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Property
Key information
Property description & features
- Tenure: Freehold
- 109.52 acres (44.32 ha)
- Commercial confier forest
- Timber production
- Native woodland
- Sporting
- Amenity potential
Description
The woodland was primarily established in 1996 with sitka spruce and other areas of mixed conifers and broadleaves prior to this date. Sitka spruce with the potential to yield good volumes of timber from future thinning and felling programmes is the prominent species showing good growth rates and form. A first thinning programme in the spruce stands was carried out approximately 5 years ago and would be suitable for a second thinning.
Substantial loading and turning facilities were installed prior to the thinning progamme commencing which is more than adequate for future thinning and felling operations. The pine and larch stands are currently in good health with adequate growth rates. On the southern perimeter lies a very attractive mature mixed broadleaf woodland which is bisected by the Shotts Burn.
Boundaries
The property is generally enclosed within stock fences and stone dykes. March fencing is maintained on a mutual basis with neighboring owners, except along the public road where the responsibility lies with the woodland owner. The ground for sale as is described in the title deeds and warrandice will be excluded for any area where the fence line lies outside the legal boundary.
Sporting
The sporting rights are included and are currently un-let. With a good network of rides and open spaces there is a potential for good woodland deer stalking of roe from high set and on foot.
Taxation
At present all revenue from timber sales is exempt from Income Tax. There is no Capital Gains Tax on timber, although there may be a liability on the land. Under the Inheritance Tax regime, 100% Business Property Relief should be available for commercial woodlands after two years ownership.
Grant Schemes
There are currently no grant schemes over the property.
Roads
The property is well serviced with a short forest and good loading and turning facilities shown as A-B. The principal access is at Point A. An additional access is located at point C-D along a private road leading to Dunsyston Farm. This route is subject to maintenance on a user basis with a condition that the forest owner does not need to maintain the road to a standard higher than that required for forestry purposes.
Archaeology
No archaeological features have been identified on site.
Minerals
Mineral rights are included, except as provided for by statute.
Property information from this agent
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