Initial price	£550,000
14/03/24	£515,000
Price Change	-6.36%

Lot 2 at Gubeon Farm is a productive and conveniently sized block of arable land, ideal for cropping and located near grain stores, major road networks, and prominent agricultural areas. The land is flat and well-proportioned, making it suitable for large modern machinery, and has excellent roadside access. The soil is slowly permeable, seasonally wet, slightly acid, but base-rich loamy and clayey, and has been well maintained with regular inputs. The land is currently farmed via a contract farming operation and has historically been well managed, with the potential for additional grant funding for boundary improvements. The land is accessible via the main road and has a mixture of both hedgerows and post and wire fences for boundaries. The land is currently split sown with winter barley and temporary grass, with 7.61 ha (18.81 ac) sown to temporary grass, and there is circa 1.50 hectares (3.70 ac) subject to a MTCS with an annual payment of £658 per ha. The proximity of the land to development sites and the ability to offset environmental obligations through biodiversity net gain make it an attractive investment opportunity.