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Crown Estate re-letting programme set to boost rural businesses

 The Crown Estate is letting four farms on the open market, signalling a boost for rural businesses. The aim is to attract tenders from different types of farming business, maximising the economic potential of each property and attracting new entrants to farming. The leases, across three of The Crown Estate’s five Scottish rural estates, are a mixture of Limited Duration Tenancies (LDT) and Short Limited Duration Tenancies (SLDT). The Crown Estate is working to improve the configuration and viability of farms, helping to strengthen rural communities in Dumfries and Moray. The properties include:

• Lower Mill of Tynet, Fochabers Estate: 52 ha of arable and pasture and rough grazing on a 10 year limited duration tenancy

 • Achlichnie Farm, Ballindalloch, Glenlivet Estate: 206 ha arable pasture and rough grazing on a 10 year limited duration tenancy

 • Wamphraygate Farm, Applegirth Estate : 132 ha mainly grass  on a five year short limited duration tenancy

 • Saughtrees Farm, Applegirth Estate: 227 ha mainly grass on a five year short limited duration tenancies

 On the Applegirth Estate, the process of reconfiguring the farms will involve the sale of 239 ha of farmland at Pumplaburn, a well equipped dairy unit currently farmed as an arable and livestock enterprise. This will be the first sale of agricultural land on one of The Crown Estate’s Scottish estates for five years.

Alan Laidlaw, The Crown Estate’s Head of New Business Development for the rural estate, said: “We want to encourage new entrants with drive and innovation who can help boost the long-term viability of farming in these areas. We are keen to hear from those interested in a new opportunity, with details of how they are supported financially and in business terms”.

“However we have not restricted the lettings to new entrants as we believe that there are options within the lettings that will suit different types of farming business”.

 “This forms part of our wider effort to increase the numbers of new people coming into farming and rural businesses, supporting an important Scottish Government objective. It builds on a joint initiative we established last year with Scottish Land & Estates, NFU Scotland, and Forestry Commission to create opportunities of different types and develop ideas to make it easier for people to enter the sector.

 “We will work in partnership with the tenants, as we do across our estate, for the benefit of their businesses and the wider community. Recent examples include a joint project to install onsite solar panels to provide secure, affordable energy supply - and an investment of £1 million to rebuild snow-damaged buildings in Moray.” The Crown Estate currently has 17 LDTs and 29 SLDTs in place.

 Douglas McAdam, CEO of Scottish Land & Estates said: “Continuing the recent momentum from Buccleuch Estates, the Forestry Commission and some of our other member estates, The Crown Estate is to be commended for creating this suite of letting opportunities which is very much part of the ethos of the joint initiative we are developing to create new opportunities in the sector. Opportunities are available and we look forward to seeing some new generation farmers coming forward to grasp them.”

For more information on leasing Lower Mill of Tynet or Achlichnie Farm contact Smith Gore’s Fochabers office on 01343 823000, and for more information on leasing Wamphraygate or Saughtrees farms  - or acquiring Pumplaburn Farm contact their Dumfries office on 01387 263066.

 

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