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Stonham Aspal, Stowmarket, Suffolk, IP14 Land for sale
Stonham Aspal, Stowmarket, Suffolk, IP14
£1,700,000
Stonham Aspal, Stowmarket, Suffolk, IP14
£1,700,000
Our Summary
- The arable land for sale is available as a whole
- Overage Part of the land (edged dark blue on the plan) will be subject to an Overage Clause of 50% of the uplift in value, for a period of 25 years, should commercial or residential development (either single or multiple) be granted
Description
This 193.46-acre block of Grade 3 arable land is available for sale as a whole in Mill Green, Suffolk. The land is located near the village of Stonham Aspal and is suitable for a cereal rotation due to its Beccles 1 soil series. The property is currently farmed under a contract farming arrangement and will be sold freehold with vacant possession after the 2024 harvest. The land is registered under the Rural Payments Agency and is eligible for future environmental schemes. There is an overage clause of 50% for 25 years if the land is developed commercially or residentially. The property is being sold by private treaty and interested parties should contact the agents for further information.