COED TYLECRWN Llanfilo, near Brecon, Powys Hectares / Acres

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1 Suite 8, Rectory House Thame Road, Haddenham Buckinghamshire HP17 8DA Tel: John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS COED TYLECRWN Llanfilo, near Brecon, Powys Hectares / Acres An engaging and unusual commercial conifer plantation situated in a beautiful woodland glade. LONG LEASEHOLD FOR SALE BY FORMAL TENDER TENDER DATE - FRIDAY 10 NOVEMBER 2017 Guide Price 275,000

2 COED TYLECRWN Brecon 5 miles Abergavenny 23 miles Llandeilo 39 miles Monmouth 40 miles (all distances are approximate) DIRECTIONS Leave Brecon travelling north on the A470 and continue on this road for approximately 3.2 miles. Take the right hand turn signed Tredomen and then follow this road for a further third of a mile bearing left at the fork. The entrance to the wood can be found on the left of the county highway, shown point A on the sale plan. OS 1:50,000 Map 161 Ref SO Nearest post code LD3 0RF. VIEWING Viewing is possible without appointment at any time during daylight hours so long as prospective purchasers are in possession of a set of these sale particulars. For your own personal safety please be aware of hazards within the woodland when viewing. TENURE Leasehold. The property is held on a 999 year lease dating from 24 December The annual rent is and is fixed for the full term of the lease. The rent has been paid for this year. A copy of the lease is included in the tender documents. DESCRIPTION Coed Tylecrwn is a substantial block of woodland located close to the town of Brecon. The woodland sits along a ridge and backs onto a number of old fort sites. The hillside slopes down to the Dulas, a tributary to the Afon Llynfi, and throughout the wood there are views reaching to the northern Beacons. The property is approached from the county highway by way of a stone track across an adjoining field. This access track and a short section of the main track within the wood provide suitable access for normal vehicles. Beyond the gate leading into the property is parking for several vehicles and from this point two tracks lead away and into the body of the wood. A short way down the stone track from the parking area is a large clearing containing four static caravans. Leaving the clearing a track extends to the east of the property and splits in two to serve the north east and south east compartments. The crops comprise a large element of 1960 thinned Douglas fir. This crop has performed well on the nutrient rich soils and offers a positive commercial opportunity for further thinning or felling subject to licence. Throughout the property are attractive stands of 1960 Japanese larch and beech, 1990s Sitka spruce and beech plus further areas of mixed aged broadleaves. The beech compartments offer an attractive visual element to the wood with prolific bluebell growth on the forest floor. Throughout the spring the wood is awash with colour and provides a very attractive vista both into and out of the wood. The Sitka spruce crops are growing well with excellent leader lengths and are approaching the point of first thinning, subject to felling licence approval. TAXATION After two years ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances it is possible to roll-over Capital Gains into the proportion of the purchase price attributable to the value of the land. SPORTING RIGHTS The sporting rights are reserved to the freeholder. MINERAL RIGHTS These are reserved to the freeholder. FENCING A fencing liability exists along the woodland boundaries against agricultural land owned by the lessor at the start of the lease. COVENANTS The property may be used for forestry and agriculture purposes only.

3 COED TYLECRWN RIGHTS OF WAY The woodland is sold with the benefit of a right of way over the route shown AB on the sale plan. The woodland is sold subject to rights of way over the route shown BCD on the sale plan. RIGHTS AND EASEMENTS The woodland is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and any other easements. WAYLEAVES The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. PLANS AND AREAS These are based on the Ordnance Survey and are for reference only. The purchaser shall be deemed to have satisfied himself as to their accuracy and any error or misstatement shall not annul the sale or entitle any party to compensation in respect thereof. METHOD OF SALE Coed Tylecrwn is offered for sale by FORMAL TENDER at Noon on Friday 10 November The full tender pack is available from: The Woodland Davies Partnership LLP High Street, Brecon, Powys LD3 7AN arw@woodlanddavies.com Anti Money Laundering Compliance (AML) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June This requires due diligence to be conducted on property purchasers. Prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase with his/her tender. Further information can be obtained from the following link: OFFERS AROUND 275,000 ARE INVITED IMPORTANT NOTICE John Clegg & Co for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither John Clegg & Co nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared October Photographs May 2017.

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5 Not To Scale Suite 8, Rectory House Thame Road Haddenham, Bucks HP17 8DA N This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and does not form part of any contract. Reproduced by permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationary Office, Crown Copyright. All rights reserved. Licence No Produced by Pear Technology Services Ltd. info@peartechnology.co.uk

6 COED TYLECRWN John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS Scotland: England: Wales: John Clegg & Co is the forestry division of Strutt & Parker, a trading style of BNP Paribas Real Estate Advisory & Property Management UK Ltd, a private limited company registered in England and Wales with registered number and with registered office address at 5 Aldermanbury Square, London EC2V 7BP