Large arable blocks will draw keen bidders

Expanding farm businesses will be keen to fight off the investment competition for two large blocks of arable land in Suffolk and West Yorkshire.

Retirement is the reason for the sale of 275 acres of Pykards Hall Farm, at Rede, to the south-west of Bury St Edmunds, through Savills‘ Cambridge office.

Soil type on this mainly Grade 2 land is Hanslope series, with the area split into five fields in a ring fence and including a small area of central woodland.

The land has been in continuous wheat in recent years and is for sale by private treaty with a guide price of £1.9m or £6909/acre. (Savills 01223 347 231)

Grade 2 land is also for sale at Linton, near Wetherby, West Yorkshire. The 92.4 acres of free-draining Aberford series soil is currently growing winter wheat, oilseed rape and potatoes.

Free draining limestone soil of this quality rarely came to the market, said Tom Whitehead, of selling agent Carter Jonas, who has set a guide price of £600,000, which is almost £6491/acre.

The land is subject to a farm business tenancy with a rent of £6000, with a notice to quit having been served for the end of the term on 30 January 2012. Its current investor owner is selling to restructure his land holding. (Carter Jonas 01423 707 801)