A wonderful opportunity has come up to take on the tenancy of a substantial farm in Mid Devon. Stags is offering Haske and Bradley Farms, Shobrooke, Crediton, Devon to let on a 10-year Farm Business Tenancy. The farms extend to approximately 373 acres of primarily Grade 2 and 3 arable land and, either separately or combined, present an enticing prospect for existing farmers to expand on current enterprises or indeed for new entrants to build a business.
Lydia Cox of Stags says: “The land is coupled with two ranges of useful modern farm buildings, which include a 1,400-tonne capacity for grain storage with drying facilities. This is valuable for a holding of this size, as being able to dry grain on site and have the flexibility to sell it at the most appropriate time without incurring storage charges helps to improve profitability.”
With the owners retiring, this rare opportunity is available as a whole or in two lots with Haske Farm extending to 145 acres and Bradley Farm to 228 acres. The two farms are currently farmed by the owners and run together as an arable unit using minimal tilling and direct drilling. It is hoped that the prospective tenant will continue to farm in the same manner.
While the owners are offering a 10-year Farm Business Tenancy, this will come with three-yearly rent reviews, which will help give protection to both parties as the future level of farm subsidies is likely to change in a post-Brexit world. The Basic Payment Scheme entitlements will be transferred to the successful applicant or applicants and tenders are expected on this basis.
If you would like to obtain further information or attend one of the viewing days, please contact Lydia Cox or Alex Rew of Stags, Tiverton on 01884 235 701 or email email@example.com.