Sold

Deveron Wood, Huntly, Aberdeenshire, AB54 8AE

Asking Price £1,350,000

Closing date set

Property Advisor

Denis Torley

Partner, Forestry

View Denis Torley 's profile

CLOSING DATE SET FOR TUESDAY 7 FEBRUARY 2023 AT 12.00NOON

76.3 Hectares/188.54 Acres

(According to Title)

An excellent opportunity to acquire a compact commercial forest with both young, and mature high yielding crops of Sitka spruce

Summary

• Close to timber markets

• Opportunity for immediate timber income

• Sporting rights included

Distances

Huntly 4 miles

Aberdeen 42 miles

Edinburgh 165 miles

(Distances are approximate)

Freehold for sale as a whole

Offers Over £1,350,000

Introduction

This is an increasingly rare opportunity to acquire a highly productive compact commercial forest. Deveron Wood

enjoys extensive stands of mature Sitka spruce (37.11ha) with approval for immediate felling, with the benefit of recently restocked crops comprising Sitka spruce (27.9ha)

Hybrid larch (4.03ha) and mixed broadleaves and open ground (6.82ha).

Location and directions.

Deveron Wood is situated in Aberdeenshire, in the northeast of Scotland, lying approximately four miles north 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 534 428.

From Aberdeen, take the A96 west to Huntly. Approximately 1 mile west of Huntly, take the B9022 north for approximately 2.5 miles (Point A on the Sale Plan). Turn right

onto the unadopted tarmac road (signposted Coniecleugh) and proceed for approximately 200 yards to a gated entrance on the right. Proceed through this gate, travelling

south for three quarters of a mile, and the woodland is on your left (Point B on Sale Plan). Please contact the Selling Agents for the gate code.

Access

There is a right of access for purposes including forestry, silviculture, timber extraction and related activities from

Point A to Point B on the Sale Plan. The B9022 public road is classified as a Consultation Route in the Timber Transport

Forum’s Agreed Routes Map.

Description

Deveron Wood extends to 76.3ha, (188.54 acres) according to Title. The woodland is dominated by stands of high yielding Sitka spruce, extending to 37.11ha, planted in

1981. These crops have been partially thinned to the south of the stand, and exhibit good form throughout, with significant volumes of standing timber. The average

estimated yield class is Yield Class 20. Recent windblow, as a result of Storm Arwen, has led to catastrophic windblow extending to approximately 4.7ha, with sporadic windblow

in approximately a further 9.5ha of the crop. Aerial footage and mapping are available from the Selling Agents. Approval has been granted to clearfell 37.06ha of spruce via an

amendment to the existing Forest Plan.

Restructuring of the forest commenced in 2018, with substantial volumes of timber harvested from the southern section at this time. This area is now fully restocked with

Sitka spruce, Hybrid larch, mixed broadleaves and designed open ground.

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.

There are third party water supplies taken from the property.

Plans of these are available from the Selling Agents.

Mineral Rights

Mineral rights will be sold insofar as the Seller has title thereto.

Sporting rights

Sporting rights are included. Deveron Wood has a population of roe deer.

Boundaries

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

Woodland Grants

The property is IACS registered. There is an approved Forest Plan, reference 4718204, which provides (via agreed variation) consent for the immediate felling of the mature

Sitka spruce crops extending to 37.06ha. For further information on current grants available please visit the following websites:

• https://forestry.gov.scot

• https://www.ruralpayments.org/publicsite/futures

Property Information

The forest also has a current UKWAS Management Plan.

Under the present ownership, the forest was successfully assessed under the Tilhill Forestry Ltd Group Certification Scheme in 2022.

For detailed information, please contact the Selling Agents to access further information on specific elements of the Property, including, compartment schedules,

compartmented maps, Title information, IACS plans etc.

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 on 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

Bidwells

Elm House, Cradlehall Business Park,

Inverness, IV2 5GH

Tel: 07827 256 907

Email: denis.torley@bidwells.co.uk

Important notice

Bidwells LLP acting for themselves and for the vendors of this Property, whose agents they are, give notice that: Nothing contained in these particulars or their contents or actions, both verbally or in writing, by Bidwells LLP form any offer or contract, liability or implied obligation to any applicants, viewing parties or prospective purchasers of the Property to the fullest extent permitted by law and should not be relied upon as statements or representative of fact. No person in the employment of Bidwells LLP or any joint agents has authority to make or give any representation or warranty whatever in relation to this Property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only, may not be to scale and are not necessarily comprehensive. Any photographs displayed in these particulars depict only part of the Property and it should not be assumed that any items seen therein are included in the sale, or that the Property remains as displayed in the photographs. No assumptions should be made regarding other parts of the property that have not been photographed. No assumptions should be made that the Property has all necessary planning, building regulation or other consents. Bidwells LLP has not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. Where applicable all rentals and prices are quoted exclusive of

VAT unless otherwise stated. Should there be any discrepancy between these particulars and the Missives of Sale, the latter shall prevail. OS licence no. ES 100017734.

Bidwell House, Trumpington Road, Cambridge CB2 9LD where a list of members is available for inspection. Your statutory rights are not affected by this notice. wSales

Particulars prepared September 2022. Photographs taken in 2022

Solicitor

Michael Dewar

Wright Johnson Mackenzie

The Capital Building

12/13 St Andrew Square

Edinburgh

EH2 2AF

Tel: 0131 524 1500

Email: mjd@wjm.co.uk

Forest Authority

Scottish Forestry