At 1,594 acres, the Somborne Estate, near Winchester, Hampshire, is the largest farm to be publically marketed so far in 2015.
A well-equipped, high-tech enterprise, it has been subject to significant investment since the current owner took over in 2007.
The majority of the Grade 3 land is put to arable cropping with winter wheat yields averaging just under 10t/ha, oilseed rape 4.7t/ha and oats 7.7t/ha.
Most fields have been GPS mapped and soil tested in 2014 to work in tandem with the modern machinery available as part of the sale, which includes a 2014 Lexion combine.
Two grain stores – one modern with an integrated farm office and one equipped with a grain drier and cleaner – provide a combined capacity for 5,000t and planning permission exists for an additional 1,500t of storage.
A further 550 acres of arable land is farmed by the business under a Farm Business Tenancy and a contract farming agreement with scope for these agreements to be extended.
Supplementing the arable operation is a beef finishing unit comprising three modern farm buildings which were constructed in 2003 – two 27mx 27m cattle sheds and a smaller straw shed – all suitable for rooftop solar panels.
A winter logging business using coppiced trees from the 123 acres of semi-ancient woodland provides an additional £7,000 a year income.
Savills associate director George Syrett said: “This is a commercial farm which is well managed, set up and ready to go. There’s also a good shoot so it will cross a number of markets. It’s not often that you get something of this size on the market with commercial arable land.”
A four-bedroom farmhouse was recently built with an agricultural occupancy tie covering the 17,000sq/m property. A second, four-bedroom property with no occupancy restriction is currently occupied by the farm manager, who is the only full-time employee.
Five redundant buildings positioned across two areas of the estate have residential potential, but no formal permission to convert.
The area is managed under the Woodland Grant Scheme, which expires at the end of this year and the farm is entered into Entry Level Stewardship until February 2017.
Entitlements under the BPS – of which there are 547 worth £195.40 each – are included.
The estate is offered as a whole at a guide price of £20m, or in five lots.
Savills (01962 841 842)