ACE3206 : Land-based Enterprise Development
- Offered for Year: 2018/19
- Module Leader(s): Mr Simon Parker
- Owning School: Natural and Environmental Sciences
- Teaching Location: Newcastle City Campus
|Semester 2 Credit Value:||10|
This module will enhance the students ability to manage rural land property and facilitate career developments in land agency, property services and consultancy. The module will be developed using a framework of diversification, the reasons for diversification, the formulation and appraisal of business plans using a range of examples of agricultural and non-agricultural enterprises.
Outline Of Syllabus
1. Objectives of Estate Management.
The Ownership and Occupation of Land: Agricultural Tenancy Legislation including
2. Contract of Tenancy; Tenancy Agreements; Rights and Obligations of Landlord and Tenant; Rent; Compensation for Improvements; Notices to Quit
Planning Legislation and Development of Land
3. Planning Organisations; Structure, Development, Local Plans.
*Applying for Planning Permission; The Process of Development Control, public local inquiry.
Rural Estate Finances
Valuation of Real Property
4. Property Investment; Sectors of the Property Market; Methods of Valuation; case study; rural and commercial property portfolios. Science and art of valuation.
Management of Change of Use and Development of Rural Buildings
5. Redundant Buildings care of and; Change of Use and Conservation; Planning; Cost Estimates. Project management.
6. The Management of Access to the Countryside
The Issues; 'The Care Model'; Rights of Way E & W; The 'right to roam'. Decoupled agriculture
7. Non Agricultural Land based Estate enterprises:
Management of Rural Sporting Interests.
Background and Overview.
8. Enterprise diversification
Definition and scope of Diversification, aims and objectives, past and recent trends.
Agricultural Enterprises.- Crops: energy, fibre medicinal; Animals: food, fibre, recreation; - Technical, financial and other aspects.
Non-Agricultural Enterprises. - Leisure, tourism, direct sales, environmental schemes.
Teaching Rationale And Relationship
Lectures, small group teaching and field visits introduce topics and develop an awareness of the challenges facing practical estate management and the opportunities available to land managers to develop enterprises that are not currently pursued.
The field visit and the project encourage students to become acquainted with the challenges faced by practitioners and how policy and legislation shape the scope of possible responses to such challenges.
The assessment project encourages students to work together and individually to gain first hand experience of managing the often conflicting issues in effective estate management.
Presentation of the case studies to the class allows a wider breath of learning for each student as they see a range of development possibilities arising from the one case.
The format of resits will be determined by the Board of Examiners
|Case study||2||M||40||Case Study based on a real opportunity for development of existing resource to develop a business diversification (1000 words)|
|Prof skill assessmnt||2||M||10||Presentation of the case study as a 5 minute pitch to potential investors|
Assessment Rationale And Relationship
The exam is designed to test all the knowledge outcomes together wit the students ability to synthesise materials and write clearly under pressure.
The case study is a live exercise involving a real time proposal of a development that is to be considered or could be considered by the farm / estate manager involved. It is designed to integrate the knowledge gained from lectures on the legislative and policy frameworks influencing the strategic options open to rural businesses when facing the challenges of practical estate management and enterprise diversification.
Presentation in the form of a pitch to potential investors adds a further element of real life situation to the assessment.