Hi, calling on anyone who has done this for some advice ......... Here's the scenario -
There's a yard across the road from me advertised for rent to run as an equine business.
The ad doesn't say what's included (water/electric/rates etc) but we'd find that out on viewing. I'm not sure what the norm is though when renting a full yard to run as your own?
My friend and I have 5 between us but 2 would winter out. There are 6 stables so we would occupy 3, leaving 3 that we could rent out as livery.
We'd do it diy only, but we would offer to turn out/bring in and put haynets in etc on an as and when basis.
Would we be liable for business rates on this? We'd literally just be charging each stable 1/6th of the monthly costs not making any money although ultimately we'd be responsible for paying the full rent to the owner and collecting from the liveries.
What type of insurance would we need to be looking at? I'd like each horse to be insured by the owner but ultimately I know this doesn't always happen, I'd just want to make sure we'd be covered from any liability should something happen.
Anyone any experience of this? We'd love to take the yard and could afford it between us, but would make it easier all round if we had 3 others to come in with us so to speak so we don't have empty stables and would reduce the cost for everyone. I don't particularly want to 'run' a livery yard or business, we'd just help out when others needed it, not offer part or full livery services or anything.
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Advice wanted please.....Yard for rent.
5 replies
Beerwench · 04/06/2017 16:24
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