Eastern counties commercial farms coming to market

Two substantial blocks of Grade 2 land in the eastern counties offering good commercial prospects are expected to attract strong interest.

Local arable farmers in north Lincolnshire are likely to face stiff competition from those further afield for Leam House Farm, a 286-acre unit near Crowle.

Due for launch in the next couple of weeks, the highly productive land, with Blacktoft series silty alluvial soil, lies in a single block with a central access track.

It has recently been cropped with cereals and oilseeds and is also suitable for sugar beet and potatoes, according to James Walton of agent Brown & Co.

“I expect Leam House Farm to attract interest locally and nationally from farmers and investors alike,” he said. “The farm offers an excellent opportunity which could be added to a nearby holding or operated as a stand-alone unit,” he said.

The sale includes a dilapidated five-bedroom house, brick buildings and a grain store. Single payment entitlements are included with offers of more than £3m sought. (Brown & Co 01652 654 833)

Hawkes Farm, near Bury St Edmunds in Suffolk, consists of 140 acres of chalky boulder clay plus a good three-bedroom farmhouse, a serviceable grain store and a general-purpose building.

Adrian Wilson of Savills said: “Hawkes Farm consists of a single field, which makes it a bit different. The soil is mainly Grade 2 and will suit winter cereals and sugar beet.”

The vendor is willing to retain the house, buildings and a small area of surrounding land and grant the necessary rights of ways, he added.

The land is valued at £10,000-11,000/acre within an overall guide price in excess of £2m. SFP entitlements are included. (Savills 01223 347 231)