Closeness to London is attraction for Essex farm
An Essex arable unit ideal for London commuters is on the market with Savills’ Chelmsford office.
Kemps Farm at Peldon, five miles south of Colchester, has a Grade II listed, five-bed dwelling and about 490 acres of good cereal land, said agent Tim Cooper.
“A lot of it is down to oilseed rape at the moment so you could go straight into first wheats over much of the farm.”
But its proximity to the A12 and the 50-minute train journey to London Liverpool St from nearby Marks Tey station could attract non-farmers, reckoned Mr Cooper, who has split the farm eight ways to appeal to a variety of buyers.
Overall, he has guided the property at £2.5m with the house available for £675,000.
A 2000t grain store is also lotted separately at £200,000.
“It sounds a lot but I’m finding that farm buildings are selling well to non-farmers looking for alternative uses.”
The largest block of land runs to 340 acres and is priced at £950,000 (£2800/acre).
Mr Cooper said the sale was a lifestyle decision and the vendors were planning to concentrate on another business.
Savills is also selling Netherton Farm, the Cornish home of the well-known nettle-wrapped Yarg cheese brand.
The 168-acre dairy farm, which includes a five-bed farmhouse, is on the market following the decision of Margaret and Michael Horrell, who diversified into cheese production in 1983 and developed Yarg using a 13th century Caerphilly recipe found by master cheesemaker Alan Gray, to retire from farming.
However, Yarg Cheese will continue to be produced at another farm by the Lyhner Dairies Cheese Company, of which the Horrells will remain directors, and is not part of the sale, said Penny Dart who is handling the disposal.
She has priced the farm at £1.6m as a whole.
