Wine lovers chance to own a vineyard for £700K

When In Rome: Explore Donatella Martincigh's vineyard

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Compete with the likes of Bordeaux and Champagne by purchasing this £700K award-winning vineyard, near Grimsby.

Nestled in North Lincolnshire between Scunthorpe and Grimsby the Somerby Vineyards in Barnetby is planted with over 9,000 vines and a winery that can produce 20,000 litres.

Pinot Noir, Solaris and Rondo varieties grace the grounds of the property that also has the potential for an additional planting of 3,000 more vines.

Sellers describe the sale of an established vineyard as a “rare” and it could be a good time to enter the buoyant British wine making industry.

According to The Times, Wines of Great Britain, the industry trade body, estimated the UK’s production grew from 5.31 million bottles in 2017 to 8.95 million bottles last year, a 69 per cent rise.

Henry King, farm agent at Savills in Lincoln, told Lincolnshire Live: “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.”

Opportunities for the site include building glamping pods, construction of a formal tasting room, a picnic within the vines, and a cafe.

Somerby stocks wines in several retail stores throughout the UK and has picked up awards at the United Kingdom Vineyard Association (UKVA) and the International Wine Challenge (IWC) competitions.

Somerby Vineyards has won several awards under the existing owner and management over the last few years and produced a variety of wines including sparkling wine.

The site also potential for investors to rent a further 2.5 acres of additional land planted with 1,500 vines, subject to negotiations.

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