Robbie260
Well-Known Member
Right So some opportunities have arisen local to me too help me get a start in farming possibly. One of the large farms in my area had come up for sale as a whole or in lots. One of the offerings is 12.99 acres of sheep quality grazing for deffinate possibly cattle if some of the smaller hardier breeds such as Galloway or highland. The ground is mainly grass pasture with some patches of braken/rushes spread around the area in small pockets and some small pockets of woodland. The land comes in at offers over £45,000, with an old delapidated dutch style barn already erected. The total site comes in at just over 5 hectares so it is big enough too allow you permitted development rights for agriculture.
One of the other offerings is appoximately 6 acers or 2.2 hectares roughly. It is a similar ground type though may be slightly drier as it is on a gental slope. There is a selection of sheep pens at the bottom of the feild. This is not big enough too come under agricultural permitted development rights so for any buildings planning permission would be rquired. This package comes in at offers over £10,000.
Idealy id buy both as they are right next too each other. But reality is i could probably only afford one. If i could pull this off the plan too start with would be too get some useable shed space too do some agricultural engineer work out of and some equipment restore or recomission for sale. To start with id probably rent out the grazing on a yearly lease, till i got my self a bit more organised so i could look after some live stock of my own. What would be a rough guide too the kind of rental income i could expect for the amount and type of pasture avalible. I will get a proper evaluation done before i buy but for now im just looking for a rough guide.
Also im wondering about agricultural finance i have heard a 40% deposit is required in most cases along with a buisness plan for this kind of purchase, i dont belive a personal loan from the bank would be allowed for a purchase like this. Would you guys be able too point me towards the best place too get more info on this.
One of the other offerings is appoximately 6 acers or 2.2 hectares roughly. It is a similar ground type though may be slightly drier as it is on a gental slope. There is a selection of sheep pens at the bottom of the feild. This is not big enough too come under agricultural permitted development rights so for any buildings planning permission would be rquired. This package comes in at offers over £10,000.
Idealy id buy both as they are right next too each other. But reality is i could probably only afford one. If i could pull this off the plan too start with would be too get some useable shed space too do some agricultural engineer work out of and some equipment restore or recomission for sale. To start with id probably rent out the grazing on a yearly lease, till i got my self a bit more organised so i could look after some live stock of my own. What would be a rough guide too the kind of rental income i could expect for the amount and type of pasture avalible. I will get a proper evaluation done before i buy but for now im just looking for a rough guide.
Also im wondering about agricultural finance i have heard a 40% deposit is required in most cases along with a buisness plan for this kind of purchase, i dont belive a personal loan from the bank would be allowed for a purchase like this. Would you guys be able too point me towards the best place too get more info on this.