DESCRIPTION
The Farm lies a short distance from the village of Wark and approximately 12 miles north of Hexham with land bordering the banks of the North Tyne River. The Farm’s location is as indicated on the Location Plan. The Farm benefits from a stone built, four-bedroom Farmhouse and is served by a good range of modern and traditional agricultural buildings.

FARMHOUSE
The stone-under-slate Farmhouse offers spacious four-bedroom accommodation. The property has undergone recent renovation works and is served by mains water, mains electricity, an oil-fired boiler and central heating and septic tank drainage.

FARM BUILDINGS
The buildings are identified on the Buildings Plan and include modern general-purpose sheds together with some traditional outbuildings. There are further buildings outlined in purple on the Buildings Plan which are included within the letting, but scheduled as redundant with neither Landlord or tenant having responsibility for repairs.

LAND
The Land extends to 54.84 hectares (135.50 acres) or thereabouts. The boundaries are generally in good condition and all enclosures have access to natural water supplies. The field numbers are identified on the Farm Plan. Under the DEFRA Agricultural Land Classification Map the land is principally classified as Grade 3. The predominant soil type is defined as ‘Soilscape 6: Free draining slightly acid and loamy soils’, with areas of ‘Soilscape 12: free draining floodplain soils’.

SUBSIDIES
This letting will not include any Basic Payment Scheme Entitlements nor any residual delinked payments. There are no existing Countryside Stewardship schemes. The incoming tenant will be encouraged to enter into agricultural schemes with Landlords permission.

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY
The holding is let subject to all existing wayleaves, easements, and rights of way.

DESIGNATIONS
The Farm and buildings are not subject to any statutory designations

ENTRY
The Land and Farm Buildings will be available from 13 May 2024 whilst entry into the Farmhouse will be delayed until 1st June 2024.

SPORTING, TIMBER, AND MINERAL RIGHTS
These rights will be reserved from the letting.

INGOINGS
The ingoing tenant will contribute £1,200 towards the negotiation and completion of the Farm Business Tenancy (FBT)

TENANCY AGREEMENT
The successful applicant will be required to enter into a FBT, the principal terms of which will be as follows:
1. Term - 15 years.
2. Rent - payable quarterly in advance (13th May, 11th August, 11th November and 11th February).
3. Rent reviews - at years 5 and 10.
4. Residency - the Tenant will be required to reside in the Farmhouse.
5. Repairs - the Landlord will be responsible for the repair and maintenance of the main walls and roofs. Other repairs and maintenance will be the responsibility of the Tenant.
6. Insurance - The Landlord will insure the buildings and fixtures, but the Tenant will be responsible for all other insurances.
7. Redundant buildings – All buildings outlined in purple on the Buildings Plan.

SERVICES
Mains electricity
Telephone and broadband
Drainage into a septic tank
Mains and natural water supplies
Oil-fired boiler & central heating
The Farmhouse has a Council Tax Band E and an EPC Rating of E.

VIEWINGS
Viewing of the Holding will be held on two viewing days, Monday 30th October 2023 and Tuesday 31st October 2023. Access to the Farmhouse will not be possible, but the property can be seen on our Matterport virtual tour. Parties should register their interest by calling Galbraith
on[use Contact Agent Button].

WHAT THREE WORDS
///brew.pages.owners

INFORMATION PACK
A more detailed Information Pack containing further plans, a draft Tenancy Agreement and a Tender Form will be available to potential applicants at no cost.

TENDERS
Persons intending to make an offer are advised to inspect the Farm, Land and Farm Buildings thoroughly and to take all relevant factors into account before submitting a formal offer. All applications should be made via the Tender Form in the Information Pack. Tenders should be submitted by 30th November 2023 and should be emailed [use Contact Agent Button] or sent in an envelope marked “Warkshaugh Tender – Private and Confidential” addressed to:
Galbraith LLP
Hexham Business Park
Burn Lane
Hexham
Northumberland
NE46 3RU

Applicants should be aware that interviews will be undertaken for shortlisted applicants only.

ANTI MONEY LAUNDERING (AML) REGUALTIONS
Please note that under the 2017 AML regulations we are legally required to carry out money laundering checks against tenants. To enable us to complete these checks tenants will need to provide along with their offer either:
a) originals of primary (e.g. a passport) and secondary (e.g. current council tax or Utility bill) or
b) copies of the same certified and dated by appropriate professional. Failure to provide this information may result in an offer not being considered

EPC Rating = E

Letting Agent Registration Number: LARN1810017