Dairy Farm For Sale

On those figures £7,500,000 at 2.6% is £195,000 interest before paying anything back.
If it didnt need anything spending on it, and was set up for 700 cows **havent looked at set up, just see its 700 acres ** then you could with a good wind behind you and NO other borrowing make that work, but youd proably want a 30 year term to keep capital te payments low, because a bad year will be squeaky bum time
 

TomB

Member
Location
Wiltshire
If it didnt need anything spending on it, and was set up for 700 cows **havent looked at set up, just see its 700 acres ** then you could with a good wind behind you and NO other borrowing make that work, but youd proably want a 30 year term to keep capital te payments low, because a bad year will be squeaky bum time

About 350k/year at 2.6% and over 30 years. £500/cow. Might just be doable if you’re a top operator and can live off nothing. Would probably get easier over time with a bit of inflation. The bank would want you to have 40% equity any way so that would bring the payments down massively.
 
Or go intrest only
About 350k/year at 2.6% and over 30 years. £500/cow. Might just be doable if you’re a top operator and can live off nothing. Would probably get easier over time with a bit of inflation. The bank would want you to have 40% equity any way so that would bring the payments down massively.
Always gets easier with time.
 

Llmmm

Member
About 350k/year at 2.6% and over 30 years. £500/cow. Might just be doable if you’re a top operator and can live off nothing. Would probably get easier over time with a bit of inflation. The bank would want you to have 40% equity any way so that would bring the payments down massively.
So if you had 40% of the price why would you need the hassle or bother in buying the place theres far easier ways to make money
 

Llmmm

Member
Some people are turning a pretty penny in this job. Far easier ways im sure about, better ways i dunno.
Dairy farming is very risky to be in high debth if youre already well off you have the risk of milk price collapse animal disease outbreaks and bad weather ive seen many farms go bust that had high debts when milk price collapsed and weather was against them
 
Or go intrest only

Always gets easier with time.

Unless its value drops massively..

The Wigtownshire one that's been mentioned here and looks good value at 1.87m for 460 AC was also advertised in 2013 for 2.9m. I don't know if it got sold back then or if the last buyer just couldn't hack the rain and was willing to lose a million to see some sunshine again.
 

coomoo

Member
If it didnt need anything spending on it, and was set up for 700 cows **havent looked at set up, just see its 700 acres ** then you could with a good wind behind you and NO other borrowing make that work, but youd proably want a 30 year term to keep capital te payments low, because a bad year will be squeaky bum time
No idea what the arable side would contribute income wise but facilities for a 360 herd and parlours only 32/32. A lot of money to step up from a day 200 cow herd.
 

SFI - What % were you taking out of production?

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Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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