More than 1,000 acres in Northumberland hits market
The 1,033-acre Cragg Estate near West Woodburn has come to the market, offering two let stock farms and seven estate houses on the edge of Northumberland National Park.
The estate includes 796-acre Broomhope Farm, let on a FBT and Broadgate Farm, which is about 142 acres and farmed in-hand.
The land across the estate is Grade 4 and 5, predominantly Dunkeswick, Brickfield 3 and Wilcocks 3 soil series and is suitable for grazing with some arable cropping.
Both farms offer a mix of permanent pasture, rough grazing and grass leys, while Broomhope Farm also has farm buildings, a main four-bedroom farmhouse and a cottage.
Broomhope includes two cattle courts, a general-purpose shed, hay shed and further farm buildings near the Cragg. Most of it – about 519 acres – is permanent pasture, while about 130 acres are grass leys and about 137 offer rough grazing.
The farm is let under an FBT due to end in 2040, but there is a break clause that either the tenant or landlord can exercise in 2018 and 2028.
Broadgate Farm has been managed through a seasonal grazing licence and is entered into an ESHLA agreement due to end July 2020. The majority, about 69 acres, is permanent pasture and about 45 acres are rough grazing.
There is no house or agricultural buildings with the farm. SPS entitlements cover about a third of the farm and are included in the sale. The estate also includes a main four-bedroom stone house with an adjacent estate office and two-bedroom steading, plus six further cottages, which provide income through tenancies and holiday lettings.
Woodland extends to about 82 acres and the current owners have created a driven pheasant shoot, which could offer further income potential. (Strutt & Parker 01670 500 870)
The Cragg Estate, Northumberland, has two farms – one let and one on an annual grazing licence – and stretches over 1,033 acres.