Demand Remains for Dairy Units
CKD Galbraith is continuing to experience strong demand for dairy farms across Scotland despite the price reductions in milk, with many existing dairy farmers seeking opportunities to expand both in terms of land area and herd size.
The sale of Lower Ballaird Farm, in Stirlingshire, offers the perfect opportunity to do exactly that. This 101.73 Ha (251.38 Acres) productive dairy farm is for sale as a whole or in five lots offering nearby farmers the option of extend or centralise their existing operations.
The sale includes a traditional five bedroom farmhouse, a dairy complex with housing for around 120 dairy cows, a modern five bedroom house with the potential to extend, a traditional two bedroom farm cottage and an attractive residential development plot.
Lower Ballaird Farm is available as a whole for offers over £2,175,000 or in five lots:
Lot 1: Offers Over £1,100,000
Lot 2: Offers Over £450,000
Lot 3: Offers Over £350,000
Lot 4: Offers Over £150,000
Lot 5: Offers Over £125,000
Demand currently outstrips supply given there a limited number of dairy farms like Lower Ballaird being brought to the open market. The lack of dairy farms being offered for sale has resulted in expanding operators opting to buy and convert beef and sheep units, or marginal arable farms, to dairy in recent years.
Several existing dairy units have also expanded through securing neighbouring farms in an effort centralised their land holdings often through off-the-market deals said Duncan Barrie, who has extensive experience in handling farms sales for CKD Galbraith. Duncan added:
“We have a number of clients on our books looking for equipped dairy units, land and buildings that can be used in conjunction with existing dairy enterprises and grassland farms that could be converted to dairy. We are also still experiencing a strong demand from Northern Ireland for good dairy units in Ayrshire, and both Central and South West of Scotland. Although the recent reduction in milk price doesn’t appear to be affecting levels of demand, a continued period of reduced income in the dairy industry can’t be ignored and will ultimately affect buyer’s finance serviceability therefore their purchase power and ability to expand. As a firm, CKD Galbraith has helped finance three considerable dairy purchases this year and has also financed conversions from beef to dairy. Values vary depending on area, fixed equipment, and land quality but good silage land in the South West for example has ranged between £4500 /acre to £6000/ac for use in dairying."
The firm currently has several other farms on the market suitable to purchase for dairy use:
Muirston Farm is an attractive stock farm located in an accessible part of East Ayrshire. There is about 156.50 Ha (386.71 Acres) which is for sale as whole or in three lots:
Lot 1 includes a traditional three bedroom farmhouse and a range of modern, traditional steading buildings and approximately 108.64 Ha (268.45 Acres). Lot 1 is available for offers over £1,150,000.
Lot 2 comprises of approximately 21.51 Ha (53.15 acres) of Grade 4 (2) land over two field enclosures. Lot 2 is available for offers over £185,000.
Lot 3 includes about 26.35 Ha (65.11 acres) of Grade 4 (1) land over three field enclosures. Lot 3 is available for offers over £240,000.
Muirston Farm is available as a whole for offers over £1,575,000.
Clydeside Farm is an outstanding mixed farm in rural Lanarkshire which would also be ideal for a dairy conversion. There is approximately 184.99 Ha (457.10 Acres) in total which is for sale as a whole or in three lots:
Lot 1 included a traditional four-bed farmhouse, three modern holiday cottages, an excellent range of modern farm buildings and around 106.58 Ha (263.36 Acres) of productive grade 3 and 4 arable and silage ground. Lot 1 is available for offers over £1,850,000.
Lot 2 comprises of 78.39 Ha (193.70 Acres) of silage ground, permanent pasture and a small area amenity woodlands. Lot 2 is available for offers over £400,000.
Lot 3 is an EE Ltd telecom mast. Lot 3 is available for offers over £40,000.
Clydeside Farm is available as a whole for offers over £2,290,000