BOX WOODNear Stevenage, Hertfordshire

24.18 Hectares / 59.75 Acres

A delightful woodland, principally deciduous in content but also containing a variety of commercial coniferous species including European larch, Corsican pine and Douglas fir.

LEASEHOLD FOR SALE BY PRIVATE TREATY

Guide Price £180,000

BOX WOOD

www.johnclegg.co.uk

15 Dyer Street, CirencesterGloucestershire GL7 2PPTel: 01844 291384Email: woods@johnclegg.co.uk

Stevenage 3 miles Luton 16 miles Cambridge 29 miles Central London 40 miles

(Distances are approximate)

DIRECTIONSLeave the A1(M) at the Hitchin and Stevenage north exit and take the A602 towards Stevenage. After about a mile turn left onto the A1072 and at the third roundabout on this road turn left onto the B1037 to Walkern. The wood adjoins this road on the left hand side after half a mile. OS 1:50,000 Map 166 Ref TL269262 Nearest post code SG2 7AB.

VIEWINGViewing is possible without appointment at any time during daylight hours so long as prospective purchasers are in possession of a set of these sale particulars. For your own personal safety please be aware of hazards within the woodland when viewing.

TENURELeasehold. The wood is held on a 999 year lease dating from the 9th January 1956 at an annual rent of £7.54p. There are no provisions for a rent review. The rental has been paid for this year and will not be apportioned on completion. A copy of the lease can be viewed on the Selling Agent’s website www.johnclegg.co.uk

DESCRIPTIONBox wood is an attractive mixed lowland woodland which lies at the north east edge of Stevenage. In broad terms, the woodland is bounded by minor roads to the south and west, by agricultural land to the east and to the north it adjoins woodland and parkland managed by the local authority. The legal boundaries have been identified with yellow markings on the boundary posts for ease of identification in the field. The site is level with a slight slope to the southeast, and lies on fertile loams overlying chalk.

The current crop of trees was planted by the Forestry Commission, mainly in the late 1950s and 1960s and comprises mixed stands of conifers and broadleaves with the main species being beech, hornbeam, oak, Douglas fir, red cedar, and European larch. Other species present include Grand fir, western hemlock, birch, ash and sycamore creating a diverse and interesting woodland.

Trees have previously been thinned and crops are now approaching maturity, offering the opportunity to harvest some timber, subject to felling licence approval. A small area of felling has recently been carried out, amounting to around 0.3 hectares, and could now be restocked with a range of broadleaved species.

Box wood is subject to two important land-based designations. The full extent of the woodland has been identified as Ancient Replanted Woodland on Natural England’s Ancient Woodland Inventory (AWI). This indicates that forest soils are likely to have remained undisturbed by agriculture for millennia and therefore retain many important woodland characteristics. In particular, the woodland produces a fine display of bluebells and other woodland flowers in the spring.

The southern half of the woodland has been designated as a Scheduled Ancient Monument by English Heritage (now Historic England) due the presence of earthworks thought to be the remains of a settlement dating back to the medieval period. The designation indicates that the site is of national importance, but does not impose any maintenance liabilities or give any public access rights.

The woodland contains a good network of tracks and rides both surfaced and unsurfaced, and enjoys direct road access from the entrance to the south.

MANAGEMENTThe wood is currently managed by Pat Hart of Astwick Forestry Services (Tel: 01453 731 095) He will be pleased to discuss future management with prospective purchasers.

TAXATIONAfter two years’ ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances it is possible to roll-over Capital Gains into the proportion of the purchase price attributable to the value of the land.

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SPORTING RIGHTSThe sporting rights are reserved to the lessor although the lessee may shoot deer and wood pigeons and control squirrels and vermin. Muntjac deer are often seen in this woodland.

MINERAL RIGHTSThese are reserved to the lessor. The lessee may utilize any stone, sand or gravel under the property for the construction and maintenance of tracks and rides within the woodland.

FENCINGThe lessee is responsible for the maintenance of the boundary fences and will be required to indemnify the lessor in respect of the fencing obligations specified in the lease.

RIGHTS AND EASEMENTSThe woodland is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and any other easements.

WAYLEAVESThe woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof.

PLANS AND AREASThese are based on the Ordnance Survey and are for reference only. The purchaser shall be deemed to have satisfied himself as to their accuracy and any error or mis-statement shall not annul the sale or entitle any party to compensation in respect thereof.

OVERAGE CLAUSEThe woodland is sold subject to a clawback on future non-woodland development. This will be effective for 30 years from the date of completion of the current sale. Clawback will only be payable to the vendor or the vendor’s representative/s after planning permission for a non-woodland use has been granted and will be 30% of any increase in value created by that consent.

TENURE AND POSSESSIONLeasehold. Vacant possession will be given on completion

METHOD OF SALEBox Wood is offered for sale by Private Treaty. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted. Please contact our Haddenham office on 01844 291384.

Anti Money Laundering Compliance (AML)The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June 2017. This requires us to undertake due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase, before the transaction can proceed. Further information can be obtained from the following link:

https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities

OFFERS AROUND £180,000 ARE INVITED

IMPORTANT NOTICEJohn Clegg & Co for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) No warranty is given for the health of the trees within the property for sale. (6) The vendor does not make or give, and neither John Clegg & Co nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared January 2020

BOX WOOD BOX WOOD

CP &

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Track

103.6m

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Track

Co Cons

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0 .91 m R H

Path (um)

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STEVENAGE ROAD

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116.1m

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Reproduced by permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office. Crown Copyright.

All rights reserved. Licence No. ES 100020416

This plan is only for the guidance of intending purchasers.Although believed to be correct, its accuracy is not guaranteed

and does not form part of any contract.Drawing No T12087-01 Date 11.02.20

Scale1:4,500@ A4

15 Dyer Street, Cirencester,

Gloucestershire GL7 2PP

Box Wood

Key

Property Boundary

Path

BOX WOOD

Not ToScale

Gloucestershire

15 Dyer StreetCirencester

GL7 2PPwww.johnclegg.co.uk

This plan is only for the guidance of intending purchasers. Although believed tobe correct, its accuracy is not guaranteed and does not form part of any contract.Reproduced by permission of Ordnance Survey on behalf of the Controller of

Her Majesty's Stationary Office, Crown Copyright. All rights reserved.Licence No. 100023148

Produced by Pear Technology Services Ltd. www.peartechnlogy.co.uk info@peartechnology.co.uk

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BOX WOOD

England: 01844 291384 Scotland: 0131 229 8800 Wales: 01600 730735John Clegg & Co is the forestry division of Strutt & Parker, a trading style of BNP Paribas Real Estate Advisory & Property Management UK Ltd,

a private limited company registered in England and Wales with registered number 4176965 and with registered office address at 5 Aldermanbury Square, London EC2V 7BP

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