Pioneering Perthshire farm on the market proving popular post lockdown

An excellent opportunity to purchase an amenity farm extending to over 60 hectares, which was instrumental in introducing biomass energy to businesses in Perthshire, is now on the market for offers over £1,500,000.

Whitebank Farm, near Methven, comes with a well-presented 300-year-old farmhouse, substantial office accommodation, a range of farm buildings and sporting rights. Also available is a detached cottage, which could be converted into a holiday cottage offering prospective buyers an additional income.

Already receiving enquiries, agents Bell Ingram are predicting the farm will generate a lot of interest from farmers looking to diversify their business.

Originally farmed for livestock and cereals, Whitebank Farm operated a successful firewood business before introducing biomass facilities in 2004 after spotting the business opportunity that renewable energy could bring.

As the first in the area to install biomass facilities, Whitebank quickly became the model for businesses looking to take advantage of the emerging government grant support schemes.

The biomass boiler system continues to not only service the farmhouse, the cottage and the offices but also produces useful additional income.

Seller, Jamie Reith, said: “I inherited the farm and its firewood business from my father after he bought it in 1957. Firewood was more of a hobby for my father, however I decided to take it in a more commercial direction before introducing biomass in 2004, which really took off. There were so few people installing biomass facilities at the time and very few companies able to install them, so Whitebank became the prototype for businesses in the area which received great support from the community.”

There is the opportunity to purchase the farm as one or two lots. Lot one, which is welcoming offers over £1,100,000, contains the traditional two storey farmhouse with four bedrooms, detached cottage with two bedrooms, steading with substantial independent office accommodation; a range of farm buildings and large yard; Biomass heating system; sporting rights and fields extending to about 21.79 hectares (53.85 acres).

Lot two welcomes offers over £400,000 and contains land extending to about 38.61 hectares (95.41 acres).

Head of Estate Agency at Bell Ingram, Carl Warden says: “From biomass, sporting rights and holiday cottage potential, Whitebank Farm presents an excellent opportunity for a buyer looking for a diversified business opportunity.

“We are delighted to see such great interest in Whitebank Farm as the first farm opportunity we have brought to the market since the reopening of the Scottish property market post lockdown. As rural estate agents, it is encouraging to see prospective buyers offering the asking price and above.

“If the appetite for rural property continues, we may well see more farms divided into separate lots for sale with the traditional farmhouse commanding bigger prices than before thanks to this increased interest in the residential elements of the farm.”

For more information or to arrange a viewing contact Carl Warden on 01738 621121 or email carl.warden@bellingram.co.uk.

Article posted on 16/07/2020

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