Agri-Shop Ltd
Farminguk
30 May 2016 | Online since 2003
Auto Trader Ltd


9 January 2014 07:20:47|Finance,News,Property News

Sale completed of £5 million Shropshire dairy farm


Country property specialists Halls have completed the sale of a well known dairy farm in North Shropshire, which was on the market for around £5 million.

The sale of Park Hall Farm, near Ellesmere, which was part of the 680-acre Park Hall Farm Estate, marketed with a guide price of £8.25 million, was completed on December 23 on behalf of Tedsmore Hall Services Ltd.

The new owner is a well known Shropshire farming family, who also purchased the milking portion of the farm’s dairy herd, which extended to around 260 cows.

The farm comprised the Park Hall farmhouse, around 390 acres of prime pastureland and a brand new, state-of-the-art dairy set up, which included a GEA computerised 18:36 herringbone milking parlour, cubicle shed for 124 (cubicles for 320 cattle in all), 65,000 square feet of modern farm buildings and a new dirty water disposal system with a 100,000 gallon lagoon and underground piping to various fields.

Halls’ director Allen Gittins, who handled the sale, said: “We were delighted to be instructed to sell Park Hall Farm on behalf of Tedsmore Hall Services Ltd. It was one of the most important farms to become available in Shropshire for many years and had been the subject of substantial investment in the previous 12 months.

“The high level of interest from potential purchasers from across the country was a tribute to the investment made in this quality farm. We also negotiated the sale of the milking portion of the dairy herd to the new owner and held a successful dispersal sale at Shrewsbury Auction Centre on December 20 of the 200 followers and farm implements, machinery and vehicles.”

The farm sale completed a very successful year for Halls who also conducted the auction of Red House Farm, Aberhafesp, Newtown for £6.35 million in August. These were the two biggest farms sold in Shropshire and Mid Wales during 2013.

“The market for farms and agricultural land in Shropshire and Mid Wales remains extremely buoyant and has never been better. This should give farmers and landowners great confidence if considering selling in 2014,” added Mr Gittins.

“Vendors have been very pleasantly surprised by the prices achieved for them during 2013 and this strong demand for farms and land looks set to continue for the forseeable future.”

Download





0 Comment


loginuserlogo
Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment

World News

Canada | 27 May 2016
Southern Ontario farmers launch their own weather network

Southern Ontario farmers are building their own weather network to more accurately record how conditions will affect their crops. The AG Grower Daily Dashboard project is designed to give farmers h...


Australia | 27 May 2016
National Australia sees farmers seeking loans to weather crisis

National Australia Bank Ltd., the nation’s largest lender to farmers, is expecting its dairy clients to seek short-term credit to assist them as slumping milk prices have thrown the industry into a cr...


USA | 27 May 2016
Central Indiana county approves livestock farm restrictions

A central Indiana county has approved new restrictions on big livestock farms limiting where those farms with hundreds or thousands of animals can be built. The ordinance approved this week by the ...


Ireland | 27 May 2016
Dairy farmers' income plight in spotlight

IFA president Joe Healy, who met with EU Agriculture Commissioner Phil Hogan in Brussels, said the majority of dairy farms will be in the red this month. He urged the Commissioner to act without de...


Canada | 27 May 2016
The changing face of Canada's farm industry

Mapping the evolution of Canada's farm industry is not as simple as just examining the numbers. Every five years, Canada's federal government asks us to provide details on who lives in our househol...



Trending Now

Viewed
Discussed

Farms and Land for sale

PropertyLocation
PropertyAgent
PropertyMinimumPrice
PropertyMaximumPrice
PropertyCategory

Holiday Rentals search

AccommodationKeyword
AccommodationType
AccommodationCounty
AccommodationStarRating


Top stories you may have missed
closeicon
Username
Password