the land are outlined in red on the attached plan.

As well as its value for grazing and for the cutting of silage and hay, the land due to its unimproved and semi-improved nature is also considered to have significant potential for entry into an agri-environment scheme.

About 103 acres (42 ha) of additional land is available for sale by separate negotiation. It includes about 78 acres of gently to moderately sloping permanent pasture, some of which is either unimproved or semi-improved, and about 25 acres of grazed ancient woodland.  Further details can be obtained from Chester Master Ltd.

MINISTRY OF DEFENCE LICENCE AND HEFTED FLOCK

The land to let includes the potentially valuable and rare opportunity to apply for a grazing licence off the Ministry of Defence (MOD) upon the traditional Cefnbrith sheepwalk on the adjoining Eppynt Range; please contact the MOD for further details (Tel: 01874 613881).  Eligibility for the grazing licence off the MOD is also subject to the acquisition of the hefted sheep flock from the Williams family, further details of which can be obtained from their agents at Brightwells (Tel: 01982 553614).  It will be a condition of any new tenancy that at its termination the landlord will have the option to buy the hefted flock at market value.

Applicants for the tenancy who are also interested in the potential opportunity to take a grazing licence upon the Eppynt are therefore strongly encouraged to make enquiries with the MOD and Brightwells at the earliest opportunity.  We have also been advised by  Brightwells that they will be holding on behalf of the Williams family a farm dispersal sale at Cefnbrith on Monday, 1st October (please contact Brightwells for further details).

WATER

Water for livestock is provided by a number of natural springs and streams.

ACCESS

The land is accessed via a number of gateways directly off the minor road and through the farmyard.  Please note that the Landlord will reserve the right to alter the access via the farmyard with reasonable written notice. There is also direct access onto the MOD’s Eppynt Range at the land’s southernmost point.

PUBLIC RIGHTS OF WAY

A public bridleway runs from the adjoining minor road via the farmyard towards Esgair Annell.

PRIVATE RIGHTS OF WAY

An access road to adjoining third party property runs through field no. 9171.

BUILDINGS

The farmyard and farm buildings are not proposed for inclusion within the tenancy, but may be made available by separate negotiation.

WAYLEAVES & EASEMENTS

The Landlord will retain any wayleave and easement payments.

SPORTING,TIMBER AND MINERAL RIGHTS

All sporting, timber and minerals rights are reserved to the Landlord.

TENANCY AGREEMENT

The land is to be let as a whole on a five year Farm Business Tenancy (subject to contract), with rent to be paid half yearly in advance.  The tenancy of the late Mr Williams formally expires on 25th March 2019, but his representatives have informed us that they would be willing to consider an earlier termination to allow a new tenancy to commence at an earlier date (which would also be the landlord’s preference).

A draft tenancy agreement can be provided on request by email.  Alternatively, a copy can be viewed by prior arrangement at Chester Master Ltd’s office.

VIEWING

Viewing of the property is strictly by prior arrangement via the letting agent. The letting agent advises all prospective tenants when viewing the property to take due care.

PLANS

The attached boundary plan is for indicative purposes only.

INFORMAL TENDER

The land is offered to let in one lot by Informal Tender. The vendor does not bind himself to accept the highest or any offer.  Tenders are to be received in writing at the Selling Agent’s office on the prepared Tender Form no later than 12 noon on Thursday, 27th September 2018.  A Tender Form can be provided on request.

BASIC PAYMENT SCHEME

No entitlements to the Basic Payment Scheme are available from the landlord.  Enquiries regarding the availability of the late tenant’s entitlements will be forwarded to his representatives on request.  We understand that the total area of eligible permanent pasture on the land registered with the Welsh Government for Basic Payment Scheme purposes is 35.05 ha (subject to Welsh Government confirmation).

FIELD SCHEDULE

FIELD NO. DESCRIPTION ACRES HECTARES
9171 Permanent Pasture & Woodland 5.61 2.27
7149 Permanent Pasture 8.30 3.36
5730 Permanent Pasture 4.92 1.99
7220 Permanent Pasture 1.95 0.79
7429 Permanent Pasture 4.97 2.01
8117 Permanent Pasture 1.98 0.80
8728 Grazed Woodland 9.59 3.88
8606 Permanent Pasture 6.03 2.44
9797 Permanent Pasture & Rough Grazing 13.71 5.55
8079 Permanent Pasture 5.66 2.29
9875 Permanent Pasture & Rough Grazing 16.38 6.63
0553 Permanent Pasture & Rough Grazing 25.43 10.29
TOTAL 104.53 42.30

The above areas have been taken from details registered with the Welsh Government.

IMPORTANT NOTICE

Chester Master Ltd and their clients give notice that:

a)   They have no authority to give representations or warranties in relation to the property.

b)   These particulars are set out as a general outline only for the guidance of prospective tenants and do not constitute part of an offer or contract.

c)   No letting of the property or part of it is chargeable for the purposes of VAT, but should this position change any such tax will be payable by the tenant.

d)   All descriptions, plans, areas, measurements, times, references to condition and occupation and other details are given in good faith and are believed to be correct, but prospective tenants should not rely upon them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their correctness. The photographs show only certain parts of the property as they appeared at the time they were taken (June and August 2018).