Major Farm Portfolio For Sale In Fife
CKD Galbraith has launched one of the largest portfolios of farms to the open market in one of Scotland’s agricultural heartlands.
Located in rural Fife, home to some of the most productive farmland in the country, this sale includes four substantial farms and a separate large country house.
The farms for sale include Pitlochie Farm, Easter Kilwhiss Farm, Balcanquhal Farm, Corston Mill Farm and Westfield of Pitlochie country house, all situated in the Howe of fife. The farms form part of CG Greig (Farms) Ltd which has been a family run business for the past 20 years, but some of the holdings having been under the same farm management for more than 30 years.
All are available for sale as a whole at offers over £14,295,000 or for sale as individual sales.
Duncan Barrie, partner at CKD Galbraith, said:
For such an outstanding portfolio of farms and accompanying farmhouses and buildings to come to the open market under one sale is unprecedented. Sold as one substantial portfolio this sale presents a very rare investment opportunity at a time when farmland prices continue to hold up well in most areas and reflecting the attraction of farmland as a stable investment.
However, sold as individual holdings this sale offers excellent prospects for a range of farmers keen to purchase a substantial farm in the highly productive agricultural region of Fife. Given the scale of offerings and the high reputation of each farming enterprise, there is sure to be strong demand from within the Scottish agricultural market as well as south of the border as Scottish farmland remains better value per acre than in other parts of the UK.
Pitlochie Farm is a renowned arable farm comprising two farming units of Nether and Upper Pitlochie and extending in total to approximately 305.23 hectares (754.22 acres), the majority being arable land with approximately 0.43 hectares (1.06 acres) of pasture land and 14.79 hectares (36.55 acres) of amenity woodland. The five-bedroom Pitlochie House lies at the centre of the principle farming enterprise at Nether Pitlochie, with two pairs of semi-detached cottages located near the main farm buildings, a further three-bedroom farmhouse of Upper Pitlochie and the three-bedroom Dairyman’s Cottage. There is also a range of modern and traditional farm buildings.
For sale as a whole at offers over £6,800,000 or in the following lots:
- Lot 1 – offers over £6,280,000 – Pitlochie House, Dairyman’s Cottage, Upper Pitlochie Farmhouse, excellent range of farm buildings at Nether and Upper Pitlochie, Approximately 305.00 hectares (753.66 acres) of highly productive grade 3(1) and 3(2) arable land, around 14.79 hectares (36.55 acres) of woodland as well as an established and challenging shoot including pheasant, partridges and occasional roe stalking.
- Lots 2, 3, 4 & 5 – offers over £130,000 per lot and each comprises one of the semi-detached two-bedroom cottages at Nether Pitlochie (lots 2 – 5 will not be sold prior to the sale of lot 1).
Easter Kilwhiss Farm is an excellent mixed commercial farming unit extending to approximately 289.21 hectares (714.64 acres) of predominantly grade 3(1) productive arable and pasture land, centred around a mix of vegetable, arable and livestock farming enterprises. The farm currently carries around 300 sucklers. There is an excellent range of modern and traditional farm buildings situated adjacent to the traditional five-bedroom Easter Kilwhiss Farmhouse. There is also a pair of semi-detached three-bedroom cottages. For sale as a whole at offers over £3,565,000.
Balcanquhal Farm is a highly productive self-contained organic livestock and arable farm with approximately 158.90 hectares (392.64 acres) of grade 3(1) and 3(2) organic registered arable and grassland laid out over 25 good sized enclosures. The farm is equipped with a high range of modern livestock buildings and a collection of traditional outbuildings. There are also several areas of amenity woodland. For sale as a whole at offers over £1,955,000.
Corston Mill Farm is a first class compact farm extending to 81.76 hectares (202.03 acres) of grade 3(1) and 3(2) arable land. This productive block of land is split into 20 enclosures and benefits from SEPA licences to extract water from the River Eden which flows through the farm, for irrigation purposes. This sale also offers scope to develop the semi-derelict stone farmhouse, steading, mill and two farm cottages each offering residential opportunities, subject to planning consent. For sale as a whole at offers over £1,200,000.
Westfield of Pitlochie is a traditional country house offering spacious family accommodation centre around a large and welcoming farmhouse kitchen, with five bedrooms, three public rooms and a delightful conservatory. In 1998 the house was renovated with the drawing room being sympathetically added to the west of the house complete with open fire and French doors to a patio area offering spectacular views of the gardens and the beautiful countryside beyond. Also included in the sale is a one bedroom cottage, converted steading including spacious office, a garage and a block of three stables. The land on the property extends to 13.13 hectares (32.45 acres) which provides paddocks and grazing land, with 9.44 hectares (23.33 acres) of productive arable land and grassland of predominately grade 3(2). For sale at offers over £775,000
Situated in the Howe of Fife, the farms benefit from highly productive and easily worked soils, well suited to intensive cropping and other versatile farming operations including livestock rearing, and with a history of producing high yields of an extensive range of crops.