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Insider UK
Business
Peter A Walker

Former Caledonian Seeds site comes to market for £6.5 million

New Keig and Kinstair Farms in Aberdeenshire have been brought to the market by Savills, at offers over £6.52m.

The farm holding is centred around an established grain seed processing and storage facility in the Donside region.

It comprises five agricultural units, which are farmed as a single arable enterprise, alongside a grain processing and storage facility, currently handling circa 4,000 tonnes of seed per annum.

Formerly known as Caledonian Seeds, Prospect Buildings forms a part of the current farming business, specialising in the processing, treatment and bagging of grain seed for regional and national agricultural merchants.

The area under crop extends to just over 1,000 acres of Class 3 land, consistently producing crops including oil seed rape, winter wheat, winter barley and spring barley for malting.

Cairncosh Farmhouse - which is currently undergoing renovation, set will be completed prior to a sale - is a single storey home with four bedrooms adjacent to the site of a former steading, which is now demolished and with planning permission for three new houses.

There are a number of traditional steadings and sites across the property.

Evelyn Channing, director of farms and estates for Savills, commented: “Prospect Buildings is a large scale modern grain facility with an established client base serving a significant area of Scotland.

“With an experienced workforce adding value to both home produced and imported seed, the outcome is a meaningful additional diversified income which will be attractive to many - as result we anticipate interest from all corners of the UK.

“The farms are being offered for sale in lots and therefore are also likely to appeal to those looking to expand locally as well as those seeking to relocate from further afield.”

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