Sunday 27 May 2012
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30/03/2010 07:42:49
Strong demand for agricultural property at auction
An agricultural property comprising a bungalow, farm shop, farm buildings and 22 acres of pastureland sold for £488,000 at auction in Kidderminster.
The well located property, known as Grove Farm, Stanmore, Bridgnorth, attracted very competitive bidding before being sold to a local farmer at the auction held by auctioneers Halls at the Gainsborough House Hotel.
A 6.7-acre pasture field at Summerfield, near Kidderminster also went under the hammer, selling for an excellent figure of £77,000 - £11,494 per acre - after spirited bidding.
A third lot, a detached bungalow suitable for renovation in an attractive location at Woodcote, near Bromsgrove, did not find a buyer and is for sale by private treaty through Halls’ Kidderminster office.
Auctioneer Roger Sadler, a director of Halls, said the auction attracted keen interest and a full saleroom, which reflected a strong demand for agricultural property.
The well located property, known as Grove Farm, Stanmore, Bridgnorth, attracted very competitive bidding before being sold to a local farmer at the auction held by auctioneers Halls at the Gainsborough House Hotel.
A 6.7-acre pasture field at Summerfield, near Kidderminster also went under the hammer, selling for an excellent figure of £77,000 - £11,494 per acre - after spirited bidding.
A third lot, a detached bungalow suitable for renovation in an attractive location at Woodcote, near Bromsgrove, did not find a buyer and is for sale by private treaty through Halls’ Kidderminster office.
Auctioneer Roger Sadler, a director of Halls, said the auction attracted keen interest and a full saleroom, which reflected a strong demand for agricultural property.
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Farming items for Sale
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Massey Ferguson 6190 Dynashift - Ballyclare(GBP 17700)
Massey Ferguson 3120 - Chippenham(GBP 9300)
Massey Ferguson 390 2wd - Ballyclare(GBP 11640)
JOHN DEERE 5080 R - Carlisle(GBP 35940)
John Deere 7720 - Ormskirk(GBP 48850)
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