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Bell Ingram has been instructed to sell the 115 acre Auchareoch Farm on the Isle of Arran - an amazing farming and sporting opportunity.
30Mar2010
‘Buy farmland and gold’ has been the recent advice of leading investment pundits, although City fund managers are more likely to buy something manageable and close to London whereas Auchareoch offers a more exciting opportunity for the more adventurous.
The UK price per acre of arable farmland has continued to rise, to eye watering highs in locations such as Ireland, despite the 20-25% drop in house prices, but there are still some great opportunities and Auchareoch is definitely one of them. The right, well managed farm will generally always turn a very agreeable yield for investors and speculators, but that’s not always why people buy farms; there are of course those who like the idea of farming; either to extend their ongoing farming venture or to satisfy a long-held yearning to contribute towards growing the Nation’s groceries production and Auchareoch Farm on Arran provides just that possibility in spades.
Bought by it’s current owner, Mr Morton Muirhead, in 2001 Auchareoch is a secluded and private residential and amenity farm, extending to some 115 acres. It enjoys an exceptional position with spectacular views to both the Kintyre Peninsula and Irish Shores. Mr Muirhead has spent a great deal of time and money on the property since 2001 and has managed it as a farming venture since its purchase. An islander since 1975 Mr Muirhead also has a charming herd of Dexter cattle.
Julian Clarke, land agent with Bell Ingram who is handling the sale said: ‘Auchareoch is just 2 hours from Glasgow door to door (30 minutes drive to the island ferry terminal at Brodick, followed by a 55 minute ferry journey (5 days/week) to Ardrossan and then a 30 minute drive to Glasgow) so it is very accessible. Mr Muirhead has put in two ponds and there is excellent sporting potential for stalking, pheasant, snipe and woodcock shooting, as well as trout fishing. The farmhouse is a modest three bedroom chalet style property, built in 2001 although not by the current owner and is easy to heat and light. The farm and house are off-grid and benefit from normal power supply thanks to Swiss technology by means of a Studer Inverter/Charger system with storage facilities. This lends itself to expansion into a fully renewable system incorporating turbine and solar equipment so it is entirely possible for the farm to be self sufficient using natural/renewable energy sources. There are also substantial and very modern farm buildings.
Auchareoch is on the market for offers over £350,000 and we fully expect a lot of interest for this very special property, this type of opportunity doesn’t come around very often at all.’