Land for sale

Lot 1: Land at Wingfield, Eye, Suffolk

Sold STC 268.8 ac. | £2,260,000

Property Description

Commercial information

  • 268.8 acres (108.8 hectares)

Key features

  • Arable land in five enclosures
  • Abstraction licence

Full description

Tenure: Freehold

Preamble

It is our pleasure to offer for sale the principle lands surrounding Castle Farm, Wingfield, in Suffolk.

Castle Farm, Wingfield is a historic estate. The farm passed through many landowners before being owned by the Adair family for the first half of the 20th Century. The Adair family also owned the Manorship of Wingfield at that time.

In the 1960's the land and Castle Farm was acquired by a local farmer and landowner who concentrated on his prize winning herd of Friesian Cows. This use has very much helped the lands inherent soil fertility.

In 2000 the farm was acquired by the current owners, a local farming family. Since then, the farm has undergone a comprehensive scheme of improvements including land drainage, soil structure and the installation of an undergrounded irrigation supply. The owners have also subsequently acquired smaller but strategically important additional blocks of land to complete the offer.

These improvements, combined with the farms inherent qualities of flexible field size and soil fertility make for a truly outstanding commercial arable unit. The current owners have taken the decision to sell to allow them to continue with a scheme of reinvestment in other enterprises.

The Land

The Whole 416.69ac (168.63ha)

The arable land is farmed in six enclosures and is both capable of, and has consistently produced outstanding yields.* The farmland benefits from a 6 inch irrigation main providing the capacity to irrigate all six arable enclosures. The land supports a wide variety of arable and herb crops and is gently undulating.

The soil type is Beccles 3, which is a mixture of the Ashley and Hanslope soil series and is described as slowly permeable, seasonally waterlogged, fine loamy over clayey soils and similar soils with only slight seasonal waterlogging. The land benefits from a comprehensive scheme of underdrainage.*

The external and internal boundaries are formed by a mixture of hedges, ditches and roads.

Lot 1 268.85ac (108.80ha)

An exceptional block of arable farmland, comprised of five enclosures. It can be accessed off either Vicarage Road along its east side, or from Syleham Hall Lane along the north and west. A further access point could be created if Lot 3 is also acquired, onto Vicarage Road along the southern boundary.

The borehole abstraction point is located centrally, with a reservoir in close proximity to the borehole, measuring 50m x 50m at its widest points. Water is pumped from the borehole to the reservoir and then separately pumped from the reservoir into the irrigation main.

There is a small area of woodland, ponds, two footpaths and a track.

Lot 2 144.13ac (58.33ha)

Farmed in one enclosure, this is a highly productive block of farmland. The land benefits from the continuation of the 6 inch irrigation main, although if this use is to continue, the land will need to be acquired as a whole, or a legally binding agreement reached between differing purchasers; and the present route for the irrigation main would need to be repositioned to cross through Lot 3, underneath Vicarage Road and then connected to the existing system opposite the entrance to Castle Farm, Wingfield (approximately 250 metres in length).

Purchasers will be permitted a 12 month period in which to re-lay the irrigation main. If agreement cannot be reached, then the irrigation main will be capped off on Lot 1.

Access can be obtained along the north, west and south sides. There is a small area of woodland, two ponds, and two footpaths.

A mains water connection point is located along Vicarage Road.

Lot 3 3.71ac (1.50ha)

A grass paddock adjacent to and accessed off Vicarage Road. This land is offered to provide a direct link between Lots 1 and 2 for agricultural operations going forward, both in terms of machinery and also for the re-laying of the irrigation main.


*Items marked with an asterisk indicate that a copy of the relevant document(s) is held at the Agent's offices and can be emailed to interested parties.

General

Method of Sale: The property is offered for sale by Private Treaty as a whole or in up to three lots.

*Items marked with an asterisk indicate that a copy of the relevant document(s) is held at the Agent's offices and can be emailed to interested parties or viewed by prior appointment.

Services: The property is not connected to services unless otherwise mentioned.

Abstraction Licence: Licence number 7/34/18/*G/0048 will be transferred through to the purchaser of Lot 1 or the whole. This provides for a maximum quantity of water to be abstracted during April to October inclusive of 45.7m3 per hour, 655m3 per day and 40,500m3 per year.*

Soil Survey: The property had a complete soil analysis carried out in February 2016 indicating levels of pH, K, Mg and P. *

Entitlements: The relevant number of entitlements will be included in the sale and transferred to the buyer(s) after completion. In 2016, 166.93ha (412.48ac) were claimed for BPS purposes.*

Ingoing Valuation: Dependent upon the date set for completion, payment may be required for established crops.


Entry: The purchaser(s) may be granted the right of early entry onto the land (as Licensee) upon the payment of an additional 10% deposit following exchange of contract.

Wayleaves, Easements and Rights of Way: The property is offered subject to and with the benefit of all Rights of Way, whether public or private, all wayleaves, easements and other rights whether specifically referred to herein or not. An annual wayleave payment is received and this will be transferred through to the buyer(s) after completion.

Assessments: A land drainage charge is payable to the Environment Agency. The vendor has paid the 2016 charge and the purchaser(s) will be responsible for the 2017 charge.

Environmental Schemes: The vendors are within an ELS/HLS agreement and will look to transfer through to the prospective purchasers(s) all management obligations relating to these two schemes. The HLS/ELS agreement ends in 2020, albeit there are no HLS features on the land being sold. There are ELS ditch management and 4m buffer strips located on Lots 1 and 2.*

Sporting, Timber and Mineral Rights: All sporting, timber and mineral rights are included within the sale of the freehold insofar as they are owned.

Employment: There will be no transfer of employees with the sale of the land.

Tenant Right: There will be no charge for unexhausted manurial values of fertiliser, nor will the purchaser(s) be entitled to make any counter claim for dilapidations.

Local Authority: Mid Suffolk District Council: 0845 606 6170.

VAT: Should any sale of the land or any right attached to it become a chargeable supply for the purposes of VAT, such tax shall be payable by the purchaser(s) in addition to any other sums.

Title can be deduced from Land Registry Title numbers SK329756, SK210093, SK353929 and SK292855.*

Overage: Overage clauses are in place in relation to all registered titles, with the exception of SK292855 (the two enclosures on the east side of Lot 1, extending to 17.28 acres).

Viewing: By prior appointment with the selling agents.

Directions: From Diss travel east towards Scole. At the second roundabout head south on the A140 towards Ipswich and continue south for approximately 200 metres before turning left onto the B1118 towards Framlingham and Stradbroke. Proceed through the villages of Oakley and Hoxne. Before reaching Stradbroke, the land will be found on your left-hand side. Turn left off the B1118, either where signposted for Syleham and Harleston; or the next, signposted Wingfield, Fressingfield and Harleston. If you take the first left, keep right thereafter; if you take the second keep left there after.
 

More information from this agent

Listing History

Added on Rightmove:
17 June 2016

Nearest station

  • Diss (6.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

TW Gaze, Diss Sales

10 Market Hill, Diss, IP22 4WJ

01371 507012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Diss (6.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

TW Gaze, Diss Sales

10 Market Hill, Diss, IP22 4WJ

01371 507012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101039005839. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TW Gaze, Diss Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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