Newborough Estate - Lot 3Thorney Road, Peterborough, PE6 0AD

LOT 3 - 354.56 acres (143.48 hectares)
Residential property

There are two residential properties across Lot 3, these being Moores Farm Bungalow and Flood Farmhouse. Both are occupied under Farm Business Tenancies that shall terminate on 11th October 2024.

Moores Farm Bungalow is accessed via a private drive from Peterborough Road and benefits from a kitchen, sitting room, 2 bedrooms and a bathroom. The property is constructed from red brick under a tiled roof.

Flood Farmhouse is located off Peterborough Road with access via a private drive. The farmhouse is set across two floors constructed from red brick and slate tile roof. The kitchen serves as the focal point of the ground floor, with three bedrooms located upstairs.

Both these properties will benefit from vacant possession from 11th October 2024 and there would be strong interest locally to continue renting them out.

Agricultural Land

The land encompasses three holdings known as Moores Farm, Flood Farm and Steam House Farm. This block of land shall all benefit from vacant possession following 11th October 2024.

All the land is classified as Grade 2 on the agricultural land classification. The soils are capable of growing a wide variety of crops including potatoes, sugar beet, cereals, maize and oil seed rape. The back cropping is set out in the data room.

The fields are a regular size suitable for modern machinery and farming practices with the land divided by dykes.
The land benefits from good access principally from the Peterborough Road and then through good internal tracks.

The farm track to the north of Steam House Farm that borders Lots 1 and 3 is used to access land at Steam House
Farm. This access track is not owned, however, the right of access is formally documented to permit access along the farm track. The access track crosses a dyke via a bridge, for which the buyer shall be responsible for 25% of the associated maintenance and repairing costs.

Running through Lot 3 is an Anglian Water Pipeline, and as part of the compensation process early payments have been made to the occupiers and landlords. The works are expected to be completed in 2025.

View payable Stamp Duty for this property