newton estate, crawford, lanarkshire NEWTON...

newton estate, crawford, lanarkshire

NEWTON ESTATECRAWFORD | SOUTH LANARKSHIRE

202 HECTARES / 499 ACRES

newton estate, crawford, lanarkshirenewton estate, crawford, lanarkshire

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NEWTONESTATE

Crawford 1.5 miles Junction 14 A74(M) Abington 5 miles Moffat 12 miles Glasgow 47 miles Edinburgh 47 miles Carlisle 67 miles (Distances are approximate)

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NEWTON ESTATE202 Hectares / 499 Acres

An interesting and unusual, strategically located portfolio of investment assets comprising commercial forestry, wind turbine and radio mast income; two

cottages; frontage to the River Clyde; traditional stables and grazing ground.

FREEHOLD FOR SALE AS A WHOLE

Offers Over £2,950,000

SOLE SELLING AGENTSJohn Clegg & Co

2 Rutland Square, Edinburgh EH1 2ASTel: 0131 229 8800

Ref: Jon Lambert MRICS and Fenning Welstead FICFor, FRICSjohnclegg.co.uk

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LOCATIONNewton Estate is located either side of the A74(M) at Junction 14, some 5 miles south of Abington (Junction 13) and 12 miles north of Moffat (Junction 15).

Crawford, a small village, lies just to the north of Newton Estate and benefits from a single hotel and basic facilities.

The property is located in South Lanarkshire.

The A74(M) Corridor saw significant afforestation in the 1980s and several substantial wind farms have been constructed over the past two decades.

In addition to forestry and wind turbines, the area is characterised by upland sheep grazing.

From the motorway (Junction 14), Lockerbie, with its modern sawmill and Stevenscroft Biomass fuelled power station, is just 30 miles to the south.

In addition, there are many other end users of timber within easy access, leading to a location that is ideal for commercial timber production and an area greatly sought after by forestry investors.

The property is shown on the location and sale plan within these particulars and can be found on OS Sheet 1:50,000 Number 78, Grid Reference NS 957 174.


ACCESS The property benefits from excellent access. If heading north on the A74(M), exit at Junction 14. The slipway leads to a roundabout with the A702. Turn right and back under the motorway. At the T-junction, the River Clyde and part of the property is directly in front of you. Turn right onto the B7076 towards Newton Estate.

If heading south on the A74(M), you have the option of exiting at Junction 13, the Abington Service Area, and following the B702 through Abington Village and southwards. Alternatively, carry on south on the M74 and depart at a minor slip-road leading to the village of Crawford and signposted for Drumlanrig House. This will bring you down onto a small roundabout and if you take the third exit you will be heading south on the A702 and will reach the same T-junction noted above. Carry on straight ahead to reach the roundabout shown at point A6. From the first exit from this roundabout continues the B7076 southwards and through the heart of Newton Estate. The second exit is a slip-road onto the south-bound M74 carriageway; and, the third exit is a tarred driveway heading northwards under the motorway and then southwards to point A7 and Newton House.

The principal access to the forestry property is from point A1, directly off the B7076. There is a substantial access road shown A1-A2-A3, that was developed as a potential access into the Clyde Wind Farm. From point A3-A4, the road continues up to Lady Cairn at 522 metres above sea level, and services 2 radio masts. Just to the west of the radio masts is a single wind turbine, which is accessed from the north over neighbouring land.

The main forest, on Wellshot Hill, is served by further roading leading from point A3 northwards, as shown on the sale plan. Part of this road has been upgraded but part remains as an original establishment track. In addition, there is access directly off the B7076 at point A9 onto an internal track leading through the property to point A10. This route has been used for the extraction of significant volumes of timber and also provides access to the fields lying against the River Clyde.

Access to Bodsberry Cottage is provided from the B7076 at point A5. Turn off the main carriageway and then immediately turn right along a tarred section of former country road leading to the cottage.

In addition, to these specific routes, there are number of other roads and tracks providing access throughout the property, for example the extension from Newton House southwards to point A8. There is ample stone on site for road building and further development of the access should be straightforward.

Please note that there are a number of locked gates within the property and the Edinburgh office of John Clegg & Co should be contacted before visiting to confirm access.


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DESCRIPTION Newton Estate comprises a diverse collection of property assets generating a significant annual income stream. The adjoining summary chart shows a breakdown on the constituent parts.

Newton Estate has formed part of the historical route between Scotland and England and there are a number of historical sites within the property.

The top of Bodsberry Hill is a Scheduled Monument, being a prehistoric domestic and defensive fort.

The pedestrian bridge that leads across The Clyde to the west of Newton House is a Listed Building. The present bridge was constructed in 1900 as a replacement of the original 17th century masonry bridge. This was destroyed in floods during the 1890s. The route crossing The Clyde at this point is part of the pre-Telford route southwards.

There is Paddy’s cemetery, close to Elvanfoot Bridge. The monument to Paddy’s Cemetery was erected in 1916 on the stone wall of the cemetery where 37 workers killed in an accident in 1847 are buried.

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Description Current annual income Estimated rental value

Commercial Forestry Substantial timber income imminent

Grazing Ground £1,750

Newton House £9,600

Bodsberry Cottage £4,800

Windfarm Access Track (until 2037) £77,133 + RPI

Radio Masts:

EE (renewal Jan 2018) £7,600

Vodafone (2016 - 2031) £8,000

Wind Turbine (until 2037) currently £13,983 + RPI

Sporting Rights:

Stalking £1,000

Fishing £500

Total £116,316 £8,050


COMMERCIAL FORESTRY

The total forest area, which is Certified, extends to some 179.65 hectares/443.74 acres, and is summarised as follows:

There are two areas that have been felled. An area close to the wind turbine, which is not to be restocked, extending to 28.20 hectares/69.65acres; and a second area extending to 25.76 hectares/63.63 acres, which is to be restocked as per the Forest Plan, a copy of which is available from the Selling Agent.

The restocking liability will transfer to the purchaser.

The principal species, Sitka spruce, is growing to a high yield class and considerable volumes of good quality timber are likely to be felled imminently.

Access throughout the property out on to the A74(M) is excellent.

Further information, including compartment data and maps, is available from the Selling Agent upon request.

Grazing GroundThere are two areas of grazing ground within Newton Estate. One just north of Newton House and adjacent to the River Clyde; the other, adjacent to the B7076, east of the A74 and just north of Bodsberry Cottage. Both areas are classified as 5.1 on the Scottish National Soil Register Capability Index for Agriculture. Both areas have been grazed in the past and cut for silage.

Newton House and StablesNewton House is a charming single storey, harled stone slate roof cottage surrounded by pony paddocks and overlooking the River Clyde. The two-bedroom house, which has been generally refurbished and modernised, has one bathroom, fully equipped kitchen and sitting room with wood burning stove.

The stable block close to Newton House, is a traditional stone and slate building with hay barn, historic groom’s accommodation,

page 7

Planting Year

Species 1973 1974 1975 1976 1977 1978 2013 Area (Ha)

Sitka spruce 3.77 68.76 7.90 8.30 12.00 100.73

Japanese larch 5.43 5.43

Scots pine 1.40 0.90 2.30

Mixed broadleaves 12.13 12.13

Felled 25.76 25.76

Pond 0.20 0.20

Wind Farm Habitat 28.20 28.20

Open ground 4.90 4.90

Total 15.90 74.19 1.40 0.90 7.90 8.30 12.00 179.65


page 8

courtyard and storage and is in generally good repair.

The house, stables and paddocks are currently let at £9,600 per annum.

The full address is Newton House, Elvanfoot, Biggar ML12 6RL. The Council Tax Band is B.

Bodsberry CottageBodsberry Cottage, similar to Newton House, is a traditional harled stone structure with slate roof. The cottage has electric heating and double glazing, three bedrooms, bathroom and a spacious living/kitchen area with open fire. There are four outbuildings and a small garden facing Newton Forest.

The property has vacant possession and is currently used as holiday home for the current owners.

Services for both properties comprise private water supplies from bore holes, which provide an ample and reliable supply, septic tank drainage and mains electricity.

Energy Performance Certificates are available from the Selling Agents upon request.

Wind TurbineThe wind farm developer is SSE Renewables Developments (UK) Ltd. The single turbine forms part of the Clyde Wind Farm.

The lease runs until 2037 and the current rent passing is £13,983.17 plus RPI. A copy of the lease is available from the Selling Agents.

The full address is 301 Carlisle Road, Elvanfoot, Biggar ML12 6RL. The Council Tax Band is B.

Radio MastsThere are two radio masts located at the top of the hill called Lady Cairn.

SPORTING RIGHTSSporting on Newton Estate has not been exercised in recent years. There are Roe deer in the vicinity and, indeed, Fallow deer close-by.

Newton benefits from riparian trout fishing rights in the River Clyde and enjoyable sport can be had.

The recently reintroduced rates for sporting rights is at a Rateable Value of £1,000. This figure is currently being appealed.

MINERAL RIGHTSMineral rights are included except as reserved by Statute or in terms of the Title.

WAYLEAVES & THIRD PARTY RIGHTSThe property will be sold with the benefit of, and subject to, all existing rights and burdens with the Title.

The sellers will reserve the right of access to a grave located close to the pond. Further details are available from the Selling Agents.


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PROPERTY MANAGEMENTNewton Estate has been managed for many years by David Butler FRICS, FIA(Scot), MRAC of Butler Land Management Ltd. For ongoing management proposals, he can be contacted at Butler Land Management Ltd, Beckfoot, Annan, Dumfriesshire DG12 6SN. Tel: 01461 201200. Email: [email protected]. www.butlerlm.co.uk

WOODLAND GRANTSThere are no grant schemes in place and no transfer of obligations required. For further information on current grants available please visit the FCS and Scottish Government websites:

• http://www.forestry.gov.uk/scotland

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

AUTHORITIESForestry Commission Scotland Central Scotland Conservancy Bothwell House Hamilton Business Park Caird Park, Hamilton ML3 0QA Tel: 0300 067 6006

VIEWINGViewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. Please contact the Selling Agents in advance of your visit to arrange a viewing. For your own personal safety please be aware of potential hazards within the woodland when viewing.

OFFERSIf you wish to make an offer on this property or would like us to inform you of a closing date for offers, it is important that you notify us in writing of your interest. Offers in Scottish Legal Form are to be submitted to the Selling Agents.

In addition, any offer presented must be accompanied with proof of identity of the offeror and his/her residential address before acceptance of the offer can be confirmed. Further information can be obtained from the Selling Agent.

SOLE SELLING AGENTSJohn Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS; Tel: 0131 229 8800. Ref: Jon Lambert and Fenning Welstead.

SELLER’S SOLICITORSThorntons, 13 Melville Street, Edinburgh EH3 7PE; Tel: 0131 240 8705. Ref: Linsey Barclay-Smith.

TAXATIONAt 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.

South Lanarkshire Council Council Offices Almada Street Hamilton South Lanarkshire ML3 0AA Tel: 0303 123 1015


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IMPORTANT NOTICE

John Clegg & Co, its members, employees and their clients give notice that:

1. These particulars (prepared in November 2017) and all statements, areas, measurements, plans, maps, aspects, distances or references to condition form no part of any offer or contract and are only intended to give a fair overall description of the property for guidance, specifically land ownership adjacent to the A74(M) and B7076; and, indeed, in some areas under these roads is complicated. The sale plan is for guidance only and the property will be sold as per the property titles, a copy of which is available from John Clegg & Co. John Clegg & Co will not be responsible to purchasers, who should rely on their own enquiries into all such matters and seek professional advice prior to purchase. 2. Neither these particulars nor any subsequent communication by John Clegg & Co will be binding on its clients, whether acted upon or not, unless incorporated within a written document signed by the sellers or on their behalf, satisfying the requirements of section 3 of the Requirements of Writing (Scotland) Act 1995. 3. The sellers do not make or give, and neither John Clegg & Co nor its members or employees nor any joint agent have any authority to make or give, any representation or warranty in relation to the property. 4. The property (which may be subject to rights of way, servitudes, wayleaves and others) will be sold as per the title deeds, which may differ from these particulars. Photographs may depict only parts of the property, which may not have remained the same as when photographed. 5. Where reference is made to grant schemes, planning permissions or potential uses, such information is given by John Clegg & Co in good faith, but purchasers should rely on their own enquiries into those matters. 6. Prospective purchasers should be aware of the influence and effect the Wildlife and Countryside Act 1981, Nature Conservation (Scotland) Act 2004 and the Wildlife and Natural Environmental (Scotland) Act 2011 along with any statutory designations, may have on the property, including rights of public access under the Land Reform (Scotland) Act 2003. 7. The sellers will not be obliged to accept the highest, or indeed any, offer and may at any time accept an offer or withdraw the property from the market. Neither the sellers nor John Clegg & Co will be responsible for any costs incurred by interested parties.


John Clegg & CoEngland: 01844 291 384 Scotland: 0131 229 8800 Wales: 01600 730735

John 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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