Business

Two Somerset broiler farms put up for sale for almost £5m

3rd April 2024

Millford Farm and Knaplock Poultry Farm in Somerset have been put on the market for almost £5,000,000.

The sale of the two rarely-available commercial poultry farms with a combined capacity of 240,000 birds is being overseen by national property consultancy Carter Jonas.

Millford Farm, located near Durleigh, Ledsham and Newthorpe, has a guide price of £2,600,000. It is fully equipped with a detached modern farmhouse and four poultry buildings, which have capacity for 119,000 birds.

The holding also has a biomass boiler, solar panels, and associated income from the Renewable Heat Incentives (RHI) and Feed-in Tariff (FiT) respectively. There is also consent for an additional fifth poultry building on the six-acre site.

Millford Farm

Carter Jonas partner, Jack Mitchell, said: “Millford Farm is situated at the foot of the Quantock Hills area of outstanding natural beauty, a short distance from the town of Bridgwater and the rural centre of North Petherton.

“Not only does this holding provide a fantastic opportunity for poultry farmers to grow their operations, but through the RHI and FiT they will gain additional income on top.”

The farm includes an 800kW biomass boiler, generating a Renewable Heat Incentive (RHI) payment of about £60,000 per annum. The payments are set to run until 2036.

There are also two 199kW biomass boilers that were installed in May 2014 and generate an RHI payment of circa £56,000, which are set to run until 2034.

The holding has a roof mounted 100kW solar array installed in 2018. The FiT payments are circa £6,000 per annum, plus cost savings on electricity, and run until 2038.

Knaplock Poultry Farm

Knaplock Poultry Farm, situated between the villages of Fiddington, Stogursey, and Combwich, has been put up for sale for £2,300,000.

The holding consists of a detached bungalow, a large office, and a double garage with a flat above. Together with five poultry buildings, it offers growing space for up to 121,000 birds.

The holding also has a biomass boiler, solar panels and associated income from the RHI and FiT respectively. There is also consent to replace the two remaining timber framed buildings with a new steel framed building, although the timber framed buildings are still in use. The entire site extends to 4.38 acres.

A 650kW boiler generates a RHI payment of circa £53,000 per annum, and there is also a 50kW solar array on the roof of one shed which was installed in 2015, earning around £6,000 per year.