The Property is available in 2 lots.
Lot 1:
Approximately 68.65 hectares (169.64 acres) of agricultural land (surface interest only) in arable production. Please note, the underlying minerals form part of Lot 2.
Lot 2:
A greenfield mineral site with sand and gravel extraction yet to commence. The site contains an estimated total reserve of 2.1 million tonnes of sand and gravel with planning permission for extraction,confined to the areas shaded purple and edged red on Sale Plan 2.
In addition, Lot 2 includes the mineral rights within the area shaded green where up to 17.5 million tonnes (gross) of unpermitted sand and gravel is estimated to occur. This resource may offer potential for future extraction, subject to planning.
Please note, the mineral offered in Lot 2 is held under mineral leases that will require assignment to the purchaser.
For details of the Sale Plans please view attached brochure
( Agency Pilot Software Ref: 14112648 )
Location
Cromwell Quarry is situated to the east of the village of Cromwell immediately east of the A1, approximately 7.5 kilometres to the north of Newark.
Access to the mineral site is gained off the A1, via an existing access road that serves the neighbouring former Lafarge quarry.
Terms
For a more detailed view of shaded areas & sale plans please view attached brochure
Town & Country Planning - The areas shaded purple and edged red within Lot 2 benefit from an extant planning permission ref: 3/03/2626-CMA granting mineral extraction operations for a period of 12 years from the date of commencement. The development is yet to commence and must be done so before 20th April 2014. The site’s approved restoration scheme comprises water areas for nature conservation. All restoration and aftercare obligations will transfer to the purchaser.
For a more detailed view of Tenure, Possession & Access please view attached brochure
Easements & Other Rights - The interest in the property is sold subject to and with the benefit of all public and private rights of way, wayleaves and easements whether or not specifically mentioned.
Method of Sale - The property is for sale by informal tender. Formal, written bids are to be received by Carter Jonas no later than 4:30 pm on 30th April 2013. The vendor has the right to accept an offer or remove the property from sale before this date.
Services - No known connection to mains services.
Local Authority - Nottinghamshire County Council, Planning Service, Trent Bridge House, Fox Road, West Bridgford, Nottingham, NG2 6BJ - T: 0300 500 8080
Further Information - An online data room containing site plans, planning permissions and other information to assist a possible purchaser will be made available from Carter Jonas on request, subject to terms of a Confidentiality Agreement.
Specification
- Mineral - Sand & Gravel
- Operational Status - Greenfield Mineral Site
- Tenure - Part freehold and part leasehold
- Reserves - Estimated 2.1 million tonnes (permitted), Estimated 17.5 million tonnes (gross) (unpermitted resource)
- Planning - Mineral permitted extraction until 12 years from commencement of operations