ORD HILL FOREST. Muir of Ord, Inverness-shire Hectares / Acres. John Clegg & Co CHARTERED SURVEYORS

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1 ORD HILL FOREST Muir of Ord, Inverness-shire Hectares / Acres John Clegg & Co CHARTERED SURVEYORS

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3 ORD HILL FOREST A diverse and highly attractive commercial forest in a very accessible location near Inverness with outstanding panoramic views of Inverness shire and the Black Isle. Including rural development opportunities, remnants of native woodland and excellent sporting potential, with sporting rights included. FREEHOLD FOR SALE AS A WHOLE Offers Over 690,000 SELLER S SOLICITORS Anderson Beaton Lamond Bordeaux House 31 Kinnoull Street Perth PH1 5EN Tel: Fax: Ref: Lizzie McFadzean SOLE SELLING AGENTS John Clegg & Co 2 Rutland Square Edinburgh EH1 2AS Tel: Fax: Ref: Patrick Porteous Muir of Ord 2 miles Beauly 4.5 miles Inverness 15 miles Edinburgh 168 miles (Distances are approximate)

4 LOCATION Ord Hill is situated in a very picturesque area of Inverness-shire in Northern Scotland. It lies just to the north west of the pretty village of Beauly, which features the remains of a 13th Century priory. The villages of Beauly and nearby Muir of Ord offer good local facilities and the city of Inverness and Inverness airport are less than a half hour drive away. For directions to the forest please refer to the location and sale plans. The property can also be found on OS Sheet 26, Grid Reference NH ACCESS Access into the property is taken from the public road at point A1, shown on the enclosed sale plan. Crossing a short section of road to the forest boundary gate, which Ord Hill does not own but has a servitude right of access over with maintenance according to usage. This leads onto the forest access road, which continues into the forest. Prior to the haulage of timber, surface improvements will be required. There is also a second servitude right of access for all forestry and other estate purposes shown between points A2 - A3 on the sale plan. This route has not been developed to date and is only passable on foot. DESCRIPTION Ord Hill Forest is a diverse and attractive property, yet remains a good commercial proposition for timber production. Predominantly coniferous planting took place in various stages during the life of this forest, some policy plantings were carried out by the pioneering Lovat family in the mid to late 1800 s with mature Oak, Beech and a scattering of mature Larch trees. This was followed by a carefully designed planting programme of commercial conifer species in 1988, consisting of Sitka spruce, Douglas Fir, Larch and Pine. The result of this diverse planting has led to the increase in the variety and mixture of age classes within the forest. Areas of open heather moorland and remnants of native Caledonian pine and Juniper woodland remain in parts of the upper half of the property with the open hill top of Cnoc Croit na Maoile (Ord Hill) providing stunning panoramic views. In contrast the high yielding mid rotation spruce and pine crops will provide income from thinning very shortly and felling within 10 years. The property also includes one or two wetlands and burns where owners could, if they wished, create attractive ponds and water features for habitat diversity. A full compartment schedule and plan is available on request from the selling agents. Established Species 1800's 1988 SS SS/SP 9.34 SP HL SS/HL/DF/NS/LP Mixed Broadleaves 4.32 Mixed Native Broadleaves/Open ground 8.21 Mixed Conifer/Mixed Broadleaves 0.56 Unplanted/open ground Total SPORTING RIGHTS The property is to be sold with the sporting rights included. There is a good population of Roe deer in the area along with some Red and Sika deer, together with good rough shooting opportunities. The sporting rights are let out on an annual basis and commenced on 1st November 2010 and will cease on the 31st October 2011 with a current annual rent of 1500 plus VAT. A copy of the lease is available on request from the selling agents.

5 PLANNING & DEVELOPMENT In September 1991 the Highland Regional Council granted detailed planning permission for the erection of a substantial house, which subsequently lapsed. The proposed house was going to extend to some 3380 square feet/314 square meters and would have been located to the west of the access track in a clearing (exact location unknown). The remains of an old ruined cottage are situated next to Cnoc na Luibhe in an idyllic location with an amazing view, shown on the sale plan. There are also the remains of an old ruin of what is believed to have been a farm cottage in the north eastern corner of the forest. Parts of the exterior walls remain and subject to gaining planning consent, this could form the basis of a new house. This site would need to be cleared to improve views and create garden ground. The result, however, would produce an extremely attractive property. BOUNDARIES The boundary adjoining the hill ground is mainly deer fenced in varying conditions, whilst the boundary adjoining the neighbouring farmland is stock fenced. Maintenance and repair is understood to be shared with the neighbouring proprietors. MINERAL RIGHTS The mineral rights are included except as reserved by Statue or in terms of the titles. WOODLAND GRANTS There are no grant schemes in place and no transfer of obligations required. For further information on current grants available, please visit the FCS and Scottish Government websites: 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. The access gate at point A1 is locked and purchasers requiring vehicular access must contact the selling agents in advance of their visit for the gate combination code and are requested to keep the gate locked. PLANS, AREAS AND SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been carefully checked and computed by the selling agents and the purchaser shall be deemed to have satisfied themselves as to the description of the property and any error or mis-statement shall not annul the sale nor entitle either party to compensation in respect thereof. WAYLEAVES, THIRD PARTY RIGHTS & BURDENS A wayleave for two overhead electricity transmission lines passes through the eastern half of the property. Scottish and Southern Energy (SSE) have a right of access to service, maintain and replace these lines and all wayleave payments have been capitalised. However, compensation is payable should damage to the forest property occur as a result of their activities. Another smaller transmission pole line runs through the north eastern corner of the property. It is understood the two main electricity lines are due to be refurbished removing one line and SSE would embark upon access improvements into Ord Hill Forest and create access beneath the electricity lines into the north eastern corner. The proprietors and successors of Ord House Hotel have a servitude right to draw water from a private water supply originating within the north eastern corner of the forest, including a right of access for maintenance and renewal. Timber extraction is currently restricted to the months of November, December and January due to an outbreak of the Pine Lappet Moth in this area; however, this is only in place whilst the Forestry Commission carries out further research. For further information please contact the selling agents. A way marked walking route follows the forest access road and climbs up to the trig point on Cnoc Croit na Maoile (Ord Hill). The owner is not expected to maintain this route and should not obstruct its use under the Land Reform (Scotland) Act 2003.

6 AUTHORITIES The Forestry Commission The Highland Council Highland Conservancy Glenurquhart Road Woodlands Inverness Fodderty Way, Dingwall IV3 5NX Ross-Shire IV15 9XB Tel: Tel: Fax: Fax: 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, clients and joint agents give notice that: 1. These particulars (prepared in June 2011) 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 Wildlife and Countryside Act 1981 and the Nature Conservation (Scotland) Act 2004 and to the influence and effect they, and any statutory designations, may have on the property. 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.

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8 ORD HILL FOREST England: John Clegg & Co 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

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