Ludmore Farm

A mixed parcel of orregular shaped land totalling approximatey 6.99 hectares (17.27 acres). 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 area of the pasture is currently occupied for equestrian use on a short term license agreement (please refer to the legal pack) (1).

The telecom mast is situated to the south east corner of the site and 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 (2).

The land offers potential for the erection of buildings to service the land, subject to obtaining the necessary consents. The site may be subject to a number of easements, wayleaves and rights of way and prospective purchasers are advised to refer to the legal pack. 

A full marketing brochure containing further information is available within the legal pack.

Location:

Ludmore Farm is situated in an idyllic spot with views to the south across the Solent and Isle of Wight. It is located on the outskirts of the village of Lovedean and less than 10 miles to the south of the town of Petersfield. 

Ludmore Farm is located close to the villages of Lovedean and Hambledon, the latter having the oldest English sparkling vineyard. The Farm is located near to the well-known Bat & Ball pub. The market town of Petersfield offers wider facilities including pubs, restaurants and shops. The transport links are excellent with the A3 close by as well as direct rail access into central London from Petersfield Station in just over an hour. The farm is situated on the edge of The South Downs National Park with a number of rights of way crossing the property, including the notable Monarch’s Way.

The field has direct road access off Lovedean Lane on its eastern side, just to the north of the village centre.

WHAT3WORDS Location - ///artist.still.placed

Online Auction on Wednesday, 16 March 2022. For further information, such as legal documents and property information, please visit bidx1.com.

Marketed by: BidX1 Commercial, London