Former cannabis farm to be auctioned

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A farm which hit the headlines after hundreds of cannabis plants worth millions of pounds were discovered there has gone on the market.

Nine men were jailed in March for a combined total of 43 years following the discovery at the farm near Castle Bytham.

The plants had an annual yield of about £2.75m. Police uncovered the complex set-up in September last year.

Lincoln-based property consultancy firm JHWalter has been instructed by the receivers Rod Weston and Guy Hollander of accountancy firm Mazars to sell the 43 acre holding.

It includes 52,000 sq ft of duck sheds and a potential anaerobic digester site, grassland, and a bungalow with an agricultural tie, stable block, together with a range of general purpose buildings.

The sale has two lots, which are offered as a whole or separately.

The first is a bungalow with stables and the general purpose buildings spread over 10 acres, which has a guide price of £450,000.

The second is the duck sheds with 33 acres. Part of the site had been planned for an anaerobic digester, which turns green waste into energy, but a planning application was withdrawn.

The guide price for the second lot is £525,000.

Some of the buildings had been fitted out for the drugs operation.

Charles Alexander, from JHWalter, said: “Although the gross margin was eye watering, it was illegal.

“The property offers a range of legal possibilities, some of which may need planning permission and we expect it to attract local and national interest.”

To find out more about the property call JHWalter on 01522 526526