ULPHA PARK near Duddon Bridge, Cumbria Hectares / Acres

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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 ULPHA PARK near Duddon Bridge, Cumbria 29.00 Hectares / 71.65 Acres An impressive block of principally Sitka spruce commercial conifers replanted in 2014. FREEHOLD FOR SALE BY PRIVATE TREATY Guide Price 175,000 www.johnclegg.co.uk

ULPHA PARK Broughton-in-Furness 4 miles Kendal 32 miles Lancaster 48 miles (all distances are approximate) DIRECTIONS From the town of Broughton-in-Furness travel west on Church Street to the junction with the A595. At the T-junction adjacent to the High Cross Inn turn right and continue on the A595 for 1¼ miles. After crossing the river bridge take the right hand junction signed towards Corney and continue on this road for around 1½ miles. After crossing a cattle grid take the right fork towards Broughton. After 500 yards and after crossing another cattle grid and river bridge the track leading to the woodland may be found on the right hand side of the road. The track is secured by a wooden gate with a Dead End sign attached to it. The entrance to the wood may be found two-thirds of a mile up the track on the right hand side, point A on the sale plan. OS 1:50,000 Map 96 Ref SD187911. Nearest post code LA20 6EX. 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 Ulpha Park is situated within the picturesque Duddon Valley in the Lake District National Park and abuts the Frith Hall lands. Historically in Cumberland, the Duddon Valley now forms part of the Borough of Copeland. Access to the wood is taken from the county highway at either Logan Beck Bridge as per the directions or Millbrow to the north. Between these two points is a stoned road along which timber has been extracted to the south during previous harvesting operations. Ulpha Park may be found to the east of this track approximately halfway along its length. The entrance to the wood is marked by a steel gate and hardstanding beyond which is a stone track leading into the body of the wood. The topography is interesting with large areas of the woodland having an easterly aspect. There are steeper elements with stone crags which provide excellent spots from which a visitor can gain a good overview of the whole wood. Recently the mature spruce crops and some of the mature birch have been harvested, leaving only small stands of mature mixed broadleaves from the previous rotation. At the eastern end of the wood is a small area of Ancient Woodland stocked with mature birch. The areas around this have been left to regenerate naturally as per the terms of the felling licence. The majority of the site was restocked with Sitka spruce in 2014 with smaller areas of western hemlock regeneration. The young Sitka crop is just starting to perform well and the standard and density of the restocking is good. The growth rate of this crop is encouraging with leader lengths of over one metre on the western edge of the wood. Throughout the rest of the site they range from 40cm to 60cm and the colour and form indicates good growing conditions on the freely draining acid loamy soils over rock. The crops have been beaten-up and well-maintained with annual spraying and ongoing inspections. The western hemlock regeneration is exceptionally strong in the very eastern and northern parts of the wood. This will supplement the Sitka crops and add some species diversity to the woodland. Some cleaning and respacing will be required as the hemlock ages. The broadleaf elements of this wood are, for the large part, mature with natural regeneration in the eastern area of the wood which was previously mature birch and ash. This is an impressive site with all the attributes for a commercial forestry purchaser seeking a medium to long term investment. The success of the establishment of the young crops is encouraging and with some further management work to remove competing vegetation will secure an excellent future for the property.

ULPHA PARK 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. The shooting rights are not let. The stalking rights are let until 28 th February 2019. The rent has been paid in advance and will not be apportioned on completion. MINERAL RIGHTS These are owned and included in the sale except as reserved by statute. FENCING There is a fencing liability on the northern boundary against the agricultural land. ACCESS An access agreement with the Lake District Special Planning Board was entered into in 1997. This permits the public to use woodland on foot for free informal quiet enjoyment. A copy of this agreement may be found on John Clegg & Co s website www.johnclegg.co.uk 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. 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 Ulpha Park 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 175,000 ARE INVITED WAYLEAVES The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. 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 February 2018.

Key Property Boundary Path A Ulpha Park, Cumbria Scale 1:7,500 @ 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 S10204-01 Date 26.02.18 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

ULPHA PARK 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