This property has been taken off the market.
House For Sale Cirencester, GL7
£18,000,000
1 of 7
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Last Updated: 17th May 2024
Description
Multi-faceted rural investment opportunity
\rDescription
Airfield Farm
Airfield Farm is situated at the heart of the estate, with the farmland centred around the former RAF airfield, on which are extensive modern farm buildings servicing much of the estate. The majority of the farmland is in arable production, the balance being made up of grassland and woodland.
The concrete former airfield runways are used for a variety of
commercial uses, including general storage.
Minerals
Gloucestershire County Council recently resolved to grant planning permission for the development of Airfield Quarry
(reference 21/0032/CWMAJM) subject to planning conditions and a s106 agreement. This development covers 583 acres, with an extraction area of 440 acres. It’s predicted to yield 6.5 million tonnes of mineral over about 13 years, generating an annual indexlinked royalty income of approximately £1.8
million together with a surface rent of £190/ acre. Final restoration plans include a mix of arable, woodland, pasture, and meadow, ensuring sustainable land use post-extraction with opportunities for higher-value alternative uses. Hills Quarry Products Ltd are to operate this site.
Airfield Farm Buildings
Airfield Farm has a range of modern farm buildings located towards the centre of the farm on the expansive concrete of the former RAF airfield. The buildings provide approximately 8,000 tonnes of grain storage with separate grain dryer building with intake pit serving all four stores via overhead conveyors. There is a weighbridge located in front of the grain dryer. The former runway is used for clamping of maize silage.
Farmland
Airfield Farm is a well accessed, ring fenced block of land classed as predominantly Grade 2 with an area of Grade 3 on the Provisional Land Classification Map. The farmed
area extends to 713.55 acres and is well serviced by a good range of internal farm roads and tracks. There are various parcels of woodland located across the Lot 1, extending to 127.33 acres in total.
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Acreage: 898.62 Acres
\rDescription
Airfield Farm
Airfield Farm is situated at the heart of the estate, with the farmland centred around the former RAF airfield, on which are extensive modern farm buildings servicing much of the estate. The majority of the farmland is in arable production, the balance being made up of grassland and woodland.
The concrete former airfield runways are used for a variety of
commercial uses, including general storage.
Minerals
Gloucestershire County Council recently resolved to grant planning permission for the development of Airfield Quarry
(reference 21/0032/CWMAJM) subject to planning conditions and a s106 agreement. This development covers 583 acres, with an extraction area of 440 acres. It’s predicted to yield 6.5 million tonnes of mineral over about 13 years, generating an annual indexlinked royalty income of approximately £1.8
million together with a surface rent of £190/ acre. Final restoration plans include a mix of arable, woodland, pasture, and meadow, ensuring sustainable land use post-extraction with opportunities for higher-value alternative uses. Hills Quarry Products Ltd are to operate this site.
Airfield Farm Buildings
Airfield Farm has a range of modern farm buildings located towards the centre of the farm on the expansive concrete of the former RAF airfield. The buildings provide approximately 8,000 tonnes of grain storage with separate grain dryer building with intake pit serving all four stores via overhead conveyors. There is a weighbridge located in front of the grain dryer. The former runway is used for clamping of maize silage.
Farmland
Airfield Farm is a well accessed, ring fenced block of land classed as predominantly Grade 2 with an area of Grade 3 on the Provisional Land Classification Map. The farmed
area extends to 713.55 acres and is well serviced by a good range of internal farm roads and tracks. There are various parcels of woodland located across the Lot 1, extending to 127.33 acres in total.
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Acreage: 898.62 Acres
Agent Details
Savills
33 Margaret Street London W1G 0JD
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.