No grouse about the investment
THE glorious twelfth got off to flying start yesterday and grouse moor owners are keener than ever to invest in their assets, according to Savills.
“Owners tend to be wealthy enough to hang on to their grouse moors despite the recession,” says Fran Barrigan of Savills York.
“Poor moorland management and a resulting declining bag reduces the capital value of a moor. To protect their investment, many owners are investing in better management to increase their stock of birds and boost the moor’s value in the long term.”
Shooting days are being let at £150 plus VAT per brace, and up to £180 in some cases. That could amount to around £15,000 a day.