Brockton Manor Farm, Lilleshall, Newport, Shropshire, TF10

£6,500,000 - SALE

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Brockton Manor Farm, Lilleshall, Newport, Shropshire, TF10
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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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Brockton Manor Farm, Lilleshall, Newport, Shropshire, TF10
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02074998644
Savills Rural

Description

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)

Description

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

Date posted: 10/08/17