Millhouse, Tighnabruaich 3.26 Hectares/8.55 Acres an Extremely Attractive Mixed Broadleaved Woodland, with a Range of Historic Mill Ruins
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MILLHOUSE WOODS 76 George Street Edinburgh EH2 3BU Tel: 0131 229 8800 Email: [email protected] MILLHOUSE WOODS Millhouse, Tighnabruaich 3.26 Hectares/8.55 Acres An extremely attractive mixed broadleaved woodland, with a range of historic mill ruins. Situated on the West Coast of Scotland between Tighnabruaich and Portavadie. Sporting rights included. FREEHOLD FOR SALE IN 2 LOTS OR AS A WHOLE Lot 1 Lot 2 3.05 Ha/7.54 Ac 0.21 Ha / 0.52 Ac Offers over £45,000 Offers over £7,500 AS A WHOLE Offers Over £52,500 www.johnclegg.co.uk Tighnabruaich 2 miles Dunoon 25 miles Glasgow 80 miles Edinburgh 132 miles (Distances are approximate) SOLE SELLING AGENTS John Clegg & Co, 76 George Street, Edinburgh EH2 3BU Tel: 0131 229 8800 Ref: Patrick Porteous & Jock Galbraith LOCATION BOUNDARIES The woodland sits adjacent to the village of Millhouse, directly off the Lot 1 B8000. Portavadie Marina is only 2.5 miles to the west which offers The north of the property is bounded by the public road. The eastern access to some outstanding sailing and a ferry regularly crosses from march is bounded by a stock fence and the southern and eastern here to Tarbert. 2 miles to the east of the property, Tighnabruaich sits boundaries are the medium filum of the Allt Osda. on the shore of the stunning Kyles of Bute, and offers all the services and amenities one would require. Glasgow is approximately 1.5 hours’ Lot 2 drive west and the property acts as an excellent base from which to The northern boundary follows a drain, the western boundary is explore the West Coast. stock fenced, and, to the south, the boundary meets the public road. The eastern march is the medium filum of the burn. The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000 Number 62, Grid Where necessary, fences are to be maintained in a stock-proof Reference NR 958 706. condition at joint expense with the neighbouring proprietor. ACCESS MINERAL RIGHTS Lot 1 Mineral rights are included except as reserved by Statute or in terms Access is taken off the main road at the point marked A1 on the sale of the Title. plan. This leads onto a track and then to the main access gate at A2. The access track A1-A2 is shared with the neighbouring owners and is WAYLEAVES & THIRD PARTY RIGHTS maintained according to user. For viewings, we recommend that access The property will be sold with the benefit of, and subject to, all is taken on foot at A3. existing rights and burdens with the Title. Lot 2 WOODLAND GRANTS Access is taken directly off the main road at A4. There is a 4x4 track There are no grant schemes in place and no transfer of obligations running through the middle of this lot and maintenance is shared on required. For further information on current grants available please a user basis. visit the following websites: • https://forestry.gov.scot DESCRIPTION • https://www.ruralpayments.org/publicsite/futures This ancient semi-natural woodland is highly attractive and tranquil with the Allt Osda burn running through it. Established around 1800 with a diverse mix of broadleaved species, these have now matured into AUTHORITIES Scottish Forestry Argyll and Bute Council impressive hardwoods. The woodland provides the perfect sanctuary Perth and Argyll Conservancy Kilmory for a cabin or hut. The current owners have a redundant static caravan Upper Battleby Lochgilphead parked at the main access, which is included in the sale. Redgorton Argyll Perth PH1 3EN PA31 8RT Historically, the woodland was used as a site to manufacture black Tel: 0300 067 6005 Tel: 01546 605522 gunpowder. Production commenced in 1839 and continued until 1921. The site originally consisted of around 20 buildings. A few ruins remain today, including one of substantial size at the northern end of Lot 1 SPORTING RIGHTS Sporting rates are included with vacant possession. VIEWING IMPORTANT NOTICE Viewing is possible at any time during daylight hours so long as John Clegg & Co, its members, employees and clients give notice that: potential purchasers are in possession of a set of these sale particulars. 1. These particulars (prepared in June 2019) and all statements, areas, Please contact the Selling Agents in advance of your visit to arrange measurements, plans, maps, aspects, distances or references to condition a viewing. For your own personal safety please be aware of potential form no part of any offer or contract and are only intended to give a fair hazards within the woodland when viewing. overall description of the property for guidance. John Clegg & Co will not be responsible to purchasers, who should rely on their own enquiries OFFERS into all such matters and seek professional advice prior to purchase. 2. If you wish to make an offer or would like to be informed of a closing Neither these particulars nor any subsequent communication by John date for offers, it is important that you contact the Selling Agents to Clegg & Co will be binding on its clients, whether acted upon or not, note your interest and to obtain the specific Anti-Money Laundering unless incorporated within a written document signed by the sellers or on their behalf, satisfying the requirements of section 3 of the details that we require from a purchaser prior to accepting an offer. 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 Please also be aware that all offers must be submitted in Scottish any joint agent have any authority to make or give, any representation Legal Form before they can be formally accepted. 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 FINANCIAL GUARANTEE/ANTI MONEY per the title deeds, which may differ from these particulars. Photographs LAUNDERING may depict only parts of the property, which may not have remained All offers, whether cash or subject to loan finance, must be the same as when photographed. 5. Where reference is made to grant accompanied by a financial reference from a bank/funding source schemes, planning permissions or potential uses, such information is that is acceptable to the Selling Agents and to comply with The given by John Clegg & Co in good faith, but purchasers should rely on Money Laundering, Terrorist Financing and Transfer of Funds their own enquiries into those matters. 6. Prospective purchasers should (Information on the payer) Regulations 2017. be aware of the influence and effect the Wildlife and Countryside Act 1981, Nature Conservation (Scotland) Act 2004 and the Wildlife and For further information, please contact the Selling Agents. Natural Environmental (Scotland) Act 2011 along with any statutory designations, may have on the property, including rights of public access SOLE SELLING AGENTS under the Land Reform (Scotland) Act 2003. 7. The sellers will not be John Clegg & Co, 76 George Street, Edinburgh EH2 3BU obliged to accept the highest, or indeed any, offer and may at any time Tel: 0131 229 8800 accept an offer or withdraw the property from the market. Neither the Ref: Patrick Porteous & Jock Galbraith. 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. SELLER’S SOLICITORS Kerr Stirling, 10 Albert Place, Stirling, FK8 2QL Tel: 01786 460 820 Ref: Peter Pratt. 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. MILLHOUSE WOODS MILLHOUSE WOODS MILLHOUSE WOODS NR TIGHNABRUAICH ARGYLL & BUTE Sole Selling Agents N This plan is only for the guidance of intending purchasers. Although believed to be correct, its 76 George Street Edinburgh EH2 3BU accuracy is not guaranteed and it does not form any part of any contract. Tel: 0131 229 8800 Reproduced by permission of Ordnance Survey on behalf of The Controller of Her Majesty’s email: [email protected] Stationery Office Crown copyright. All rights reserved. Licence number 100020416 England: 01844 291384 Scotland: 0131 229 8800 Wales: 01600 730735 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.