Land for sale near Bury St Edmunds, Suffolk
Fenn Wright is delighted to present an attractive block of farmland, lying between the villages of Beyton & Thurston near Bury St Edmunds, Suffolk. The farmland extends to about 322 acres, including 305 acres of arable land and 14 acres of woodland. The compact block of Grade 2/3 land is available as a whole or in two lots and is offered for sale freehold with vacant possession from the 29th September 2015.
Lot 1 lies to the north of Hollow Lane, extending to 121 acres of mainly arable land. The block benefits from good access either off Bird’s Road to the north or Hollow Lane to the south. Described as some of the ‘heavier’ land on the holding, cropping has included a rotation of combinable crops and sugar beet.
Lot 2 lies to the south of Hollow Lane and extends to 201 acres including 185 acres of arable land and 12.5 acres of woodland. The block benefits from several hardened tracks and two concrete pads. There is also a borehole and irrigation pump. The cropping regime has been similar to Lot 1.
The DEFRA Land Classification Plan shows the land as being predominantly Grade 3, with areas of Grade 2 land to the north of Hollow Lane. The Soil Survey of England and Wales identifies the land as being predominantly of the Ashley soil series with areas from the Worlington series to the west.
The land is currently let under two Farm Business Tenancies at a total rent of £46,996 per annum, and is registered under the current Basic Payment Scheme (BPS).
The sporting rights are owned but are let to a local syndicate under a lease expiring 28th February 2017. The current rent is £1,975 per annum, rising to £2,000 from 1st March 2016.
The property is sold subject to and with the benefit of all existing wayleaves, easements, quasi- easements, rights of way, covenants or restrictions. There are various public footpaths which cross the property, many of which follow the line of the tracks but also some cross field paths.
David Ward from the Rural Department of Fenn Wright comments; “This is an excellent opportunity to acquire an attractive block of bare land of a size which has not been seen in the local market for some time.”