Diversification

 

Landowners and Farmers have diversified over the decades within their sector as consumer demand, foreign imports and the marketplace has evolved. However, in recent years the diversification has been beyond traditional activities and is likely to increase post Brexit.

The 2021 NFU Diversification Report has some interesting insights

37% of respondents, told the NFU that they or a third party were already using their land for non-farming activities, non farming activities made up 16% of their turnover (2020 11%) and that 34% of the farms that had already diversified intended to go further.

Landbridge appreciates that some rural businesses need to diversify whether it is converting existing buildings into lets, redundant barns into offices, harnessing renewable energy, shooting days or obtaining permission to redesignate land for development, we can provide expert support and advice to ensure you achieve your goals whilst protecting your existing assets.