Bunnahabhain & Finlaggan Forests

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BUNNAHABHAIN & FINLAGGAN FORESTS ISLE OF ISLAY | ARGYLL & BUTE | SCOTLAND 983.65 HECTARES / 2,430.60 ACRES

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2 P A A94 Bu Pe B SC S Cou A90 A91

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A94 Innerleit A92

A913 A91 A911 EDIN

A909 A720

A701 A72 Falkland Upper

A93 A921 Perth A90 8

4 9 Tweeddale

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5 2 1 2 1

10 A702

Tay 7 M90

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2 Leven M9

A924 RE A70

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2 A701 A A9 A823 N Biggar 3 Blairgowrie Livingston AN Kinross

3 A721 R Tay A71 ANSHIRE THIAN T

Dunfermline Clyde N A977 WEST W

O A705 R NN L 4 Pitlochry

A985

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14 4 A907 A706 MANN

14 R Earn R A823 5

Kincardine A801A 13

A822 A73 6 Loch 3 A70 Alloa A

Tummel A91 7 Crieff A9 LAC

Aberfeldy

E R Tay R Bathgate 8 5

A826 CLACKMANN A721 12 2

2 2 11 8 FALKIRK

S A A89 M9 1 Lanark Falkirk HIRE HI H

Blair A85 SS Atholl Dunblane 10 5 9 A72 6 Motherwell 9 4 Airdrie

8 R Tummel R 10 11 TAY A73 Cumbernauld 7 M74

M80 A70 Douglas A8

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5 3 R Earn Tay 2a

R Teith

A71 A803

A827 Stirling Hamilton A 3 10 2

A84 S LANARKSH

M80 Loch

Kilsyth

A873 2

Callander A726 T

I Earn L A811 (Comrie to St Fillans) 1/13 T AS 15 A891 Cumnock

& Glen Lyon Rannoch P 17 R Forth A875 19 Strathaven

Loch Rannoch R Lyon R 22

1 HIRE A81

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EAST TONSHIRE 6 M77 A PERTH AND KINROSS

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A85 Kilmarnock 1 8 A735 R A70

A82 30

Loch

A719 A811 Dumbarton Paisley Katrine

G DUNBARTO D 31 L Lyon L

A77

STIRLING Stewarton A736

Treig A761 A71 LOCH LOMOND & THE TROSSACHS Tyndrum

Lomond A737 A78

A814 A8 / Loch 9 R

A82 H

A817 Glasgow Ayr

A760 Troon

A82

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Prestwick Crianlarich Long Irvine A78 NORTH Largs

Helensburgh

AYRSHIRE A Greenock

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F or A815 Dalmally F Glen Coe

An Gearasdan A815 mins 55 Ben Nevis &

Ardrossan A82

Dunoon

A819 Loch Leven Loch A844

Collintraive

86 A886 A Brodick

Ballachulish A886 Loch Awe Loch Island of Bute Rothesay Inveraray Lynn

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ISLE

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Loch Shiel y

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S MULL Isle of Gigha A846

ISLE OF A849 2 hours JURA A848 hrs 2

Jura 2 hrs 2 1 hr The Garvellachs

Scarba, Lunga & (summer) L Scridain Port Ardnamurchan Ellen Tobermory Port Keal ISLAY

Askaig 1 hr 1 Loch na

Fionnphort A846

Loch Tuath

Scalasaig

A847 Bay 3 hrs 3 Colonsay Laggan Iona

Coll 1 hr 1 Arinagour Scarinish BUNNAHABHAIN & FINLAGGAN BRIDES Portnahaven e INNER e E BUNNAHABHAIN & FINLAGGAN

FORESTS

983.65 HECTARES / 2,430.60 ACRES

Two substantial commercial conifer forests with

immediate felling income potential.

• Gently sloping and easily worked land

• Quality timber now ready to harvest

• Opportunity to restructure

• Highly scenic area

• Ruined cottage

FREEHOLD FOR SALE AS A WHOLE OR IN TWO LOTS

Offers Over £4,900,000

Lot 1 Bunnahabhain Forest Offers Over £3,200,000

Lot 2 Finlaggan Forest Offers Over £1,700,000

SOLE SELLING AGENTS: GOLDCREST Land & Forestry Group 46 Charlotte Square, Edinburgh EH2 4HQ www.goldcrestlfg.com Jon Lambert MRICS & Jock Galbraith MRICS

LOCATION

The Bunnahabhain and Finlaggan Forests are located at the north end of the island of Islay, The North Atlantic Drift, often called the Gulf Stream, is a warm ocean current that close to the Bunnahabhain Distillery, pronounced Bu-na-ha-venn and derived from the affects the west coast of Scotland, producing the mild and damp climatic conditions Scottish Gaelic meaning ‘mouth of the river’. Islay is not large - approximately 25 miles favoured by commercial conifers. Islay receives average annual rainfall of 1237mm. wide and 16 miles long, but well-served by a network of county roads. Timber from the island has previously been transported from Port Ellen. Port Askaig is 3.5 miles to the east of Finlaggan Forest; Bowmore, the administrative capital of the island 9.5 miles to the south-west and Port Ellen, on the south coast - The attached sale plan shows Lot 1, Bunnahabhain, extending to 605 hectares; lying just 18 miles. to the south is Lot 2 Finlaggan, 378 hectares.

Eilean Mor is the island in the foreground of this photograph (not included in the sale) From 1329–1493, Argyll and the Hebridean Islands were governed by the Lords of the Isles. These Scottish rulers were descendants of Sommerled who is renowned for freeing the Western Isles from the tyranny of the Vikings.

It was here at Finlaggan that the Council of the Hebridean Lords met to settle disputes, discuss rulings and pass new laws. ACCESS

To Lot 1 – Bunnahabhain: From A2, continue north on the county road to point A6 carry on to A7, just before Balulive Farm, then on to the start of the forest at A8. A full servitude right of access from A6-A7-A8 will benefit the forest purchaser , with maintenance according to user. The grid reference at the entrance to Bunnahabhain is NR 401 180. The nearest post code is PA45 7QP.

A network of forest roads continues through the forests, as shown on the sale plan. From point A9 at the northern end of Lot 1 a further servitude right of access for management vehicles only, continues eastwards, crossing the Abhainn Araig burn, to point A10.

To Lot 2 – Finlaggan: From the A846, at point A1 on the sale plan, take the road signposted - Finlaggan Ancient seat of the Lord of the Isles. Take the next left, A2, on to a private road - signposted Finlaggan; just before Finlaggan Farmhouse and cattle-grid, A3, turn right. A full servitude right of access from A2- A3-A4 will benefit the forest purchaser, with maintenance according to user. The grid reference at the entrance to Finlaggan is NR392 688. The nearest post code is PA45 7QT.

Lot 2 – Finlaggan Forest DESCRIPTION

Lot 1 - Bunnahabhain Forest – 605.65 Ha / 1,496.56 Ac Lot 2 - Finlaggan Forest – 378.00 Ha / 934.04 Ac

Bunnahabhain Forest comprises a substantial, compact, first rotation commercial Finlaggan Forest was planted with timber production in mind. It comprises a conifer forest of mature/maturing timber. discrete substantial block of commercial conifers lying to the south of

Bunnahabhain. The trees were planted in 1986, the majority species being Sitka spruce. Some of the crops were planted in mixture and this has now resulted in the spruce The access passes to the north of Loch Finlaggan with its historic island Eilean Mor. dominating the final crops. The southern crops have a southerly aspect towards the loch.

The land is gently undulating providing straightforward harvesting conditions. The The forest holds significant volumes of mature timber now ready for harvesting. highest part of the property is 200m above sea level. The majority of the crop is well Recent sample plot measurements by Scotwood are available from GOLDCREST drained, with some stands measured at Yield Class 20. There is however, variation Land & Forestry Group and suggest large volumes of merchantable timber but this in the crop with a mixture of Yield Classes and standing volumes. A recent, extensive is more variable than Lot 1. timber survey has been carried out by John MacDonald of Scotwood, and is available from the Selling Agents. It suggests over 250,000 cubic meters of standing A basic formation forest road, as shown on the sale plan, leads into the forest before timber over the two lots. arriving at a T-junction with two spur roads leading off into the heart of the property. There are over 5.5km of forest roads within Lot 1, built to formation standard and creating a substantial network throughout the property. Roading material is The ground is generally gently sloping with the highest ground at 213m above sea available on site. level. The current Long Term Forest Plan allows for phased felling of the crop now and in the future. A copy of the LTFP is available from GOLDCREST Land & Forestry The forest has wonderful views north towards the Island of Jura and its Paps, three Group. steep sided mountains on the western side of the island. At the south-east end of the forest there are further attractive views over Loch Staoisha. Included within Lot Lot 1 Planting Year 1, to the west of the forest road is the ruined farmhouse of Staoisha itself. Please Species 1986 N/A Area (Ha) note, Staoisha Eararach Cottage, located within Lot 1, is not included in the sale as Sitka spruce / LP 363.00 363.00 shown by the sale plan. Sitka spruce 162.60 162.60 Native broadleaves 34.30 34.30 The forest has been managed in 6 sub compartments, summarised by the species Mixed conifer 3.90 3.90 Open ground 44.75 44.75 table opposite. A compartment plan and schedule is available from GOLDCREST Total 563.80 44.75 608.55 Land & Forestry Group. A Long Term Forest Plan covering the period 2014–2034 is also available from the Selling Agents. To the west of Staoisha Eararach is Loch An Lot 2 Planting Year Dhubhalch, an attractive area of water adding interest and diversity to this highly Species 1986 N/A Area (Ha) commercial forest. Sitka spruce / LP 236.90 236.90

Sitka spruce 41.90 41.90 Sitka spruce / EL 2.70 2.70 Water 1.50 1.50 Open ground 93.00 93.00 Total 281.50 94.50 376.00

Lot 2 – Finlaggan Forest TIMBER MARKETS SPORTING RIGHTS

I t is assumed that timber from both lots will be hauled south to Port Ellen from where it will be The sellers of the forests will retain the sporting rights by way of a lease.

A copy of the lease is available from GOLDCREST Land & Forestry Group, transported by sea to processors based in south-west Scotland, north-west England and Ireland. however, the pertinent clauses comprise: all game; lease The forests are within the Pest Free Zone, which permits the export of timber without licence to commencement - date of sale; length of lease – 15 years; rent - £1,500 Ireland. Consequently, the Irish timber processors continue to buy a significant proportion of the pa; the landlord will retain concurrent deer/vermin rights. timber grown in Argyll.

Staoisha Farmhouse

Lot 1 – Bunnahabhain Forest

Lot 1 – Bunnahabhain Forest BOUNDARIES

The forest owner will have sole liability to maintain boundary fences to stock-proof standard. Any deer fencing erection and maintenance will be at the sole cost of the forest owner.

WAYLEAVES & THIRD-PARTY RIGHTS

The property will be sold with the benefit of, and subject to, all existing rights and burdens with the Titles. A right to move livestock through the forests will be reserved by the seller. Full servitude rights of access to Staoisha Eararach Cottage including the right to lay services will also be reserved.

MINERAL RIGHTS

Mineral rights are included except as reserved by Statute or in terms of the Titles. Lot 1 –Bunnabhain Forest FOREST GRANTS AREA MEASUREMENTS

There are no grant schemes in place. The two lots are currently managed under a Long Term Forest Plan, a copy of which is available from GOLDCREST Historic management measurements indicate that the two properties total Land & Forestry Group. For further information on current grants available, 984.55 Hectares. The Titles indicate 983.65 Hectares. The properties will be please visit the following websites: sold as per the Titles. https://forestry.gov.scot https://www.ruralpayments.org/publicsite/futures AUTHORITIES

Scottish Forestry Argyll & Bute Council VIEWING Perth and Argyll Conservancy Kilmory Upper Battleby Lochgilphead Viewing is possible at any time during daylight hours so long as potential Redgorton, Argyll purchasers are in possession of a set of these sale particulars and subject to Perth PH1 3EN PA31 8QN contacting the Selling Agents in advance. For your own personal safety Tel: 0300 067 6004 Tel: 01852 500 652 please be aware of potential hazards within the forest when viewing.

TAXATION OFFERS At present, all revenue from timber sales is Income and Corporation Tax free. If you wish to make an offer or would like to be informed of a closing date There is no Capital Gains Tax on growing timber, although there may be a for offers, it is important that you contact the Selling Agents to note your liability on the land. Under the Inheritance Tax regime, 100% Business interest and to obtain the specific Anti-Money Laundering details that we Property Relief should be available on commercial woodlands. VAT is require from a purchaser prior to accepting an offer. 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 Please also be aware that all offers must be submitted in Scottish legal form exception of farm woodland and subsidy payments. before they can be formally accepted.

SOLE SELLING AGENTS FINANCIAL GUARANTEE/ANTI MONEY LAUNDERING GOLDCREST Land & Forestry Group LLP 46 Charlotte Square, Edinburgh EH2 4HQ All offers, whether cash or subject to loan finance, must be accompanied by Tel: 0131 3786 122 a financial reference from a bank/funding source that is acceptable to the Ref: Jon Lambert MRICS & Jock Galbraith MRICS Selling Agents and to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the payer) Regulations SELLER’S SOLICITORS 2017.

Brodies LLP For further information, please contact GOLDCREST Land & Forestry Group. 15 Atholl Crescent, Edinburgh EH3 8HA Tel: 0131 228 3777 Ref: Fiona Scott & Alex Buchan

Lot 2 – Finlaggan Forest

Lot 1 –Bunnabhain Forest BUNNAHABHAIN & FINLAGGAN FORESTS, ISLE OF ISLAY

Sole Selling Agents

46 Charlotte Square, Edinburgh, EH2 4HQ 0131 378 6122 [email protected]

LOT 1 - BUNNAHABHAIN

A9 A10

LOT 2 - FINLAGGAN

A3 A2

Key A1 Farm / forest road Lot 1 - 608.55 hectares Lot 2 - 377.90 hectares Approximate Distances Port Askaig 3 miles Kennacraig Port 38 miles 0 100 500 1000 Glasgow 139 miles metres Edinburgh 185 miles

This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and it does not form any part of any contract. Reproduced by permission of Ordnance Survey on behalf of The Controller of Her Majesty’s Stationery Office Crown copyright. All rights reserved. Licence number LIG1383

46 Charlotte Square Edinburgh, EH2 4HQ

0131 3786 122 [email protected]

IMPORTANT NOTICE GOLDCREST Land & Forestry Group LLP, its members, employees and their clients give notice that: 1. These particulars (prepared in April 2021) 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. GOLDCREST Land & Forestry Group LLP will not be responsible to purchasers, who should rely upon their own enquiries into all such matters and seek professional advice prior to purchase. 2. Neither these particulars nor any subsequent communication by GOLDCREST Land & Forestry Group 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 1995. 3. The sellers do not make or give, and neither GOLDCREST Land & Forestry Group 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 GOLDCREST Land & Forestry Group LLP in good faith, but purchasers should rely upon 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, nor indeed any, offer and may at any time accept an offer or withdraw the property from the market. Neither the sellers nor GOLDCREST Land & Forestry Group LLP 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.