Land at Street Farm (Lot 1), Earl Soham, Woodbridge, Suffolk, IP13

£1,000,000 - SALE

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Land at Street Farm (Lot 1), Earl Soham, Woodbridge, Suffolk, IP13
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Savills Rural
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Savills Rural
33, Margaret Street
London
Greater London
W1G 0JD
United Kingdom
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Land at Street Farm (Lot 1), Earl Soham, Woodbridge, Suffolk, IP13
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Telephone number
02074998644
Savills Rural

Description

Attractive farmland investment in a popular part of Suffolk

Location

The land is situated just to the south of the rural village of Earl Soham. The village, with a population of just under 500, benefits from, amongst other things, a small shop, a public house, a village hall, an impressive 12th Century church and a popular primary school.

The majority of the land is accessible directly from the public highway to the west, known as Brandeston Road, and partly from Church Lane to the north east.

Description

The land amounts to approximately 117.9 acres of predominantly agricultural land with some small areas of pasture and woodland. Access is provided at a number of locations directly from the public highway.

The land is classified as Grade 3 on the Agricultural Land Classification map, the soil being predominantly of the Hanslope Series; a calcareous clayey soil suitable for the growing of winter cereals and other arable crops. The land is understood to be largely drained.

The majority of the land is tenanted until 31st October 2017. The tenancy may be terminated earlier than this date with an ingoing valuation being prepared to appropriately compensate the tenant. Please refer to the Vendors agent.

The Vendors wish to retain a right of overage on the land hatched blue on the sale plan to reflect any future increase in the value of the property resulting from the subsequent granting of beneficial planning consents. The Vendor will be entitled to 20% of any up lift in value on the holding over the next 15 years arising from future development consents.

Acreage: 117.89 Acres

Directions

Entering the village of Earl Soham from Pettaugh on the A1120,
take the right hand turn in the village onto Brandeston Road.

The land can be seen on the eastern side of the road after about half a mile.

Date posted: 10/08/17