KIRKCONNELL FOREST. Near Ringford, Dumfries & Galloway Hectares / Acres

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1 KIRKCONNELL FOREST Near Ringford, Dumfries & Galloway Hectares / Acres

2 KIRKCONNELL FOREST Ringford 1.5 miles Castle Douglas 8 miles Dumfries 26 miles (Distances are approximate) Lockerbie 39 miles

3 KIRKCONNELL FOREST Hectares / Acres A well-located commercial forest investment opportunity with maturing timber and recently replanted crops. Benefitting from good mineral soils and access to timber processors in South West Scotland. FREEHOLD FOR SALE AS A WHOLE OFFERS OVER 1,300,000 SOLE SELLING AGENTS John Clegg & Co, 76 George Street, Edinburgh EH2 3BU Tel: Ref: Patrick Porteous MICFor

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5 LOCATION Kirkconnell Forest lies 1.5 miles to the north of Ringford and the A75 in Dumfries & Galloway in South West Scotland. The forest wraps around the gently undulating slopes of the Towers of Kirkconnell, providing wonderful views south to the Solway Firth and beyond. The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000 Number 84, Grid Reference NX , which identifies the access off the public road. ACCESS If approaching the area from Dumfries, follow the A75 west until reaching the turn off for Ringford. Turn off on to the A762 and head north through Ringford. Approximately 1.5 miles from Ringford, pass a sign for Waterside and just beyond is the shared access that leads up to Kirkconnell Forest, shown at point A1 on the sale plan. Cross over the bridge and bear left through a farm gate and continue along the access track, which wends its way up to the forest entrance gate via point A2 to point A3. This track was recently improved for timber extraction using an abundant supply of stone from a quarry within the forest. The internal forest access ring road was also improved and provides excellent access. Maintenance of the access track between points A1 A2 is shared with the neighbouring landowner, with maintenance according to user. The forest owner is also responsible for carrying out a bridge inspection survey prior to and following any harvesting operations; and, to monitor the condition of the bridge. Maintenance of the access track between points A2 A3 is the sole responsibility of the forest owner. DESCRIPTION Kirkconnell Forest was planted between 1984 and 1986 with predominantly Sitka spruce and, to a lesser extent, Japanese larch and Douglas fir. The standing timber crop has a significant volume of timber maturing on the fertile, free draining mineral soils and further felling can be anticipated shortly. Felling of approximately hectares of Sitka spruce, larch and Douglas fir took place in 2016 to generate revenue. This was followed by more recent felling of approximately hectares of mainly Japanese larch, which was affected by Phytopthora Ramorum. This area was located in the centre of the forest and there still remain two small areas of larch within the standing spruce, which could be felled or left until the surrounding crop is ready to be felled. Replanting followed both felling operations in 2016 and spring of this year (2018) with planting of mainly genetically improved (high- yielding) Sitka spruce and a proportion of Norway spruce, Douglas fir, Scots pine and broadleaves. The forest benefits from a climate well suited to Sitka spruce. With a well-established timber market in this region, the forest owner is able to maximise both timber volume production as well as achieving high timber prices. Please be aware that the area quoted in the Title amounts to hectares, whereas the digitised measurement is hectares. Further information, including compartment data and maps, is available from the Selling Agent upon request. SPORTING RIGHTS The sporting rights were reserved by the previous landowner (now tenant) by way of a long lease when the land was sold for establishment of the forest. However, the forest owner reserves the right to control all vermin or game that cause damage and are a nuisance to forestry activities. The tenant is also responsible for payment of any sporting rates and to free and relieve the landlord of any liability arising from the tenant s sporting activities. Both Red and Roe deer can be found within the forest. There is an attractive pond located in the southern half of the forest (which could provide some amenity duck flighting) creating some interesting habitat for wildlife. BOUNDARIES The boundary is stock fenced with maintenance shared to a stock proof standard between the forest owner and the neighbouring proprietors. MINERAL RIGHTS Mineral rights are included except as reserved by Statute or in terms of the Title. Planting Year Species N/A Area Total (Ha) Sitka spruce Douglas fir Norway spruce Mixed broadleaves Japanese larch Mixed broadleaves/open ground Scots pine Mixed broadleaves/open ground/scots pine Open ground Total

6 WAYLEAVES & THIRD PARTY RIGHTS The forest access road is shared with the neighbouring proprietor between points A1-A2-A3. Maintenance is shared between points A1 A2 only. The property will be sold with the benefit of, and subject to, all existing rights and burdens within the Title. WOODLAND GRANTS The previous felling was carried out under Licence (FLA00867 & FLA01791). All replanting has now been completed without grant aid. The purchaser will only be expected to take on the original Felling Licence obligations to ensure establishment of the young crop is achieved. Copies are available upon request, along with a copy of the Forest Certification Plan. For further information on current grants available for woodland management please visit the FCS and Scottish Government websites: AUTHORITIES Forestry Commission Scotland South Scotland Conservancy Weavers Court Forest Mill Selkirk TD7 5NY Tel: Dumfries & Galloway Council Council HQ English Street Dumfries DG1 2DD 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 SOLE SELLING AGENTS John Clegg & Co, 76 George Street, Edinburgh EH2 3BU. Tel: Ref: Patrick Porteous SELLER S SOLICITORS DWF LLP, 2 Lochrin Square, 96 Fountainbridge, Edinburgh EH3 9QA. Tel: Ref: Paul Mason. 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 August 2018) 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.

7 KIRKCONNELL FOREST NR RINGFORD DUMFRIES & GALLOWAY 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 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