KIVELLS Farms and Land Department report of the successful sale and completion of a 198-acre dairy farm, Ashgrove Farm, Tremaine, Launceston.

The farm compromises a modern, four bedroom bungalow, with agricultural occupancy conditions, and a comprehensive range of modern farm buildings, which are capable of housing 300 head of dairy livestock and a 50kwh wind turbine.

The farm was launched in the early summer of 2016 amidst the build up to the EU referendum vote.

Significant interest was shown in the high yielding grass growing arm and an early sale was agreed, but following the EU Brexit vote the sale failed to progress to exchange of contracts. The farm was re-launched in the autumn of 2016 against a guide price of £2,200,000 and again the farm attracted both local and national interest, selling to a Cornish dairy farming family who are expanding their farming operation specialising in a spring calving grazing based dairy system.

Kivells brought its full range of services into operation to assist the vendors through the sale process of the freehold farm, including advising and conducting dispersal sales for the pedigree ‘Tremaine’ herd of Holstein dairy cattle and a separate dairy young stock sale at Holsworthy Livestock Market, store cattle dispersal auction at Hallworthy Stockyard and the removal of the machinery for auction at the fast growing collective machinery sales held monthly at Holsworthy Livestock Market.

Mark Bromell, director of Kivells, who handled the sale of the farm and dairy herd, said the Brexit vote of 2016 had ‘caused some volatility and a dampening effect on the farm and land market’ but that it had been ‘encouraging to see the strong level of interest post the Brexit vote despite the milk market remaining under pressure’.

For those considering a future sale, who require a confidential discussion or valuation, contact 01409 259547.