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Slightly O/T - Any farmers about?


Stereo
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Surely got to be sheep at the moment, but nopt a good time to be buying into anything livestock wise with the prices of stock.

would agree that high income, low ground usage type enterprises would be the way to go, chickens, pigs, windfarms, etc but all depend on your farm location etc.

good luck anyhows.

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The rare breeds idea, and if the land is attractive and has good views, you could look into the Camping/Yurts/glamping idea with maybe a bit of farming 'experience' for kids/families.

There are loads of people camping and want the experience put the two together!??

 

Good luck, hope it works.

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I agree that you should buy it and get on with your new chosen life. You should know what is a fair price for your area (around here we are on £12k pa for grade 1 and £8k+ for anything else).

 

However I would not buy it if it created a debt that I had any doubt about servicing. A conservative business plan is they key to the decision but I do hope you can make it work.

 

Good Luck!

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I would love a small farm to run alongside my tree business, but I think to make it worthwhile even as a second business you would need 150 acres+ small packets of land are really attractive to city buyers who want a hobby farm. If the right thing comes up I'll buy it.

 

Its the same problem with woodlands, they are making silly money now as lifestyle buyers have pushed prices right up.

 

I would go for it, you could do all sorts of things to make it pay as others have said, but you will need to run your business alongside it to make a living. In time you could try and expand your acreage. It could be very tax efficient as "losses" on the farm could be offset against profits on your tree work.

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I would love a small farm to run alongside my tree business, but I think to make it worthwhile even as a second business you would need 150 acres+ small packets of land are really attractive to city buyers who want a hobby farm. If the right thing comes up I'll buy it.

 

Its the same problem with woodlands, they are making silly money now as lifestyle buyers have pushed prices right up.

 

I would go for it, you could do all sorts of things to make it pay as others have said, but you will need to run your business alongside it to make a living. In time you could try and expand your acreage. It could be very tax efficient as "losses" on the farm could be offset against profits on your tree work.

 

Good call - defo speak to your accountant first, don't give up the day job. Exciting times, good luck!

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Anyone know what single farm payments are worth on 64 acres and how much the entitlement is likely to cost?

 

How long is a piece of string? Try Strutt & Parker in Exeter. I think there is bloke there called Charles Huntington-Whitehead (do not quote me on this, it was a while ago I spoke to him!) who may be able to help.

 

Sam

Edited by Sam Thompson
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