LAND AT LANGBANK GREENOCK ROAD, BY LANGBANK,

Indicative boundary only LAND AT LANGBANK, GREENOCK ROAD, BY LANGBANK, RENFREWSHIRE

A well located block of productive grassland with longer term development potential

Langbank 1.5 miles ■ International Airport 6.5 miles Glasgow 16.5 miles

■ Useful block of Grade 3.2 and Grade 4.2 farmland adjacent to the M8.

■ Longer term development potential (subject to necessary consents).

■ Very accessible location close to larger populations.

■ Excellent links to Glasgow and public road networks.

About 23.09 Ha (57.05 Acres) in total

For Sale as a Whole

Stirling 01786 434618 [email protected] GENERAL The Land at Langbank lies approximately 1.5 miles to the east of the settlement of Langbank, approximately 5.3 miles to the east of the town of on the southern the bank of the . The land is bound to the north by the M8 offering swift commuting links to Glasgow, Glasgow International Airport and Central beyond.

The Land at Langbank provides a useful block of pasture which could provide an opportunity to allow for the expansion of existing farming businesses, possible equine use or the creation of a smallholding, subject to the purchaser obtaining the necessary statutory consents.

The area is within easy access of local populations and Glasgow and is well catered for by established agricultural contractors and suppliers.

DESCRIPTION The Land at Langbank extends to approximately 23.09 Ha (57.05 Acres) in all and is bound to the north by the M8 and to the south by the A8 Greenock Road. The land is classified as being principally Grade 3.2 and Grade 4.2 by the James Hutton Institute and is generally level in aspect rising from approximately 2m to 17m above sea level at its highest point on the southern boundary. The land is currently all down to pasture having been utilised for grazing and fodder production. The land is currently situated a single block with perimeter stock fencing and is accessed directly from the A8. There is a small area of mixed broadleaved woodland located along the southern perimeter providing shelter and amenity. All of the land has been classified as Region 1 for the purposes of the Basic Payment Scheme.

DEVELOPMENT CLAWBACK The missives of sale will be subject to the purchaser(s) granting a standard security in favour of the previous owners (not current sellers) to clawback 20% of the uplift in value in the event of planning permission being granted for development for any purpose other than agricultural over any part of the holding being obtained subsequent to the date of entry for a period of 20 years.

SOLICITORS Cowan & Co 81 Berkeley Street Glasgow G3 7DX T: 0141 221 1803 F: 0141 204 1650 E: [email protected]

DIRECTIONS From Glasgow travel west on the M8 towards Greenock. Exit the M8 at junction 31. At the roundabout take the first exit signed A8/Bishopton. The Land at Langbank is situated immediately on the left after leaving the roundabout and is accessed via a short section of track with leads directly from the A8.

POST CODE PA14 6XY

SGRPID Russell House King Street Ayr KA8 0BE T: 01292 291300 F: 01292 291301 E: [email protected] DEVELOPMENT POTENTIAL MORTGAGE FINANCE The Land at Langbank is a strategically and logistically located site for potential future development Galbraith are approved Agents for the Agricultural Mortgage Corporation (AMC) and we can assist purposes subject to gaining the necessary consents. The land is bound by the M8 to the north and you in securing finance loans for a variety of farming purposes including the purchase of land and benefits from excellent links to other main arterial road networks providing easy access to Glasgow property, restructuring debt, and to provide working capital for diversification, improving or erecting and beyond. The Renfrewshire Local Development Plan (LDP) can be viewed through the Council farm buildings. For further details and to discuss any proposals in confidence please contact Alistair webpage www.renfrewshire.gov.uk Christie on 01786 435047 or Email: [email protected].

THIRD PARTY RIGHTS AND SERVITUDES IMPORTANT NOTES The subjects are sold together with, and subject to, all existing rights of way, servitudes, wayleaves and 1. These particulars are intended to give a fair and overall description of the property. If any points are other rights whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have relevant to your interest, please ask for further information, prior to viewing. Prospective purchasers satisfied themselves in all respects thereof. are advised to seek their own professional advice. 2. Areas, measurements and distances are given as a guide. Photographs depict only certain parts of the property. Nothing within the particulars shall There a is a right of vehicular access in favour of the owner of Fornet Cottage over the access road be deemed to be a statement as to the structural condition, nor the working order of services and which leads to the subjects of sale. appliances. 3. These particulars shall not be binding on our clients whether acted on or otherwise, unless the same is incorporated within a written document, signed by our clients or on their behalf, satisfying SP Networks have indicated that they wish to install new electricity apparatus across the subjects of the requirements of Section 3 of The Requirements of Writing (Scotland) Act 1995. 4. Closing Date. A sale. No agreement has been reached, therefore the purchaser(s) will be free to negotiate suitable closing date may be fixed. Prospective purchasers who have notified their interest through lawyers to agreement and access to the site upon occupation of the subjects of sale. Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously. The Seller will not be obliged to accept the highest, or indeed any offer and has the right to accept an offer BASIC PAYMENT SCHEME (BPS) at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred There are No Basic Payment Scheme Entitlements included in the sale. by interested parties. 5. Offers. Formal offers in the acceptable Scottish Legal Form confirming; if an offer is in relation to the whole, or a specific lot, or a combination of lots, and if an offer is subject to the IACS sale of a property, together with proof of funding, should be submitted to: Galbraith, Suite C, Stirling All of the farmland is registered for IACS purposes. Agricultural Centre, Stirling FK9 4RN. Tel: 01786 434600 Fax: 01786 450014 E: stirling@galbraithgroup. com 6. Third Party Rights and Servitudes. The subjects are sold together with and subject to all existing LOCAL AUTHORITY rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and Renfrewshire House purchasers will be deemed to have satisfied themselves in all respects thereof. 7. Particulars prepared Cotton Street May 2021. 8. Photographs taken May 2021. Paisley PA1 1AN T: 0300 300 0300 E: [email protected]

TIMBER All fallen and standing timber is included in the sale insofar as it is owned.

MINERALS The mineral rights are excluded from the sale insofar as they are not owned by the Seller.

SPORTING RIGHTS Insofar as these rights form part of the property title they are included with the sale.

ENTRY Entry to the Land at Langbank will be by mutual agreement.

DEPOSIT A deposit of 10% of the purchase price shall be paid within seven days of completion of Missives. Deposit will be non-refundable in the event of the purchaser failing to complete for reasons not attributable to the Seller or their Agents.

VIEWING Viewings are strictly by prior appointment and only through the Selling Agents.

HEALTH & SAFETY The property is an agricultural holding and appropriate caution should be exercised at all times during inspection.