Keen bidding expected at land auction
FOUR parcels of farm land are among properties due to be auctioned by Framlingham-based agents Clarke and Simpson next month.
Just over 122 acres of productive arable land at Kettleburgh is being offered in two lots.
Lot 1, totalling just over 106 acres and carrying a reserve of �640,000, consists of two arable fields which have been well farmed for a number of years under an arable rotation consisting mainly of wheat, sugar beet, oil seed rape and beans. The land is mostly medium-heavy in texture, provisionally classified as Grade II, and is very well drained.
Lot 2, extending to just under 16 acres, with a reserve of �95,000, involves a single field of similar quality to Lot 1 which has been farmed in the same rotation but currently has a wide grass margin on one side.
Adjointing Lot 2 and also for sale at the auction, but currently under different ownership, is just over 7.5 acres of land, with a guide price of �60,000. It has been laid down to grass for a number of years and has been regularly grazed. Also being auctioned is 15 acres of grassland with frontage on to the River Alde at Stratford St Andrew, near Saxmundham, which has a guide of �90,000.
The auction is being held at the Seckford Hall Hotel, Woodbridge, on Wednesday, July 7, starting at 6pm.
James Durrant of Clarke and Simpson said: “At a time where there is not a great deal of land coming to the market, these diverse areas will no doubt create good interest.”