18 April 1997

Cantley goes for near its £15m guide

ASYNDICATEled by property dealer Edinmore Properties paid close to the £15m guide for the 3755-acre Cantley Estate, near Norwich.

However the company bought the majority of lot one – 1318 acres at Cantley – guide price £5.5m which included a number of properties and a substantial block of arable land.

At completion 12 sub-sales were negotiated mainly with local farmer buyers for various units. "We had plenty of bids for parts of the estate but no other competitive offers for the whole," said Martin Herbert, Brown & Co, handling the sale on behalf of Royal Sun Alliance. Strutt & Parker acted for the purchaser.