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Prime Arable Land Sale Leads The Way For 2015

After a wet autumn and a cold, frosty but relatively snowfree winter, the land market in the east of Scotland is showing early signs of spring with the launch of a prime arable unit near Laurencekirk.

Upper Coullie, Nether Coullie and land at Cairnton total about 385 acres of which nearly 70% are classified grade 2. The farm, which is available as a whole or in 4 lots, includes a modernised 4 bedroom house and useful, modern farm buildings.

Selling agent James Carnegy of CKD Galbraith describes the land as "top quality and very well farmed". It lies between 250 and 370 feet and enjoys both level and gently sloping, south facing aspects. It is suitable for potatoes, vegetables, cereals, daffodil bulbs, soft fruit and grass.

"The land market remained strong in 2014 with a number of eager buyers unable to secure farms." adds James Carnegy.

"This liquidity and a continuing shortage of good farms for sale are likely to underpin values in 2015. In this case we expect a wide range of buyers including local farmers, those from further afield including from south of the border, and investors."

The asking price for Upper Coullie - the whole is offers over 3.2 million with lots starting at offers over 275,000.