INVITATION TO TENDER FOR STANDING TIMBER. Black Banks, Wolsingham. REFERENCE: Black Banks

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1 FIM Services Limited Glebe Barn, Great Barrington Burford, OX18 4US T: E: INVITATION TO TENDER FOR STANDING TIMBER, Wolsingham REFERENCE: Description: Timing: Offers: Location: Clear fell 6.82 hectares of mature mixed conifer, comprising of Sitka spruce, Larch, Douglas fir, Scots pine. Good access with a good forest road network and road frontage. Crop has been previously line thinned in Small areas of steep ground, accessible with forwarder. Wagon movements will be restricted during two key periods of the day to allow resident access for school etc. Felling license granted on the 11/05/2018 / Ref No 022/110/ Tenders should be received by 12 noon on 26 September 2018, by to tenders@greshamhouse.com. The contract will be based on a single price per tonne. Please state your planned start and completion date for the harvesting. OS 1:50,000 Sheet No: 92 Ref: NZ (entrance to wood). Summary Estimate of Timber Compartments Species Gross Area (ha) The sale area is the shaded area on the attached plan. Tonnes /ha Average Tree Size WA Crop Age WA YC Estimated Tonnage 2b SS/SP/DF/HL N/A 2,046 Certification: FSC Certified under reference number: SGS-FM/COC All sale documentation must carry the sale reference of: Volumes: Access, Extraction and Stacking: Hazards: The tonnage has been estimated by the woodland manager. Stacking areas must be agreed with the woodland manager. Hazards are detailed on the attached plan. Forest Plan Ref: Standing Sale Constraints Map FIM is part of the Gresham House Group FIM Services Limited is authorised and regulated by the Financial Conduct Authority. Direct investments into forestry or renewable energy assets are not regulated by the Financial Conduct Authority. Registered Office: 5 New Street Square, London, EC4A 3TW. Registered in England No

2 Felling: Brash: Payment: All conifers in the sale area should be felled unless instructed by the woodland manager. All material above 5cm diameter is to be removed from the site by the purchaser. Conifer stumps will be treated with urea supplied at the purchaser s expense unless specifically agreed with the woodland manager prior to commencement of harvesting. Brash is to be kept clear of all watercourses during the felling operations. Purchasers should state their proposals for leaving the site clear and ready for replanting following discussion with the woodland manager and brash should be cut into lengths of less than 2 metres. Payment terms are to be on a monthly basis with the purchaser producing self billing invoices based on weight tickets or as otherwise agreed between the parties. A down payment may be payable before entry and offset against the penultimate payment or as otherwise agreed between the parties. Contract: An Agreement will be required to be signed by both parties. A copy is available on request. Although the vendor intends to sell the timber, the vendor will not be bound to accept the highest or any other offer. Viewing: The timber may be viewed at any reasonable time during daylight hours, as long as a copy of this document is carried. Please contact the woodland manager to arrange a viewing. Woodland Manager: FIM Contact: Jonathan Harker, Scottish Woodlands Limited, Tel: jonathan.harker@scottishwoodlands.co.uk Kyle Harris, Tel: k.harris@greshamhouse.com

3 Location Created On: 1 May 2018 Estate Boundary :50,000 Scale Correct at A4

4 Location Map Created On: 24 April 2017 Public Highway Standing Sale Compartment 1b 0.38ha 1a 1.14ha 3c 1.12ha 3g 1.45ha 4b 0.6ha 3b 1c 6.65ha 3h 4.28ha 4a 3.49ha 1d 0.35ha 3d 4d 0.31ha 4c 1.84ha 4e 1.29ha 1e 0.98ha 1g 1.32ha 1h 3.57ha 1j 0.57ha 3a 6.44ha 4f 0.91ha 5b 5a 4.59ha 5c 5d 5.05ha 3e 2.4ha 3f 0.49ha 6a 5.31ha 1f 1.53ha 7a 7.92ha 1m 3.42ha 8a 1.97ha 7b 7c 6c 1ha 6b 11.18ha 2a 3.6ha 8b 6.69ha 7e 7d 3.19ha 6e 1.33ha 2b 6.82ha 8e 0.59ha 7f 1.9ha 8c 3.41ha 8d 11.21ha 8f 2.74ha 9a 7.6ha 9c 0.44ha 9b 1.6ha 9d Plantation Knitsley Fell Howlea Lane Wolsingham Bishop Auckland DL13 3PA - Nearest Postcode 5e 1.87ha 5f 0.73ha 6d 2.08ha 1:15,000 Scale Correct at A3

5 1b 0.38ha 1a 1.14ha 3c 1.12ha 3g 1.45ha 4b 0.6ha 3b 4a 3.49ha 1c 6.65ha 3h 4.28ha 1d 0.35ha 3d 4d 0.31ha 4e 1.29ha ^ 1e 0.98ha 1g 1.32ha 4c 1.84ha 5a 4.59ha 1i 0.24ha 1j 0.57ha 3a 6.44ha 4f 0.91ha 5b 5c 1h 3.57ha 6a 5.31ha 3e 2.4ha 1f 1.53ha 3f 0.49ha 7a 7.92ha Areas of steep ground Windblow 7b 1m 3.42ha NZ a 1.97ha 7c Conifers adjacent to boundary to be felled 2a 3.6ha 2b 6.82ha!!!!!! 7e 8b 6.69ha 7d 3.19ha 8e 0.59ha!! 8c 3.41ha 8d 11.21ha! 8f 2.74ha 9a 7.6ha 9b 1.6ha Standing Sale Constraints Map 2018 Created On: 24 April 2017 Clearfell Cpt 2b ha Public Highway Watercourse Footpath Compartment Boundary Buildings Private land, not part of Plantation 6c 1ha 6b 11.18ha 7f 1.9ha 9c 0.44ha 9d 5d 5.05ha 6e 1.33ha 5e 1.87ha 6d 2.08ha 5f 0.73ha Plantation Knitsley Fell Howlea Lane Wolsingham BishopAuckland DL13 3PA - Nearest Postcode 1:7,500 Scale Correct at A3