Prime Norfolk fen farm offers sizeable investment

A single block of more than 1,600 acres of Grade 1 farmland in Norfolk with large abstraction licences and three properties will appeal to arable growers, specialist croppers and investors.

Nordelph Farm, near Downham Market, is on Upwell Fen and consists of 1,623 acres, of which 1,585 acres are croppable. The land is level and suitable for a wide variety of cereal, root and vegetable crops, with regular-shaped fields averaging nearly 60 acres.

“With the continuing demand for well-equipped large-scale arable units from investors and farmers alike, Nordelph is likely to attract interest from a broad spectrum of potential buyers,” said Charlie Evans, partner at Strutt & Parker.

The farm has a reservoir with a winter-fill licence for 15m gallons, and a second licence for a further 60m gallons of winter abstraction to a reservoir still to be built.

The largest dwelling, Woodhouse farmhouse, has three bedrooms but is in need of complete refurbishment. A pair of semi-detached cottages is rented out.

There are two main areas of buildings that provide 3,200t of grain storage, 1,300t of refrigerated box potato storage, a grading shed, equipment storage, potato chitting shed and a traditional livestock building. The farm is readily accessible from roads and a network of internal farm tracks.

The farm grows wheat, potatoes, sugar beet, peas, oilseed rape and field vegetables. Last year’s yields were 11.2t/ha for wheat, 4.75t/ha for combinable peas, and 4.34t/ha for oilseed rape.

The farmland is currently contract farmed, but the agreement can be terminated on 30 September 2014 subject to six months’ notice.

A farm business tenancy growing potatoes also exists on 96-99ha, which runs until 2015. A further seven acres is subject to an overage clause. About 633 SPS entitlements are included in the sale, as is a British Sugar contract for 6,941t.

Nordelph Farm has a guide price of £15.75m.

Strutt & Parker 020 7318 5172

(More on the East Anglia land market)