National Trust ending tenancy

[Exmouth Man]

We have just been informed by the NT that they want to take in-hand all of the land we have and focus more on nature. We are tenants of the NT with a 100 acres of permanent pasture. We pay £2400/month rent and are completely up to date.
We were planning and investing in the next five years when we get told the NT want the land back. Don't think we really have any recourse as there's a break clause in the lease. So we are looking to take on another tenancy hopefully somewhere in the South West. Any advice or pointing in the right direction would be much appreciated. Cheers

 

[teslacoils]

At £288 an acre, how much do you want.....

 

[honeyend]

The NT have been telling members that they need to change, and cut costs, reducing staff. Well that another income stream they are losing.

 

[Y Fan Wen]

I feel faint!!!

 

[Swarfmonkey]

@honeyend If there's one thing the NT likes it's money. I suspect that the NT is thinking it'll be able to make more money from that land by way of ELMS (when it arrives) than they do from renting it to Exmouth Man.

 

[smj1]

Paying rent like that I cant see you struggling to get a tenancy. That is obscene unless there are a lot of buildings and a big house with it. Just keep looking around as there have been plenty over the few months and I would imagine there will be plenty more coming up

 

[Wooly]

Who pays £280 acre for permenant grass !?!

There must be a huge house included in that or some other diversity project ?


Good luck to the bean counters of the NT if they think farming it on their own will yield more.

 

[Formatted]

Good luck to the bean counters of the NT if they think farming it on their own will yield more.

Or they don't want the money and want to rewild it; mission statement for NT isn't about maximum return

 

[egbert]

We have just been informed by the NT that they want to take in-hand all of the land we have and focus more on nature. We are tenants of the NT with a 100 acres of permanent pasture. We pay £2400/month rent and are completely up to date.
We were planning and investing in the next five years when we get told the NT want the land back. Don't think we really have any recourse as there's a break clause in the lease. So we are looking to take on another tenancy hopefully somewhere in the South West. Any advice or pointing in the right direction would be much appreciated. Cheers

That £2400/month can't be per month year round can it?
Summer months?

None the less, you're not alone. They're steadily hoofing out all kinds of farmers in favour of hunny buggers.

There's an irony that they're evidently feeling the fiscal covid pinch, but at the same time steering land management away from earning potential.
(ELMs might be their saviour....but I think it's more a change of direction toward 'saving the whales' )

 

[The Seeker]

Say you would be happy to get out of that deal and then see what the say 288 per acre leaves nothing for you in my mind. offer someone els 200 for permeant pasture and i bet you get the ground. Sorry to hear all this.

 

[teslacoils]

Say you would be happy to get out of that deal and then see what the say 288 per acre leaves nothing for you in my mind. offer someone els 200 for permeant pasture and i bet you get the ground. Sorry to hear all this.

At £200/AC, how much do you want?

 

[thewalrus]

National trust have a £100million black hole!

rangers who work outside maintaining ground still on furlough to save money?!

should be taking 288 pounds for every acre they can!

 

[michael N123]

what are you grazing on 100acres of PP that pays back £2400 a month plus a wage machinary vets fuel Costs ect ect

 

[Exmouth Man]

what are you grazing on 100acres of PP that pays back £2400 a month plus a wage machinary vets fuel Costs ect ect

We have developed a BB and adapted part of the Farmhouse into a self catering apartment.

 

[Hampton]

We have developed a BB and adapted part of the Farmhouse into a self catering apartment.

Are they letting you keep that part?

 

[Exmouth Man]

Are they letting you keep that part?

Its up for discussion. We also host weddings on one field that is our main income and they don't want that to continue.

 

[Sid]

Know of a NT farm where they wanted to make it open access to the nearby new town with the tenants becoming park keepers.
Tenant said no ta. So they all parted company, house is let and farm land is "managed " in hand. Right cobblers I heard!

 

[beardface]

The bitter irony for NT is there push for rewilding could be there undoing. Given there current finances and the fact there actively trying to devalue there assets, combined with a potential Elms scheme disaster, could see the whole lot bought from under them for less than they paid/stole just to keep them afloat.