Leics tenancy available

18 August 2000

Leics tenancy available

A COMPANY tenancy on 203 acres is for sale guided at offers in excess of £450,000.

Groby Farms is the tenant at Old Hall, Groby, near Leicester, and the current rent passing is £12,577/year.

The farm includes a five-bedroom farmhouse and a two-bedroom farm cottage, which is let on an assured shorthold tenancy for £230/month. A range of traditional farm buildings offer some grain storage facilities and a two storey barn.

Most of the land, 161 acres, which is classified grade 3 is eligible for arable area aid and the current cropping is based on a winter wheat, winter beans and oilseed rape rotation.

Andrew Granger & Co are handling the sale.