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WESTCOUNTRY FARMER: Demand remains high for agricultural land

By Western Morning News  |  Posted: March 19, 2014

WESTCOUNTRY FARMER: Demand remains high for agricultural land

Stuart Hext, senior partner with Luscombe Maye Estate Agents.

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Stuart Hext, senior partner with Luscombe Maye, sees positivity in the current agricultural property market.

The agricultural land market has soared over the past decade and demand remains high for farms, smallholdings and land of all shapes and sizes. Luscombe Maye has traditionally been known for the sale of rural property across the South Hams region, stretching into parts of Cornwall and Mid Devon with the firm’s profile increasing across the Westcountry.

The breadth and depth of knowledge and experience across the firm means we can provide an all-round service whether you are looking to buy or sell. Members of Luscombe Maye can assist with a number of rural property matters including rural planning, strategic development sites, tenancy matters, preliminary taxation planning and more, so whatever your situation we can offer a smooth transaction.

Our farms, smallholdings and land department holds a database of potential purchasers, which is continually growing as our reputation for offering a wide selection of property reaches further across the Westcountry.

Luscombe Maye is at the forefront of the region’s property market, our team conducted the successful sale of Lowerdale Farm at Woodleigh in autumn 2013, likely the only farm of a substantial size sold in the South Hams region last year. Whole farms are a rare occurrence on the market and we received a lot of interest in Lowerdale, which sold in excess of the guide price. Colmer Farm at California Cross was also sold last year, divided into lots, together with several smaller blocks of land for commercial farming.

Luscombe Maye has let several pieces of farmland from Wembury across to Dartmouth and we continue to see strong demand from farmers and landowners looking to expand their enterprises, agricultural land remains a solid investment with good levels of rent paid. Luscombe Maye is continually looking for land to be let to satisfy demand.

Our farms, smallholdings and land department is headed up by Stuart Hext MRICS FAAV who, having joined Luscombe Maye over 20 years ago, is now the firm’s senior partner, Stuart is based in Kingsbridge but assisted by the other five offices, strategically located across the South Devon area.

If we can be of any assistance, whether you are looking to buy or sell, please do not hesitate to contact us. Drop into any of our offices or contact Stuart via phone 01548 857474 or email stuart.hext@luscombemaye.com

FARMER'S DAUGHTER LUCY WINS TOP MARKS

Since joining Luscombe Maye in 2011, farmer’s daughter Lucy Toop been working within the Rural professionals department, currently alongside Charles Wreford-Brown in the firm’s South Brent office.

Lucy, from Devon, has been striving towards becoming a qualified member of the Central Association of Agricultural Valuers (CAAV) and she recently passed her CAAV exams with flying colours, achieving the highest overall marks in the Western Counties and Cornish Examination Group.

The outstanding results achieved by Lucy followed in the footsteps of fellow Luscombe Maye surveyor Claire Hoyte MRICS FAAV, who also achieved some of the highest marks both regionally and nationally in 2012.

Already a busy girl, Lucy is also finishing her degree with the College of Estate Management which will in turn allow her to qualify as a Chartered Surveyor. Outside the office Lucy likes to help on the family farm as much as possible, and is a keen member of her local Young Farmers’ Club having been involved in a number of events and competitions including stock-judging and public speaking.

The rural professionals team is continually growing and able to assist with a variety of rural issues across the South West, including valuations, rural planning, landlord and tenant matters, rural property sales and auctions, compulsory purchase and compensation claims, SPS claims, grant applications, title plans, mapping, farm dispersal sales and much more.

If you have a rural property problem of any sort and would like to get in touch then please call one of the agricultural offices at Kingsbridge, South Brent or Totnes and you will be directed you to

the most appropriate member of our team.

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