Guide Price £1,150,000

Exmoor Fisheries, Exmoor, Somerset, TA22

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  • Area

    area
    6Acres

General information

Exmoor Fisheries is an established trout farm located on the edge of the Exmoor national park, extending to 6.82 acres (2.76 ha). The farm occupies a unique position in the hamlet of Hartford, with views across the river Haddeo valley.

Location
The site is located in the Hamlet of Hartford, approximately 1.4 miles from the village of Brompton Regis and 5 miles from the town of Dulverton. The larger towns of Tiverton and Taunton are located 17 miles and 22 miles respectively (with direct rail links to London (2hrs)). Junction 27 of the M5 is 19 miles distant. The property is well located with access to the Exmoor National Park, the North Devon/Somerset coast and local attractions including Wimbleball Reservoir.

Exmoor Fisheries
Exmoor Fisheries sustainably breeds and farms the highest quality Rainbow Trout for restocking. Located in the Haddon Hills of Exmoor. The farm thrives off both virgin spring water as well the River Haddeo which filters down from the surrounding moorland.

The current owners purchased the farm in 1996, building the hatchery and developing the farm into a business with a hatchery producing in excess of 450,000 fry per annum. The restocking  production now exceeds 120,000 fish ranging from 1lb to 12lbs, supplying farms, sports fisheries and lakes across England and Wales. The farm is almost 100% self-sufficient through multiple generations of broodstock.

The Farm
Extending to 6.82 acres, the trout farm comprises a total of 14 earth ponds, inter-connected with an independent supply of water. The hatchery is located at the top of the farm, water flows through the ponds, back out into the river Haddeo.

The farm benefits from a number of buildings:
Hatchery - A purpose built hatchery unit situated at the top of the farm extending to 31m x 12m fed by first-use spring water.
Feed store - steel famed storage building (13m x 6m)
Fully equipped processing unit - (7.5m x 5m)
Worker's lodge -Timber lodge (9m x 4.5m) with 1 bed staff accommodation.
Office/staff room - Timber lodge (6 x 5m).

Business
The existing business model is predominantly centred around producing fish for restocking into sport fisheries. The main products sold:

Rainbow and Blue's sold from 1lb up to 12lbs.
Specimen fish can be pre-ordered depending on seasonal availability. 
Approximately 300,000+ fry/fingerlings are sold each year to other farms and fisheries. A small number of table fish are produced and sold locally.

Deliveries to existing customers via the farm's transport vehicles, a small number are sold directly to customers together with retail and farmer's markets.

For the year ending 31st August 2020 the turnover for the business was £456,000. Full accounts are available to interested parties, after viewing.

Abstraction Licencing
Exmoor fisheries holds two non-consumptive abstraction licences from the river Haddeo and surrounding substrata for the purposes of fish farming. (Available upon request).

Employees
The farm currently employs three full time and two part time members of staff to run the farm, including the current owners. TUPE obligations will apply to the remaining staff.

Vehicles
Included within the sale are the Exmoor Fisheries delivery vehicles, including:

DAF 7.5 tonne lorry carrying 3 tanks. Capacity 820kgs.
Renault Master 3.5 tonne lorry. Single tank. Capacity 363kgs.

Machinery & Equipment
The farm has a significant amount of machinery and equipment, included in the sale together with the farm vehicles. A list of the main items is available from the vendor's agent.

Accommodation
Pheasants Nest
A 3 bedroom bungalow positioned overlooking the farm with commanding views of the Haddeo valley and Exmoor beyond. Accommodation comprises; a large kitchen/diner, lounge, bathroom, shower room, two double bedrooms and bed 3/study.

The Barn
An 18th century barn converted to two bedroom worker's accommodation. Comprising, kitchen, dinning/living room, bathroom, play room and utility.

Planning
Pheasants Nest (ref. - 6/3/91/110FUL and the Barn (ref - 6/3/94/114FUL) are both subject to agricultural occupancy conditions. The site is also subject to an Article 4 directive.

Finance
The vendor's existing high street bank have confirmed, in principle, they would consider financing a purchase of the property and business (up to a maximum of 70% loan to value) to a new owner.

Services
Mains water and electricity to Pheasants Nest. (Barn - spring water supply). Heating oil to The Barn and Pheasants Nest. Private drainage.

Energy Performance
Pheasants Nest - EPC D
The Barn - EPC E

Council Tax payable 2021/2022
Pheasants Nest Band A - £1,259
The Barn Band C - £1,671

Business Rates - £Nil

Website
http://www.exmoorfisheries.co.uk/

Property summary

Exmoor Fisheries is an established trout farm located on the edge of the Exmoor national park, extending to 6.82 acres (2.76 ha). The farm occupies a unique position in the hamlet of Hartford, with views across the river Haddeo valley.

Location
The site is located in the Hamlet of Hartford, approximately 1.4 miles from the village of Brompton Regis and 5 miles from the town of Dulverton. The larger towns of Tiverton and Taunton are located 17 miles and 22 miles respectively (with direct rail links to London (2hrs)). Junction 27 of the M5 is 19 miles distant. The property is well located with access to the Exmoor National Park, the North Devon/Somerset coast and local attractions including Wimbleball Reservoir.

Exmoor Fisheries
Exmoor Fisheries sustainably breeds and farms the highest quality Rainbow Trout for restocking. Located in the Haddon Hills of Exmoor. The farm thrives off both virgin spring water as well the River Haddeo which filters down from the surrounding moorland.

The current owners purchased the farm in 1996, building the hatchery and developing the farm into a business with a hatchery producing in excess of 450,000 fry per annum. The restocking  production now exceeds 120,000 fish ranging from 1lb to 12lbs, supplying farms, sports fisheries and lakes across England and Wales. The farm is almost 100% self-sufficient through multiple generations of broodstock.

The Farm
Extending to 6.82 acres, the trout farm comprises a total of 14 earth ponds, inter-connected with an independent supply of water. The hatchery is located at the top of the farm, water flows through the ponds, back out into the river Haddeo.

The farm benefits from a number of buildings:
Hatchery - A purpose built hatchery unit situated at the top of the farm extending to 31m x 12m fed by first-use spring water.
Feed store - steel famed storage building (13m x 6m)
Fully equipped processing unit - (7.5m x 5m)
Worker's lodge -Timber lodge (9m x 4.5m) with 1 bed staff accommodation.
Office/staff room - Timber lodge (6 x 5m).

Business
The existing business model is predominantly centred around producing fish for restocking into sport fisheries. The main products sold:

Rainbow and Blue's sold from 1lb up to 12lbs.
Specimen fish can be pre-ordered depending on seasonal availability. 
Approximately 300,000+ fry/fingerlings are sold each year to other farms and fisheries. A small number of table fish are produced and sold locally.

Deliveries to existing customers via the farm's transport vehicles, a small number are sold directly to customers together with retail and farmer's markets.

For the year ending 31st August 2020 the turnover for the business was £456,000. Full accounts are available to interested parties, after viewing.

Abstraction Licencing
Exmoor fisheries holds two non-consumptive abstraction licences from the river Haddeo and surrounding substrata for the purposes of fish farming. (Available upon request).

Employees
The farm currently employs three full time and two part time members of staff to run the farm, including the current owners. TUPE obligations will apply to the remaining staff.

Vehicles
Included within the sale are the Exmoor Fisheries delivery vehicles, including:

DAF 7.5 tonne lorry carrying 3 tanks. Capacity 820kgs.
Renault Master 3.5 tonne lorry. Single tank. Capacity 363kgs.

Machinery & Equipment
The farm has a significant amount of machinery and equipment, included in the sale together with the farm vehicles. A list of the main items is available from the vendor's agent.

Accommodation
Pheasants Nest
A 3 bedroom bungalow positioned overlooking the farm with commanding views of the Haddeo valley and Exmoor beyond. Accommodation comprises; a large kitchen/diner, lounge, bathroom, shower room, two double bedrooms and bed 3/study.

The Barn
An 18th century barn converted to two bedroom worker's accommodation. Comprising, kitchen, dinning/living room, bathroom, play room and utility.

Planning
Pheasants Nest (ref. - 6/3/91/110FUL and the Barn (ref - 6/3/94/114FUL) are both subject to agricultural occupancy conditions. The site is also subject to an Article 4 directive.

Finance
The vendor's existing high street bank have confirmed, in principle, they would consider financing a purchase of the property and business (up to a maximum of 70% loan to value) to a new owner.

Services
Mains water and electricity to Pheasants Nest. (Barn - spring water supply). Heating oil to The Barn and Pheasants Nest. Private drainage.

Energy Performance
Pheasants Nest - EPC D
The Barn - EPC E

Council Tax payable 2021/2022
Pheasants Nest Band A - £1,259
The Barn Band C - £1,671

Business Rates - £Nil

Website
http://www.exmoorfisheries.co.uk/

Features

  • An established and profitable trout farm located in a unique setting
  • Situated on the edge of the Exmoor national park, extending to 6.82 acres (2.76 ha), with views across the river Haddeo valley.
  • Predominantly a restocking trout farm, producing 120,000 trout p.a. Purpose-built hatchery producing 450,000 fry/fingerlings.
  • 3 Bedroom owners' dwelling and 2 bedroom barn conversion
  • Guide price - £1,150,000 plus stock at valuation (upon completion)

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