Famington Farm, Georges Elm Lane, Bidford-on-Avon, Warks, B50 4JY

  • Ref: 31052022
  • Type: Land
  • Availability: To Let
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Property Features

  • Farm & Land close to border with Worcs.
  • Situated north east to village of Bidford-on-Avon equidistant from Stratford-upon-Avon & Evesham, approx 7 miles
  • Whole of holding is in a Surface Water Area Nitrate Vulnerable Zone

Property Summary

Exciting opportunity to rent an 148 acre farm near Bidford-on-Avon. On behalf of Warwickshire County Council, Godfrey-Payton have the pleasure of bringing to the market Famington farm which encompasses 148 acre of arable and pasture land with a detached four bedroom farmhouse and set of modern buildings.

Location:


Famington Farm is situated to the north east of the village of Bidford-on-Avon in Warwickshire close to the border with Worcestershire. Bidford is equidistant from Stratford-upon-Avon and Evesham, being approximately 7 miles respectively.

Directions:


When travelling take the A46 exiting at Bidford-on-Avon then travel east through the village turning left onto Waterloo Road following which take a right turn onto Georges Elm Lane. Famington Farm will be on the right.

Postcode for the farm: B50 4JY.

The Land:


The holding extends to approximately 148.36 acres including a farmhouse, a mixture of arable land and pasture together with woodland and a range of farm buildings.

 

The Farmhouse:


The dwelling comprises a detached two-storey, four bedroom farmhouse.

Ground Floor:


The ground floor consists of a utility, cloakroom, kitchen, larder, dining room and sitting room.

First Floor:


The first floor consists of four bedrooms and a bathroom.

Council Tax:


The farmhouse falls under tax band D - £2,051.02 (2021/22) and is payable to Stratford-on-Avon District Council. The Tenant will be required to personally reside in the farmhouse during the tenancy.

Services:


Water


Mains water is connected to the property.

Electricity


There is mains electricity to the farmhouse and buildings.

Heating


There is oil fired central heating to the farmhouse.

Storm Water


Storm drainage is to soakaways.

Telephone and Broadband


There is a telephone line connected to the farmhouse and broadband services available locally.

Foul Drainage


The farmhouse is serviced by a sewage treatment plant.

Farm Buildings:


Famington Farm has a range of modern farm buildings for livestock, arable and general purposes uses.

The buildings are well maintained and will be left clean and tidy in their current condition before occupation.

There is a schedule and plan of the buildings attached.

Ingoings:


There will be no ingoings but prospective tenants will need to demonstrate adequate capital availability to stock and farm the holding.

Dilapidations:


There will be no ingoing dilapidation payments made to the incoming Tenant.

A schedule of condition will be prepared at the commencement of the tenancy by Warwickshire County Council and agreed with the incoming Tenant.

The Tenancy:


The holding will be let as a mixed holding on a Farm Business Tenancy from 1st October 2022 for 10 years.

The Holding will be let on a full repairing basis with the tenant to reimburse the Landlord’s insurance block policy for the building structures.

The draft copy of our standard FBT is available to view on request

Capital Requirement:


There is a minimum capital requirement of £75,000 for applicants, at least 75% of which is required to be possessed by the applicant represented by either the value of live or dead stock, savings or other related assets. This is critical to the success of the application and may need to be confirmed by a bank or independent accountant.

Rent:


The rent is to be paid monthly in advance and reviewed on a three-yearly basis to Market Rent.

When submitting applications we will require applicants to submit their best rental offer for the holding. Although the rental offer will be of high importance, our consideration will also be heavily based on the strength of the applicant’s business plan for the holding.

It may assist your application to show how your rent offer was calculated, by itemising a sum for each part of the holding (e.g. farmhouse, land, buildings, spinneys etc). The Tenant will be required to meet any Stamp Duty Land Tax or any other rates that may arise.

Improvements:


Should the Tenant wish to carry out improvements to the holding, written consent will have to be obtained from the Landlord.  Any conditions attaching to the consent will have to be agreed at the time. It would be standard practise for this to include provisions relating to the compensation payable for the improvement at the end of the tenancy.

Criteria for Applicants:


All applicants should have at least five years full time practical experience in agriculture or rural business management, of which up to three years of experience in agricultural based education may be taken into account (relevant certificates will be required at the interview). Applicants should therefore currently be involved in agriculture, rural business or an allied industry.

The applicant must have a clear vision as to how the holding can be developed and diversified. To accompany the application form, applicants must include a detailed business plan (ideally a five year plan – minimum of three years) including a financial plan with proposals for investing and/or utilising all existing farm buildings. Proposals for any diversification to add value to the holding will be considered positively. A scoring criterion is included in the tender pack to indicate the weighting of each section.

Warwickshire County Council encourages proposals for sustainable agriculture, and welcomes tenants who are keen to develop new business within the local community.

The Tenant will not be permitted to assign, sublet or part with possession of any element of the holding.

Viewing Arrangements:


There will be a viewing day on Wednesday 22nd June 2022 12.00pm to 5.30pm; the farmhouse will be available to be viewed internally on this day. Viewings are strictly by appointment only and you will therefore need to book a time to view.

Please contact Nick Curnock on

01926 492511 or email nick@godfrey-payton.co.uk for further details.

The holding may not be inspected at any other time.

Full Details

Farmhouse
Comprising utility, cloakroom, kitchen, larder, dining room and sitting room. Four bedrooms and bathroom.

Council Tax
The farmhouse falls under tax band D and is payable to Stratford on Avon District Council. Tenant will be required to permanently reside in the farmhouse during the tenancy.

Services
Mains water is connected, mains electricity connected to farmhouse and buildings. Oil-fired central heating. Storm drainage is to soakaways. Telephone connected to farmhouse and broadband services available locally.

Farm Buildings
range of modern farm buildings for livestock, arable and general purpose uses.

Tenancy
The holding will be let as a mixed holding on a Farm Business tenancy from 1 October 2022 for 10 years.

Viewing Arrangements
Viewing day to be held Wednesday 22 June 2022 at 12.00 pm to 5.30pm. Viewings are strictly by appointment only. Please book appointments via Nick Curnock on 01926 492511 or email nick@godfrey-payton.co.uk. THE HOLDING MAY NOT BE INSPECTED AT ANY OTHER TIME.

APPLICATIONS
Applications should arrive no later than 1pm on Friday 15 July 2022 and should be sent in a sealed envelope as per instructions within the brochure.