An award winning vineyard and winery on the edge of the Lincolnshire Wolds has gone up for sale for just £700,000.
Looking towards Caistor where the Romans made wine 2000 years ago, Somerby is currently planted with 9,000 vines, the operation is capable of vinifying 20,000 litres and has made a name for itself in recent years, having picked up a string of coveted awards, including both the UKVA and IWC competitions.
The vines currently grown are Pinot Noir, Solaris and Rondo and there is the potential to expand the operation by planting up to 3,000 more vines. The vendor points out that, in addition to the opportunity to invest and expand within existing boundaries, there is also the potential to rent a further 2.5 acres of additional land planted with 1,500 vines, subject to negotiations. As such, a purchaser could increase production from 20,000 to 150,000 litres, should they wish.
Henry King, farm agent at Savills in Lincoln who is handling the sale, said: “It is very rare that such an established vineyard and winery is brought to the market, let alone one that has such good potential to be expanded and with the ability to produce and bottle on-site. With the future of UK viticulture looking rather exciting, the sale of Somerby represents a fantastic investment opportunity with the potential to further adapt or extend and create a supplementary revenue stream, such as glamping and winery tours, subject to the necessary consents.”
Somerby Vineyard and Winery is being sold by Savills.