Land for sale
Sculthorpe, Fakenham, Norfolk, NR21 9NF
Guide Price
£1,000,000
Residential Tags: N/A
Property Tags: Company Tenancy
Land Tags: Arable Land, Irrigation, Woodland
Summary Details
- First Marketed: Jul 2021
- Removed: Date Not Available
- Residential Tags: N/A
- Property Tags: Company Tenancy
- Land Tags: Arable Land, Irrigation, Woodland
A truly rare investment opportunity to acquire a productive arable and amenity farm subject to a tenancy in the heart of north Norfolk
Description
Grove Farm occupies an attractive scenic location near the village of South Creake to the north west of Fakenham and due south of the picturesque village of Burnham Market. The farm is part of the historic Holkham Estate and extends to approximately 248.6 acres (100.6hectares). It is offered subject to an existing Company Tenancy with 2.68 acres (1.085 hectares) of amenity woodland offered with Vacant Possession. The passing rent for the land is a total of £16,000 per annum and provides an exceptional investment opportunity in an area where land rarely comes to the market and is much sought after.
The land is farmed by a well-known neighboring farming family. They are able to irrigate the land from their own water abstraction license. As such, high yielding root crops can be grown on the land.
FARMLAND
The arable land at Grove Farm extends to approximately 189 acres (76.49 hectares) and comprises of five easily accessible arable fields that are well suited to modern machinery. The land is classified as Grade 3 with the a majority of the soils being of the Fincham soil series which is described as loamy, sandy and clayey; non-calcareous and chalky till. The land is versatile and capable of growing potatoes and onions as well as conventional high yielding cereal crops such as wheat and barley constituting the rotation on the farm.
Acreage: 248.6 Acres
Marketed by: Savills, Norwich
Description
Grove Farm occupies an attractive scenic location near the village of South Creake to the north west of Fakenham and due south of the picturesque village of Burnham Market. The farm is part of the historic Holkham Estate and extends to approximately 248.6 acres (100.6hectares). It is offered subject to an existing Company Tenancy with 2.68 acres (1.085 hectares) of amenity woodland offered with Vacant Possession. The passing rent for the land is a total of £16,000 per annum and provides an exceptional investment opportunity in an area where land rarely comes to the market and is much sought after.
The land is farmed by a well-known neighboring farming family. They are able to irrigate the land from their own water abstraction license. As such, high yielding root crops can be grown on the land.
FARMLAND
The arable land at Grove Farm extends to approximately 189 acres (76.49 hectares) and comprises of five easily accessible arable fields that are well suited to modern machinery. The land is classified as Grade 3 with the a majority of the soils being of the Fincham soil series which is described as loamy, sandy and clayey; non-calcareous and chalky till. The land is versatile and capable of growing potatoes and onions as well as conventional high yielding cereal crops such as wheat and barley constituting the rotation on the farm.
Acreage: 248.6 Acres
Marketed by: Savills, Norwich
Land Registry Data
- No historical data found.