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Thursday
16  May

Halls agree multi-million-pound border sales

 
15/01/2024 @ 10:49

 

Halls, one of the UK’s leading regional firms of estate agents, chartered surveyors, auctioneers and valuers, ended 2023 with a bang by agreeing the sales of four farms and land with a guide price of more than £9 million.

The four farms, the sales of which were agreed in the same week prior to Christmas, are Lower Wallop Farm, Wallop, near Westbury, which had a guide price £3.1m, White House Farm, Binweston, near Worthen which was on the market for £1.8m, Glyn Farm at Brooks (pictured), near Welshpool, which had a guide price of £1.75m and Overfields Farm, near Wem, which had a guide price of £1.35m.

Also agreed was the sale of 134.39 acres of land at Hall Farm, Picklescott, near Church Stretton which was on the market for was £1.15m. The house and 5.7 acres of land and traditional barns are still for sale with Halls with a guide price of £675,000 and £349,000 respectively.

Standing in an idyllic location, Glyn Farm comprised 131 acres of grassland and woodland, a four bedroomed, period farmhouse and a versatile range of modern and traditional farm buildings.

“It was a super way for Halls to end 2023 and to start the new year,” said Louise Preece, Halls’ head of rural professional services. “However, we need more farms and land to meet the growing demand.

“We are optimistic about the farmland market for 2024 and hope the recent announcements by DEFRA, of increased support for agriculture, will result in increased confidence in the sector.

“We have seen a good level of interest in all our properties from a range of buyers and we have some exciting farm sales in the pipeline for 2024.”

Halls kicks off its 2024 collective property auction schedule on February 23, with several lots already entered. Further auctions follow in April, July, September and November, with the auctioneers promising property and land to suit most buyers.

Enquiries about selling or buying farms or farmland should be directed to the rural agency and sales team, headed by chairman Allen Gittins, director James Evans and Louise Preece at Halls’ Battlefield head office in Shrewsbury on Tel: 01743 450700 and director Sarah Hulland at the Kidderminster office on Tel: 01562 820880.

PICTURE: Glyn Farm, Brooks.