Hobbs Parker is instructed by the Colyer-Fergusson Trust in the sale of Queens Farm and Kings Farm, Shorne. The farms lie between the large towns of Strood and Gravesend, benefit from several road accesses and are within close proximity to major transport infrastructure including the M2 motorway and Ebbsfleet International railway station. The strategic location may offer some long-term potential.
Queens Farm has a useful concreted yard with modern farm buildings constructed in 2003, including a workshop, livestock buildings and a 2,000-tonne grain store with drying facilities.
The cropped land (approximately 402 acres) is capable of growing a wide range of high-yielding crops, including vegetables, utilising an existing 5,000,000-gallon reservoir fed from the Thames and Medway Canal, with water available to all land in Lot 1. The land has the benefit of an abstraction licence for 8,000,000 gallons per annum. The soils are mostly freely draining, slightly acid loamy soils.
Adjacent to the farm buildings are areas of permanent pasture and traditional orchards extending to approximately 60 acres which are stockproof and currently grazed, together with a further 33 acres of grazing on the Shorne Marshes (SSSI).
Kings Farm Buildings comprises a collection of redundant semi-modern and traditional former farm buildings which may offer potential for re-development.
The property is offered for sale subject to the existing Farm Business Tenancy (FBT) agreements, with fixed terms expiring in Autumn 2024. The total annual income under the existing agreements is in the region of £110,000.
Matthew Sawdon, Director at Hobbs Parker Property Consultants, commented: “The sale represents a significant and rare opportunity in Kent to purchase numerous blocks of productive, mostly arable land and modern farm buildings subject to existing Farm Business Tenancies and is likely to attract strong interest from investors as well as farmers.”
The farms are offered for sale as a whole or in up to five lots. Offers for the whole are sought in excess of the £5.2 million guide price. Viewings are strictly by prior appointment through the selling agents.
Shorne, Gravesend, Kent
Guide price: As a whole or in five lots. OIEO £5.2 million (whole)
Approx 512 acres