Darren L
New User
I wonder if any users can help me with my dilemma.
I have the opportunity to purchase 2 acres of level grazing land with 3 permanent stables and water in the South West of England. The hitch is that it can only be used for 9 months of the year from March to November inclusive. I am not looking at using the land myself (at least in the next 5 years) but am looking to rent it out. My concern is that there will not be much of a market for a 9 month rental as the horses will have to be moved elsewhere for the winter. Also, I would need to charge £150 pcm (or £50 pcm per horse/pony) to make it a viable purchase.
What do people think - do you think there would be a market for such a rental? I know it depends on other variables including what other yards are around the area, but any opinions would be most appreciated!
Thanks in advance.
I have the opportunity to purchase 2 acres of level grazing land with 3 permanent stables and water in the South West of England. The hitch is that it can only be used for 9 months of the year from March to November inclusive. I am not looking at using the land myself (at least in the next 5 years) but am looking to rent it out. My concern is that there will not be much of a market for a 9 month rental as the horses will have to be moved elsewhere for the winter. Also, I would need to charge £150 pcm (or £50 pcm per horse/pony) to make it a viable purchase.
What do people think - do you think there would be a market for such a rental? I know it depends on other variables including what other yards are around the area, but any opinions would be most appreciated!
Thanks in advance.