What to charge for stables/fields rent

[VioletFlower]

I need to start getting a revenue quickly from my facilities, I was thinking rent stables and grazing to 1 owner with a few horses so not too many people coming and going through my property. Any ideas what I could charge for this?

3/4 stables , about 3/4 acres. Manege needs a bit of work but can be used for basics now. Lovely area with hacking. This is in Somerset.

Thanks

 

[popsdosh]

You may need PP and pay business rates so beware!! Rule of thumb though would be £20-25 box/week

 

[PorkChop]

I wouldn't, but £25 a week per box would be a reasonable price.

I would rent the fields for sheep grazing.

 

[JillA]

You may need PP and pay business rates so beware!!

What are the criteria?

 

[popsdosh]

What are the criteria?

If the original boxes were built as permitted development ie within the curtilage of a private residence for private use then you would need PP for a change of use. Business rates most likely will apply because it will no longer be a private yard but let commercially.

 

[JillA]

I suspect there are a lot of people doing just that - I'm curious to know where the information comes from, is it local or central government? If local then it might well vary from county to county, in their interpretation. Is there legislation in planning or taxation law?

 

[cowgirl16]

I need to start getting a revenue quickly from my facilities, I was thinking rent stables and grazing to 1 owner with a few horses so not too many people coming and going through my property. Any ideas what I could charge for this?

3/4 stables , about 3/4 acres. Manege needs a bit of work but can be used for basics now. Lovely area with hacking. This is in Somerset.



Thanks

Been looking for something like this for ever! Where in Somerset are you? Anywhere near Bath? Could you pm me please?

 

[VioletFlower]

No where near Bath I'm afraid - 1.5 hours away!

What sort of money would I get for sheep grazing?!

 

[popsdosh]

No where near Bath I'm afraid - 1.5 hours away!

What sort of money would I get for sheep grazing?!

Not as much as horses approx £250-£300 /year all in if it is 4 acres that is

 

[PorkChop]

No where near Bath I'm afraid - 1.5 hours away!

What sort of money would I get for sheep grazing?!

Not as much as horses, however they will be good for the ground rather than trashing it, and a lot less bother!

 

[JillA]

What sort of money would I get for sheep grazing?!

I'm getting £150 per acre per annum for cattle, but that is twice what the local agents said I could get. Bit late for this year but upland farmers are usually after winter sheep keep, depends if there are many hill farms close enough to be worth their while

 

[dozzie]

I need to start getting a revenue quickly from my facilities, I was thinking rent stables and grazing to 1 owner with a few horses so not too many people coming and going through my property. Any ideas what I could charge for this?

3/4 stables , about 3/4 acres. Manege needs a bit of work but can be used for basics now. Lovely area with hacking. This is in Somerset.

Thanks

Is it three quarters of an acre or 3 to 4 acres?

 

[VioletFlower]

3 to 4 acres.
Sheep is a no, I'm looking for a bit more income than that!

 

[popsdosh]

I'm getting £150 per acre per annum for cattle, but that is twice what the local agents said I could get. Bit late for this year but upland farmers are usually after winter sheep keep, depends if there are many hill farms close enough to be worth their while

Is the farmer claiming SFP then ? as that would be a little over £80/acre so could justify that figure. Round this way several estates pay us to put cattle on their land our biggest rent is £40/acre however we get the SFP the OP wont be in a position to get that either . Hill farmers want a hundred acres not 3 or 4 its not economic to mess around with.