FREEHOLD FOR SALE BY PRIVATE TREATY

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Suite 8, Rectory House Thame Road, Haddenham Buckinghamshire HP17 8DA Tel: 01844 291384 Email: woods@johnclegg.co.uk John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS Meidrim, near Carmarthen 2.11 Hectares / 5.23 Acres An attractive small block of mature commercial Douglas fir, Japanese larch and mixed broadleaves close to the village of Meidrim. FREEHOLD FOR SALE BY PRIVATE TREATY Guide Price 40,000 www.johnclegg.co.uk

St Clears 6 miles Carmarthen 11 miles Narberth 18 miles (all distances are approximate) DIRECTIONS From St Clears travel east on the B4298 taking the left turn at the New Inn public house. Continue on this road past the Unsuitable for wide vehicles sign and enter the village of Pandy. Stay on this road following it round to the right passing a large steel frame building on the left hand side of the road. Leave the village and the entrance to the wood may be found approximately 300 yards up the hill on the left hand side of the road, point A on the sale plan. OS 1:50,000 Map 145 Ref SN302238. Nearest post code SA33 5PT. 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. DESCRIPTION Upper Ty Hen, originally part of the larger Meidrim Woodlands, sits just to the north of the village of Pandy in Carmarthenshire. Rising up from the public highway this wood benefits from excellent access via a well-made stone track which leads in from the north of the wood and splits the property in two travelling to the south-west. The crops were originally established in 1970 and comprise of Douglas fir, Japanese larch with a small number of Sitka spruce and a minor element of mixed broadleaves. The commercial crop has previously been thinned and stands at a good volume. The larch element of the crop offers good form and the whole wood brims with the possibility of some immediate felling income. The topography of the site slopes up from the east to west and is easily accessed either from the internal track or the public highway. The easy accessibility of the property and the current stocking making this an excellent small investment for a pension fund. The possibility of felling and restocking looms large within the ongoing commercial management of the property. Within the next rotation thought may be given to replacement commercial species or conversion to make a small broadleaf amenity property. Either of these options provides an interesting opportunity for the woodland and its new owner. STOCKING SCHEDULE Cpt. Area P. Year Principal Species (ha.) a 0.60 1970 Japanese larch b 1.00 1970 Douglas fir c 0.10 - Mixed broadleaves 0.30 - Unstocked Total 2.00 hectares MANAGEMENT The wood is currently managed by Sylvaen Ltd, Y Winllan, Brechfa, Carmarthen SA32 7QZ telephone 01267 202233. Their Mr Huw Denman will be pleased to discuss future management with prospective purchasers. 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. RIGHTS OF WAY The woodland is sold subject to a right of way for all purposes in favour of an adjoining land owner over the route shown AB on the sale plan with maintenance according to user.

RIGHTS AND EASEMENTS The woodland is 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 woodland is 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 Upper Ty Hen is offered for sale by Private Treaty. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted. Please contact our Haddenham office on 01844 291384. 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 2017. This now requires us to conduct due diligence on property purchasers. Once an 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 from the following link: https://www.gov.uk/guidance/money-laundering-regulationsyour-responsibilities OFFERS AROUND 40,000 ARE INVITED 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) No warranty is given for the health of the trees within the property for sale. (6) 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 May 2018.

Key Property Boundary Compartment Boundary Path Reserved Right of Way A a B b c Upper Ty Hen Scale 1:2,500 @ A4 Suite 8, Rectory House, Thame Road, Haddenham, Bucks, HP17 8DA This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and does not form part of any contract. Drawing No S10428-01 Date 30.04.18 Reproduced by permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office. Crown Copyright. All rights reserved. Licence No. ES 100020416

Not To Scale Suite 8, Rectory House Thame Road Haddenham, Bucks HP17 8DA www.johnclegg.co.uk N This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and does not form part of any contract. Reproduced by permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationary Office, Crown Copyright. All rights reserved. Licence No. 100023148 Produced by Pear Technology Services Ltd. www.peartechnlogy.co.uk info@peartechnology.co.uk

John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS Scotland: 0131 229 8800 England: 01844 291384 Wales: 01600 730735 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 4176965 and with registered office address at 5 Aldermanbury Square, London EC2V 7BP