Fisher German LLP’s offices have once again held very successful auctions over the last month, showing no slowdown in the search for prime rural land and agricultural properties.
The Market Harborough office recently acquired the exceptional Grange Farm in South Lincolnshire following a competitive telephone auction involving at least five other bidders. On behalf of the owner, Fisher German acquired the property and in addition, their farming services team will be farming the land and their estate management services team will be looking after the let properties and any other property related business. Grange Farm is a commercial 840 acre high quality arable farm with Victorian farm house, two semi detached cottages and farm buildings, close to the village of South Kyme.
John Palmer, partner at Fisher German comments "In spite of fierce competition, we are delighted to have secured this farm on behalf of our client. There was a very high level of interest and rightly so, it's a good example of a grade two high yielding productive arable farm with a farmhouse, cottages and buildings. This type of property comes onto the market very rarely ". For further information, please contact John Palmer on 01858 411216
In a separate auction held on 5 June, Fisher German’s Worcester office successfully auctioned another desirable farm property at North Littleton - an unspoiled agricultural unit with Victorian farmhouse and farm buildings set in around 66 acres. Red House Farm, a Worcestershire County Council holding set in the Evesham Vale, realised £910,000 (£13,750 per acre) and attracted a wide range of interest. Anthony Mayell comments, “The appeal of the property lay in its huge potential for development and this sale demonstrates further that a growing number of people recognise the wide ranging business opportunities which come with owning land”. For further information, contact Anthony Mayell on 01905 888326.
Finally, the Banbury office auctioned a range of properties on 4 June to a total value of £1,241,000 with several exceeding their guide prices - for example:
- Lot 2 - Kidlington – development site with planning permission for two flats, guided at £95,000 sold for £175,000
- Lot 8 - Farthinghoe – three bedroom stone cottage for renovation, guided at £90,000 sold for £154,000
- Lot 8 - Westbury – 5.04 acres pasture land, guided at £65,000 sold for £101,000
- Lot 13 – Great Rollright – five bedroom house, guided at £550,000 sold for £600,000
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