Under Offer Lot 2 - Pinnerwood Commercial Units, Castleton Road, Auchterarder, PH3 1JS

Pinnerwood Estate extends in total to approximately 38.33 acres (15.51 hectares) and includes a six-bedroom detached property complete with mature garden grounds and a well-managed mixed commercial and amenity woodland. There is also a self-contained commercial unit generating an attractive annual rental income and an area of flexible amenity land with potential for development, subject to obtaining necessary planning permission.

Pinnerwood Estate provides a wonderful opportunity to purchase a secluded yet easily accessible, private country house in an idyllic location.

From the A9 turn onto the A824, signposted for
Auchterarder and Aberuthven. At the junction of Townhead road and the High Street, turn onto Castleton Road, signposted for the Catholic Church. Follow this road for approximately 1.3 miles, passing through Castleton, and the entrance to Pinnerwood is on the left.

Pinnerwood lies to the north of Auchterarder, a popular village within rural Perthshire, renowned for having the longest main street in Scotland and home of the world famous 5-star Gleneagles Hotel and golf course. The property is conveniently located for any golf enthusiast, with a range of fantastic courses on its door step.

Auchterarder provides local amenities, such as quality independent shops and galleries, health centre and dental practice, as well as a number of well-regarded places to eat.

Perth and Stirling, both within a short drive, provide a larger range of leisure and retail facilities that one might expect of larger urban areas. Perth Racecourse has a national reputation for horse racing, providing a thrilling atmosphere,
and hosts a range of events throughout the year.

In addition, there is the Concert Hall, newly refurbished theatre and Scone Palace.

Rural Perthshire offers a large variety of outdoor activities including, golfing, mountain biking, hill walking and climbing amongst the numerous nearby Munros, and field sports and fishing which are generally available with local Estates.

There is a nursery, primary and secondary school at the new community campus and a number of highly regarded private schools within easy reach.
The Property is located just 2.5 miles from the A9, providing excellent transport links both north and south. There is also a mainline railway station 4.5 miles away at Gleneagles, with regular services to Inverness, Perth, Edinburgh and Glasgow,
including the sleeper service to and from London. Edinburgh and Glasgow airports are also easily accessible by road.
Lot 2 – Commercial Units and Yard - Offers over £210,000

Included within the sale of Pinnerwood Estate is a set of versatile commercial units and storage yard extending to approximately 4.72 acres (1.91 hectares) . The Commercial area benefits from its own entrance from the public road with good communication links to Perth and Stirling via the A9 to the south. The area is currently let on a five-year lease, which expires in October 2019, and which currently provides an annual income to the owner.
The Commercial area is comprised of the following:

• Office Timber frame building providing a range of office space, reception area, and WC.
• Main Workshop Steel portal frame building under a steel sheet box profile roof. Walls are a combination of brick, timber and concrete blocks.
This building is accessible with HGVs and has an internal floor area of 353m² (3,800 ft²)
• Workshop 1 Timber framed building with a combination of timber and box profile sheeting walls under a box profile roof. This building has been sub-divided into two sections extending to approximately 198m² (2131ft²).
• Workshop 2 Modern steel portal frame building with profile walls and roof.
• Yard and Grounds The buildings detailed above are set in an area of hard standing and flat ground currently used for external storage, as well as a small area of young woodland to the north.
Workshops 1 and 2 were erected by the current tenants.

Three phase electricity, public water supply (partially delivered through private pipes) and private drainage service the property. Heating is by way of an oil fired central heating system.
Movables and Household contents
Available by separate negotiation

Council Tax and Rates
Workshop & Yard £12,800 per annum

Servitude Rights, Burdens and Wayleaves
The property will be sold subject to, and with the benefit of, all servitude rights, burdens, reservations and wayleaves or any other third-party rights howsoever constituted.

Timber and Mineral Rights
All standing and fallen timber is included in the sale. Mineral rights will be included in the sale so far as the sellers have rights thereto.

There is a commercial lease over the majority of Lot 2. A copy of the lease is available on request from the selling agents.

Data Room
Further information on specific elements of the property, including the commercial lease and Title will be available via an online data room to those who have undertaken an accompanied property viewing. Details on how to access this are available from the selling agent.

Date of Entry
To be by mutual agreement.

Closing Date
A closing date may be fixed and prospective purchasers are advised to register their interest with the Selling Agents. Prospective purchasers should note that unless their interest in the property is registered, no guarantee can be given that notice of a closing date will be advised and consequently the property may be sold without notice.

Formal offers in acceptable Scottish legal form, should be submitted in writing to the Selling Agents at their Perth office. Parties are asked to satisfy themselves that they fully understand the implications of offering under Scottish Law. The Sellers reserve the right not to accept the highest or any offer.

A deposit of 10% of the purchase price will become payable to the Seller within 14 days after conclusion of missives. Interest at 5% above the Bank of Scotland base rate shall be payable on the purchase price from the date of entry until paid and that notwithstanding that the Purchaser may not have taken entry. If the Purchaser fails to make payment within 28 days of the date of entry with all accrued interest the Seller shall be entitled to resile from the missives and resell the subjects of sale without prejudice to his rights and recover damages from the Purchaser.

Local Authority
Perth and Kinross Council, Pullar House, Kinnoull Street, Perth, PH1 5GD.
Tel No: 01738 475000

Selling Agent
Bidwells, 5 Atholl Place, Perth, PH1 5NE
Tel: 01738 630666
Email: ross.low@bidwells.co.uk

Thorntons, 13 Melville Street, Edinburgh, EH3 7PE
Tel: 0131 2258705
Email: lbarclay-smith@thorntons-law.co.uk

Details prepared April 2018
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