Interest in region’s farms to rent expected to remain high

23rd January 2019

As H&H Land and Property announce details of its First Farm Business Tenancy Opportunity of the year, the letting of the 100-acre Hole of Lyne farm near Carlisle, Thomas Armstrong, Associate Director and Chartered Surveyor, comments on the current level of interest for rented farms in Cumbria and gives some detailed background:

 

“Located at Roadhead, Hole of Lyne provides a rare opportunity for someone to take over the management of a ring-fenced Cumbrian upland stock-rearing farm with three-bedroom farmhouse and a range of traditional outbuildings.

 

Overall, the farm and buildings are in good order and the farm house is currently undergoing a programme of renovation.  All of the land is upland grazing and cropping land, lying within a ring fence. Historically, it has carried approximately 200 Scottish Blackface sheep and 10 Whitebred Shorthorn cattle and has been managed with an environmental focus. Included in the letting, and to be transferred to the successful tenant at no extra cost, are 40.05 ha. of Non-SDA Basic Payment Scheme Entitlements.

 

With the current Environmental Scheme ending at the termination of the current tenancy agreement, the landlord is keen to see the farm entered into a new Countryside Stewardship Mid/Higher Tier Scheme, or managed in an environmentally sensitive manner, going forward.”

 

Hole of Lyne is available to rent as a whole, under a 10-year Farm Business Tenancy commencing on the 1st May 2019, through the Carlisle Office of H&H Land and Property.

 

Commenting further, Thomas said:

 

“Interest from new entrants and younger farmers looking to get started on the farming ladder remains very high. I know that these individuals are ambitious and determined, and I have no doubt we will see strong interest from this sector of the market, particularly as this holding requires no ingoing payment, includes a house and a range of traditional outbuildings.

 

So my advice to anyone that is interested is to ensure you visit the farm on the set viewings days detailed within the letting particulars, establish the potential, and submit a detailed business plan with an emphasis on environmental management practices as specified by the landlord.”

 

Tender forms for Hole of Lyne should be submitted to H&H Land and Property Limited, Borderway, Rosehill, Carlisle, CA1 2RS no later than 12.00 noon on Wednesday 22nd March 2019. Informal interviews will be held on 27th and 28th March 2019 to discuss the proposed farming system with the landlord.

 

Further details, and tender forms  are available through the Carlisle Office of H&H Land and Property Limited, Borderway, Rosehill, Carlisle, Cumbria CA1 2RS

T: 01228 406260  E: info@hhland.co.uk