Land for sale in London Road, Chatteris PE16, £3,700,000

3,700,000.00

Offer Nr.:
65265078
Type of ad:
for Sale
Property type:
Land
Contact name:
Strutt & Parker - Eastern Estates & Farm Agency Suffolk
Phone(s):
01473 679819

* Freehold
Lot 1 –Land at Wood Farm
About 240. 39 acres (97 ha)
The land lies in a contiguous block and benefits from a generally south facing
aspect. The farm is accessed from adopted roads, public droves and
farm tracks. The land is well laid out the fields being generally regular in
shape and have an average field size approaching 30 acres. It is all
classified Grade 2 with the soil belonging to the following series:
Waterstock - A deep permeable mainly fine loam with some deep well drained
fine & coarse loams.
Peacock - Deep humose calcareous clay and non - calcareous fine loam over clay,
with some peat soils.
The arable land supports a primarily cereal rotation including sugar beet with
occasional crops of potatoes utilising the land’s abstraction licence.
Lot 2 – Lot 2 - Land at Langwood Hill
About 122. 78 acres (49 ha)
The land is a level parcel of Grade 2 commercial
arable farmland that lies within a ring fence. It is accessed via adopted
roads at either endwith a track running the entire length of the parcel. The
land is well laid out with generally regular shaped fields and an average
field size of 25 acres. The soil belongs to the Waterstock and Peacock Series
as described above and has supported a cereal rotation. The northern part of
the land is understood to have some field drains.
General
Method of Sale: Land at Wood Farm and Langwood Hill is offered for sale
freehold by private treaty as a whole or in up to 2 lots.
Tenure: Land is offered for sale with vacant possession upon completion. The
entire farm is
currently let on a 1 - Year Farm Business Tenancy
which terminates on 28th September 2023.
Grazing Licence: There is a grazing licence on approximately 6 acres of land
which can be
terminated with six months notice.
Services: There are no services to the land.
Drainage Rates: General drainage charges for the Anglian Eastern Region of
216. 46/ha are paid annually to the Environment Agency.
Abstraction Licence: The land is sold with a 50% share of an abstraction
licence (6/33/52/*G/0011). The shared licence will permit 26, 150m3 of water to
be abstracted each year between 1st May – 31st August from a former gravel pit
located on the Lot 1 subject to Environment Agency consent and
conditions.

The Land at Wood Farm and Langwood Hill is situated
immediately to the south and east of the town of Chatteris in North West
Cambridgeshire - an area renowned for high quality, flexible farmland. The
rural location is accessible, being situated between the arterial roads of
A142 & A141 providing links to Ely and Huntingdon.
Chatteris is a market town with regional level commercial, retail, leisure and
educational facilities. A wider range of facilities are available in Ely (13½
miles), Peterborough (19 miles) and Cambridge 23½ miles). Peterborough and
Cambridge both have main line train services to London Kings Cross with
journey times taking approximately 50 - 55 minutes.

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