SEASIDE FARM BY ERROL, PERTHSHIRE

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1 SEASIDE FARM BY ERROL, PERTHSHIRE

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3 SEASIDE FARM BY ERROL PERTHSHIRE Errol 1 mile Dundee 13 miles Perth 15 miles Edinburgh 52 miles A highly productive arable farm on the north bank of the River Tay. Self contained productive block of Grade 3(1) arable land on the Carse of Gowrie. Modern grain handling facility and 14 tonne Alvan Blanch grain dryer. Former wartime runways of the old disused Errol Airfield. 35 acre reed bed on the River Tay designated as an area of National Importance with potential for rental income. Excellent links to major road networks. Major renewable energy opportunity subject to obtaining the necessary consent. About Ha ( Acres) in total For Sale as a Whole or in 5 lots. CKD Galbraith National Farm Sales Centre Suite C Stirling Agricultural Centre Stirling FK9 4RN stirling@ckdgalbraith.co.uk

4 GENERAL Seaside Farm lies in the heart of the Carse of Gowrie, occupying a prime position with commanding views over the Tay Estuary. The Carse of Gowrie is a first-class cereal growing area of open level land between the River Tay and the Sidlaw Hills to the north. The farm lies about 15 miles east of the city of Perth, close to the village of Errol some 13 miles west of Dundee. Traditionally the Carse of Gowrie is known for its fertile plains producing high yields of a wide range of crops and is well suited to intensive cropping. The property benefits from excellent access to the A90 trunk road linking Perth to Dundee and Aberdeen beyond. Perth itself, one of Scotland s most attractive cities, provides a wide range of amenities. Nearby Dundee is undergoing substantial development to its waterfront including the Victoria & Albert Museum. Perth and Dundee have excellent communications with a mainline railway station and a fantastic network of roads leading to the major cities in Scotland all lying within approximately 1 hour s drive. From Edinburgh Airport there are regular shuttle flights to London and departures to various European countries. Dundee also has its own airport which serves London, Birmingham and Belfast. Sporting and leisure activities are plentiful in the Angus and Perthshire area with country sports being a speciality of the area. This can include first-class pheasant and grouse shooting on various local estates. Excellent sea trout and salmon fishing is also available locally on the Tay system. The local towns and villages provide a good range of shopping outlets, banking and legal services. Perthshire is well served by agricultural merchants, machinery dealerships and the local machinery ring with livestock markets situated in the neighbouring counties of Angus and Stirling. DESCRIPTION The land at Seaside Farm lies between 10 and 15 feet above sea level and is generally flat with a slight south-facing aspect. All the land lies within a ring fence and has been classified as Class 3(1) by the James Hutton Institute and is well suited to growing cereals, with broccoli, peas and temporary grass having all been grown successfully on the land. The average annual rainfall is in the order of 699mm 762mm ( ). Optimum growing conditions result in yields of up to: Winter Wheat: Spring Barley (Malting): Winter Oilseed Rape: 4.4 tonnes per acre 2.80 tonnes per acre 1.9 tonnes per acre There are currently 6 main enclosures. Access is taken to all the enclosures via the disused runways and via internal farm tracks. LOT 1: FARM BUILDINGS AND ABOUT HA ( ACRES) Farm Buildings The modern farm buildings at Seaside Farm were erected 5 years ago and are purpose-built for the farming unit. The buildings consist of the following: Store/Shed (20m x 12m) Of timber frame construction under a corrugated iron roof and side cladding with a concrete and hard standing floor. Grain Store (36m x 21m) Of steel portal frame construction under a box profile sheet roof and side cladding, with concrete panel grain walls and a concrete floor. There is a 14 tonne Alvan Blanch Continuous Double Flow Grain Dryer housed in a small extension to the main shed which has an intake pit to the rear and is of a height to allow trailers to tip directly from the field. Alternatively the intake pit can be loaded from the Grain Store via a forklift.

5 Farmland The land within Lot 1 extends to about Ha (90.91 Acres) and is classified as Grade 3(1) by the James Hutton Institute. The land is spilt into two fields of arable ground which are dissected by a former runway. Access road to the south and east of the ground is included with Lot 1. Solar The Seller has been in discussions with an energy company with regard to a ground mounted solar scheme. Further details are available from the Selling Agent. LOT 2: ABOUT HA (42.40 ACRES) The utilisable land in Lot 2 extends to Ha (42.40 Acres) and is located to the north east of the holding. LOT 3: ABOUT HA (36.74 ACRES) The utilisable land in Lot 3 extends to approximately Ha (36.42 Acres) and is located to the east of the holding. LOT 4: ABOUT HA (49.64 ACRES) Extending to approximately Ha (49.64 Acres) of farmland located to the south west of the holding. LOT 5: ABOUT HA (35.06 ACRES) This lot extends to approximately Ha (35.06 Acres) of reed beds located adjacent to the River Tay. The reed beds are protected by a number of local and national designations due to their national conservation importance. A range of protected birds can be found in the area. We are aware of neighbouring land owners who have agreements with the RSPB to manage the reed beds and in return receive an annual payment from the RSPB. Further information is available from the Selling Agent. SOLICITORS Hodge Solicitors LLP 28 Wellmeadow Blairgowrie Perthshire PH10 6AX DIRECTIONS From north and south exit the A90 at the Errol/Rait turn off, at the roundabout take the Errol exit. Continue on this road for approximately 1½ miles before turning left onto the minor road to Errol Airfield. Follow this road for 1 mile through the village of Grange and take the first minor public road on the right after you have wound through the village. Follow this road heading south towards the Tay for 300m and a further farm track on the right at the end of this road, leads to Seaside. Eventually you will come upon a right hand junction, follow this through the trees and continue to follow this road taking the next right hand turn and follow this track onto the former runways. POSTCODE PH2 7TA ENTRY Entry to Seaside Farm will be by mutual agreement. BASIC PAYMENT SCHEME (BPS) 2015 For the avoidance of doubt no Basic Payment Entitlements are included within the sale. However Basic Payment Entitlement may be available for sale by separate negotiation. The vendor has submitted a Single Application From for 2015 which includes the land detailed in these particulars and therefore is likely to establish Basic Payment Entitlement on the land. Any payments relating to the 2015 scheme year will, if appropriate, be retained by the Vendor. If applicable, the purchaser(s) will be responsible upon occupation of the subjects of sale to comply fully with the Statutory Management requirements to maintain the farmland in Good Agricultural and Environmental Condition (GAEC) as laid down under the Cross Compliance rules of the Basic Payment Scheme (BPS) 2015 for the rest of the scheme year. IACS All of the land is registered for IACS purposes. The farm code is 67/128/0007. A purchaser(s) will be required to apply for a new holding number on entry to the farm as the land at Seaside forms part of a larger holding under the same number. LOCAL AUTHORITY Perth & Kinross Council Pullar House 35 Kinnoull Street Perth, PH1 5GD Tel: Fax: enquiries@pkc.gov.uk SGRPID Strathearn House Broxden Business Park Lamberkine Drive Perth, PH1 1RX Tel: Fax: NITRATE VULNERABLE ZONE Seaside Farm lies within the Strathmore and Fife NVZ. SERVICES There is a diesel generator and private water supply, 50,000 litre tank sunk in the ground to the east of the farm buildings, water collected from rain water serves the farm buildings. LAND MANAGEMENT OPTIONS There are no Land Management Options currently in place on the land. SPORTING RIGHTS Insofar as these rights form part of the property title they are included with the sale. TIMBER All fallen and standing timber is included in the sale insofar as they are owned.

6 There will be no ingoing valuation once the current crop has been removed. 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 selling agents 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 8% over Bank of Scotland borrowing rate. DEPOSIT A deposit of 10% of the purchase price shall be paid within seven days of completion of Missives. Deposit will be nonrefundable in the event of the purchaser failing to complete for reasons not attributable to the Seller or their Agents. VIEWING Viewings are strictly by prior appointment and only through the Selling Agents. HEALTH & SAFETY The property is an agricultural holding and appropriate caution should be exercised at all times during inspection. MORTGAGE FINANCE CKD Galbraith are approved Agents for the Agricultural Mortgage Corporation (AMC) and we can assist you in securing finance loans for a variety of farming purposes including the purchase of land and property, restructuring debt, and to provide working capital for diversification, improving or erecting farm buildings. For further details and to discuss any proposals in confidence please contact Robert Taylor on robert.taylor@ckdgalbraith.co.uk IMPORTANT NOTES 1. These particulars are intended to give a fair and overall description of the property. If any points are relevant to your interest, please ask for further information, prior to viewing. Prospective purchasers are advised to seek their own professional advice. MINERALS The mineral rights are included in the sale insofar as they are owned by the Seller. THIRD PARTY RIGHTS AND SERVITUDES The subjects are sold together with, and subject to, all existing rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves in all respects thereof. If the property is sold in lots, a deed of condition will be entered into by the purchasers governing all access, maintenance, shared access, services and boundaries. There is high pressure mains sewage pipe crossing through Fields 3, 4 & 5. There is an unrestricted right of access for agricultural purposes along the private road marked A to B on the sale plan. DESIGNATIONS Lot 5 - The area of reed beds falls into the following designations: Inner Tay Estuary Site of Special Scientific Interest (SSSI), and the Firth of Tay and Eden Estuary SAC, SPA & RAMSAR. INGOING VALUATION The purchaser(s) of the Seaside Farm shall, in addition to the purchase price, be obliged to take over and pay for, at a valuation to be agreed by a mutually appointed valuer(s), with respect to the following: 1. All cultivations and 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. 2. All hay, straw, fodder, roots, silage and farmyard manure and other produce at market value. 3. All oils, fuel, fertilisers, sprays, chemicals, seeds, and sundries at cost. 2. Areas, measurements and distances are given as a guide. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances. 3. These particulars shall not be binding on our clients whether acted on or otherwise, unless the same is incorporated within a written document, signed by our clients or on their behalf, satisfying the requirements of Section 3 of The Requirements of Writing (Scotland) Act Closing Date A closing date may be fixed. Prospective purchasers who have notified their interest through lawyers to CKD Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously. The Seller will not be obliged to accept the highest, or indeed any offer and has the right to accept an offer at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred by interested parties. 5. Offers Formal offers in the acceptable Scottish Legal Form confirming; if an offer is in relation to the whole, or a specific lot, or a combination of lots, and if an offer is subject to the sale of a property, together with proof of funding, should be submitted to: CKD Galbraith LLP, Suite C, Stirling Agricultural Centre, Stirling FK9 4RN. Tel: Fax: stirling@ckdgalbraith.co.uk 6. Third Party Rights and Servitudes The subjects are sold together with and subject to all existing rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves in all respects thereof. 7. Photographs taken July Particulars prepared July 2015.

7 Seaside Farm Field No BPS Region Ha Acres Crop Crop Crop Crop Crop Lot WW SB WW SB WW WW WW WW WW WW Misc N/A RYB Total Lot SB WW SO WW SB Total Lot SB WW SO WW SB Misc RYB Total Lot SB WW WW SB WW Lot PRSL PRSL PRSL PRSL PRSL Total Land at Seaside By Errol Perth & Kinross PH2 7TA CKD Galbraith, Suite C1, Stirling Agricultural Centre, Stirling FK9 4RN Tel: Fax: stirling@ckdgalbraith.co.uk Seaside Farm Lot 1 Lot 2 Lot 3 Lot 4 Lot 5 Access m N PLAN NOT TO SCALE. This plan is published for the convenience of the publishers only. Crown copyright and database rights (2015) Ordnance Survey Licence No OFFICES ACROSS SCOTLAND

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