C & D Property Services offered a well equipped dairy farm
known as The Lake, Blackford, Carlisle, for sale by public auction
on Wednesday 22nd June within the Memorial Hall at Longtown.
The farm extends to about 146 acres (59 hectares) and
is situated in a good agricultural area about 4 miles to the
north east of Carlisle and Junction 44 on the M6 Motorway. The
sale included the entitlements to the Single Payment Scheme but
excluded the wholesale milk quota of 530,183 litres which was
available to purchase by separate negotiation. The property
was offered for sale in Four Lots and as a Whole and was eventually
sold as a Whole for £992,000 (£6,795 an acre) to
a purchaser from Northern Ireland. This was well in excess
of the auction guide of £825,000.
Lot 1 comprised of a three bedroomed farmhouse with adjoining
barn range, a good range of traditional buildings around the
original yard and a large range of modern dairy and livestock
buildings. These modern buildings included cubicles for
70, a 12/6 herringbone milking parlour, several cattle courts
and an excellent slurry handling and storage system including
a three ring slurry tower. There was also adjoining land
extending to 36.73 acres (14.86 hectares) and this Lot was bid
Lot 2 comprised of a good block of arable grassland of 59.87
acres (24.23 hectares), across the minor public road from Lot
1 and this was bid to £272,000 (£4,543 an acre). Lot
3 which comprised 14.88 acres (6.02 hectares) of sound grassland
with a small area of woodland adjoining Lot 1 was then bid to £70,000
(£4,704 an acre) and Lot 4, an area of grassland with a
small area of grazed wood, extending to 34.59 acres (14.00 hectares)
was bid to £151,000 (£4,365 an acre). The farm
was then offered as a whole when bidding started at £978,000
and increased to £992,000 before being sold at that figure.
This sale is further proof that the agricultural property market
is still very buoyant in this area, and despite the pressure
on farm incomes and profit margins, there is still plenty of
optimism for the future of diary and livestock farming from both
farmers as well as outside investors.
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