DINGWALL & HIGHLAND MARTS LIMITED

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1 DINGWALL & HIGHLAND MARTS LIMITED PARTICULARS OF SALE FOR THE COMBINED FARMS OF TULLICH FARM, BALINDRUM FARM and FEARN AIRFIELD FEARN, ROSS SHIRE Productive mixed arable and stock unit and 5 bedroom farm house, in all about acres (250.6 ha) For sale as a whole or in 4 lots

2 Lot Number Acreage Asking Price Lot 1 - Tullich Farm land acres Offers over 800, Lot 2 - Balindrum Farm land acres Offers over 850, Lot 3 - Fearn Airfield land & Torpedo sheds acres Offers over 1,300, Lot 4 - Farm house & paddock 2.6 acres Offers over 295, Total acres Sold as a whole or in 4 lots for offers over 3,245,000.00

3 Description The combined farms of Tullich, Balindrum and Fearn Airfield extend to acres of predominantly highly productive arable land with some areas more suited to livestock production. Tullich and Fearn Airfield land is part of the Nigg Valley drainage scheme. Included in the Airfield lot are 72.4 acres of roads and old runways which are brown field land and have potential for a variety of alternative uses, subject to necessary consents being obtained. The land all lies within 100ft of sea level and is classified on the MacAulay Land Scale as principally 3 1 with a sizeable block of grade 2 and a further block of grade 3 2. The soil varies in the arable fields but is easily worked and relatively stone free. The land has over the last few years been let to a neighbouring farmer whose cropping programme has been spring barley, winter barley and winter oil seed rape. YIELD AVERAGES TONNE/HECTARE TONNE/ACRE Spring barley Winter barley Winter oil seed rape The livestock grazing areas are lighter land more suited as permanent pasture and are all adequately fenced with access to water.

4 Situation The farms are situated in the heart of Easter Ross, a traditional area of high yielding land on the east coast of the Highlands of Scotland which has a reputation of moderate weather conditions with below average rainfall (33 inches per annum) The village of Fearn, with a primary school, local shop and hotel, is conveniently situated to the farms and is well known as a thriving local community. The town of Tain which is Scotland s oldest Royal Burgh lies approximately 8 miles to the north. Tain has its own Glenmorangie Distillery and is on the far north railway line. There are two primary schools and a secondary academy with 500 pupils, it also has a number of hotels, swimming and sport facilities and a variety of shops including several leading supermarkets. The Ross-shire market town of Dingwall is located approximately 25 miles south and also has a wide range of leisure, commercial and business services. Inverness city is approximately 35 miles away and has a more extensive range of arts, leisure and entertainment facilities. There is a train station and airport, making it very accessible to all parts of the UK and beyond.

5 Lot 1 - Tullich Farm land Extends to acres (67.86ha) or thereby of agricultural land, of which acres are a mix of arable and permanent pasture. This block of land is accessed from the B9166 Fearn to Balintore road. The land is principally grade 3 1 with a small area of 3 2 on the MacAulay Land Scale. The soil types vary from a highly productive clay/loam to smaller areas of both lighter and peaty soils. Included in the block of land are 4 fields extending to 56 acres which are under permanent pasture due to the fact they have derelict World War II military camp buildings.

6 Lot 2 - Balindrum Farm land Extends to acres (56.3ha) or thereby of which acres are agricultural land in 6 enclosures which is accessed from the B9165 Fearn to Portmahomack road. This block of grade 2 and 3 1 land on the MacAulay Land Scale is set on a gentle south facing slope. The most northerly 4 fields are extremely productive and high yielding whilst the remaining 2 southerly fields are lighter land. There is a mature shelter belt of spruce trees in the lower fields extending to approximately 2.5 acres, and 4 acres of roads and ditches.

7 Lot 3 - Fearn Airfield land This area of land extends to 310 acres (125.5ha) or thereby of which 215 acres are cropping land which is all grade 3 1 on the MacAulay Land Scale. This is a mixture of heavy loam and lighter land capable of a high level of production. The whole area of land is generally of a flat and level aspect. The remaining 95 acres are made up of approximately 24 acres of permanent pasture some of which have derelict buildings and concrete structures remaining from the military camp and a further 71 acres are made up of tarred roads and former runways. Torpedo shed Triple dome shaped sheds, 30m x 30m. Block and brick built buildings with corrugated iron roofing on iron trusses, and concrete floors. This old M.O.D. building is only in fair condition and at present has a tenant with a full repairing lease which expires in 2018, that generates an income of 300 per calendar month.

8 Lot 4 - Farm house & paddock Large detached farmhouse on an elevated site with open views set in a peaceful rural location. Accommodation comprises: Porch, Hall, Living Room, Dining Room, Sun Lounge, Kitchen, 5 Bedrooms, Shower Room and Bathroom. The property is accessed via a tarred drive and has a large garden including an enclosed walled garden. There is a dog run and ample parking for a number of vehicles. A large paddock comes with the property. The total amount of land included in the sale is 2.6 acres. The farm house with adjoining paddock are being advertised separately by a different selling agent, but are potentially available and can be included within an offer for the farmland. EPC rating: E Conservatory 11.88m x 3.48m Living Room 3.96m x 4.84m Hall 2.77m x 3.47m Dining Room 4.84m x 3.6m Bedroom m x 4.95m Bedroom m x 1.47m Bedroom m x 3.55m Porch 3.03m x 2.17m Shower Room 3.03m x 1.42m Kitchen 3.71m x 2.64m Bathroom 3.33m x 4.29m Tullich Farm Bedroom 1 4.7m x 3.13m Bedroom m x 3.01m Cattle Grid Floor plans not to scale Tullich Farm Cottage DRA

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11 GENERAL INFORMATION The Scottish Government Environment and Rural Affairs Department Longman House, 28 Longman Road Inverness, IV1 1SF t Local Authority The Highland Council, Glenurquhart Road, Inverness, IV3 5NX t Solicitors Mackenzie & Cormack Tower Street, Tain IV19 1DZ t: REF: Nigel D Jones BPS All land is in payment region 1 and no entitlements are included within the sale. Sporting Rights All sporting rights are included in the sale. Timber All standing and fallen timber is included in the sale. Mineral The mineral rights are included in the sale in so far as owned by the seller. Date of Entry Entry will be by mutual agreement. Offers Offers should be submitted in Scottish legal terms to the selling agents, Dingwall & Highland Marts Limited, Humberston, Bailechaul Road, Dingwall, Ross-shire, IV15 9TP. The owner reserves the right to sell without imposing a closing date and will not be bound to accept the highest or indeed any offer. Purchase Price Within seven days of the conclusion of missives a non returnable deposit of 10% of the purchase price will 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 at the rate of 5% above the Royal Bank of Scotland base rate. No consignation shall be effectual in avoiding such interest. Plans, Areas and Schedules These are based upon the title deeds. They have been carefully checked and computed by the selling agent and the purchaser shall be deemed to have satisfied himself as to the description of the property and any error or mis-statements shall not annul the sale or entitle either party to compensation in respect thereof. Generally Should there be any discrepancy between these particulars and the Missives of Sale, the latter shall prevail.

12 Servitude Rights, Burdens and Wayleaves The property is sold subject to and with the benefit of all servitude rights, including rights of access and rights of way, whether public or private. The purchaser will be held to have satisfied himself as to the nature of all such servitude rights and others. Viewing Strictly by appointment with Dingwall & Highland Marts Limited. t Date of Information Particulars prepared : August/September 2015 Photographs taken : July 2015 IMPORTANT NOTICE Whilst every care has been taken in the preparation of these particulars, all interested parties should note: (i) (ii) (iii) (iv) (v) (vi) The description and photographs are for guidance only and are not a complete representation of the property. Plans are not to scale, are for guidance only and do not form part of the contract. Services and any appliances referred to have not been tested, and cannot be verified as being in working order. No survey of any part of the property has been carried out by the Sellers or Dingwall & Highland Marts Limited. Measurements are approximate and must not be relied upon. Nothing in these particulars or any related discussions forms part of any contract unless expressly incorporated within a subsequent written agreement. For further information, please contact: Dingwall & Highland Marts Limited, Humberston, Bailechaul Road, Dingwall, Ross-shire, IV15 9TP T: E: info@dingwallmart.co.uk W:

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