Discussion
More a finance question than animal, but think it's best suited here.
What kind of revenues could be generated monthly by renting out 3 stables and a tack room and 4acres of level paddock in the south of England?
My partner and I have no experience when it comes to horses (well, I have bet on a few) but we have found a house that has the above. My other half does not work at the moment, not out of choice, and were wondering if this could be a way of having the house we want in an area we like with the bonus of some supplementary income?
Best left to the experts of course, but surely the facilities would be useful to some who know horses better than we do?
What kind of revenues could be generated monthly by renting out 3 stables and a tack room and 4acres of level paddock in the south of England?
My partner and I have no experience when it comes to horses (well, I have bet on a few) but we have found a house that has the above. My other half does not work at the moment, not out of choice, and were wondering if this could be a way of having the house we want in an area we like with the bonus of some supplementary income?
Best left to the experts of course, but surely the facilities would be useful to some who know horses better than we do?
I am not up on current livery charges, and also they change depending on demand and the area of the country.
However, you can consider:
1) whether you rent livery per stable, inc grass turnout
2) whether to rent out as a job lot
3) need to get liability insurance
4) whether rental will affect your mortgage on the property
5) need to sort out contracts etc for livery.
However, you can consider:
1) whether you rent livery per stable, inc grass turnout
2) whether to rent out as a job lot
3) need to get liability insurance
4) whether rental will affect your mortgage on the property
5) need to sort out contracts etc for livery.
Our family has a livery yard in Derbyshire, we charge £95 pcm for stable, grazing, water, electricty and use of a schooling paddock. Money can be made by buying bedding, feed and hay in bulk and selling to the liveries, however this is not something we do. It makes life a lot easier if you rent stables and grazing together as people who opt for grazing only often find they want a stable in the middle of winter.
Interview any potential very well, avoid people who have just bought a pony for their kids who have little experience, they will likely be a massive pain in the arse. Try and get one person with 3 horses who is experienced with them and allow them the freedom to section parts of fields off if grazing needs to be restricted ect.
Also have you got a lot of storage space for hay and bedding? What are you going to do with the manure?
I would contact the NFU about insurance as they have always been very good for us.
If you have any questions I would be happy to help
Interview any potential very well, avoid people who have just bought a pony for their kids who have little experience, they will likely be a massive pain in the arse. Try and get one person with 3 horses who is experienced with them and allow them the freedom to section parts of fields off if grazing needs to be restricted ect.
Also have you got a lot of storage space for hay and bedding? What are you going to do with the manure?
I would contact the NFU about insurance as they have always been very good for us.
If you have any questions I would be happy to help
it would depend on where you are, how many horses there are locally, what the riding is like near by, how many yards are near and what you are offering.
I think we charged £35/week part livery, which included morning turn out and a bale of hay and straw a week. It's probably more now. Full livery is more and they pay to park their lorries and trailers.
But be warned. They moan and groan about everything. You need strict rules about who tidies up what, when and where they graze which bales to use, blar, blar, blar. The there is the be-atching and gossiping that go hand in hand with women.
What will you do with the muck? They create loads of it and it will be expensive to dispose of. Farmers won't want it. There might be planning issues too.
They like spending money though, so do what you can to assist this
I think we charged £35/week part livery, which included morning turn out and a bale of hay and straw a week. It's probably more now. Full livery is more and they pay to park their lorries and trailers.
But be warned. They moan and groan about everything. You need strict rules about who tidies up what, when and where they graze which bales to use, blar, blar, blar. The there is the be-atching and gossiping that go hand in hand with women.
What will you do with the muck? They create loads of it and it will be expensive to dispose of. Farmers won't want it. There might be planning issues too.
They like spending money though, so do what you can to assist this
Thanks for the information folks, I really appreciate the helpful feedback and the pointers.
There is certainly a lot to take into account. Things like Insurance and how this use would effect the mortgage may make this a non-starter if its only going to realise a small amount of profit each month.
It would only be a very small operation as the facilities are probably not perfect for anything bigger (the place is here http://www.rightmove.co.uk/property-for-sale/prope... ). It may be that the property is only suitable for an owner who has horses as opposed to someone who doesn't, but wants to generate income from it.
While I would not be too concerned about people being on the property, I'm not sure I could put up with the b
hing that may go with it...I'd leave the whole thing to my other half! Really just trying to figure out if we can make it viable. If it could give my GF a project to work on, while adding to our income.
Originally I ignored the details on this property, purely because of the land and the stables....but as there is not a lot on the market at the moment I'm wondering whether it may be an option.
Thanks again, certainly food for thought.
There is certainly a lot to take into account. Things like Insurance and how this use would effect the mortgage may make this a non-starter if its only going to realise a small amount of profit each month.
It would only be a very small operation as the facilities are probably not perfect for anything bigger (the place is here http://www.rightmove.co.uk/property-for-sale/prope... ). It may be that the property is only suitable for an owner who has horses as opposed to someone who doesn't, but wants to generate income from it.
While I would not be too concerned about people being on the property, I'm not sure I could put up with the b
hing that may go with it...I'd leave the whole thing to my other half! Really just trying to figure out if we can make it viable. If it could give my GF a project to work on, while adding to our income.Originally I ignored the details on this property, purely because of the land and the stables....but as there is not a lot on the market at the moment I'm wondering whether it may be an option.
Thanks again, certainly food for thought.
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