12 Neglected Acres - Horse Grazing ?

[Lakes Nash]

The guy wants top buck, least work as poss in its present state, someone buy him a lottery ticket! Ffs

 

[Adamo]

Someone failed English comprehension...

I've merely said what one group will pay and then what I've been offered and asked for options

 

[Doing it for the kids]

Where are you based?

I’d send a 360 in with tree shears in September and have a few bonfires. You will reclaim half an acre!

 

[Bongodog]

If there is a genuine chance of building in the future you want to get the hedges cut back and the land in agricultural use asap. if the area does get developed the person owning the land with an exisitng leisure use or the perswon whos eland has potential to be the nature reserve for the development will be the person missing out. . You've been offered £1500 a year that you didn't used to get for zero outlay and effort on your part, count your blessings.

 

[Spencer]

Get some suckler cows..

 

[Farmer_Joe]

If it’s honestly worth 25k an acre I would sell it, you can’t spend money when your dead and I never lived my life relying on a windfall upon my parents death!

Enjoy the money and time with children now

 

[Adamo]

Dad sold adjoining land for £10k / ac 10+ years ago, which recently re-sold for £25k / ac because nearby land is about to be developed

It was his wish to keep the remaining land until it could be sold for development for the benefit of future generations

So that's the current plan

 

[Spencer]

Dad sold adjoining land for £10k / ac 10+ years ago, which recently re-sold for £25k / ac because nearby land is about to be developed

It was his wish to keep the remaining land until it could be sold for development for the benefit of future generations

So that's the current plan

Just sell with a clause.. ?

 

[Doing it for the kids]

Dad sold adjoining land for £10k / ac 10+ years ago, which recently re-sold for £25k / ac because nearby land is about to be developed

It was his wish to keep the remaining land until it could be sold for development for the benefit of future generations

So that's the current plan

Sounds like your two phases away though so it could be a 20+ yr plan.

If funds allow I’d renovate now and sit back and manage. In it for the long haul, which owning land always is.

 

[curlietailz]

Good luck with getting planning permission for that. Presumably it’s zoned/ designated as agricultural land at the moment so anything different will need approval.

I pay far less for far more.

I thought this came under the 28 day permitted development
28 days is 14 weekends in the summer ?

 

[Lazy Sod]

I think that it used to be a 14 day rule for motor sport.

 

[Doing it for the kids]

I thought this came under the 28 day permitted development
28 days is 14 weekends in the summer ?

It is but just because you can do something doesn’t mean to say it’s a good idea too.

Motor cross is I believe particularly anti neighbour

 

[Farmer_Joe]

Just sell with a clause.. ?

Exactly sell with 50% uplift clause job done live for Today with some cash and some for future generation ‘if’ it gets developed

 

[Kidds]

The problem with leaving things to future generations is you have no idea if it will benefit them at all.
They could simply be incapable of realising the asset and the only ones to benefit are the lawyers, agents and developers. A local family I know have been left a farm between several siblings, there is enough to set them all up for life yet they cannot agree how to proceed and have all fallen out when before they were quite close. The way it is going they will not get the full benefit by a very long way.
They could be the sort of people that a lump sum would be a disaster to, I know plenty that have splashed out, lost the lot in no time and not all of them came away from things still breathing.
It is all very good giving such a gift but you have no control on hw it gets spent.
If you are intent on benefitting the future generations sell for as much as you can get and have an overage clause on the land

 

[designanddetail]

Get it sold now for £300k+ who knows what will happen in the next 25 years while you sit there waiting for possible planning. if you got it in a vanguard or something giving an average of 8% compounded gets you £2million in 25 years

 

[Adamo]

We sold the other land with an uplift but I wonder whether its enforcible

Its circa £2m an acre if developed and the land over the road is now zoned as is land 2 fields away so it seems silly to risk so much

We're not wealthy but not hard up either

Thinking along the lines of a trust paying out £20k a year each, rather than a lump sum

But we're moving off the point and I think just get a farmer to stick something on there to keep it down - sheep ?

Do I need a grazing license or something to prevent a problem later ?

 

[flowerpot]

Leaving land/property to children/grandchildren in joint names is a nightmare. So you have 6 grandchildren inheriting a possible building site. Who does the work/puts in the money to apply. One will always say they don't want to do it, the other says they haven't any money to put towards the expenses, one is desperate for the money and wants to press on but they don't want to spend any money on professional advice. The others look on in despair and don't know whose side to be on.

I've just seen some land for sale with an uplift clause for 40 years.

Get it in agricultural use, then get some professional advice.

 

[Kate L]

I rent 10 acres for 120 an acre per year so 1200 quid .

I hope you don’t mind me jumping in on this post. Where is the best place to look if we are hoping to rent some land for private use for motocross i.e just for our kids who ride? Only after a couple of acres.

 

[Doing it for the kids]

I hope you don’t mind me jumping in on this post. Where is the best place to look if we are hoping to rent some land for private use for motocross i.e just for our kids who ride? Only after a couple of acres.

I’d almost not bother. They upset the locals so much. The hassle just isn’t worth it to most farmers unless you are willing to pay a sum not relative to the fun you would have.

I’d invest elsewhere and find your closest established site. Not what you want to hear I’m afraid.

 

[thorpe]

We sold the other land with an uplift but I wonder whether its enforcible

Its circa £2m an acre if developed and the land over the road is now zoned as is land 2 fields away so it seems silly to risk so much

We're not wealthy but not hard up either

Thinking along the lines of a trust paying out £20k a year each, rather than a lump sum

But we're moving off the point and I think just get a farmer to stick something on there to keep it down - sheep ?

Do I need a grazing license or something to prevent a problem later ?

2 mill an acre that must be super prime!