CASTLECARY FOREST Near Cumbernauld, Central Scotland Hectares/ Acres FREEHOLD FOR SALE AS A WHOLE. Offers Over 525,000

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1 2 Rutland Square Edinburgh, EH1 2AS Tel: Fax: John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS CASTLECARY FOREST Near Cumbernauld, Central Scotland Hectares/ Acres A very accessible and productive commercial forest, located in Central Scotland. Consisting of mainly Sitka spruce, with areas of attractive mixed broadleaves and Scots pine growing on good soils. Sporting rights included. FREEHOLD FOR SALE AS A WHOLE Offers Over 525,000

2 Cumbernauld 6 miles Falkirk 6 miles Glasgow 21 miles Edinburgh 36 miles (Distances are approximate) SOLE SELLING AGENTS John Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS Tel: Fax: Ref: Patrick Porteous LOCATION Castlecary Forest lies in a rural setting between the towns of Cumbernauld and Falkirk in Central Scotland. The area has excellent transport links with the M80 and M876 motorways, passing to the north of the property and providing swift access to timber markets in the region. The forest is surrounded by agricultural land and mixed woodland and has northerly views of the Kilsyth Hills. 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 the south, travel north-east on the M80 turning off at junction 6 on to the B816 and continuing on to the village of Allandale. Once in the village, turn right where signposted Burnhouse Lochan Fishery and pass beneath the rail line. Continue south up Lochgreen Road for approximately 2.5 miles to reach the forest entrance on the right, shown at point A1 on the sale plan. The forest access road drops down into the forest and along to point A2, which has been improved and used for timber haulage. All timber has to be transported east from the forest entrance via Falkirk to avoid the low bridges to the north. Two access tracks link with the internal forest road, providing four wheel drive access to the north and south of the property for ease of management. Timber has been extracted from both areas using these tracks and the public road. DESCRIPTION The forest, which was established in various stages from 1966 to 1991, incorporates some attractive mature mixed broadleaves growing on the ridge within the woodland. A Forest Management Plan has been produced by the managers, setting out plans for phased felling and replanting between 2012 and This is available upon request from the Selling Agents. The first phase of felling was completed in 2012 and then replanted with improved Sitka spruce and some mixed broadleaves, which have established well on the fertile mineral soils. Phase two is expected between 2017 and 2021, followed by three further phases. The crops are un-thinned and will produce a good income stream; and, the replanting of high yielding Sitka spruce will provide timber for the longer term. Some Ancient Semi-Natural Broadleaved Woodland remnants also exist, particularly around the central ridge, which is a lovely feature and provides excellent views over the forest to the Kilsyth Hills. A quarry has been established on its edge, providing an excellent source of road making stone and a useful storage area. The current breakdown of planting year and species is set out below. Planting Year Species Area (Ha) Sitka Spruce Sitka/ Mixed Conifer Sitka/ Mixed Broadleaf Japanese larch Scots Pine Mixed Conifer Mixed Conifer/ Broadleaf Mixed Broadleaf Open Ground Quarry Total Further information, including a copy of the Forest Management Plan, is available from the Selling Agents upon request. SPORTING RIGHTS The sporting rights are included with the freehold and are currently let on an annual sporting licence at 786 plus VAT/annum until 31st March The cull of Roe deer, averaging 6 bucks and 7 does per annum, is undertaken to protect the replanted areas. There is also rough shooting of game and potential to create a small pond on an area of wetland for habitat and flighting. BOUNDARIES The boundaries are stock-fenced and are to be maintained at joint equal expense with the neighbouring proprietors. A small area of mixed broadleaves, shown hatched, measuring 2.09 hectares is included, although without Title indemnity.

3 MINERAL RIGHTS The mineral rights have been reserved subject to compensation provisions. The forest owner retains the right to excavate surface rock, which can be used for road building purposes. Further details of the minerals reservation is available from the Seller s Solicitors if a request for this is sent to the Selling Agents. WAYLEAVES & THIRD PARTY RIGHTS An underground gas pipeline passes through the forest alongside an access track, between points G1-G2. A private underground water pipeline serving Badominie Farm also passes through the central section of the forest. Reinforced crossing points have been created for timber extraction from the north of the property to the forest road next to the quarry. An overhead low voltage electricity line passes through part of the very northern section of the forest. A public Right of Way passes through the property from east to west, along the forest road and track that dissects the forest; and, towards Allandale. The property will be sold with the benefit of, and subject to, all existing rights and burdens with the Titles. WOODLAND GRANTS The areas felled in 2012 have been replanted under a SRDP Contract and all grant income has been paid. 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 Buildings West Bridge Street Falkirk FK1 5RS Tel: 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 February 2016; Photographs taken in September 2015) 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 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 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. VIEWING Please contact the Selling Agents in advance of your visit to arrange a viewing and to obtain the access gate code. Viewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. For your own personal safety please be aware of potential hazards within the forest when viewing. OFFERS If you wish to make an offer on this property 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 Agent. SOLE SELLING AGENTS John Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS; Tel: ; Fax: Ref: Patrick Porteous. SELLER S SOLICITORS Shepherd & Wedderburn 1 Exchange Crescent, Conference Square, Edinburgh, EH3 8UL; Tel: Ref: Sarah Kiersgaard. 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

4 CASTLECARY FOREST John Clegg & Co England: Scotland: Wales: 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

5 CASTLECARY FOREST NEAR CUMBERNAULD CENTRAL SCOTLAND Sole Selling Agents John Clegg & Co Chartered Surveyors & Forestry Agents 2 Rutland Square Edinburgh EH1 2AS Tel Fax edinburgh@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 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 G2 Quarry G1 A2 Key Forest access road Forest access track Land excluded from warrandice A metres

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