Financial Times FT.com

Price tag of £25m for large farmland sale

By Daniel Thomas, Property Correspondent

Published: June 8 2009 01:34 | Last updated: June 8 2009 01:34

The largest farmland sale this year is in prospect as Earl Compton, heir apparent to the Marquess of Northampton, is to market his 3,000-acre Surrey estate.

The estate, 18 miles from the City of London, will have a price tag of around £25m ($40m). Savills, the selling agent, said it had been instructed “in order to take advantage of investment opportunities elsewhere”. The estate was bought in the early 1940s by the earl’s family.

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