Council Owned Farms
David Job, County Land Agent will attend the meeting and brief the Committee on the external review of the Farms Estate being undertaken at the present time.
Minutes:
David Job County Land Agent attended the meeting and gave a presentation on the review of the farms estate being undertaken across Cheshire.
In Cheshire, there were currently 79 farms consisting of 10,000 acres of land, of which 5,181 acres were located within Cheshire East. The farms were largely let to tenants and consisted mainly of land holding with some rented cottages.
The draft Capital Programme for 2010-13. had identified capital receipts of approximately £1.2 million per annum, to be realised through the sale of properties on farms.
Work was underway currently to assess the valuation of properties located on the Council owned farms and the capital receipts to be expected from sales, against the benefits of retention. Any sales would involve in the main, residential properties with small parcels of land and other ancillary buildings. Indications suggested that the market for such premises was still relatively strong.
RESOLVED – That David Job be thanked for his presentation, and a copy of the projected financial analysis of the farm disposals be forwarded to members of the Committee for information.