14 April 1995

Substantial chunk of Hants offered

DUE to a consolidation of current farming practices, a large block of commercial farmland in Hampshire is available.

Originally owned by the Refuge Insurance Company, the current owners, a private farming company, took possession of the 857.82 acre Silkstead Farm, Silkstead, near Winchester, about four years ago.

The mainly Grade 3 land lies in three blocks, making it ideal for lotting up, maintains Winchester-based Hume Jones of selling agents James Harris. The whole farm is offered in five lots at a guide price of £1.5m with the bare land valued at around £1500/acre.

"This valuation might be regarded as conservative in todays climate, but at the end of the day market forces will determine the final sale price," says Mr Jones.

Lot one includes the four bedroomed agriculturally tied modern farmhouse, traditional farm buildings and 334.40 acres, including 15.68 acres of broad-leaved woodland.

The second lot also offers a self-contained unit with a bungalow, modern dairy farm buildings, which were last used in 1993, and nearly 300 acres of land of which 232.14 acres are eligible for arable area aid.

The remaining land is offered without any accommodation, although it is adjacent to the cottages forming lots four and five.

On the Hampshire/Sussex borders the sale has been agreed around the £2m guide for the 850-acre arable unit Cowdown Farm between Petersfield and Chichester.

Including a farmhouse, two further dwellings and 85 acres of woodland, agent Hume Jones says the interest was primarily farmer led.