The sale of a versatile 165-acre livestock and arable farm in rural North Shropshire, which had a guide price of £1.75 million, has been completed by leading country property specialists Halls.
Rowe Farm at Welshampton was originally marketed as part of the Park Hall Farm Estate, near Ellesmere, which had a total guide price of £8.25 million and comprised a state-of-the-art dairy enterprise, 11 luxury log cabins, two farmhouses and 680 acres of land.
However, Park Hall Farm, which had a guide price of £5 million and Rowe Farm were sold separately. Both sales were handled by Linder Myers Solicitors in Shropshire on behalf of owner, Tedsmore Hall Services Ltd.
“We are pleased to complete on the sale of Rowe Farm on behalf of long term client Tedsmore Hall Services Ltd which follows the sale of its Park Hall Farm in December,” said Anna James, partner at Linder Myers Solicitors.
“The value of agricultural land continues to increase and we anticipate a significant amount of activity during 2014 following a busy 12 months in the region.”
Run as a commercial dairy farm until 2010, Rowe Farm was used as a satellite unit for young stock from Park Hall Farm three miles away. It comprised a substantial five bedroomed period farmhouse with adjoining gardens, 45,000 sq ft of farm buildings and 165 acres of livestock and arable land with road and canal frontage.
Halls’ director Allen Gittins, who handled the sale of both farms, said: “We are delighted that the sale of Rowe Farm has now been completed. The farm was part of one of the most important agricultural estates to become available in Shropshire for many years.
“The market for farms and agricultural land in Shropshire and Mid Wales remains extremely buoyant and any farmer thinking of selling in the current market would be pleasantly surprised by the level of interest their property would generate.”