Prime Block of Arable Land Launched

The Ipswich Office of Robinson & Hall LLP is pleased to offer this large area of productive arable land situated in Mount Bures just south of the River Stour.  Sitting in the picturesque landscape overlooking the Stour Valley, the land amounts to 113 acres (45.85 hectares) and is currently in arable production.  The land is classified as grade 2 and is well suited to both cereal and root production.
 
Robin Thorogood of Robinson & Hall, comments that ‘Values remained strong last year despite the current economic climate and the fall in commodity prices. Demand continues to exceed supply suggesting that prices will remain strong throughout 2010  The land at Mount Bures was launched in the first week of March and since this date we have received a large amount of interest. Early indications from interested parties suggest that the guide price of £650,000 will be exceeded.’

The launch of this block of land, follows two successful sales of similar land earlier in the year where prices exceeded £6,000 per acre for bare land. Robinson & hall have a number of larger blocks due to be offered to the market later in the spring and anticipate continued strong interest from farmers and non farmers alike.

For more information and details regarding this property please contact Robin Thorogood  on 01473 835258.