Time is running out to put in a bid for £2.5m NI dairy farm

Time is running out for potential purchasers to put in an offer on a £2.5m dairy farm in Co Tyrone.

Cavandarragh farm near Castlederg, which went on the market during the summer time, has been dscribed as the most substantial dairy farm to be offered for sale in Northern Ireland in the last decade.

The closing date for offers is Tuesday, 19th Ocober 2021.

Lot prices range from £65,000 to £2.5m.

Cavandarragh farm runs to about 317 acres (128 hectares) in total with a fully-equipped, modern dairy complex with 40:40 parlour and 370 cubicles. There is a 5-bedroom modern house with excellent views and productive land in a contiguous block with excellent infrastructure.

The key feature of the farm is the land, which includes about 298 acres of ploughable ground. The farm was a winner of the Northern Ireland Silage Growing competition for four years in succession and has grown potatoes, maize, fodder beet, winter wheat and spring barley. It lies within a contiguous block and can be easily accessed from a number of public roads and an extensive network of internal farm roads and cow tracks. The current owners have made substantial investment and improvements to the land in recent years, in particular to the internal road network, fencing, drainage, water supply and reseeding. Regarded as an “early” farm, the dairy herd is typically turned out to grass at the beginning of March until mid-November.

The extensive farm buildings are also a notable aspect of the farm. With winter accommodation for about 750 head of cattle and about 370 cubicles, the farm buildings include ample underground slurry storage and winter fodder storage, plus a 40:40 rapid-exit parlour.

The farm includes a beautiful farmhouse of modern construction which is laid out in generous and elegant proportions and occupies an elevated position in the heart of the farm with far-reaching views.

A site with planning permission and a derelict house provide opportunities to create additional residential accommodation.

Three biomass boilers have been installed at the farm and planning permission to construct an anaerobic digester was previously granted but has since lapsed.

The Entitlements to the Basic Payment Scheme are owned and are included in the sale.

James Butler, Head of Country Agency at Savills (028 9026 7820) comments: 2Cavandarragh Farm offers the extremely rare opportunity to purchase a dairy farm in excess of 300 acres which lies in a contiguous block. Given the range of assets at the farm and the capacity to run a large-scale dairy enterprise, I anticipate interest to come from farmers and agri-businesses based both

locally and further afield.”

According to Keith Pollock of Pollock Estate Agency (028 8224 5440): “Offering the land for sale in lots, ranging in size from 20 acre to 183 acres, will present local farmers with a variety of options to acquire additional land, while there are also opportunities for residential buyers to purchase a small-holding.”