Low Kiplin Farm
Great Langton, Northallerton, North Yorkshire, DL7 0SZ
Guide Price
£1,000,000
Residential Tags: N/A
Property Tags: Traditional Buildings
Land Tags: Agricultural Holdings Act, Arable Land
Summary Details
- First Marketed: Aug 2022
- Removed: Nov 2022
- Residential Tags: N/A
- Property Tags: Traditional Buildings
- Land Tags: Agricultural Holdings Act, Arable Land
A WELL EQUIPPED ARABLE FARM - SUBJECT TO AHA TENANCY
"Low Kiplin Farm is a productive arable farm situated in a rural position to the north of the popular village of Great Langton near Northallerton.
The farm comprises a 5 bedroom house, range of traditional and modern buildings, around 190 acres of predominantly arable land and is let on a secure AHA 1986 tenancy"
Well equipped and productive arable farm comprising: 5 bedroom house, range of traditional and modern buildings and 190 acres mainly arable land in a ring fence.
Let investment farm, to be sold subject to an existing Agricultural Holdings Act (1986) tenancy.
Current sole tenant been in situ for over 50 years, with no children residing or farming on the holding.
Passing rent is £9,750/annum. In our opinion this is substantially below the market rent which we believe is circa £70 to £80/acre (circa £13,000 to £15,000 per annum).
Rent Review served for review October 2022.
Traditional Buildings now classed as 'redundant'.
Possible non agricultural potential for tree planting or conversion of barns to residential use subject to consents.
Tenancy agreement states "It shall be lawful for the Landlord to resume possession at anytime of any portion of the holding not exceeding one acre in area for the purpose of building a dwellinghouse on giving the tenant three months' prior notice in writing".
Sporting and Mineral rights reserved to Landlord.
Potential for a superb long term investment.
Grade II and Grade III land.
FOR SALE BY PRIVATE TREATY - AS A WHOLE
GUIDE PRICE: OFFERS OVER £1,000,000 (£5,280/acre)
Marketed by: Cundalls, Malton
"Low Kiplin Farm is a productive arable farm situated in a rural position to the north of the popular village of Great Langton near Northallerton.
The farm comprises a 5 bedroom house, range of traditional and modern buildings, around 190 acres of predominantly arable land and is let on a secure AHA 1986 tenancy"
Well equipped and productive arable farm comprising: 5 bedroom house, range of traditional and modern buildings and 190 acres mainly arable land in a ring fence.
Let investment farm, to be sold subject to an existing Agricultural Holdings Act (1986) tenancy.
Current sole tenant been in situ for over 50 years, with no children residing or farming on the holding.
Passing rent is £9,750/annum. In our opinion this is substantially below the market rent which we believe is circa £70 to £80/acre (circa £13,000 to £15,000 per annum).
Rent Review served for review October 2022.
Traditional Buildings now classed as 'redundant'.
Possible non agricultural potential for tree planting or conversion of barns to residential use subject to consents.
Tenancy agreement states "It shall be lawful for the Landlord to resume possession at anytime of any portion of the holding not exceeding one acre in area for the purpose of building a dwellinghouse on giving the tenant three months' prior notice in writing".
Sporting and Mineral rights reserved to Landlord.
Potential for a superb long term investment.
Grade II and Grade III land.
FOR SALE BY PRIVATE TREATY - AS A WHOLE
GUIDE PRICE: OFFERS OVER £1,000,000 (£5,280/acre)
Marketed by: Cundalls, Malton
Land Registry Data
- No historical data found.