Savills | Northolm Farm, Eye Green, Peterborough, Cambridgeshire, PE6 7TY | Properties for sale
147.61 Ha(364.75 Ac)
Guide price £2,400,000($3,029,729)

Northolm FarmEye Green, Peterborough, Cambridgeshire, PE6 7TY

  • Under offer
  • Freehold

Key features

  • Grade 2 and 3
  • Predominantly bare arable land
  • Mainly within a ring fence
  • Road access
  • Available as a whole

A productive parcel of predominantly arable land

About this property

  • The land is found mainly within a ring fence to the east of the village of eye Green, there is however a small off-lying parcel of fallow land located to the west of the Crowland Road to the north of the village. The main parcel of land is well serviced with internal tracks.

    The Soil Survey of England and Wales records the soils of being predominantly of the Shabbington and Downholland 1 series. The Shabbington soils are described as deep fine loamy and fine loamy over sandy soils variably affected by groundwater. Some slowly permeable seasonally waterlogged fine loamy over clayey soils and suitable for the growing of winter cereals and grassland. The Downholland 1 soils are described as deep stoneless humose clayey soils, calcareous in places. Some peat soils and deep humose calcareous silty soils. Flat land. Groundwater usually controlled by ditches and pumps with a risk of wind erosion. These soils are suitable for the growing of cereals, sugar beet, potatoes and field vegetables in the Fens.

    Drainage - the selling agents understand that part of the farm is under drained. Drainage plans are available on request. The land is subject to drainage rates payable to the North Level District Internal Drainage Board.

    Services - the selling agents are not aware of any services connected to the land.

    Tenure, Method of Sale, Possession & Holdover - the freehold of the property is available as a whole by private treaty. The land will be sold subject to a Farm Business Tenancy that is due to expire on the 10th October 2020. A period of holdover may be required by the outgoing tenant to harvest late crops.

    Basic Payment Scheme - the land is registered to receive payments under the Basic Payment Scheme. 145.47 entitlements are included in the tenancy and will be available with the sale.

    Entry Level / Higher Level Stewardship Agreement - the land is subject to a combined Entry Level and Higher Level Stewardship Agreement which expires on the 30th June 2020.

    VAT - in the event that any part of the sale is subject to VAT this will be payable by the purchaser in addition to the purchase price. It is the selling agents understanding that the holding is not opted for VAT.

    Restrictive covenants - the land will be sold subject to a restrictive covenant for agricultural and equestrian use. The land will be sold subject to an approval of plans covenant.

    National Grid Pipeline - there is a gas pipeline that runs under the property. Part of this pipeline has been identified as being too shallow by the National Grid. The area affected has not been cropped and the National Grid are compensating the tenant for loss of crop and are working on a longer term solution.

    Wayleaves, Easements and Rights of Way - the property is sold subject to and with the benefit of all wayleaves, easements and rights of way whether public or private whether mentioned or not.

    Sporting, Timber & Mineral Rights - all sporting and timber rights shall be included in the sale in so far as they are owned. The mineral rights shall be reserved by the vendor in so far as they are owned.

    Flood Zone - the majority of the land is located in flood zone 3.

A productive parcel of predominantly arable land with internal track ways

Sam ThomasProperty agent

Additional information

  • Directions: The land is located to the north east of Eye Green which is a village located a short distance to the north east of Peterborough. The land benefits from multiple points of access directly onto the Crowland Road and Nipcut Road, both of which give excellent access to the A47.