Leasing land

MFdaveIreland

What would you expect to pay for long term lease / year,

Say 25 acres with yard in need of repair

loveta

How long is a piece of string??
Location, land type, recently reseeded, ect ect more details please.......

MFdaveIreland

How long is a piece of string??
Location, land type, recently reseeded, ect ect more details please.......

Understandable. County Down, perfectly flat land at sea level, generally bone dry all year round.

not reseeded or properly looked after in a long time, only cut for silage, id assume poor N:P:K status

few sheds useful, with some needing a new roof pretty soon,

2 average sized silos and slurry pit, as i said in poor state of repair and would need a right tidy up and a fair while spent clearing overgrown weeds/nettle/etc etc.

A ball park figure is all i was after, just thinking that a long term lease may inspire a reduction in annual rent,

eg average rent up here is around £100/acre,

1chippy

theres an ejit for everythingTheres a piece that i would call bad land round here that went nearly 260 an acre thhere earlier in the year. What its worth only you can say. its you that has to make it work.

MFdaveIreland

Yep, Spud men pushing prices to unrealistic figures, followed by big farmers also.

1chippy

MFdaveIreland wrote: »

Yep, Spud men pushing prices to unrealistic figures, followed by big farmers also.

This is a part time suckler farmer that paid that. I personally wouldnt like to pay anywhere near 200 unless it was exceptional land. but then again im suckling . you need to sit down and work out what your currently making per acre. work out what sort of profit you would be happy with and then see whether its justifiable or not to lease it.

Bactidiaryl

1chippy wrote: »

This is a part time suckler farmer that paid that. I personally wouldnt like to pay anywhere near 200 unless it was exceptional land. but then again im suckling . you need to sit down and work out what your currently making per acre. work out what sort of profit you would be happy with and then see whether its justifiable or not to lease it.

Suckler farmer probably used some of his big SPF.

reilig

Bactidiaryl wrote: »

Suckler farmer probably used some of his big SPF.

Those ould suckler farmers are minting it with the big SFP's they're getting

td5man

reilig wrote: »

Those ould suckler farmers are minting it with the big SFP's they're getting

Poor dairy farmer wouldnt have a look in with them

loveta

MFdaveIreland wrote: »

How long is a piece of string??
Location, land type, recently reseeded, ect ect more details please.......

Understandable. County Down, perfectly flat land at sea level, generally bone dry all year round.

not reseeded or properly looked after in a long time, only cut for silage, id assume poor N:P:K status

few sheds useful, with some needing a new roof pretty soon,

2 average sized silos and slurry pit, as i said in poor state of repair and would need a right tidy up and a fair while spent clearing overgrown weeds/nettle/etc etc

A ball park figure is all i was after, just thinking that a long term lease may inspire a reduction in annual rent,

eg average rent up here is around £100/acre,

Sounds like good land but as the guys were saying in previous posts there, you could get a guy that would pay silly money but £100 sterling sounds fair enough money to be paying personally i would not pay more than 130 euro for land unless it joined the main block and i like to get it for a "min" of 5yrs as to be able to plan and prob reseed to as to get the best out of it