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Guide price
£800,000

Land for sale

Newborough Estate - Lot 4, Thorney Road, Peterborough, PE6
Featured
Land
116.80 acre(s)
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Highly productive Grade 2 arable land
  • Tenanted land
  • Total income from the let land totals £16,025
  • Suitable for modern framing practices
  • Good access with close proximity to A47
A rare opportunity to acquire a large parcel of land in a productive farming area

Description

LOT 4 - 116.8 Acres (47.26 hectares)

Agricultural Land

There are two documented tenancies across this parcel of land. The largest tenancy extends to 89.51 acres (36.22 Hectares) and is let on a Farm Business Tenancy that shall terminate in October 2026. The passing rent is £12,900 per annum.

A further 25.73 acres (10.41 hectares) is let on a 1 year Farm Business Tenancy that commenced on 11th September 2024 with the passing rent being £3,125. There is a small parcel of land adjacent to Panks Farm House 1.56 acres (0.63 hectares) which the selling agents understand is let to the adjoining residential occupiers. At present there is no tenancy agreement in place for this parcel of land.

All of the land across Lot 4 is classified as Grade 2 on the Agricultural Land Classification maps and is considered to be some of the best quality land across the Estate. The land lies flat and is suitable for modern framing practices with the fields being a regular shape. Access to all of these parcels is taken directly from Speechley’s Drove.

Location

Newborough, which lies to the south has a school and public house, with further amenities to be found in Peterborough. The estate is located approximately 6 miles to the city of Peterborough, that has a wide range of amenities including, shops, schools, restaurants and leisure facilities.

The property sits in a rural location with surroundings being predominantly arable fields divided by drains.

The estate benefits from good transport links with the A47 being 1 mile to the south of the property that leads to the A1 in the west and Kings Lynn in the east, while the A16 lies 1 mile to the north. Peterborough train station lies 6 miles from the farm where there are regular trains running from Peterborough to London (Kings Cross), with the fastest trains taking approximately 50 minutes.

Disclaimer: All journey and distances are approximate.




Acreage: 116.8 Acres

Directions

What3words: Lot 4: ///strictly.graph.defining

Additional Info

Local Authority: Peterborough City Council

Photographs and particulars: August 2024

Viewing: Strictly by appointment with the selling agent
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About this agent

Savills - Lincoln, Olympic House
Savills - Lincoln, Olympic House
Olympic House, Doddington Road Lincoln LN6 3SE
01522 397789
Full profileProperty listings
At Savills Lincoln we are all-round residential and rural property experts, working on your behalf to buy, sell, rent, lease or manage land, homes, farms, equestrian facilities and a range of additional types of property within Lincoln and its surrounding towns and villages. Much of our work with local families, businesses and individuals stretches back decades. This testifies to the strong relationships we have established by delivering our promises and adding customer care to professional competence. Most visited website Savills.co.uk is the most visited UK national estate agency website, averaging over 2.4 million visits a month in 2020, and recording over 3.1 million visits in January 2021. Global exposure Our site is available in 22 languages including English, Chinese, Spanish and Russian. This guarantees your property will have the global exposure it deserves as well as providing access to more buyers via our website. Put simply, because we get more qualified visits, you get more opportunities to sell.
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