- Advert Expiry Date: Tuesday, 13th June 2017
- Property / Land Type: Estate
- Price Description £6,500,000 Guide price
Lot 1: Brockton Manor Farm comprises an impressive seven bed manor farmhouse, three further semi-detached cottages, extensive range of modern and traditional buildings and high quality arable farmland extending to 810 acres (328 hectares)
Property agent Location
View property on map »Further Information
Brokton Manor Farm provides a rare opportunity to purchase a high quality commercial investment farm, part of the Bridge and Brockton Estate, in a part of the country characterised by a relatively low supply of larger farms. The Estate is available as a whole or in two lots.
LOT 1 - BROCKTON MANOR FARM
The farm is let by way of an Agricultural Holdings Act Tenancy agreement dated 17 November 1981 and qualifies for 50% Inheritance Tax relief after 7 years of ownership for an investor.The farm is let on full repairing and insuring terms.
The tenancy states that 491.77 acres constitutes a first succession and the balance of the holding is a first letting. The Vendor believes that due to subsequent surrenders approximately 124.115 ha ( 306.69 acres) now remain comprised in the area identified as a first succession. Further to the original agreement, a surrender of part of the holding has been undertaken with the current rent passing for the holding, accounting for this surrender being £77,238.
The predominantly irrigated arable farmland extending to approximately 809.67 acres (327.658 hectares).
EPC Ratings E-F
View payable Stamp Duty for this property