A good commercial arable farm with 718 aces of mainly Grade 2 land comes to the market in Cambridgeshire next week.
Just seven miles from Cambridge, Great Wilbraham Hall has a thatched five-bedroom farmhouse, four cottages and extensive well-maintained modern farm buildings, which sit centrally.
About 658 acres is arable, while there is 27 acres of woodland. The soils here are mainly Newmarket and Swaffham Prior Associations – well-drained calcareous loams over chalk. Recent cropping includes wheat, barley, oilseed rape and pulses, while sugar beet has been grown since 2011 on a 2,308t contract, which can be transferred to the buyer with British Sugar approval.
“The market is short of this size of farm,” said Brown & Co’s Robert Fairey. An overall guide price of £8.25m puts the land in at £8,500/acre but Brown & Co is also offering the holding in two lots. The main lot is just over 615 acres and includes the farmhouse, four cottages and the farm buildings.
There is capacity for up to 1,000t in the 1990s grain store while there are also general storage buildings, a workshop, machinery store, farm office and a mobile home for harvest workers.
The four cottages all have three bedrooms and while one is occupied by the farm manager, the other three are let on assured shorthold tenancy agreements.
A borehole close to the farm buildings has an abstraction licence for 800cu m of water a year. The farm has a well-established pheasant and partridge shoot, which has been improved by tree and shelter belt planting since the 1990s.
The second lot is just over 103 acres of land in one field south of the A11. This lies close to a Camgrain store and has a guide price of £875,000.
The farm’s entry level scheme runs to 31 March 2016 while a Woodland Grant Scheme covers about 18 acres until 2021. Single farm payment entitlements will be transferred to the buyer. (Brown & Co 01284 731 450)
Land values steady on low volumes