Yorkshire farms attract strong interest

A North Yorkshire milk producer beat off strong interest from English and Irish farmers to buy a nearby 311-acre dairy unit at private auction last week.

Charity Farm at Thornton le Dale, near Pickering, was launched by local agent Robin Jessop at the beginning of July. It can handle 200 cows and comes with five-bed house and two agriculturally tied cottages.

‘Clean and fair’

Mr Jessop said he and the vendor had decided to hold the private auction because it was the cleanest and fairest way of finding a buyer. “A lot of farmers don’t like best-and-final offers where they’re shooting in the dark.

“We wrote to those who had expressed an interest and invited those who were prepared to pay the £2m guide price to come to the auction. Of those five came,” he said.

Good money

All those who attended were farmers, said Mr Jessop. The successful bidder paid £2m and bought the farm for his two sons.

Another property in the county made also made good money when it was publicly auctioned on 8 August by Mr Jessop.

Holme Farm at Galphay, near Ripon, made £1.37m when the 47-acre smallholding was sold in six lots. The five-bed house and 32 acres were bought for £1.19m by a lifestyle buyer who planned to rear Suffolk sheep.