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Tenant pays £1 rent guaranteed for 10 years

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A tenant farmer has taken over a 900-acre farm in North Wales for just £1 a year rent.

Tenant pays £1 rent guaranteed for 10 years The 10-year tenancy at Y Parc Farm in Great Orme, near Llandudno, was advertised by the National Trust at such a low rent because the 145 acre property with grazing rights over a further 720 acres, contains rare habitats and species.

When advertising the tenancy of the farm, which would cost more than £1 million to buy on the open market, the National Trust said: “We are looking for an individual with good farming experience, excellent shepherding skills and a genuine desire to make a difference for wildlife and nature through a dedicated focus on nature conservation and habitat management.

“You will also need to be a real ‘people’ person, and be enthusiastic about working with the many thousands of visitors to the Great Orme and all our key partners.”

New tenant Dan Jones will live at the property with wife Ceri and son Efan.

“I couldn’t quite believe it when I got the call to say I was successful. I was in shock,” said Mr Jones.

The National Trust has supplied the sheep to Mr Jones but any profit made by the family is theirs to keep.

Under the terms of the scheme, farming the Great Orme – a limestone headland jutting out into the Irish Sea – will require using traditional grazing techniques; moving the flock regularly from pasture to pasture so that the sheep keep the grass and thick vegetation in check.

“I’ll have to get the sheep used to the environment, used to me and being walked with dogs before I can release them on to the Great Orme,” said Mr Jones.

For more information, click on the link below

The Telegraph

Neil Jennings

Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.

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