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166.5 acres, Hill Farm, Newborough, Peterborough, PE6 7RX, Cambridgeshire
For Sale - £5,000,000


A STRATEGICALLY LOCATED ARABLE UNIT
WITH DEVELOPMENT POTENTIAL

DETAILED DESCRIPTION

Hill Farm is a well-shaped, ring-fenced arable unit situated between Gunton's Road (west), the A16 (east) and against Car Dyke (south), sitting between the City of Peterborough and Newborough village. The farm consists predominantly of Grade 2 soils in an arable crop rotation including a three million gallon reservoir providing irrigation through a Winter Abstraction Licence.

Gunton's Road provides direct highways access to all four Lots. The farm also benefits from a right of way from Middle Road adjacent to the A16.

LOT 1 - EXTENDING TO 67.38 HECTARES (166.50 ACRES)
(HATCHED BLUE ON THE SALE PLAN)

Lot 1 comprises 67.38 ha (166.50 ac) of Grade 2 and 3 arable land and a reservoir. The land is farmed in an arable crop rotation including areas of land which are annually licensed for onions.

Approximately 25.26 hectares (62.43 acres) of land forming the southern section of the farm has been identified as potential future development land, as an extension to the allocated Norwood Peterborough Urban Extension of the south. There is currently an Outline Planning Application (19/00272/OUT) submitted on this land (identified in yellow on the location plan herein) for up to 870 dwellings, as part of the Norwood Urban Extension of the City of Peterborough.

In collaboration with the adjoining landowner to the west, Hill Farm has been promoted to Peterborough City Council in a consortium of lands and several Planning Reports have been prepared in conjunction with land to the west. These Planning Reports, including a Strategy Development Potential and Capacity Report, Car Dyke Schedule Monument Report, Landscape Design Strategy, Ecology Report can all be found in the Data Room provided (details below). The suggested principle of residential development has been welcomed by the City Council and once the Norwood Peterborough Urban Extension has been completed, the land becomes an obvious potential future development opportunity.

Lot 2: Hill Farmyard with a range of agricultural and storage buildings extending to 0.57 hectares (1.40 acres).

Buildings 1, 2 and 4 are included within a Licence Agreement, the Licensee is using the buildings for storing agricultural machine parts. The Licence period is from 6th February and expires in part on 1st June 2021 and the remainder on 31st October 2021.

A change of use for temporary storage of commercial vehicle storage was granted by Peterborough City Council on the eastern section of the farmyard in June 2018 (Ref: 18/00106/FUL).

LOT 3 - HILL FARMHOUSE
(HATCHED RED ON THE SALE PLAN)

A four bedroom detached dwelling prominently situated in its own gardens and grounds which extend to 0.63 hectares (1.55 acres). The house is constructed from brick, under a tile roof benefiting from double glazing and central heating.

Outside, there is a domestic outbuilding with a garage, workshop and office. The house is surrounded by mature grassed gardens with approximately 0.28 hectares (0.70 acres) as a potential paddock area adjoining.

LOT 4 - WOODCOTE BUNGALOW
(HATCHED PURPLE ON THE SALE PLAN)

A two bedroom detached bungalow situated on the east side of Gunton's Road in a plot extending to 0.07 hectares (0.18 acres). The building is of brick construction under a tile roof with double glazing. The property has been let under an Assured Shorthold Tenancy since 2014 with a rent of £715 pcm, the Tenancy Agreement is available in the Data Room.

It is the Agents' understanding that there is an Agricultural Occupancy Condition attached to the bungalow. More details can be found in the Data Room.


DATA ROOM

Access to the Data Room can be made available by contacting Rowley Barclay on 07825 780139.




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