TODSBUGHTS FARM WOODLAND

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1 TODSBUGHTS FARM WOODLAND Nr Slamannan, Central Scotland Hectares / Acres

2 TODSBUGHTS FARM WOODLAND Slamannan 2 miles Falkirk 9 miles Glasgow 19 miles Edinburgh 33 miles (Distances are approximate)

3 TODSBUGHTS FARM WOODLAND Hectares / Acres Lot 2 A productive conifer and mixed broadleaved woodland with a range of species and a parcel of grazing land, located in Central Scotland. Sporting rights included. FREEHOLD FOR SALE IN THREE LOTS OR AS A WHOLE Lot Hectares / Acres Offers Over 225,000 Lot 2 Hectares / Acres Offers Over 300,000 As A Whole Offers Over 540,000 Lot Hectares / Acres Offers over 15,000 SOLE SELLING AGENTS John Clegg & Co, 76 George Street, Edinburgh EH2 3BU Tel: Ref: Patrick Porteous & Jock Galbraith

4 Sitka spruce Lot 2 Native broadleaves - Lot 1 Hybrid larch - Lot 1 Sitka spruce - Lot 1

5 LOCATION Todsbughts Farm Woodland is located in Central Scotland, just 2 miles west of Slamannan village on the B803. The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000, Number 65, Grid Reference NS ACCESS From Slamannan, head west for approximately 2 miles on the B803 public road. The northern section of the property (Lot 1) has direct access off the B803 via a servitude right of access, shown between points A1-A2 on the sale plan. This has been used for timber extraction recently and does not require improvement. Maintenance is according to user. The southern section of the woodland (Lot 2) has some road frontage on to the B803; however, the main access points are taken further south, directly off the minor single track public roads to the east and west of the property. Construction of a suitable access will be required for timber extraction and the most appropriate point would be A3, as shown on the plan. Such development will require prior approval from the local authority. Lot 3 currently has access directly off the B803 through an existing gate. Access is suitable for agricultural use at present but could be improved. Lot 1 Todsbughts Wood This lot was planted in 1997 and contains ha of mainly Sitka spruce and, to a much lesser extent, Hybrid larch which is growing well and is expected to produce some quality timber. There are also ha of mixed Native broadleaves which include ash, rowan, willow, oak, sycamore, hazel, alder and cherry. In the main, these have established well, although they could be improved with drainage. Lot 1 Species N/A Planting Year 1997 Area (Ha) Sitka spruce/hybrid larch Mixed broadleaves Open ground Total Lot 2 Low Roughrigg Lot 2 was planted in 1994 and contains a total of ha of conifer crop of which ha (83%) consists of mostly Sitka spruce and some Hybrid larch. The remainder, 3.62 ha, consists of Scots pine. The growth rates are good on the freely drained soils but are more varied in the patches of the pine and larch where the soils are heavier. There are also ha of mixed broadleaves, which are well established. Lot 2 Species N/A Planting Year 1994 Area (Ha) Sitka spruce/hybrid larch Scotts pine Mixed broadleaves Open ground Total Lot 3 Todsbughts Field Lot 3 is a grass paddock of 4.64 ha/11.46 ac, classified as 4.2 for land capability, which is suitable for tree planting or for livestock grazing. Further information, including compartment data and maps, is available from the Selling Agent upon request. SPORTING RIGHTS Sporting rights are included with each lot, with potential for Roe deer stalking. BOUNDARIES The boundaries are generally stock-fenced and appear to be in reasonable condition. The fence enclosing Sharphill Cottages is to be maintained by the purchaser of Lot 1. The fence on the eastern boundary of Todsbughts Farmhouse is to be maintained by the owner of the farmhouse. The remaining boundaries are to be maintained in stock-proof condition at joint equal expense with the neighbouring proprietors. MINERAL RIGHTS Mineral rights are excluded for Lot 1, parts of Lot 2 and Lot 3. These were reserved by previous occupiers and are not included in the sale. WAYLEAVES & THIRD PARTY RIGHTS The access A1-A2 is also shared with the proprietors of Sheilknowes Cottage and Rashiehill Forest. Maintenance is on a user basis. The property will be sold with the benefit of, and subject to, all existing rights and burdens within the title. WOODLAND GRANTS There are no grant schemes in place and no transfer of obligations required. For further information on current grants available please visit the FCS and Scottish Government websites: AUTHORITIES Forestry Commission Scotland Central Scotland Conservancy Bothwell House, Hamilton Business Park Caird Park, Hamilton ML3 0QA Tel: Falkirk Council Municipal Building West Bridge Street Falkirk FK1 5RS Tel: VIEWING Viewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. Please contact the Selling Agents in advance of your visit to arrange a viewing. For your own personal safety please be aware of potential hazards within the woodland when viewing. OFFERS If you wish to make an offer or would like to be informed of a closing date for offers, it is important that you contact the Selling Agents to note your interest and to obtain the specific Anti- Money Laundering details that we require from a purchaser prior to accepting an offer. Please also be aware that all offers must be submitted in Scottish Legal Form before they can be formally accepted. FINANCIAL GUARANTEE/ANTI-MONEY LAUNDERING All offers, whether cash or subject to loan finance, must be accompanied by a financial reference from a bank/funding source that is acceptable to the Selling Agents and to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the payer) Regulations For further information, please contact the Selling Agents.

6 SOLE SELLING AGENTS John Clegg & Co, 76 George Street, Edinburgh EH2 3BU. Tel: Ref: Patrick Porteous & Jock Galbraith. SELLER S SOLICITORS Hall Baird Solicitors Ltd. The Old Exchange, Castle Douglas DG7 1TJ. Tel: Ref: David Hall. TAXATION At present, all revenue from timber sales is Income and Corporation Tax free. There is no Capital Gains Tax on growing timber, although there may be a liability on the land. Under the Inheritance Tax regime, 100% Business Property Relief should be available on commercial woodlands. VAT is charged on forestry work and timber sales, although its effect is neutral if managed as a business. Government grants are received tax free with the exception of farm woodland and subsidy payments. IMPORTANT NOTICE John Clegg & Co, its members, employees and their clients give notice that: 1. These particulars (prepared in January 2019) and all statements, areas, measurements, plans, maps, aspects, distances or references to condition form no part of any offer or contract and are only intended to give a fair overall description of the property for guidance. John Clegg & Co will not be responsible to purchasers, who should rely on their own enquiries into all such matters and seek professional advice prior to purchase. 2. Neither these particulars nor any subsequent communication by John Clegg & Co will be binding on its clients, whether acted upon or not, unless 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 The sellers do not make or give, and neither John Clegg & Co nor its members or employees nor any joint agent have any authority to make or give, any representation or warranty in relation to the property. 4. The property (which may be subject to rights of way, servitudes, wayleaves and others) will be sold as per the title deeds, which may differ from these particulars. Photographs may depict only parts of the property, which may not have remained the same as when photographed. 5. Where reference is made to grant schemes, planning permissions or potential uses, such information is given by John Clegg & Co in good faith, but purchasers should rely on their own enquiries into those matters. 6. Prospective purchasers should be aware of the influence and effect the Wildlife and Countryside Act 1981, Nature Conservation (Scotland) Act 2004 and the Wildlife and Natural Environmental (Scotland) Act 2011 along with any statutory designations, may have on the property, including rights of public access under the Land Reform (Scotland) Act The sellers will not be obliged to accept the highest, or indeed any, offer and may at any time accept an offer or withdraw the property from the market. Neither the sellers nor John Clegg & Co will be responsible for any costs incurred by interested parties. 8. No warranty is given for the health of the trees within the property for sale Lot 3

7 TODSBUGHTS FARM WOODLAND NEAR SLAMANNAN CENTRAL SCOTLAND Sole Selling Agents N 76 George Street Edinburgh EH2 3BU Tel: edinburgh@johnclegg.co.uk This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and it does not form any part of any contract. Reproduced by permission of Ordnance Survey on behalf of The Controller of Her Majesty s Stationery Office Crown copyright. All rights reserved. Licence number

8 Lot 2 England: Scotland: 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

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