Predominantly Grade 1 fen land close to Littleport on the Suffolk/Cambridgeshire border is for sale after the death of an Agricultural Holdings Act tenant.
The vendor, an Oxford University college, is offering the 322-acre Townmoor & Station Farms with a guide price of £2.7m – about £8,300/acre – as a whole or in two lots. Like elsewhere, there has been little for sale on the fens, and there have been price hotspots, but Adrian Wilson of Savills’ Cambridge office sees this land, which has an irrigation licence for around 65 acres, as better than average.
The farm has been growing a rotation of wheat, red beet, potatoes and beans and includes farm buildings and a three-bedroom bungalow. It is expected to generate interest not only from local farmers wanting to expand their root and veg acreages but also as a commercial investment opportunity for anyone looking to build or diversify an agricultural portfolio. (Savills 01223 347 231)
West of Cambridge, on the A1/A428 intersection, 66 acres of good- quality lighter land is coming to the market, of which 22 acres is tenanted, with the best land valued around £10,000/acre with vacant possession.
Because of its location, there is likely to be a clawback agreement in case of future development. The same firm is also looking for around £7,850/acre for a 312-acre block of heavier Grade 2 arable land, west of Bedford. With a general purpose building, Vine Farm at Wootton has a £2.45m guide. (Alexanders 01480 432 220)