Sunday, October 2, 2022
12.1 C
Galway
HomeFarming News4,000ac farm hits the market with €52m price tag
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
Reading Time: 3 minutes

4,000ac farm hits the market with €52m price tag

Farming estate hits the market for £44m

One of northern England’s highest quality commercial farming estates has hit the market with a £44,000,000 guide price.

The estate – in Goole East Yorkshire – extends to approximately 4,205-acres (1,701 hectares).

According to the selling agents, most land is “highly productive” grade one and two farmland.

Goole Estate lies within a renowned commercial farming district between the River Ouse and the Isle of Axholme. The property is approximately 8 miles east of Goole on the Lincolnshire/Yorkshire border.

The in-hand land, which the current occupiers farm as a single unit, extends to approximately 4,087ac. (1,654 hectares).

According to Savills, this is suitable for producing high-yielding crops such as wheat, barley, oilseed rape, potatoes, vining, peas, and sugar beet.

The land lies predominantly within a ring-fence plus two offlying blocks west of the main farm towards Goole.

Two reservoir complexes service the land with a total capacity of 115,000m3 and various summer and winter abstraction licenses.

Furthermore, there has been “significant” investment in infrastructure and crop storage facilities in recent years.

This includes 10,400 tonnes of combinable crop storage and 3,500 tonnes of ambient controlled potato storage.

The residential portfolio includes the main farmhouse, three further cottages and two redundant properties with potential for re-development.

Furthermore, the estate includes renewable income streams through two wind farm leases, including 16 turbines.

Also, there is a roof-mounted solar array on the farm buildings at Hall Corner.

In addition to the main farm, there is one small investment farm totalling approximately 81-acres.

Besides, there is a further parcel of land totalling 12-acres, both let on Agricultural Holdings Act tenancies, offer a buyer “long-term reversionary growth”.

Enhance amenity value 

A spokesperson for the property firm said:

“Whilst the estate is primarily a versatile and top-quality commercial farming operation, the Blacktoft Sands, which adjoin the northern boundary of the estate and are the largest tidal reed beds in England, enhance substantial amenity value.”

“These are important breeding grounds for bitterns, bearded tits, avocets and marsh harriers. The sands lie within the Humber Estuary Special Protection Area and are designated as a Site of Special Scientific Interest.”

“On the farm itself, work has been carried out in conjunction with the Yorkshire Wildlife Trust on ditch management to protect and enhance the habitat for water voles,” the spokesperson concluded.

Other articles on That’s Farming

- Advertisment -

Most Popular