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Farm land for sale
Land at Floriston Hall, Wixoe, Stoke-by-Clare, Sudbury, CO10
£800,000
Land at Floriston Hall, Wixoe, Stoke-by-Clare, Sudbury, CO10
£800,000
Our Summary
- The terms reserve an uplift of 50% of the enhanced value resulting from any form of development for a period expiring in 2084
Description
The property is a 36-hectare (88.87-acre) arable land plot located on the edge of Wixoe, approximately 9 miles south-east of Haverhill and 12 miles north of Halstead. The land is a ringfenced block with a southerly and easterly aspect, providing a rolling topography suitable for growing cereals and other arable crops. The soils are of the Hanslope Soil Association, and the land has been managed on a standard cereal rotation using traditional methods of cultivation. The property is registered with the RPA and has a holdover agreement with the seller until harvest 2025, and is also subject to an Overage in favour of a previous owner. The seller will retain a right of holdover until harvest 2025, and vacant possession will be given on completion, subject to the right of holdover. The asking price is in the region of £800,000, with no VAT chargeable on the sale price.