Ludmore Farm - Whole

Lovedean, Waterlooville, Hampshire, PO8 0SG

Guide Price

£3,000,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Feb 2022
  • Removed: Date Not Available
  • 278.81 acres

Residential Tags: N/A

Property Tags: Development Potential, Equestrian, Grain Dryer, Grain Storage, Sale By Auction, Solar Energy, Telecom mast

Land Tags: Arable Land, Pasture Land, Permanent Pasture, Woodland

Summary Details

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  • First Marketed: Feb 2022
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Development Potential, Equestrian, Grain Dryer, Grain Storage, Sale By Auction, Solar Energy, Telecom mast
  • Land Tags: Arable Land, Pasture Land, Permanent Pasture, Woodland
LOTS 1 - 8 This is a rare opportunity to acquire a farm with good size blocks of Grade 3 arable land, serviced by farm buildings, along with parcels of pasture and woodland suitable for a number of different uses, available in 8 Lots.

The Farm has convenient access directly off a number of highways, with the majority of the Lots wholly located inside the beautiful South Downs National Park.

The Farm would be suited to continued mixed agricultural use but equally presents excellent potential for exploring alternative purposes.

There is potential to revert the arable and pasture land to woodland, conservation grassland or other land types for Biodiversity Net Gain, Natural Capital, Carbon Offsetting or Rewilding purposes, subject to necessary consents.

Equally, the high demand for equestrian use offers the chance to let existing pasture or reverted arable land for grazing. The buildings in Lot 5 have good potential for re development, subject to planning permission (STPP).

A number of the Lots that are currently bare land would benefit from the erection of buildings to service the land, STPP.

The soil, topography and climate all combine to suggest a suitable terroir for viticulture. Moreover, with an existing solar park and National Grid infrastructure in close proximity, the prospect of renewable energy production is evident with much of the land being level and south facing. 

LOT 1 ARABLE AND WOODLAND 8.80 HA (21.75 AC)
A good size block of arable land with mature hedges. The woodland comprises mature mixed deciduous trees and sits above the arable land sloping to the west. The land has a historic access point off Broadway Lane in the north west corner. 

LOT 2 ARABLE, PERMANENT PASTURE AND WOODLAND COPSE 8.76 HA (21.65 AC)
A block of arable land together with a bank of permanent pasture and a woodland copse. The land has a historic access point off Old Mill Lane to the north. The arable parcel forms part of a wider field, not included within this sale. An electricity pylon sits on the pasture bank. The woodland comprises a small sloping copse with pedestrian access only off the lane. 

LOT 3 ARABLE AND WOODLAND COPSE 47.14 HA (116.49 AC)
A large Lot comprising predominantly arable land split into two large south facing parcels, currently drilled to combinable crops. The fields have multiple gated road access points. The fields are currently serviced by the buildings in Lot 5. The parcels are crossed by a number of electricity pylons and telegraph poles.

A copse of mixed woodland sits within the southern arable parcel. 

LOT 4 ARABLE AND WOODLAND COPSES 9.53 HA (23.55 AC)
A south facing arable field currently used for combinable crops. The field has direct road access off Old Mill Lane. The parcel has small copses of mixed woodland in the northern and southern corners. 

LOT 5 FARMYARD AND AGRICULTURAL BUILDINGS 0.50 HA (1.24 AC)
A range of four agricultural buildings within a large farmyard, benefitting from excellent road access off Broadway Lane with mains electricity and water available. These buildings would suit a variety of agricultural, commercial or residential uses and have significant development potential, subject to planning permission or use of permitted development rights such as Class R.

Grain Dryer: A steel portal frame building with concrete block walls. The building has an asbestos roof and cladding along with a roller shutter door. Internally, there are galvanised steel grain bins and grain drying equipment in part of the building. (402m2 / 4,326ft2).

Grain Store: A steel portal frame building comprising two bays with part concrete, part galvanised steel walls and concrete floor. The building has an asbestos roof and cladding along with two roller shutter doors, central grain drying tunnel and concrete apron. (372m2 / 4,002ft2).

Workshop: A steel portal frame building with steel profile cladding above concrete panel walls. The building has an asbestos roof and roller shutter door and is currently used as a workshop. This building is currently occupied under a short term Licence. Further details are available in the Data Room and from the Selling Agents. The building is currently occupied under a short term licence. Further details are available in the Data Room and from the Selling Agents.(156m2 / 1,679ft2).

The Yard The buildings sit within a large farmyard extending to 1.24 acres. The yard is part concrete and part hardcore.

There is a temporary shooting hut situated to the north of the buildings, which is owned by a third party and will be removed prior to completion. 

LOT 6 ARABLE LAND 28.61 HA (70.70 AC)
A good size south east facing field currently used for combinable crops. The field has direct road access off both Broadway Lane and Day Lane. The field has a number of mature parkland trees and a copse on the western boundary. This parcel is located on the outskirts of the village of Lovedean.

We understand there are high voltage electricity cables running under Lot 6. 

LOT 7 EQUESTRIAN GRAZING, ARABLE, WOODLAND AND TELECOM MAST 6.99 HA (17.27 AC)
A mixed parcel on the outskirts of Lovedean with direct road access onto Lovedean Lane. The land is predominantly arable, parallel to the lane, with a woodland copse situated on the bank and a parcel of pasture on the top bank.

The telecom mast is let out on a commercial lease to an operator and commenced in November 2002 for a 20 year term. The lease is due to expire in November 2022. The annual rent in 2002 was £5,000 with the benefit of 3 yearly rent reviews in line with the higher of RPI or an open market rent.

The area of the pasture is currently occupied for equestrian use on short term Licence. Further details are available in the Data Room and from the Selling Agents.  

LOT 8 EQUESTRIAN GRAZING AND WOODLAND COPSE 2.50 HA (6.18 AC)
A well located, sloping parcel of permanent pasture equidistant between the villages of Catherington and Lovedean. The parcel has access onto Lovedean Lane and benefits from water. The field has previously been grazed by horses for a number of years.

In addition, the mines and mineral rights on the adjacent land are included as shown hatched red on the sale plan.

Marketed by: BCM, Winchester

Land Registry Data

  • No historical data found.
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