45 HECTARE (112 ACRE) BLOCK OF HIGH QUALITY ARABLE LAND OFFERED FOR SALE NEAR HOVETON
A 45.38 Hectare (112.13 acre) ring-fenced block of high quality arable land, complete with the benefit of an abstraction licence for irrigation, is being offered for sale just north of Hoveton.
The single block of Grade II arable land, across three parcels, has been contract farmed with a rotation including sugar beet and potatoes. The block has the benefit of a concrete storage pad, and is being offered by Arnolds Keys Irelands Agricultural with a guide price of £1.5 million.
The land comes with an abstraction licence allowing for 22,700m3 to be abstracted every year from April to September, and there may be opportunities for the purchaser to sell an amount of water each year for use on neighbouring land.
The block is situated just north of Hoveton on the west side of Tunstead Road, with the Norwich/Sheringham railway line adjoining its western boundary.
“This is an attractive block of land, with good quality soils with the valuable benefit of an abstraction licence for irrigation,” said Tom Corfield, partner at Arnolds Keys Irelands Agricultural.”
“The block benefits from good access, and is suitable for modern agricultural machinery and equipment and we are expecting high levels of interest.”
Full details are available by visiting www.arnoldskeys.com/agricultural-irelands/property-search, by emailing tom.corfield@arnoldskeys.com, or by phoning 01603 250808.