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43.36 acres, Quethiock, Liskeard, PL14, Cornwall
To Let - £1

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DEADLINE FOR RECEIPT OF TENDERS IS 12 NOON ON FRIDAY 11TH APRIL 2025.

Approximately 43.36 acres of arable land and temporary pasture, to let as a whole. To let on a three year Farm Business Tenancy (subject to contract) commencing from late April 2025.

LAND
The land comprises 43.36 acres (17.55 ha) divided into seven fields and consisting of arable land and temporary pasture. A plan of the holding is available from the agents.

The land is classified as being Grade 2 and 3 according to DEFRA’s Agricultural Land Classification Map.

The landlord is open to proposals which involve using the land for arable or vegetable production, subject to obtaining all necessary consents in respect of any pastureland. Applicants are responsible for conducting their own enquiries in this regard.

METHOD OF LETTING & TERMS OF THE TENANCY
The land is offered to let by tender as a whole or in two lots. The land is offered subject to contract on a new three year Farm Business Tenancy agreement, commencing from late April 2025 until the 31st March 2028.

The rent will be payable in equal instalments on the 17th day of each month in advance by direct debit. The Landlord reserves the right to vary the area of land prior to the signing of the Tenancy, subject to a pro-rata adjustment in the tendered rent.

A draft of the proposed Tenancy Agreement and plans will be available (subject to contract) for inspection from the agents.

Applicants for the tenancy shall be deemed to have read and accepted the terms of the proposed Tenancy Agreement and the successful applicant will be required to sign formal Heads of Terms within 14 days of acceptance of their tender and the Tenancy Agreement prior to entry.

TENDER APPLICATION & FEE CONTRIBUTION
The deadline for tenders is 12 noon on Friday 11th April 2025. Tender forms are available from the agents.

Any tenders should be submitted electronically to George Olver or Chris Anderson of Carter Jonas.

In addition to the agreed rent, the incoming Tenant will be liable to pay £500 (+VAT) per tenancy agreement, as a contribution towards the Landlord’s costs.

After receiving the tenders, a shortlist of applicants will be drawn up and all applicants will be informed as to whether their names have been shortlisted.

The Landlord’s Agent reserves the right to visit shortlisted applicants on their present holding, following which references may be taken up as necessary and a decision will then be made as to the successful applicant. The successful applicant will be informed of the decision as soon as possible and will then be required to sign the tenancy agreement within 14 days of acceptance.

The highest or any other tender will not necessarily be accepted, it is entirely at the landlord’s discretion.

The landlord reserves the right to remove the land from the market and to not accept any of the tenders.

VAT
No VAT is currently payable on the rent itself, but the Landlord reserves the right to charge VAT should the option to tax be elected.

PART RESUMPTION
The Landlord will have the right to recover 15% of the holding in each year of the term by serving 12 months’ notice of their intention to do so.

ASSIGNMENT
The tenant will not be permitted to assign, underlet or part with/share possession of the whole or any part of the interest, without written consent from the Landlord.

SPORTING RIGHTS
All sporting rights are reserved by the Landlord.

INGOINGS
There will be no ingoing valuation payment required from the successful applicant; however, a record of condition will be prepared prior to the tenancy commencement date to document the state and condition of the property.

The hedges have been trimmed recently and the successful applicant will be required to trim all hedges during the final month of the tenancy.

Should any pastures be broken during the tenancy, the successful applicant must produce a soil management plan upon request to protect the Landlord’s soils from erosion.

Additionally, before the final year of the tenancy, the tenant must agree with the landlord on a final cropping plan, ensuring that each field is either returned to a good-quality long-term ley or sown with an agreed arable crop or green cover crop.

Applicants should consider these responsibilities and the associated costs when preparing their tender.

REPAIRING & INSURING OBLIGATIONS
The Tenant will be responsible for the maintenance of the land (in particular trimming hedges, repair of gates/fences, and all field cultivations) and for insuring their own stock.

The Tenant will be responsible to put and keep the holding in good agricultural condition, as evidenced by a photographic record of condition which will be produced prior to the commencement date of the tenancy.

Within the first three months of the tenancy, the Tenant shall provide a full soil analysis at their cost to the Landlord and will ensure existing fertility and PH levels are maintained or enhanced during the tenancy. A corresponding soil analysis report shall be produced by the Tenant (at their expense) within three months of the end of the tenancy.

IMPROVEMENTS
If the incoming Tenant wishes to carry out improvements at their own expense, the Landlord’s written permission will be required. The conditions of such permission being a matter of discussion at the time.

ENVIRONMENTAL SCHEMES
The Tenant shall not enter the land into any subsidy or grant scheme without the landlord’s prior written consent.

DESIGNATIONS
None or note.

SERVICES
Prospective applicants must satisfy themselves to the availability and suitability of the water supply as part of their tender application.

WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The land on the eastern side of the road is subject to a public footpath and the land on the western side is subject to a bridleway. More detailed information can be found on the Cornwall Council interactive mapping system.

VIEWINGS
Potential tenants wishing to view the land should contact Carter Jonas in the first instance, but may view unaccompanied, on foot and during daylight hours only.

DIRECTIONS
From Liskeard, proceed east along the A390 in the direction of Callington and Tavistock. Continue on this road for approximately 3.5 miles, passing through Merrymeet and into the village of St Ive. After passing the church on your left, turn right at the crossroad signposted Quethiock. Proceed along this road, keeping right where necessary and after approximately 1 mile, the land will be found on both your right and left-hand sides, where ‘to let’ boards have been erected.

WHAT3WORDS
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TRURO OFFICE
Contact George Olver for more information.