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The disposal of Greens Norton Park and associated farm machinery

Project summary

  • Advise long standing client on the disposal of Greens Norton Park, Northamptonshire, comprising farmhouse, cottages, farm buildings and 470 acres
  • Advise on the planned disposal of remaining farm machinery following previous dispersal sale held in 2018

Solution

  • After initial discussions with all parties in early 2021, a Spring 2021 sale was proposed. This involved close liaison with clients, solicitors and accountants to ensure all the necessary preparation works prior to sale were undertaken
  • Detailed marketing proposal produced along with advice on value, lotting, tenancy and farming matters
  • High profile national marketing campaign undertaken with the property offered on the open market as a whole or in three lots. Guide price £7 million
  • Strong volume and range of viewings undertaken and bidding process completed
  • A good sale agreed and liaison with all parties generated a swift exchange of contracts and completion in September 2021
  • A successful online farm machinery auction completed once a sale had been agreed

Benefits

  • Positive final outcome for client who was able to tie in their onward purchase
  • Excellent communication from all involved minimised what was going to be an emotional and potentially stressful process
  • Client timescales achieved
  • Desired family purchaser who is going to carry on farming the land
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