THE HERMITAGE WOODLANDS Dursley, Gloucestershire 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 THE HERMITAGE WOODLANDS Dursley, Gloucestershire Hectares / Acres Lot 1: Hermitage Wood Hectares / Acres Guide Price: 115,000 Lot 2: Gravel Pit Wood 3.65 Hectares / 9.02 Acres Guide Price: 50,000 FREEHOLD FOR SALE BY PRIVATE TREATY AS A WHOLE OR IN TWO LOTS

2 THE HERMITAGE WOODLANDS Dursley 0.6 miles Gloucester 21 miles Bristol 26 miles Oxford 60 miles (all distances are approximate) DIRECTIONS Leave the M5 motorway at junction 13, join the A38 and travel south towards Bristol. After 4 miles leave the roundabout at the first exit and join the A4135 signed Dursley. Follow this road through the villages of Cam and Dursley. On leaving Dursley the main road inclines significantly and passes through woodland. At the top of the hill turn right signed Stinchcombe Hill. The woodland entrance is on the right after approximately 1 mile, shown point A on the sale plan. There is room to park at this point. Other woodland entrances are shown as B, E, F, H, I on the sale plan. OS 1:50,000 Map 162 Ref ST Nearest post code GL11 6AA. 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. 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 owned and included in the sale. They are not let. MINERAL RIGHTS These are owned and included in the sale except as reserved by Statute. FENCING There are no known fencing liabilities. ACCESS The woodland owner has the right to use Nunnery Lane and other tracks, shown AC, ACD and BC on the sale plan. The owner believes these tracks, shown as bridleways on the OS plan, to be restricted byways. However, currently the route BCD is not suitable for motor vehicles. There is a barrier at point B. Prospective purchasers should note that no vehicles should be taken into the woods. The tracks are designed for tractors only. RIGHTS AND EASEMENTS The woodlands are 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 woodlands are 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 mis-statement shall not annul the sale or entitle any party to compensation in respect thereof. TENURE AND POSSESSION Freehold. Vacant possession will be given on completion. METHOD OF SALE The Hermitage Woodlands are offered for sale by Private Treaty as a whole or in 2 lots. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted. Please contact our Haddenham office on 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 now requires us to conduct due diligence on property purchasers. Once their offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase, before the transaction can proceed. Further information can be obtained via the following link:

3 THE HERMITAGE WOODLANDS GENERAL DESCRIPTION The Hermitage Woodlands as a whole are an interesting and important part of the Cotswold wooded landscape, close to the historic market town of Dursley. Traditional broadleaved species as well as some conifers have been nurtured and are now ready to produce large volumes of marketable timber according to a new owner s objectives. The woodlands are designated by Natural England as both Ancient and Semi-Natural Woodland (ASNW) and a Plantation on an Ancient Woodland Site (PAWS) as shown on the Forestry Commission s Land Information Search map. This designation indicates the land has been under continuous tree cover since at least 1600 AD. In the PAWS area the former tree cover has been replaced, often with non-native trees. These designations often allow woodland owners to obtain enhanced grant aid for operations aimed at improving the woodland for conservation reasons. In 1987 Oxford University conducted a survey of the woodlands to determine the species of plants present in the woodland. A list of species was produced and this is available to prospective purchasers from the Selling Agents upon request LOT 1: HERMITAGE WOOD hectares / acres This delightful mix of conifer and broadleaved species is the larger of the two lots situated in the western part of the property. The conifers, which include pine and larch, are largely confined to the south western side of the wood with these giving way to beech, ash and oak as you move northwards down the slope. Access to the wood is easy for harvesting via a network of tracks and rides. These traverse the woodland connecting with various tracks running north and south and to the various access points off the county road. It is anticipated a new owner can benefit from several harvesting opportunities within the wood depending on objectives and subject to Forestry Commission approval. Past management has sought to continuously improve the quality of the trees growing in the wood and there is now ample timber volume of reasonable quality to provide tax free income to a new owner. There is also a triangle of unwooded land enclosed within the entrance tracks between the points shown A,B,C on the sale plan. LOT 2: GRAVEL PIT WOOD 3.65 hectares / 9.02 acres Situated at the eastern end of the property Gravel Pit Wood is easily identifiable on the ground and is situated between two footpaths which lead into Dursley. This relatively steep piece of land is well served by forest tracks constructed by the present owner to allow thinning of the whole of the woodlands. Species-wise this woodland is mainly maturing beech, oak and ash. These trees have developed very well and a new owner should be able to plan for some selective felling opportunities to generate tax free income subject to obtaining Forestry Commission approval. Rights of Way The route EG on the sale plan is owned and included in the sale of Lot 2 and is subject to a right of way in favour of the owner of Lot1 with maintenance according to user. OFFERS AROUND 50,000 ARE INVITED FOR LOT 2 Rights of Way The woodland owner has the benefit of a right of way over the route EG on the sale plan with maintenance according to user. OFFERS AROUND 115,000 ARE INVITED FOR LOT 1 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 August John Clegg & Co is a trading name of Strutt & Parker LLP, a limited liability partnership, registered in England and Wales with registered number OC Its registered office is at 13 Hill Street, Berkeley Square, London W1J 5LQ.

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6 THE HERMITAGE WOODLANDS John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS England: Scotland: Wales: