Land for sale in Lot 1 | Airfield Farm, Swindon, Gloucestershire SN6
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Significant mineral deposits currently generating a substantial revenue stream and due to increase significantly in the short term (planning permission granted - gross income expected to (truncated)
- Substantial commercial arable farming enterprise
- Attractive and stable rental income stream generated from residential and commercial portfolio
- Future development opportunities
- 27 residential properties subject to a variety of tenancies plus a further 3 derelict
Property description
Multi-faceted rural investment opportunity
Description
<b>Airfield Farm</B>
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.
<b>Minerals</B>
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.
<b>Airfield Farm Buildings</B>
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.
<b>Farmland</B>
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.
Acreage:
898.62 Acres
Property info
For more information about this property, please contact
Savills - Country Department, W1G on +44 20 8022 3142 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - Country Department, and do not constitute property particulars. Please contact Savills - Country Department for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
.png){kind=logo}