80.16 acres of woodland being sold as a whole at offers over £600,000

Rough Park Plantation extends to about 80.16 acres in total –approx. 77.84 acres of woodland and 2.32 acres of roads and visibility splays. It boasts a diverse array of mainly broadleaves, with some Scots pine scattered throughout this mix of species, creating a diverse wildlife habitat. The woodland would be well suited to community involvement and falls within the WIAT (Woodland In and Around Towns) grant catchment area.

Rough Park Plantation is located a mile to the east of Cardenden and has outstanding transportation links with the A92/M90 to Edinburgh and the A92 to Kirkcaldy and Glenrothes. Grid Reference NT[use Contact Agent Button].

Offers over £600,000

TAXATION
At present, all revenue from timber sales is Income and Corporation Tax free. There is no Capital Gains Tax on growing timber, although there may be a liability on the land. Under the Inheritance Tax regime, 100% Business Property Relief should be available on commercial woodlands. VAT is 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 exception of farm woodland and subsidy payments.

SPORTING RIGHTS
Being investigated by the seller’s solicitors.

BOUNDARIES
Being investigated.

MINERAL RIGHTS
Being investigated.

WOODLAND GRANTS
There are no grant schemes in place and no transfer of obligations required. For further information on current grants available please visit the Scottish Forestry and Scottish Government websites:
LOCATION
There are excellent local facilities in Kirkcaldy with local golf courses including Cluny Clays which also has a clay pigeon shooting range. Kirkcaldy, Glenrothes, Dunfermline and Edinburgh are easily accessed from these woods.

Viewing and registering an interest
Viewers can inspect the property without appointment but they view at their own risk. To arrange a viewing please contact McCrae & McCrae Ltd, 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. [use Contact Agent Button]. Out of office hours please contact Rod McCrae on[use Contact Agent Button].

Closing Date
It is likely that a closing date for offers will be set and prospective purchasers are advised to register their interest in the property to ensure that they are given notice of any closing date. Failure to register interest may result in the property being sold without notice.

Property Misdescription
These particulars do not constitute any part of an offer or contract. All measures are given as a guide and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission or mis-statement in the particulars, during negotiations or otherwise, any representation or warranty whatever in relation to this property.

Offers
Offers must be submitted in Scottish legal terms to the Selling Agents, McCrae & McCrae Ltd at 12 Abbey Park Place, Dunfermline, Fife, KY12 7PD. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the Selling Agents.