Agricultural property relief and underground farming

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As farmers look to diversify from more traditional methods and locations, it’s important to bear legal and tax implications, such as Agricultural Property Relief, in mind.

The Independent has recently reported that Michelin-starred chef, Michel Roux Jr, is supporting entrepreneurs Richard Ballard and Steven Dring, of Zero Carbon Foods, in transforming a Second World War air raid shelter, 100ft below the streets of London, into an underground farm.

The company uses LED bulbs to efficiently light the herbs and vegetables and because the tunnels are underground, the temperature keeps steady at around 16 degrees.

This is good news for Londoners wishing for fresh produce that is locally grown. However, whilst the tunnel being used is currently rented from Transport for London, one hopes that farmers considering this type of business venture consider the tax implications of farming underground, especially if they were to buy. No land means no Agricultural Property Relief.

As experts in agriculture we can advise on legal and tax implications of all things farming related, from the property purchase and tax advice on a sale, to protecting your asset and passing it on to your family in the most secure way.

If you would like advice, get in touch with our experienced and friendly team on 01473 611211 or email

Full Independent article