Bhrochain Forest Rosehall, Sutherland, North Scotland
Total Page:16
File Type:pdf, Size:1020Kb
BHROCHAIN FOREST ROSEHALL, SUTHERLAND, NORTH SCOTLAND A highly attractive, compact and well-established commercial forest planted in the 1980s, nearing maturity, with the prospect of tax free timber revenue. Sporting rights included. Area 140.8 hectares ( 347.9 acres ) or thereby • Inverness 55 miles Enquiries to: Denis Torley Elm House Cradlehall Business Park Inverness IV2 5GH t: 01463 796056 e: [email protected] www.bidwells.co.uk Vendor’s Solicitors Peter Stewart Anderson Beaton Lamond Solicitors Bordeaux House 31 Kinnoull Street Perth PH1 5EN Tel: 01738 639999 Fax: 01738 630063 Email: [email protected] Please read important notice on the last page of text BHROCHAIN FOREST ROSEHALL, SUTHERLAND, NORTH SCOTLAND OFFERS OVER £425,000 Introduction Viewing and Guide Price Bhrochain is a sizeable area of commercial forest forming From Inverness, follow the A9 north to Tain then head west Persons in possession of these particulars may undertake part of the larger Clais Mor forest complex situated to the on the A836 road to Bonar Bridge. Approximately one mile viewing at any reasonable time, being aware to comply north of the A837 Lairg to Lochinver road, in Sutherland, north of Bonar Bridge turn left onto the A837 heading with all safety signage, as harvesting operations are being North Scotland. northwest and passing through the village of Rosehall after undertaken in the wider forest complex. The entrance at 8 miles. Continue west from Rosehall for approximately 4.5 Point A may be locked; a key is available from the selling The woodland is a well-established mid rotation commercial miles and the entrance to the Clais Mor complex is on your agent. plantation benefiting from impressive views across the right. Follow the route marked on the sale plan from point wider Sutherland countryside. A to B for approximately 1.75 miles to the entrance of the Potential purchasers are advised to formally register their property. This route is suitable for light / four-wheel drive interest in the property so that they may be informed if a The property will attract investors interested in the benefits vehicles. closing date for offers is set. of commercial forestry, including tax free income from timber sales, and future relief from Inheritance Tax. Access and Timber Markets Offers in excess of £425,000 are invited. Bhrochain benefits from 1.1 miles of internal forest road At the same time, purchasers may take enjoyment from the The Forest which with some improvement, will support harvesting development of the forest as it matures and is harvested, The forest was established between 1983 and 1985. The operations. and from the challenging deer stalking that it offers. commercial crop comprises entirely of Sitka spruce and The area is well known for the production of commercial Lodgepole pine, planted in mixture. The nursing benefit Location and Directions (see location map) timber with access to a wide range of timber processors of the Lodgepole pine to the Sitka spruce is apparent, with Bhrochain Forest is situated in mid Sutherland approximately in the region. The A837 is a consultation route for timber dominance of Sitka spruce in the majority of the crop. four and a half miles west of the village of Rosehall and 10 haulage purposes with the Highland Council. Timber can be miles west of Lairg. There are attractive areas of open ground on the north- transported south to processors at Invergordon, Dingwall, eastern boundary of the property at the watercourse, Allt Inverness and Nairn, providing a variety of markets for a The property is shown on the location and sale plans within Clais Mor, and on the upper slopes of Fionn Bheinn Mhor, range of forest products. these particulars and the access point can be found on OS which affords stunning wider views across the surrounding sheet No. 16, 1: 50,000, at Grid reference NC 399 009. countryside. Species Summary Table Planting Year / Species OG SS/LP Grand Total 1983 41.4 41.4 1984 31.1 31.1 1985 40.0 40.0 28.4 28.4 Grand Total 28.4 112.5 140.8 Key: SS/LP Sitka spruce and Lodgepole pine in mixture, OG – Open Ground Prospective purchasers should make their own assessment of growth rates, however the average yield class for Lodgepole pine is estimated at yield class 6 to 8 with the Sitka spruce being yield class 10 to 18. Please contact the selling agents for a stock map and crop data. Management Bhrochain Forest is free from any Grant Scheme or Long Term Forest Plan obligations, meaning that no Transfer of Obligations will be required and providing the potential purchaser with flexibility in determining the future management of the forest. Detailed information on the Scotland Rural Development Minerals Contact Programme, including Forestry grants, is available through Mineral rights are included insofar as belonging to the seller Denis Torley the following websites: except as provided for by statute. Bidwells Elm House www.forestry.gov.uk/scotland and Boundaries Cradlehall Business Park www.scotland.gov.uk/Topics/Rural/SRDP Bhrochain benefits from a shared ring deer fence which Inverness encloses the wider Clais Mor forest complex. Maintenance IV2 5GH Renewable Energy and repair of this ring fence is shared with the neighbouring Tel: 01463 796056 The owner has entered into a standard option agreement proprietors of the forest areas within the ring fence on a pro Fax: 01463 798246 with wind energy developers Muirhall Energy Ltd, in relation rata shared area basis. [email protected] to a subsequent lease for the use and upgrade of specific tracks, and where necessary the felling of timber to allow Third Party Rights Authorities such rights, for access to the proposed Caplich Wind Farm The property will be sold subject to and with the benefits of Forestry Commission Scotland (under appeal). all servitude rights, burdens, reservations and any other third Highland Conservancy party rights, howsoever constituted. Fodderty Way Dingwall The Seller shall be entitled to share in the benefit of any The forest access roads in and to Bhrochain are shared for IV15 8XB renewable development at the property and to receive 25% forest access purposes by third party/neighbouring forest Tel: 01349 862144 of all payments receivable by or on behalf of the landowner, owners. There is believed to be adequate stone available Fax: 01349 866624 whether by rental income, capital payments, shares of within the forest complex to improve access for future profit or in any other way, arising from any renewable energy timber extraction. Local Authority project at Bhrochain which may follow on the issue of The Highland Council Taxation planning permission for the project within a period of 10 Glenurquhart Road At present, all revenue from commercial timber sales is years from the date of completion of the purchase. The Inverness exempt from Income Tax and Corporation Tax. Growing Seller shall be entitled to receive these payments IV3 5NX timber is exempt from Capital Gains Tax, although there for a period of 25 years from when the first payments Tel: 01463 886606 are received. A Standard Security is to be granted by the may be a liability on the land. Under the current Inheritance Tax regime, 100% Business Property relief is available on Agent Notes purchaser in favour of the seller to secure the obligations. For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as commercial woodlands after 2 years of onwership. a general guide. We have not carried out a survey. If communications, condition of the property, situation or other such factors are of particular importance to you, please discuss these priorities with us before arranging an appointment to view. This should avoid a wasted journey. Any photographs displayed in these Prospective purchasers are strongly advised to consult their particulars depict only part of the property and it should not be assumed that the property remains as financial advisers to ascertain how these tax concessions displayed in the photographs. No assumptions should be made regarding other parts of the property that The title deeds are available for inspection on request from have not been photographed. The property being open to inspection, the purchaser(s) shall be deemed to may be of benefit. have full knowledge of the state and condition thereof and as to the ownership of any boundary or part of the vendor’s solicitors. the property. These particulars do not constitute an offer or contract or part thereof. Bidwells LLP do not make or give either in these particulars or during negotiations or otherwise, any warranty or representation Closing Date whatever in relation to this property. All measurements are given as a guide and no liability can be accepted Sporting Rights for any errors arising therefrom. No responsibility is taken for any ommission or misstatement in these The sporting rights are included in the sale. Red and Sika Prospective purchasers should formally note their interest particulars. Bidwells LLP is a limited liability partnership registered in England & Wales (registered number. OC344553). Registered head office is Bidwell House, Trumpington Road, Cambridge CB2 9LD, where a list deer are present within the property and the configuration to the selling agents in order that they may be notified of a of members is available for inspection. of well stocked standing crops and open ground provide closing date. Particulars prepared May 2017 challenging stalking opportunities. Photographs taken April 2017