Rainthorpe Farms, Reasby Hall Farm, Reasby, Lincoln, LN3

£25,000,000 - SALE

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Rainthorpe Farms, Reasby Hall Farm, Reasby, Lincoln, LN3
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Savills Rural
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Savills Rural
33, Margaret Street
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020 7499 8644
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Rainthorpe Farms, Reasby Hall Farm, Reasby, Lincoln, LN3
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020 7499 8644
Savills Rural

Description

Rainthorpe Farms, as well as being one of the largest commercial farming enterprises in Lincolnshire, is also one of the most established, having been created over a number of years.

Location

Rainthorpe Farms comprises a diverse commercial farming enterprise well serviced by extensive farm buildings and residential dwellings. It is divided into a series of farms and bare landholdings located near to a number of villages to the north and east of Lincoln City including Welton, Scothern, Snelland, Wickenby, Holton cum Beckering, Snarford and Faldingworth. The majority of the farmland is situated 7 miles to the north of Lincoln City and 23 miles from Newark to the south west.

Lincoln is a cathedral city, offering an excellent range of facilities and amenities including boutique shopping in the cathedral quarter along with a wide range of restaurants and public houses. The University of Lincoln, which was established over 22 years ago, is situated in the heart of the city.

Mainline rail facilities are available from both Newark and Grantham, offering an electric line service to London Kings Cross. The farm is also within close proximity to a number of good Grammar and private schools.

Description

HistoryY
Rainthorpe Farms has a fascinating history, with the current farm having been developed over three generations of the Rainthorpe Family, whose pioneering achievements include the strategic acquisition of farms and land parcels and a detailed investment programme of under drainage, field amalgamation to increase the scale and allow for extensive use of modern farm machinery techniques, the establishment of new grain drying and farm building facilities which even attracted the interest of the Sandringham Estate.

After being a tenant farmer at Saxby, near Lincoln, Jim Rainthorpe OBE bought West Hall Farm at Welton in 1947. By 1971 he had acquired land and holdings at nine other sites, taking the acreage close to its current size.

On Saturday 28th July 2012 Helen Rainthorpe helped set a new Guinness World Record with over 50 Case IH Quadtracs working in the same place at the same time.

Farm Cottages
The farm is well served with a series of cottages located at Scothern, Snarford and Friesthorpe. All of the cottages are currently let on residential tenancies.

The Farmyard
The farm focuses on traditional arable production systems, including cereal cropping with oilseed rape, sugar beet and potatoes (both grown by neighbouring farmers under licence), spring beans and peas. Over the years there has been a significant investment in increasing the efficiencies of the farm, including the amalgamation of field enclosures and installation
of under drainage. Some of the field enclosures are now in excess of 200 acres in size, making them very efficient for the use of modern farming machinery.

The land is shown on the MAFF land grading plans as classified as both Grades 2 and 3 (the majority being Grade 3). The Soil Survey of England & Wales describes the soil types as coming under the Elmton 1, Beccles 1 and Blackwood Soil Associations. The description of these soil types is as follows:
Elmton 1 – Jurassic limestone with shallow well drained brashy calcareous fine loamy soils over limestone. Suitable for cereals, sugar beet and potatoes.
Beccles 1 – chalky till which is slowly permeable seasonally waterlogged fine loamy over clayey soils. Suitable for winter cereals and some potatoes.
Blackwood – glacio fluvial drift which is deep permeable sandy and coarse loamy soils. Suitable for cereals, potatoes and sugar beet.

The majority of the land has been under drained in the past (drainage plans available in the Data Room) and Lot 1 has the benefit of an abstraction licence for 5,683 cubic metres from Welton Beck, which is located at the eastern end of lots 1B & 1C. Further details are available in the Data Room.

The Farm Buildings
The farm has 9,300 tonnes (excluding the bins at Snarford Farm) of grain storage, including a new on floor store which was constructed 6 years ago at Reasby Hall Farm (Lot 3) with a capacity of over 5,000 tonnes of storage.

Further on floor stores and bin storage facilities, workshop stores and implement/fertiliser buildings are located within easy access of the other major land parcels.

Woodland/ SportingG
The farms, although they are very commercial in nature, do include small areas of woodland and ponds which benefit the wildlife.

The shooting rights are let to two established shoots until the end of the 2018/19 season over land at Friesthorpe and Wickenby.

Acreage: 3204 Acres

Date posted: 27/02/18