Written by Eva Osborne-Sherlock from Agriland
The Down Ampney Estate in Gloucestershire is for sale as a whole for £57.5 million or in five lots, Bidwells has said.
The estate is one of the largest in the region and its income is currently derived from agriculture, mineral extraction, natural capital, residential and commercial property and leisure enterprises.
Lot 1 is on the market for £18 million and is comprised of Airfield Farm, which is centred around a former RAF airfield on which there are extensive modern farm buildings which service the estate.
The buildings provide approximately 8,000t grain storage with separate grain dryer building. The majority of the farmland is in arable prodiction with grassland and woodland.
Images: Bidwells
The farmland is mainly Grade 2 with some Grade 3. The farmed area extends to 713.55ac and various parcels of woodland extend to 127.33ac.
The former airfield runways are used for a variety of commercial uses including general storage.
Lot 2 is comprised of Manor, Westfield & Latton Farms situated on 1,641.67ac and is on the market for £23 million.
The majority of the farmland is in arable production with the remainder being grassland, woodland, lakes and a commercial quarry. Lot 2 includes 16 residential properties and eight commercial properties.
Images of Lot 2: Bidwells
Lot 3 is the £8 million Castle Hill Farm, which is situated on 594.43 acres and includes five residential properties.
There are also two derelict cottages, traditional Cotswold stone buildings and Grade 2 and Grade 3 arable land.
Lot 4, comprised of Alex Farm on 457.27ac, is on the market for £6.75 million and includes six residential properties and a cottage in need of complete renovation.
Lot 5 features Cerney Wick Farm on 219.31ac, which is on the market for £1.75 million.
Cerney Wick Farm includes the Basin Meadows, approximately 145ac of water meadows providing environmental amenity and potential for summer grazing.
Bidwells said the strategic location and the various buildings and steadings across the Down Ampney Estate offer purchasers the opportunity to significantly enhance its revenue and capital value with further investment.
The estate extends to 3,811.30ac of which 2,739.98ac of Grade 2 and Grade 3 land is farmed under a contract farming agreement with Velcourt.
In addition, the land area includes 95.58ac of mineral workings, 236.98ac of woodland and 114.91ac of lakes, ponds and rivers.
The balance of the farmland is let on short term agreements or managed in hand.
The portfolio of residential property is spread throughout the estate and comprises 30 houses mainly let on assured shorthold tenancies but with three secure tenancies and three unoccupied.
Down Ampney Estate Lot 4. Images: Bidwells
The estate also has a mixture of commercial lets including offices, storage, light industrial and a rally driving school.
Farm steadings offer substantial potential for commercial and residential purposes and the proximity of Cotswolds Water Park offers the potential for devleoping further lesiure uses.
The estate includes 145ac water meadows including rare wildflowers.
The post Down Ampney Estate on the market in 5 lots or for £57 million appeared first on Agriland.co.uk.
Continue reading on the Agriland Website...
The estate is one of the largest in the region and its income is currently derived from agriculture, mineral extraction, natural capital, residential and commercial property and leisure enterprises.
Lot 1 is on the market for £18 million and is comprised of Airfield Farm, which is centred around a former RAF airfield on which there are extensive modern farm buildings which service the estate.
The buildings provide approximately 8,000t grain storage with separate grain dryer building. The majority of the farmland is in arable prodiction with grassland and woodland.
Images: Bidwells
The farmland is mainly Grade 2 with some Grade 3. The farmed area extends to 713.55ac and various parcels of woodland extend to 127.33ac.
The former airfield runways are used for a variety of commercial uses including general storage.
Lot 2 is comprised of Manor, Westfield & Latton Farms situated on 1,641.67ac and is on the market for £23 million.
The majority of the farmland is in arable production with the remainder being grassland, woodland, lakes and a commercial quarry. Lot 2 includes 16 residential properties and eight commercial properties.
Images of Lot 2: Bidwells
Lot 3 is the £8 million Castle Hill Farm, which is situated on 594.43 acres and includes five residential properties.
There are also two derelict cottages, traditional Cotswold stone buildings and Grade 2 and Grade 3 arable land.
Lot 4, comprised of Alex Farm on 457.27ac, is on the market for £6.75 million and includes six residential properties and a cottage in need of complete renovation.
Lot 5 features Cerney Wick Farm on 219.31ac, which is on the market for £1.75 million.
Cerney Wick Farm includes the Basin Meadows, approximately 145ac of water meadows providing environmental amenity and potential for summer grazing.
Down Ampney Estate
Bidwells said the strategic location and the various buildings and steadings across the Down Ampney Estate offer purchasers the opportunity to significantly enhance its revenue and capital value with further investment.
The estate extends to 3,811.30ac of which 2,739.98ac of Grade 2 and Grade 3 land is farmed under a contract farming agreement with Velcourt.
In addition, the land area includes 95.58ac of mineral workings, 236.98ac of woodland and 114.91ac of lakes, ponds and rivers.
The balance of the farmland is let on short term agreements or managed in hand.
The portfolio of residential property is spread throughout the estate and comprises 30 houses mainly let on assured shorthold tenancies but with three secure tenancies and three unoccupied.
Down Ampney Estate Lot 4. Images: Bidwells
The estate also has a mixture of commercial lets including offices, storage, light industrial and a rally driving school.
Farm steadings offer substantial potential for commercial and residential purposes and the proximity of Cotswolds Water Park offers the potential for devleoping further lesiure uses.
The estate includes 145ac water meadows including rare wildflowers.
The post Down Ampney Estate on the market in 5 lots or for £57 million appeared first on Agriland.co.uk.
Continue reading on the Agriland Website...