You may decide to rent all of the land on which you produce turfgrass crops rather than buy it. Or you might own some land on which you grow, for example, specialist turf, and rent additional land from local farmers to grow quick-growing general purpose turf. If you plan to rent some land, enter in your cash flow forecast the amount you will have to pay in the months that you will pay it. The amount of rent payable will be affected by:
- where you are in the UK
- the quality of the land
- whether irrigation is provided
- ease of access
Your solicitor will be able to help you with the rental agreement.