Reed Lane Farm presents purchasers with the opportunity to acquire an attractive equipped arable farm in Mid-Norfolk. The farm has been farmed in hand and considerable care and attention has been put into the soil and the environmental attributes of the farm. The arable land extends to approximately 380.73 acres (154.08 hectares) and the fields are of good size suitable for modern commercial agricultural machinery.

Situation

Reed Lane Farm is very well-positioned and located to the to the east of the village of Mileham. Mileham is an attractive village located on the B1145 road that connects the market towns of Kings Lynn and Aylsham. The market town of Dereham which has more extensive health, education and retail services is approximately 6 miles away, whilst the city of Norwich is around 22 miles to the south-east. From Norwich there is a mainline rail link to Ipswich and London. The journey time is approximately 1 hour and 45 minutes to London Liverpool Street. The A47, some 5 miles to the south, gives excellent access to the regional and national road network.

Reed Lane Farmhouse

Reed Lane Farmhouse and buildings are well positioned in
the centre of the farm. The farmhouse is accessed via a private track off Reed Lane. It benefits from far-reaching views to the south and west and has an attractive enclosed garden along with a large pond. On the ground floor, there is a family kitchen, dining room, sitting room, conservatory, office, utility room. On the first floor, there is a spacious principal bedroom that benefits from a walk-in wardrobe and a further en-suite bathroom, whilst there are three further bedrooms and a family bathroom. The farmhouse is served by a double garage to the east of the house. Currently Reed Lane Farmhouse is let on an Assured Shorthold Tenancy (AST) receiving an annual rent of £16,500.

Farmland

The arable land at Reed Lane Farm extends to around 380.73 acres (154.08 hectares) with the land situated within a ring fence. The fields are of good commercial size suitable for modern farming practices. A large part of the land at Reed Lane Farm is classified as Grade 3 on the Agricultural Land Classification Series of England and Wales with a small area of the farm being classified as Grade 2. The soils are of the Beccles 1 series described as a slowly permeable fine loamy over clayey soil with a chalky till. Such soils are suitable of growing winter cereals, some root crops and grassland. Reed Lane Farm is currently cropped in a rotation of wheat, barley and oilseed rape. Reed Lane Farm is part of a wider Sustainable Farming Incentive (SFI) as well as a Countryside Stewardship Mid-Tier scheme. Collectively this results in an environmental income at Reed Lane Farm of £55,398.46.

There is one modern farm building at Reed Lane Farm which is situated in a yard adjacent to the farmhouse. The building is a steel portal frame grain store with roller shutter doors. The store has ventilated floors with a central air tunnel and can store approximately 350 tonnes on each side. There is a lean-to on the grainstore which has primarily been used as a workshop and machinery store.