HIGH CAIRNNear New Cumnock| Dumfries & Galloway

338.15 HECTARES /835.56 ACRES

New Cumnock 3 miles Kirkconnel 5 miles Ayr 23 miles Dumfries 36 miles(Distances are approximate)

55 mins

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A736

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A689

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A6105

A87

A702

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A70

A72

A7

A199

A6

089

A7

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A69

A1

A985

A82

A702

A76

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A77

A701

A7

A68

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A689

A78

A76

A75

A75

A737

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A720

A1 A8

A77

A7 A6091

A71

A811

A697

A77

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A721A721 A72

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A703

A7

M876

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M74

M8 M73

M80

M9

M9

M80

A74(M)

M77

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UpperTweeddale Eildon &

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Kincardine

Longtown

Brampton

Dalkeith

Lauder

Penicuik

InnerleithenBiggar

Greenlaw

Duns

Gretna

LockerbieLangholm

Annan

Selkirk

Lochmaben

Lanark

Cumnock

Ardrossan

Largs

Kilsyth

Moffat

Sanquhar

Strathaven

Bathgate

Rothesayraig

LamlashPrestwick

Dunoon

Brodick

Maybole

Girvan

Troon

Melrose

NewtonStewart

NewGalloway

Gatehouseof Fleet

CastleDouglas

Coldstream

Helensburgh

Collintraive

KilwinningStewarton

Thornhill

NewCumnock

Douglas

Barrhill

Carsphairn Moniaive

Dalbeattie

Crocketford

Haltwhistle

Wigtown

Cairnryan

patrick

Ballantrae

Galston

HaddingtonEast Linton

Dunbar

North Berwick

Tranent

Burntisland

Kelso

E

Hexham

Hawick

Stranraer

Jedburgh

GalashielsPeebles

Dunfermline

FalkirkCumbernauld

Dumbarton

Airdrie Livingston

Hamilton

Motherwell

Kirkcaldy

EDINBURGH

Stirling

Greenock

GlasgowPaisley

EastKilbride

IrvineKilmarnock

Ayr

Carlisle

Dumfries

HIGH CAIRN

HIGH CAIRN 338.15 Hectares / 835.56 Acres

A most impressive high quality, early rotation and extensive commercial forest, excellently located for timber markets.

• Significant area of high yielding, genetically improved, commercial conifer crops• Ideally situated within a short distance of South Scotland’s timber markets

• Comprehensive internal forest road network• Excellent access via A76, a designated Agreed Timber Transport Route

FREEHOLD FOR SALE AS A WHOLE OR IN TWO LOTS

Lot 1 – Offers Over £3,500,000Lot 2 – Offers Over £200,000

SOLE SELLING AGENTSJohn Clegg & Co

76 George Street, Edinburgh EH2 3BUTel: 0131 229 8800

Ref: Jon Lambert & Jock Galbraithjohnclegg.co.uk

LOCATIONHigh Cairn Forest is located in the north of Dumfries and Galloway between Kirkconnel and New Cumnock (approximately 3 miles). The area benefits from exceptional growing conditions and is extremely well located for timber processors in South Scotland.

The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000 Number 71. The entrance to the forest is located at Grid Reference NS 658 129.

ACCESSFrom the A76 Trunk Road, Lot 1, High Cairn, benefits from a servitude right of access over adjoining farmland, shown A1-A2 on the sale plan. The right of access is for pedestrian and vehicular traffic for all purposes, including silvicultural and the extraction of timber. The access road has been upgraded to full forest standard and is shared with Hare Hill Wind farm, located to the south-west of the property.

Lot 2, High Cairn South, is accessed via the ‘Heads of the Valley’ road agreement and joins the property at A4. A copy of the agreement is available from John Clegg & Co.

DESCRIPTION High Cairn comprises a well located commercial conifer plantation. The principal species is Sitka spruce, comprising some 79% of the stocked area with a mean age of 11 years. The seller’s database is showing an average yield class of 20 across all Sitka spruce crops.

The previous crop was planted in the 1960s and has, for all intents and purposes, been felled with only a small amount of long term retention remaining. At the time of felling high volumes of timber/hectare were harvested on this generally free draining site. The next crop is likely to yield even better crops due to genetically improved tree stock used at the time of restocking.

The site is gently undulating, easily worked and well roaded, with high yielding established crops. A future owner may look to thin the crops at some point or manage an un-thinned regime. Either method is likely to create large volumes of good quality timber at the time of harvesting when the crop is likely to be 35-40 years’ old.

At the southern end of the property Lot 2 is an off lying compartment extending to 13.07 hectares. It was planted in 1995 and consists predominantly of high yielding Sitka spruce.

DESCRIPTION High Cairn comprises a well located commercial conifer plantation. The principal species is Sitka spruce, comprising some 79% of the stocked area with a mean age of 11 years. The seller’s database is showing an average yield class of 20 across all Sitka spruce crops. The previous crop was planted in the 1960s and has, for all intents and purposes, been felled with only a small amount of long term retention remaining. At the time of felling high volumes of timber/hectare were harvested on this generally free draining site. The next crop is likely to yield even better crops due to genetically improved tree stock used at the time of restocking. The site is gently undulating, easily worked and well roaded, with high yielding established crops. A future owner may look to thin the crops at some point or manage an un-thinned regime. Either method is likely to create large volumes of good quality timber at the time of harvesting when the crop is likely to be 35-40 years’ old. At the southern end of the property Lot 2 is an off lying compartment extending to 13.07 hectares. It was planted in 1995 and consists predominantly of high yielding Sitka spruce. Lot 1 – High Cairn Coloured Green on the attached Sale Plan 324.96 Hectares/802.98 Acres

Lot 2 – High Cairn South Coloured yellow on the attached Sale Plan 13.07 Hectares/ 32.29 Acres

Species 1964 1968 2002 2003 2004 2005 2006 2008 2009 2010 2011 2012 2015 2018 N/A Area (Ha)Sitka spruce 16.28 22.66 13.62 22.04 21.23 22.09 17.71 13.56 7.96 15.92 15.40 16.60 205.07Norway spruce 2.86 8.61 14.63 26.10Mixed broadleaves 1.40 0.42 1.66 0.99 3.98 1.79 1.56 0.79 1.47 1.06 2.80 2.02 19.94Japanese larch 2.07 1.89 3.96Lodgepole pine 0.36 0.79 1.15Long term retention 0.53 2.73 3.26Unplanted 4.31 4.31Open ground 61.17 61.17Total 0.53 2.73 17.68 23.08 15.64 25.89 25.21 23.88 19.27 14.35 9.43 21.73 26.81 33.25 65.48 324.96

Planting Year

012

Planting YearSpecies 1995 Area (Ha)Sitka spruce 9.11 9.11Mixed broadleaves 2.19 2.19Japanese larch 1.26 1.26Norway spruce 0.51 0.51Total 13.07 13.07

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TIMBER MARKETSThe close proximity of the property to the A76 and M74, provides fast and easy access to a wide selection of competitive timber buyers. James Jones, BSW, Taylormade Timber Products, Kerr Timber Products, Egger, Adam Wilson and UPM are all located within manageable/short distances.

SPORTING RIGHTSThe sporting rights are unlet and included with the sale. In recent years a professional stalker has been used to minimise browsing. The annual cull return to April 2019 was 8 bucks, 6 does and 8 calves.

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BOUNDARIES The property is mostly bounded by farmland and some commercial forestry. To the west, the boundary is shared with Dalhana Farm; to the east, High Cairn Farm. The southern section bounds land owned by Forestry & Land Scotland, whilst the northern boundary is shared with a private forest owner. The stock fences are maintained on a 50:50 basis with neighbours, either party may upgrade to deer fencing at their own expense.

WAYLEAVES & THIRD PARTY RIGHTSThere is a lease for access and mineral extraction in favour of Scottish Power Renewables (UK) Limited. Further information is available from the Selling Agent.

The property will be sold with the benefit of, and subject to, all existing rights and burdens within the Land Certificate.

MINERAL RIGHTS The title to the property includes the minerals so far as belonging to the seller. This means that ownership of any minerals within the boundaries of the property are included in the title, except for coal which is owned by the Coal Authority, and gold and silver which belong to the Crown.

DESIGNATIONS There are no Sites of Special Scientific Interest, Special Areas of Conservation, Special Protection Areas, Ramsar (Wetland) Areas, National Scenic Areas, National Parks, National, Local Nature Reserves or Scheduled Monument designations affecting the property.

FOREST MANAGEMENT PLANS A copy of the Long Term Forest Plan is available from the Selling Agents. For further information on current grants, please visit the Scottish Forestry and Scottish Government websites:

• http://www.forestry.gov.uk/scotland • https://www.ruralpayments.org/publicsite/futures

AUTHORITIES

VIEWINGViewing 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 forest when viewing.

OFFERSIf 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. Due diligence will vary depending on the purchasing vehicle.

Please also be aware that all offers must be submitted in Scottish legal form before they can be formally accepted.

SOLE SELLING AGENTSJohn Clegg & Co, 76 George Street, Edinburgh EH2 3BU Tel: 0131 229 8800Ref: Jon Lambert & Jock Galbraith

SELLER’S SOLICITORSGillespie Macandrew, 5 Atholl Crescent, Edinburgh EH3 8EJ Tel: 0131 225 1677 Ref: Alan White

AREA MEASUREMENTThe title states that the property extends to 338.15. Management measurements indicate 338.03 hectares. The property will be sold as per the titles.

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.

FINANCIAL GUARANTEE/ANTI MONEY LAUNDERINGAll 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 2017.

For further information, please contact the Selling Agents.

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Scottish Forestry South Scotland Conservancy55/57 Moffat RoadDumfries DG1 1NPTel: 0300 067 6500

Dumfries & Galloway CouncilCouncil HQEnglish StreetDumfries DG1 2DDTel: 030 33 33 3000

DEVELOPMENT CLAWBACK CLAUSEThe sale is subject to a Clawback Agreement in favour of the seller and previous owner in respect of any future renewable energy development (wind or hydro) on both Lot 1 and Lot 2. The Agreement will require the purchaser to pay 40% of income derived from any renewable energy development (excluding any timber compensation payments) for a period of 30 years from the date of sale. A first ranking standard security on the property will be required.

IMPORTANT NOTICEJohn Clegg & Co, its employees and their clients give notice that:1. These particulars (prepared in October 2019) 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 1995. 3. 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 2003. 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 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.

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

England: 01844 291 384 Scotland: 0131 229 8800 Wales: 01600 730 735

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This plan is only for the guidance of intending purchasers. A

lthough believed to be correct, its accuracy is not guaranteed and it does not form

any part of any contract.R

eproduced by permission of O

rdnance Survey on behalf of The C

ontroller of Her M

ajesty’s Stationery O

ffice Crow

n copyright. All rights

reserved. Licence number 100020416

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