Dog Training Enterprise
One of our already heavily diversified clients have a successful dog training enterprise, run by a tenant. The increased footfall from this aids other enterprises within the farm, yet allows the farm owner to be positioned as a rent taker, without necessarily getting directly involved within the enterprise.
The dog training is a lucrative and enjoyable enterprise present on the farm, not only for the tenant, but the farm owner also, so much so that the tenant requested an expansion of rental facilities. This is likely due to Covid-19 and the surge seen in pet purchases throughout the various lockdowns.
Our Dog Training Solution
We set out to understand the requirements of both parties, created detailed budgets and reviewed the tenancy agreement. It was decided that a 3 acre plot of currently severed, poorer quality land could be utilised to support this request.
Due to Covid-19 and its volatile effect on material supply and cost the initial pen development proposal was altered slightly, to utilize metal clip-on fencing. This also offered more flexibility for future developments and was very cost effective.
Return on Investment
We relish the opportunity to offer advice and assistance to both existing and new clients on diversification enterprises whether they are already in operation or not, regardless of project size. This project allowed our client to increase his return on investment from an already proven and successful tenant. The tenants rural business has since been able to expand and thrive, which is pleasing to both the farm owner and us!
Need Farm Diversification Help?
At Dudley Peverill, we ensure that our clients needs are met. We work with landowners and farmers to develop tailored advice and strategies to help diversify their estate, increase resilience, income and asset value, whilst realising their visions and aspirations through property and enterprise investments.
If you want to talk about the potential developments your land has to offer, you can contact us for a free, no obligation consultation.
Book an informal chat with us today
We’re happy to have an informal discussion with no pressure and just discuss the options for your farm that takes account of the wishes of your whole family and finds a solution that works for everyone! Complete the form to request your call back.