I am wanting to put in a tender for a farm and need help as no idea what to put.

B

Brighter Times

Member

• Aug 10, 2021

• #1

I am wanting to put in a tender for a farm it has 370 acers but its well know to flood as a river is next to it. It has a 3 bed house and a 4 bb and farm buildings. No live stock comes with it. Can some one please help as estate agents don't care as long as its a good offer. Its between Shrewsbury and wales.

 

Highland Mule

Member

Livestock Farmer

Location

Scottish Highlands

• Aug 10, 2021

• #2

Brighter Times said:

I am wanting to put in a tender for a farm it has 370 acers but its well know to flood as a river is next to it. It has a 3 bed house and a 4 bb and farm buildings. No live stock comes with it. Can some one please help as estate agents don't care as long as its a good offer. Its between Shrewsbury and wales.

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Buy or rent? What is your business plan for it?

 

B

Brighter Times

Member

• Aug 10, 2021

• #3

It is to rent, to do horses mixed with holidaying a bit like a dude ranch.

 

B'o'B

Member

Arable Farmer

Location

Rutland

• Aug 10, 2021

• #4

Brighter Times said:

I am wanting to put in a tender for a farm it has 370 acers but its well know to flood as a river is next to it. It has a 3 bed house and a 4 bb and farm buildings. No live stock comes with it. Can some one please help as estate agents don't care as long as its a good offer. Its between Shrewsbury and wales.

Click to expand...

You first need to work out how much money you think you can make from the holding.
Then you need to work out how much of that money you can afford to give to the Landlord.
Then double check and see if you can live off what is left over.
Repeat the above for different realistic price extremes.

 

Highland Mule

Member

Livestock Farmer

Location

Scottish Highlands

• Aug 10, 2021

• #5

370 acres of horses . I'm not sure the owners would be up for that without a significant level of financial surety for inevitable repairs and with a large premium over farming - horses have a very negative effect on assets and I would not entertain them if it was my land being let out.

As before, do your business plan, work out what you can afford and pitch accordingly.

 

B

Brighter Times

Member

• Aug 10, 2021

• #6

B'o'B said:

You first need to work out how much money you think you can make from the holding.
Then you need to work out how much of that money you can afford to give to the Landlord.
Then double check and see if you can live off what is left over.
Repeat the above for different realistic price extremes.

Click to expand...

Thanks for that, my other half works very good job, plus I have a dependents BAE pension and we have income from breeding our 3 dogs as well so to strat with money will be put in to build it. Have you any idea please of how much

 

B'o'B

Member

Arable Farmer

Location

Rutland

• Aug 10, 2021

• #7

Brighter Times said:

Thanks for that, my other half works very good job, plus I have a dependents BAE pension and we have income from breeding our 3 dogs as well so to strat with money will be put in to build it. Have you any idea please of how much

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It sounds as if this is less of a business venture and more of a lifestyle choice.
As @Highland Mule points out the owners are likely (historically) to look less favorably on a horse/holiday venture compared to a more traditional livestock/arable model. Asking the landlord if they would even consider your proposal would be a decent place to start.

 

F

Formatted

Member

Livestock Farmer

• Aug 10, 2021

• #8

This will be the farm Balfours are advertising https://www.balfours.co.uk/lettings/land-lettings?view=property&id=5432:criggion-criggion-shrewsbury

 

Highland Mule

Member

Livestock Farmer

Location

Scottish Highlands

• Aug 10, 2021

• #9

B'o'B said:

It sounds as if this is less of a business venture and more of a lifestyle choice.
As @Highland Mule points out the owners are likely (historically) to look less favorably on a horse/holiday venture compared to a more traditional livestock/arable model. Asking the landlord if they would even consider your proposal would be a decent place to start.

Click to expand...

But as a guide price - would somewhere between £150 & £250 an acre be fair?

Edit - it's organic, I have no idea what difference that makes but probably puts the costs up.

 

C

Chris123

Member

Location

Shropshire

• Aug 10, 2021

• #10

How much money do you have in the bank? Divide that by the length of the tenancy then again by 370 will give you a price per acre then add another £150 an acre and you should get!

 

jackrussell101

Member

Mixed Farmer

• Aug 10, 2021

• #11

Brighter Times said:

I am wanting to put in a tender for a farm it has 370 acers but its well know to flood as a river is next to it. It has a 3 bed house and a 4 bb and farm buildings. No live stock comes with it. Can some one please help as estate agents don't care as long as its a good offer. Its between Shrewsbury and wales.

Click to expand...

£150 an acre

 

B

Brighter Times

Member

• Aug 10, 2021

• #12

Thanks, I have been told that they are looking for someone that knows farming as in growing and animals. So if anyone hears of a farm thats for cattle/crazing that for rent please advise. As well as horses I will have sheep and cows. looking for 100 to 250 acers. Thanks

 

Pieces_of_Eight

Member

• Aug 10, 2021

• #13

This sounds non-agricultural, so may require change of use planning?

Could the tender be limited to applicants whose operations are eligible for SFP?

Diversifying into "Staycations" is probably a good idea, but i'm not sure i'd gamble my whole business on it.

 

F

farmerm

Member

Location

Shropshire

• Aug 10, 2021

• #14

its a wind up right?

 

Slippery Slope

Member

Location

The dark side (of the Blackdown Hills)

• Aug 10, 2021

• #15

farmerm said:

its a wind up right?

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But it’s so easy- stuff just grows and you make loadsa money!

 

B

Brighter Times

Member

• Aug 10, 2021

• #16

Slippery Slope said:

But it’s so easy- stuff just grows and you make loadsa money!

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ha yer but you have to plant it then look after it then get it all in when ready lol Though could hire someone.

 

Bald Rick

Moderator

Livestock Farmer

Location

Anglesey

• Aug 10, 2021

• #17

Anyone else getting Old Vicarage flashbacks?

 

W

Wombat

Member

BASIS

Location

East yorks

• Aug 10, 2021

• #18

Any dairy farmers nearby? if so take what u think is a good rent an multiply by your shoe size

 

B

Brighter Times

Member

• Aug 10, 2021

• #19

Wombat said:

Any dairy farmers nearby? if so take what u think is a good rent an multiply by your shoe size

Click to expand...

Hay I just thought someone could help.

 

V

vantage

Member

Livestock Farmer

Location

Pembs

• Aug 10, 2021

• #20

Are all farms to rent 370 acres?