A let farm providing an excellent long-term investment opportunity



Description

East Combe Farm offers an opportunity to purchase a productive farm in a favourable location let under a tenancy agreement governed by the Agricultural Holdings Act 1986. The entirety of East Combe Farm is let and occupied by the tenant under this arrangement and the combination of a secure income with potential for capital growth results in a rare and exciting prospect for an incoming investment purchaser with a long-term view. East Combe is let under an Agricultural Holdings Act Tenancy. The current tenant succeeded to the tenancy in about 2004 when his father retired. The current tenant continues to occupy under the terms of the tenancy agreement dated 12 September, 1968 between his father as tenant and the then landlord.

East Combe Farm
East Combe Farm is a diverse farm centred around a charming, cob constructed detached five-bedroom farmhouse with excellent proportions. The farmstead is located on the western edge of the holding within approximately 115 acres. The spacious, non-listed property has fantastic features throughout and provides adaptable family accommodation. The accommodation on the ground floor comprises a kitchen, breakfast/dining room, large sitting room, boot room/utility and a WC. On the first floor, there are five good sized double bedrooms and a family bathroom. There are two staircases.

Farm Buildings
There are two traditional outbuildings to the east and west of the farmhouse. One of which is a single storey building with a slate roof which has been used as stabling and hay storage. To the east of the farmhouse is a two-storey building, previously used for housing of livestock and more recently for storage purposes. There are lean-to buildings to the rear. These traditional buildings offer potential for change of use, subject to obtaining the necessary planning consents. The remainder of the modern farm buildings are tenants buildings.

Land
A run of approximately 115 acres of free draining, south facing productive agricultural land currently down to pasture. The land has been used for the grazing of livestock and mowing. The land to the north of the farm has, in the past, successfully grown fodder crops. The fields are divided into good sized workable enclosures and the minor council roads afford easy access to the lower fields to the south.

Location

East Combe Farm is situated close to the Somerset border and Exmoor National Park and the area remains completely unspoilt. The farm is positioned amongst rolling Devon countryside and off the beaten track yet close to Tiverton, Taunton, the A361 and the M5. Tiverton Parkway, a mainline railway station is located just off Junction 27, (M5) with daily trains to London and beyond. Exeter International Airport can also be found just 31 miles south of East Combe Farm. The area is intersected by wooded stream valleys and fields enclosed by Devon hedge banks and is renowned for country sports and pursuits with easy access to Exmoor and the north coast. The farm lies between the villages of Morebath and Shillingford and just 2.3 miles from the charming village of Bampton which has useful local shops, pubs, restaurants, doctors surgery and primary school. Tiverton (about 10 miles) is an old market town and has several supermarkets, a wide range of shops, modern district hospital and a sports centre. Tiverton also has an array of schooling for all ages including Blundell’s School. Taunton has all the amenities and facilities you would expect in a county town and regional centre.




Acreage: 115.14 Acres

Directions

Postcode/What 3 words: EX16 9BX
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