Lot 1: Brockton Manor Farm comprises an impressive seven bed manor farmhouse, three further semi-detached cottages, extensive range of modern and traditional buildings and high quality arable farmland extending to 810 acres (328 hectares)
Brokton Manor Farm provides a rare opportunity to purchase a high quality commercial investment farm, part of the Bridge and Brockton Estate, in a part of the country characterised by a relatively low supply of larger farms. The Estate is available as a whole or in two lots.
LOT 1 – BROCKTON MANOR FARM
The farm is let by way of an Agricultural Holdings Act Tenancy agreement dated 17 November 1981 and qualifies for 50% Inheritance Tax relief after 7 years of ownership for an investor.The farm is let on full repairing and insuring terms.
The tenancy states that 491.77 acres constitutes a first succession and the balance of the holding is a first letting. The Vendor believes that due to subsequent surrenders approximately 124.115 ha ( 306.69 acres) now remain comprised in the area identified as a first succession. Further to the original agreement, a surrender of part of the holding has been undertaken with the current rent passing for the holding, accounting for this surrender being £77,238.
The predominantly irrigated arable farmland extending to approximately 809.67 acres (327.658 hectares).
EPC Ratings E-F
Acreage: 810 Acres