Commercial Scale Free Range Egg Unit For Sale

[midlandslad]

4 bedroom Farm for sale in York

A state of the art 64,000 bird free-range egg unit, two cottages with planning permission to extend and traditional buildings with planning potential to convert into four residential units. In all, approximately 261.56 acres (105.85 hectares).

georgefwhite.co.uk

 

[R J]

Hmmm , what happened here then , I believe this farm was built by vencomatic UK's owner to showcase their equipment and offer tours and be the "northern poultry campus "
Read about it in the poultry press a couple of years ago

 

[midlandslad]

Retirement we are told according to FW.

 

[Daniel]

Seven million!!

 

[teslacoils]

Seven million!!

Nice block of land. Houses. Nice area. No footpaths.

 

[Nearly]

@chickens and wheat
@DieselRob

 

[Daniel]

Nice block of land. Houses. Nice area. No footpaths.

About half its value is in the chicken sheds though which are rapidly depreciating and selling into a boom and bust market.

Hard to see any medium term uplift for the investor buyer.

 

[Daniel]

I think the site was run by Wot a Pullet and I heard this week that they sold out to Noble foods, so I presume this is an asset Noble are disposing of to help pay for the purchase?

Does anyone know if it sold?

 

[midlandslad]

I think the site was run by Wot a Pullet and I heard this week that they sold out to Noble foods, so I presume this is an asset Noble are disposing of to help pay for the purchase?

Does anyone know if it sold?

Still for sale on their website.

I think the site was only let to Wot a Pullet, but owned by the guy behind Vencomatic.

 

[henman]

wot egg rented it for a wile
I think it is owned buy the uk owner of venco uk who as retired

 

[TripleSix]

DR Furlongs spot?

 

[midlandslad]

Unsold I assume, surprising considering the money there is in the egg job at the moment

 

[Daniel]

Unsold I assume, surprising considering the money there is in the egg job at the moment

Even so, £7million for a 64k unit needs a lot more than 6 months of decent egg prices!

 

[GEMS]

website removed ? sold then ??

 

[mixedfarming6910]

Even so, £7million for a 64k unit needs a lot more than 6 months of decent egg prices!

Im not in the egg job myself but could you not get a sustainable long term contract, maybe not as good as current price but something that would give you a reasonable return without been to big of a risk?

 

[Daniel]

Im not in the egg job myself but could you not get a sustainable long term contract, maybe not as good as current price but something that would give you a reasonable return without been to big of a risk?

How long would you want to finance it over? Over 15 years at 7% interest you’d need to find £16/bird every flock to meet the repayments. I doubt anyone averaged more than £7/bird before finance over the last decade?

Obviously if it were on your doorstep you’d be doing all sorts of man-maths to try and justify it, but I can’t see it myself.