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Leasing a farm

  • 10-01-2008 4:10pm
    #1
    bridgegate
    Closed Accounts Posts: 1 ✭


    I am looking for some information about leasing out a farm.:confused:
    ie figuring out the rent amount, how does it evolve over the years, length of lease, responsibility of the owner and the rentor?
    How much for an acre?
    Buildings - dairy...
    How would the price be broken down?
    Interested in any ideas or links...
    thanks


Comments

  • #2
    annemarie13
    Registered Users, Registered Users 2 Posts: 74 ✭✭annemarie13


    no ideas.but thats a really good idea.thanks.


  • #3
    cycling is fun
    Registered Users, Registered Users 2 Posts: 237 ✭✭cycling is fun


    Hi am in the process of renting a farm my self l own the farm and am going to rent it out l was advised that you can get 150 euro per acre depending on how good the ground is have farm buildings also but am not renting these out they would not fetch much l think if you have a slatted house with a yard you would may make good money even with this l think best think you can do is speak with teagus or a private farm advisior you could make more than 150 euro per acre if you rent to someone with horses also you should draw up a contract stating that rentor keeps everything in good condition as was when they started lease also insure that u do not rent to someone that does tillage as they may not reseed ground after which could leave u in a bit of a messy situation hope this helps


  • #4
    Elstemed
    Closed Accounts Posts: 24 ✭Elstemed


    good grassland and decent length of lease 150 per annum. the not renting it to a tillage farmer is nonsense. write it into a contract that land has to be put back into grass at end of period. also rent for more than one year, thus giving the farmer something to look after. if he has it for 5 years he will definately look after it better. also it is advantageous to the leaser (you) to rent for more than 7 years due to a tax right off introduced by gov a few years ago. Also the highest price client is not always the best one to have farming your land. Remember this!!!!!!!!!!!


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