Closing Date Set Risquehouse Forest, Huntly, Aberdeenshire, AB54 4QB

Freehold
£1,050,000
CLOSING DATE SET FOR WEDNESDAY 7 OCTOBER 2020 AT 12.00NOON

66.58 Hectares/164.52 Acres
(According to Title)

An excellent opportunity to acquire a compact
commercial forest with maturing high yielding
crops of Sitka spruce and diverse conifers, close
to timber markets. Sporting rights included.

FREEHOLD FOR SALE AS A WHOLE
Offers Over £1,050,000
• Huntly 5 miles
• Aberdeen 39 miles
• Inverness 70 miles
• Edinburgh 162 miles
(Distances are approximate)

Introduction

Risquehouse extends to approximately 66.58 hectares (164.52 acres), comprising 50.09net hectares of conifer timber crops and approximately 16.06 hectares of mixed broadleaved woodland and open ground, including all rides.

This is an opportunity to acquire a compact commercial forest, with extensive stands of rapidly maturing Sitka spruce (36.06 net hectares), and further areas of diverse conifers including Douglas fir, European larch, Grand and Noble fir extending to 14.03 hectares.

Location and directions

Risquehouse is situated in Aberdeenshire, in the northeast of Scotland, lying approximately 5 miles south of the town of Huntly.

The property is shown on the location and sale plans within these particulars and can be found on OS Sheet 1:50,000
Number 29, Grid Reference: NJ 528 331.

From Aberdeen, take the A96 west for approximately 34 miles to Huntly then follow the A97 south for approximately 4.5 miles, turning left at the signpost to the village of Gartly.
Follow this road through the village for approximately one mile to point A1 on the sale plan, the entrance to Risquehouse Farm. There is a heritable right of access for all purposes from point A1 to A2. Access into the woodland
from A2 is presently taken on foot.

Access

In addition to the access described above there is an existing field access at point A3 on the sale plan, opposite the entrance to Forestry and Land Scotland’s Gartly Forest. Off road parking is currently available here. This field entrance
could provide a suitable timber lorry entrance and stacking area for the forest. The C79S public road from the A97 to point A3 on the sale plan is classified as an Agreed Route in the Timber Transport Forum’s Agreed Routes Map.

Description

Risquehouse extends to 66.58ha or thereby, according to Title. The woodland is dominated by stands of high yielding Sitka spruce, extending to 36.06 net hectares, planted in 1994. These crops are well stocked and exhibit good tree form, with self-thinning becoming apparent. The woodland also benefits from older areas of mixed conifers,
and smaller, discrete stands of Douglas fir and European larch predominantly planted in 1989 and extending to 14.03 net hectares in total. These comprise stands of Douglas fir, European larch, Grand and Noble fir in varying degrees
of mixture with Sitka spruce. The fir species contain large volumes of timber of good to moderate form.
The woodland also contains significant and attractive stands of mixed woodland, with both mixed broadleaves and mixed conifers and broadleaves, predominantly planted in 1994 and forming well defined species diversity
for future restructuring of the woodland. These mixed woodlands extend to approximately 9.01 hectares and are complemented by the network of open ground and rides of 7.05 hectares.

Sitka spruce (SS) 36.06 36.06
Mixed conifers (MC) 13.00 0.93 13.93
Douglas fir (DF) 0.06 0.06
European Larch (EL) 0.04 0.04
Mixed conifers and
broadleaves (MW)
1.29 1.29
Mixed Broadleaves
(MB)
0.34 7.39 7.73
Open ground 7.05 7.05
TOTAL 13.34 45.76 7.05 66.15

Please note, there are differences between the
compartmented area and area according to Title.
The Property will be sold according to Title.

Third Party Rights and Burdens

The Property will be sold subject to and with the benefit of all servitude rights, burdens, reservations and any other third party rights howsoever constituted.

Sporting rights

Sporting rights are included and are presently let on an annual basis, until Feb 2021. Risquehouse has a population of both red and roe deer and the network of rides and open spaces provides good opportunities for deer management.

Boundaries

The boundary of the forest block has been maintained in a stock-proof condition where it meets agricultural uses. The boundary to the railway is also fenced.

Woodland Grants

The property is IACS registered. There are no grant
schemes in place and no transfer of obligations required. For further information on current grants available please visit the following websites:
• https://forestry.gov.scot
• https://www.ruralpayments.org/publicsite/futures

Dataroom

For detailed information, please contact Bidwells to access further information on specific elements of the Property, including, compartment schedules, compartmented maps Title information, sporting records, IACS plans etc. via a secure online data room, available to those who have formally noted their interest. The management company
maps which are available in the dataroom include subcompartment and species data. The Property will be sold as per the Title.

Viewing and Closing Date

Viewing is strictly by appointment with the Selling Agents. It is anticipated that a closing date for best offers will be set in due course but the Seller reserves the right to sell without setting a formal closing date. The Seller will not be bound to
accept the highest or indeed any offer.
Potential purchasers are advised to formally register their interest, in order that they may be informed if a closing date for offers is set.
Prospective Purchasers and Financial Resources
Any offer by prospective purchaser(s), regardless of where they are ordinarily resident must be accompanied by a guarantee from a banker who is acceptable to the Seller.

Any offer by prospective purchaser(s) that is to be reliant mon finance must also be accompanied by supporting documents acceptable to the Seller.
Anti-Money Laundering Regulations
Prospective purchasers will be required to produce
identification sufficient to satisfy anti-money laundering regulations and checks against the intended purchaser or nominee together with other documentation that may be required, from time to time, in order to support any conditional offers submitted to the Seller.

Bidwells LLP accepts no liability of any type arising from your delay or other lack of co-operation. We may hold your name on our database unless you instruct us otherwise.

Selling Agent

Denis Torley
Elm House, Cradlehall Business Park, Inverness, IV2 5GH
Tel: 07827 256907
Email: denis.torley@bidwells.co.uk

Solicitor

Alan White
Gillespie Mac Andrew, 5 Atholl Crescent, Edinburgh EH3 8EJ
Tel: 0131 260 7537
Email: Alan.White@gillespiemacandrew.co.uk
Forest Authority
Scottish Forestry, Grampian Conservancy, Portsoy Road,
Huntly, AB54 4SJ
Tel: 01466 794 542
Email: grampian.cons@forestry.gov.scot
Local Authority
Aberdeenshire Council
Woodhill House, Westburn Road, Aberdeen, AB16 5GB
Tel: 03456 08 12 08
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