CARSEGOWAN WOOD Nr Newton Stewart, Dumfries & Galloway

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CARSEGOWAN WOOD Nr Newton Stewart, Dumfries & Galloway 46.81 Hectares / 115.67 Acres John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS

CARSEGOWAN WOOD Newton Stewart 4 miles Dumfries 46 miles Carlisle 79 miles Glasgow 94 miles (Distances are approximate)

CARSEGOWAN WOOD 46.81 Hectares / 115.67 Acres A fascinating mixed woodland, dominated by fast growing Sitka spruce, established on the site of a former WWII munitions factory. Pretty areas of mixed broadleaves. Excellent wildlife habitat. Development potential and sporting rights included. FREEHOLD FOR SALE IN TWO LOTS OR AS A WHOLE Lot 1 31.82 Hectares/78.63 Acres Offers Over 115,000 As a Whole Offers Over 200,000 SOLE SELLING AGENTS John Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS Tel: 0131 229 8800 Fax: 0131 229 4827 Ref: Patrick Porteous Lot 2 14.99 Hectares/37.04 Acres Offers Over 85,000

LOCATION Carsegowan Wood is located between Wigtown and Newton Stewart in Galloway, South West Scotland. The woodland lies just 3 miles from the coast and Wigtown Sands, close to the Galloway Forest National Park. The area is well-known for its many outdoor activities, tourism and picturesque countryside, as well as being well-located for timber markets and local amenities. The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000 Number 83, Grid Reference NX 427 595. ACCESS From Newton Stewart, head south on the A714 for approximately 3 miles to the access points, shown at point A1 or A2 on the sale plan. The private access road is also signposted for Carseview and Carsegowan Cottage. Continue along this shared access road to the entrance of Lots 1 and 2, at point A3. From here on, there is a network of internal access tracks around the woodland which, at present, are only suitable for four wheel drive use. However, there is a right to upgrade, improve, widen and straighten these access roads. DESCRIPTION The attractively designed woodland was planted in 1997 with, what is now, an excellent crop of Sitka spruce, with some larch and a mosaic of mixed broadleaves. The broadleaved areas include native species that naturally colonised parts of the wood post 1945, which link with areas of unplanted open ground. All species are growing well and the spruce crop is estimated to be growing at a yield class of 20. This is now at a stage where thinning could be considered to generate some income and improve the maturing timber crop. The seller obtained a Felling Licence in 2015 for some broadleaf thinning, which is yet to be carried out. Carsegowan was established on the site of a former WWII munitions factory, which closed in 1945. Many of the structures are still visible, with its fascinating array of derelict buildings and bunkers scattered around the property. There is a good network of internal paths, tracks and rides, which makes exploring the woodland and its intriguing history a pleasure. The buildings and foundations provide the opportunity to develop, what could be, a unique tourist attraction and outdoor recreational facility within the woodland. Alternatively, there is the potential for residential or commercial development, subject to obtaining the necessary planning consent. Lot 1 - This includes a pond and an extensive area of mixed broadleaves, which provide a charming area, rich in biodiversity, and an excellent habitat for local wildlife. Planting Year Species Pre 1960s 1997 Area (Ha) Sitka Spruce 13.18 13.18 Mixed Broadleaves 6.50 7.67 14.17 Open Ground 4.47 4.47 Total 10.97 20.85 31.82 Lot 2 - This is similar to Lot 1 and includes an area which previously had planning consent (in 2007) for a residential dwelling; however, this has now lapsed. Planting Year Species Pre 1960s 1997 Area (Ha) Sitka Spruce 5.52 5.52 Hybrid Larch 1.10 1.10 Mixed Broadleaves 2.00 2.33 4.33 Open Ground 4.04 4.04 Total 6.04 8.95 14.99 Further information is available from the Selling Agents upon request; additional pictures and documentation are available at www.carsegowan.co.uk (the domain name is available to the buyer of the property). SPORTING RIGHTS The sporting rights are included and are currently let at an annual rent of 500. The woodland has Roe deer and is well-designed for stalking due to an excellent layout of rides, open spaces and drains. The pond provides excellent wild fowling and there is Brown trout fishing along the bank of the Bishop Burn, which flows into the River Cree Estuary. BOUNDARIES These are mainly stock-fenced, with some sections made up of old WWII security fencing. The boundary fences are to be maintained at joint mutual expense with the neighbouring proprietors. MINERAL RIGHTS Mineral rights are included except as reserved by Statute or in terms of the Title. WAYLEAVES & THIRD PARTY RIGHTS The access route A1 A3 is shared; maintenance is according to user. 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 for woodland management please visit the FCS and Scottish Government websites: http://www.forestry.gov.uk/scotland https://www.ruralpayments.org/publicsite/futures AUTHORITIES Forestry Commission Scotland South Scotland Conservancy 55/57 Moffat Road Dumfries DG1 1NP Tel: 01387 272 440 Dumfries & Galloway Council Council Headquarters Council Offices, English Street Dumfries DG1 2DD Tel: 0303 333 3000 PROPERTY DEVELOPMENT The seller wishes to retain a clawback over both Lots 1 & 2 for 25% of the uplift in market value of any consented property development projects being granted planning consent within a period of 10 years from the date of entry. 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. Extra care should be taken around the buildings and bunkers. OFFERS If you wish to make an offer on either Lots 1 or 2 or would like us to inform you of a closing date for offers, it is important that you notify us in writing of your interest. Offers in Scottish Legal Form are to be submitted to the Selling Agents. SOLE SELLING AGENTS John Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS; Tel: 0131 229 8800; Fax: 0131 229 4827. Ref: Patrick Porteous. SELLER S SOLICITORS Hall Baird Solicitors Ltd, The Old Exchange, Castle Douglas, DG7 ITJ; Tel: 01556 502 764. 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 LLP, its members, employees and clients give notice that: 1. These particulars (prepared in March 2016) 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 LLP 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 LLP 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 1995. 3. The sellers do not make or give, and neither John Clegg & Co LLP 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 LLP 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 2003. 7. 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 LLP will be responsible for any costs incurred by interested parties.

Key Forest road Forest track A1 Lot 2 Lapsed Planning Site Lot 1 A3 A2 Lot 2 CARSEGOWAN WOOD Nr NEWTON STEWART DUMFRIES & GALLOWAY Sole Selling Agents John Clegg & Co N 0 100 500 1000 metres Chartered Surveyors & Forestry Agents 2 Rutland Square Edinburgh EH1 2AS Tel 0131 229 8800 Fax 0131 229 4827 email: 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 100020416

John Clegg & Co England: 01844 291 384 Scotland: 0131 229 8800 Wales: 01600 730 735 John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH1 2AS Lot 1