Summary - HOLLOW LANE FARM BURY ROAD MARKET WESTON DISS IP22 2PD
1 bed 1 bath Farm Land
Large, drained arable holding with concrete pad and tenancy income.
22.42 hectares (55.39 acres) single-field arable block
A substantial block of productive arable land extending to approximately 22.42 hectares (55.39 acres) on the edge of Barningham. The single-field parcel is classified Grade 2 and 3 with Beccles 1 soils and benefits from established land drainage and a concrete pad (approx. 470m2). It has good road access off Hollow Lane and sits within easy driving distance of Thetford and Bury St Edmunds.
The holding is offered freehold but sold subject to an annual periodic Farm Business Tenancy that commenced in October 2020 (current rent £9,000 pa). The vendor will retain all future Basic Payment Scheme run-off/delinking payments. There are brick manhole chambers crossing the land which buyers should note.
An overage clause applies: the vendor is entitled to 25% of any additional value if planning permission for non-agricultural or non-equestrian use is granted within 20 years. Viewings are by inspection with particulars to hand and parties enter at their own risk.
This lot will suit active farmers seeking additional arable acreage or investors looking for long-term land exposure in an affluent rural area; potential for alternative uses exists but would be subject to planning and the overage covenant.
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