Company sale brings Grade 1 fenland on to the market
Two top-class arable farms – one in Lincolnshire and one in Perthshire – have entered the market.
About 395 acres of Grade 1 silt in the heart of the Lincolnshire Fens is for sale with a range of potato storage buildings.
Situated between Spalding and Holbeach, Middle Farm currently grows wheat, potatoes, cauliflowers, sugar beet and red cabbage. The farmyard has two, four-bay refrigerated boxed potato stores, a grading shed and general purpose buildings. The newest store has been fitted with a 100kW roof-mounted solar array.
James Black, associate at Savills in Lincoln, said he expected the sale to attract investment buyers and progressive farmers alike.
“It’s currently owned by a company that is now focusing on other incomes,” Mr Black said.
“It’s quite flexible because potential buyers have the opportunity to farm it themselves at the end of the current contract farming agreement in October 2016, or to start a new agreement with the contractors.”
The guide price is £6.995m, including BPS entitlements. (Savills 01522 508 933)
In Perthshire, an arable farm with a track record of producing winter wheat at 4.4t/acre and malting barley at 2.8t/acre is for sale.
Seaside Farm’s level Grade 3 land lies at less than 15ft and comprises six enclosures in a ring fence.
Located near Errol, between Dundee and Perth, the sellers erected several new buildings five years ago, including a grain store with a 400t capacity, grain handling facilities and a 14t Alvan Blanch dryer.
In total, the farm spans 268 acres, but is dissected by a former airport runway that has potential to host ground-mounted solar panels, and has 35 acres of reed beds that could derive an additional income.
It has a guide price of £1,350,000 for the whole, or in three lots. (CKD Galbraith 01786 434 600)