Business
Rhug Estate to reshape portfolio – creating new farming opportunities
RHUG ESTATE is reshaping its portfolio – creating new opportunities for the future of farming.
Owner Lord Newborough has taken the decision to sell part of the Estate’s site at Glynllifon, near Caernarfon, opening the door for others – particularly the next generation of farmers – to bring fresh energy, skills, and investment.
By passing on stewardship of around 1,000 acres of productive grassland in instalments, Rhug Estate is ensuring this historic land can continue to thrive under new hands while freeing up resources and focus for its core assets.
The farmland represents the jewel of the Glynllifon Estate and is being brought to the open market by the North Wales office of national property consultancy Carter Jonas, for the first time in centuries.
The move allows the award-winning organic Estate to dedicate even more attention to the main 12,500-acre base near Corwen, where exciting growth and development continue to unfold.
With more than 100 staff employed across the farm shop, café, drive thru, takeaway, cutting plant, and the Rhug Wild Beauty range, the business remains in a strong position and is busier than ever.
Lord Newborough is determined to ensure the brand goes from strength to strength, despite wider challenges facing the agricultural sector, and sees diversification and innovation as the path forward.
As one of just seven businesses in Wales to hold a Royal Warrant of Appointment from His Majesty The King and Her Majesty The Queen, Rhug Estate continues to set an example for the industry.
Looking ahead, Lord Newborough believes new collaborations, both at home and internationally, will be key to driving future success and unlocking even greater potential at Corwen.
“We have received a lot of interest in the site, and strategically it makes sense to pass on around 1,000 acres at Glynllifon,” he said.
“This decision is about more than reshaping the Estate, it’s about opening-up opportunities for others to farm, supporting the next generation in north west Wales, and ensuring the land continues to play a vital role in the agricultural community.
“At the same time, it gives us the focus to build even further on the exciting growth at Corwen and continue our long-term vision for Rhug.”
The sale will be phased, beginning with an initial block of approximately 265 acres available immediately via informal tender, with the remaining land released in stages into next Spring.
Hugh O’Donnell, partner at Carter Jonas, said: “This is undoubtedly one of the most important farmland sales we have seen in North Wales in recent years. Productive grassland of this quality and scale is rarely offered to the open market, and we anticipate strong interest from across the farming community.”
To register interest, visit North Wales | Property | Carter Jonas or call 01248 362536.
Stay up to date with Rhug Estate at www.rhug.co.uk and @rhugestate on social media.