A first class arable and mixed farm Fetterletter Estate, Fyvie, by Turriff, Aberdeenshire, AB53 8PN. savills.co.uk

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1 A first class arable and mixed farm Fetterletter Estate, Fyvie, by Turriff, Aberdeenshire, AB53 8PN savills.co.uk

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3 A first class arable and mixed farm Fetterletter Estate, Fyvie, by Turriff, Aberdeenshire, AB53 8PN Fyvie: 3 miles Turriff: 10 miles Oldmeldrum: 11 miles Aberdeen: 28 miles Lot 1: Fetterletter About acres n Farmhouse with 3 reception rooms, 5 bedrooms, 2 additional bedrooms / offices. Gardens. n Extensive steading with housing for 600 head of cattle n 460 acres Class 3(2) arable / grass, 95.7 acres rough grazings n Fishings on River Ythan n EPC rating = Band G Lot 2: Land at Monkshill About acres n acres Class 3(2) arable, 11.6 acres rough grazings In all about acres ( ha) Savills Aberdeen 5 Queens Terrace, Aberdeen, AB10 1XL aberdeen@savills.com Savills Brechin 12 Clerk Street, Brechin, Angus DD9 6AE brechin@savills.com

4 Situation Fetterletter is very conveniently located, in an attractive and productive farming area in Aberdeenshire. The surrounding area comprises rolling farmland and this part of the northeast of Scotland is famed for its outdoor pursuits. There are golf courses at Banff (Duff House Royal), Macduff (Royal Tarlair) and Turriff, together with famous links courses at Royal Aberdeen and Cruden Bay. The nearby coast offers sailing and sandy beaches. There is a primary school and local shopping in the nearby village of Fyvie. The nearest town of Turriff has a secondary school and along with Inverurie to the south, provides a wide range of shopping, business and leisure facilities. There are a number of private schools in Aberdeen together with two universities. The nearby A947 provides ease of access to Aberdeen and its airport which offers excellent transport links by air to London and other UK and European cities. The soon to be completed Aberdeen Western Peripheral Route will improve travel in and around Aberdeen, and create a quicker and more direct route south. There are regular rail services from Aberdeen, including a sleeper. Aberdeen provides all the services expected of a major city including business and leisure facilities, theatres, restaurants and a wide range of shopping. There is a livestock mart at Thainstone (Inverurie) and the area is particularly well served by agricultural dealers and support services. The county of Aberdeenshire offers extensive opportunities for field sports with shooting and stalking available on local estates, together with fishing on the rivers Dee, Don, Deveron and on the Ythan. In winter there is skiing at Aviemore and the Lecht. Description Fetterletter is a most attractive agricultural estate, located on the northern side of the River Ythan, between the Fyvie and Haddo estates. It comprises a substantial block of productive farmland with an extensive steading and a good period farmhouse. In addition there is an outlying block of land known as Monkshill. There is potential for sportings with fishing on the Ythan and there could be scope for a small shoot in the wooded den, together with roe stalking. Fetterletter was originally part of the Gight Estate, which then became part of the Haddo Estate. After World War I it was sold to the tenant.

5 The previous owners acquired it privately in 1956, adding the lands at Monkshill in It was run as a dairy, milking 135 cows, until Fetterletter was acquired by the sellers in As such this may be only the second time that it has been offered on the open market. The current owners have invested considerably in the buildings at Fetterletter, with new buildings designed to house up to 600 head of cattle. It is run as a mixed farm and until 2013 some 200 suckler cows were kept. Further grass was let for sheep over wintering. The emphasis now is on arable cropping, with seasonal lets of both the grass and the livestock buildings. Oil seed rape, spring barley (for malting), winter wheat and winter barley are grown and yields of 3.5 tonnes / acre of winter barley and 4 tonnes / acre of winter wheat have been reported in the past. Actual yields in 2017 have been reported as: Crop Yield t/acre Nitrogen (kg/ha) Spring Barley (malting) 2.5 tonnes 90 Office x '11'' x 11'8'' Office x '11'' x 13'9'' First Floor Fetterletter, Fyvie, Aberdeenshire, AB53 8PN Gross internal area (approx) sq.m (5088 sq.ft) (Including Garage & Log Store) For Identification Only. Not To Scale. SquareFoot Bedroom x '1'' x 15'1'' Storage Bathroom Bedroom x '5'' x 13' Storage Bedroom x '3'' x 9'9'' Bedroom x '2'' x 14'2'' Winter Barley 3 tonnes 175 Straw is exchanged for manure which is returned to the land. The farm is part of a bigger farming enterprise, so is now worked on a lower input system. Minor public roads run through the property, and connect to Monkshill, allowing ease of access. Double Garage 6.15 x '2'' x 20' Lot 1: Fetterletter About acres/ ha This is the principal part of the estate which is centred on a good sized farmhouse and an extensive range of farm buildings, situated on the northern side of the River Ythan. Fetterletter Farmhouse is a handsome harled house with a slate roof which sits adjacent to the farm steading. It is believed to date from the late 19th century, although there may be earlier parts, was modified in the 1980s, and is spacious and well laid out. A gravelled drive with a cattle grid, leads to a gravelled parking and turning area and continues on past the house and back onto the minor public road. The house retains much of its original character and features such as cornicings. Its layout would allow for the creation of an annexe if desired. A wooden front door with leaded side and overlights opens to an entrance vestibule with tiled floor and inner partially glazed door to the hall. This has a centre rose, stairs to the first floor and a shelved understair cupboard. Off the hallway is the sitting room, with a bay window, two wall lights and a fireplace with Hopeman Log Store Storage Gun Room 3.68 x '1'' x 8'10'' Living Room 4.93 x '2'' x 15' Bar 4.55 x '11'' x 10'2'' Bathroom Ground Floor Passage Storage Bedroom x '5'' x 11'8'' Sitting Room 6.70 x ' x 16'2'' Storage WC Hallway Vestibule Larder Utility 3.73 x '3'' x 10'7'' Kitchen 4.93 x '2'' x 10'8'' Dining Room 5.09 x '8'' x 16'2''

6 sandstone surround, mantel and display shelf. Opposite is the dining room which has a bay window, alcove with wall light and a connecting door to the kitchen. This is a fully fitted kitchen with a picture window and floor units incorporating a sink, plumbing for dishwasher, electric cooker point, breakfast bar and an arch to the utility room which has a back door, sink, plumbing for washing machine, fitted shelves and coat hooks. Off this is a shelved larder. From the hallway further doors lead to a cloakroom with coat hooks and a separate WC with washbasin. An inner passageway has two storage cupboards, back stairs, an understair cupboard and an additional entrance door. Off this is bedroom 1. Beyond is the living room which links through to a side entrance lobby and has timber lined walls and ceiling, together with a cupboard, three wall lights and an open double sided feature fireplace and doorway which links to a bar area. This too has timber lined walls and ceiling, a fitted bar with sink and a door to another entrance lobby. On the other side of the living room is a timber lined bathroom with bath, washbasin, WC and electric shaver point, and the former gun room. Side stairs lead to a landing with fitted cupboards and two offices, one with a fireplace with tiled surround and wooden mantel: these rooms could be used as additional bedrooms if needed. CH The staircase from the hallway leads up to the main landing with a shelved cupboard. Off this are three bedrooms and a refurbished and partially tiled bathroom with bath, washbasin with vanity units, WC and shower cubicle. Off a side landing is a walk in shelved cupboard, back stairs and bedroom 5 which has a picture rail, fireplace with wooden mantel and tiled surround. Attached to the rear of the house is a double garage with concrete floor and a Worcester Danesmoor 30/95 boiler. Either side of the entrance are two small circular doo cots, one housing an oil tank. The garden is mainly laid to lawn with a mass of spring bulbs, a wooden summer house and trees including two fine copper beeches. 1 8 Fetterletter is extremely well equipped with a range of modern livestock farm buildings with capacity for 600 head of cattle together with a more traditional steading. The level hardstanding area (No.8) offers potential for construction of grain storage and handling. 1. Garage (6.55m x 9.75m approx) Concrete block and brick built with box profile roof, sliding door and housing two fuel tanks This Plan is based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office. Crown Copyright reserved. ( ). This Plan is published for the convenience of Purchasers only. Its accuracy is not guaranteed and it is expressly excluded from any contract. NOT TO SCALE. Trac k Farm Buildings 9 AP EL BA NK

7 2. Implement Shed (33m x 9.75m approx) Steel and timber framed open fronted shed with box profile roof, concrete block walling and concrete floor and including an enclosed workshop with sliding doors. 3. New Cattle Court (36m x 16.25m approx) Steel framed shed with external feed bay, box profile cladding, corrugated roof and concrete floor. Sub divided into six sections for cattle handling. 4. Big Shed (37m x 70.2m approx) Steel framed shed with central feed passage, concrete block walls, concrete floor and corrugated roof. Sub divided into six sections. 5. Atcost Court (24.5m x 47m approx) Concrete framed shed with central feed passage, concrete block walling, slatted floor and corrugated roof. 8. Former Silage Clamp (41m x 17.5m) Concrete floored hardstanding with adjoining hard core yard area. 9. Straw Shed (18m x 21m) Timber framed with corrugated tin roof. Water/Effluent Tank 50,000 gallons capacity Land Fetterletter extends in total to some acres ( ha). Some acres is arable / grass with a further acres of rough grazings. It is mainly classified as Class 3(2) by the James Hutton Institute for Soil Research and it ranges in height from 40m to 110m (130 to 360 ) above sea level. The land is mostly non LFA with some LFA as indicated in the area 6. Dairy Shed (11.7m x 47.4m approx) Concrete framed shed, concrete block walling, slatted floor and corrugated roof. 7. Traditional Steading. Stone built with a slate roof comprising: Two byres (14.2m x 24.8m approx) Chemical store / washroom Barn (5.7m x 14m approx) Former grain handling area (5.7m x 28.5m approx) Infill court with corrugated roof and concrete floor (20.7m x 29m approx) Calf house with concrete floor and corrugated roof (5.5m x 14.7m approx)

8 schedule. The fields are accessed either direct from public roads or from internal tracks. Sporting There are about 1.25 miles of single bank fishing on the River Ythan. The Ythan is described by Derek Mills and Neil Graesser in The Salmon Rivers of Scotland (Cassell) as a useful angling river and is best known by many anglers for its sea trout fishing and goes on to say that finnock provide excellent sport in the upper reaches.... In addition brown trout can be fished. The fishings comprise two beats known as Fetterletter beat and the Woodhead beat, and have been let seasonally to a local syndicate for a nominal rent and are understood to have been lightly fished, with records not having been kept. Lot 2 The estate could form the basis of a small family shoot particularly with the terrain round the den and the river. There is also potential for roe stalking. Lot 2: Land at Monkshill About acres/ ha This is an outlying unit lying just to the north of Fetterletter, and easily accessible by minor public roads. The land extends to some acres / ha. Some acres are arable with a further acres of rough grazing. Again it is mainly classified by the James Hutton Institute for Soil Research as Class 3(2) and it ranges in height from 80m to 140m (260 to 460 ). General Remarks Viewing Strictly by appointment with Savills or Given the potential hazards of a working farm, we request you take care when viewing the property, especially around the farmyard. Directions From Aberdeen take the A947 towards Turriff. Some 7 miles north of Oldmeldrum, at Fyvie, turn right onto the B9005, signposted for Ellon. After 0.2 miles, at the war memorial, turn right again, continuing on the B9005. After a further 1.8 miles, in Woodhead, turn right signposted Fetterletter. Continue for a further mile and the drive into Fetterletter Farmhouse will be seen on the right, immediately after passing the farm buildings. Outgoings Aberdeenshire Council band F. Energy Performance Certificate EPC rating = Band G. Solicitors James & George Colllie, 1 East Craibstone Street, Aberdeen, AB11 6YQ. Services Mains water and electricity, private drainage, oil fired central heating. Fixtures and Fittings Carpets and light fittings are included as are curtains other than those in the sitting room, dining room, hallway and bedrooms 3 & 4. Basic Payment Scheme The Basic Payment Scheme entitlements are not included but may be available in addition. There could be available region 1 and region 2 entitlements for Lot 1 and region 1 entitlements for Lot 2. The sellers will retain the 2018 BPS payment in full. The value of the entitlements will be the SGRPID 2019 flat rate regional value. Ingoing Valuation The purchaser(s) of Fetterletter and Monkshill, in addition to the purchase price, will be obliged to take over and pay for at a valuation to be agreed between two valuers, one acting for each party, or an arbiter appointed by the valuers, or failing agreement as to the appointment by the President, for the time being, of the Royal Institution of Chartered Surveyors (Scottish Branch), the following: 1. All cultivations carried out in preparation of the 2018/2019 cropping year valued on a labour and machinery basis. 2. All growing crops, on a seeds, labour, lime, fertiliser, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops. 3. All hay, straw, fodder, roots, silage and farmyard manure and other produce at market value.

9 Lot 2 4. All oils, fuel, fertilisers, sprays, chemicals, seeds and sundry at cost. Note: If the amount of the valuations has not been agreed on the date fixed for completion, then the purchaser shall pay to the seller such a sum as Savills shall certify on account at the valuation pending agreement. Should the payment not be made within seven days then the interest will become payable on outstanding monies at 5% over Bank of Scotland borrowing rate. Mineral & Timber Rights Insofar as they are owned the mineral rights are included in the sale. All standing and fallen timber is included in the sale. Sporting Rights The sporting rights are in hand, subject to the seasonal arrangement on the fishings. Environmental Stipulations The top part of the den (field 22) is designated as a Site of Special Scientific Interest by reason of its flora, fauna, geological and physiographical features. Field 14 lies within the Windyhills SSS1. The small circular doo cots at the entrance to the farmhouse are listed Category C. Access There is a right of access down the track to the moss in field 28 at Monkshill, where there is a water supply for Monkshill Croft. Offers Offers must be submitted in Scottish Legal Form to the Selling Agents. A closing date for offers may be fixed, and prospective purchasers are advised to register their interest with the Selling Agents following inspection. Stipulations Purchase Price Within 7 days of the conclusion of missives a non-returnable deposit of 10% of the purchase price shall be paid. The balance of the purchase price will fall due for payment at the date of entry (whether entry is taken or not) with interest accruing thereon at the rate of 5% above Bank of Scotland base rate. No consignation shall be effectual in avoiding such interest.

10 Disputes Should any discrepancy arise as to the boundaries or any points arise on the Remarks, Stipulations or Plan or the interpretation of any of them, the question shall be referred to the arbitration of the selling agents whose decision acting as experts, shall be final. Plans, Areas and Schedules These are based on the Ordnance Survey and are for reference only. They have been carefully checked and computed by the selling agents and the purchaser shall be deemed to have satisfied himself as to the description of the property and any error or mis-statement shall not annul the sale nor entitle either party to compensation in respect thereof. Overseas Purchasers Any offer by a purchaser(s) who is resident outwith the United Kingdom must be accompanied by a guarantee from a banker who is acceptable to the sellers. Lotting It is intended to offer the property for sale as described, but the seller reserves the right to divide the property into further lots, or to withdraw the property, or to exclude any property shown in these particulars. Generally Should there be any discrepancy between these particulars, the General Remarks and Information, Stipulations and the Missives of Sale, the latter shall prevail. Apportionments The Council Tax and all other outgoings shall be apportioned between the seller and the purchaser(s) as at the date of entry. Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact, unless the same is incorporated within a written document signed by the Sellers or on their behalf satisfying the requirements of Section 3 of the Requirements of Writing (Scotland) Act 1995 or is granted in pursuance of any such document. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Our Ref: DRO This Plan is based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office. Crown Copyright reserved. ( ). This Plan is published for the convenience of Purchasers only. Its accuracy is not guaranteed and it is expressly excluded from any contract. NOT TO SCALE.

11 Acreage Schedule Field No. Lot Gross Area BPS Eligible 1 Arable/ Grass Rough Grazing Trees Other Payment Region LFA Cropping Hectares Acres Hectares Acres Acres Acres Acres N SB FALW FALW SB SB N SB WW SB WB WOSR N PGRS PGRS PGRS PGRS PGRS N RGR RGR RGR RGR RGR N PGRS PGRS PGRS PGRS PGRS N PGRS PGRS PGRS PGRS PGRS Y RGR RGR RGR RGR RGR N SB FALW SB WB WOSR Y RGR RGR RGR RGR RGR Y RGR RGR RGR RGR RGR N PGRS PGRS PGRS PGRS PGRS N PGRS PGRS PGRS PGRS PGRS Y PGRS PGRS PGRS PGRS PGRS EXCL EXCL EXCL EXCL EXCL N PGRS PGRS PGRS PGRS PGRS N WW WB SB WB WOSR N WW WB SB WB WOSR Y RGR RGR RGR RGR RGR N PGRS PGRS PGRS PGRS PGRS Y PGRS PGRS PGRS PGRS PGRS N WW WB SB WB WOSR TREES TREES TREES TREES TREES Other Total N SB FALW SB SB SPOT/SB N SB FALW FALW SB SB N SB WW SB SB SPOT/SB N SB WW SPOT/FAL SB SB N SB WW SB SPOT/SB SB N RGR RGR RGR RGR RGR N RGR RGR RGR RGR RGR Other Total Overall

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