29 September 1995

Three options for Northants unit

INCLUDING nearly 1000 acres, potential buyers of Lodge Farm, Apethorpe, in Northamptonshire, could fall into one of three categories.

The 988 acres of mainly commercial arable land near Peterborough is large enough to be farmed in its own right, additionally with other land, or lotted up to appeal to neighbouring farmers, says Bidwells agent William Shearer, joint selling agents with Cluttons.

The guide price for the whole is in the region of £2m, and although the farm is also split into eight lots, the agents could not offer individual lot guides.

All the arable land is split into two blocks, the majority, 575 acres, is offered with the traditional farmhouse which after complete modernisation could include four bedrooms, the farm buildings and 35 acres of woodland.

With the remaining 265 arable acres are six acres of woodland and a fishing/duck flighting lake.

Two cottages (3-bed), currently occupied on assured shorthold tenancies are also available separately. Additional sporting rights are owned over an adjacent 611 acres which the agents have split into two lots of 225 and 386 acres.

"With the turnover of arable land limited this year in Northamptonshire, Lodge Farm is likely to interest the commercial farmer," says James Gloag of Cluttons in York.

&#8226 In the same county, but nearer to the town of Banbury, agents Clayson Haselwood, recently sold 52 acres of mainly arable land at auction for a figure of £170,000 (£3218/acre).