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Farm for sale

Lot 3, Land At Cotbank Of Barras, Stonehaven, Aberdeenshire, AB39

POA
51.3 ac.

Property Description

Commercial information

  • 51.4 acres (20.8 hectares)

Key features

  • Grade 3(1) & 3(2) arable land
  • Meaurisng 51.39 acres (20.8ha)
  • Renowned farming area south of Stonehaven
  • Easily accesible from A90

Full description

LOT 1: SOLD
38.19 hectares (94.36 acres) of Class 3(2) arable land

LOT 2: SOLD
39.83 hectares (98.42 acres) of Class 3(1) arable land

LOT 3: FOR SALE
20.8 hectares (51.39 acres) of Class 3(1) and 3(2) arable land

VIEWING
Strictly by appointing with the sole selling agents - CKD Galbraith LLP, 337 North Deeside Road, Cults, Aberdeen, AB15 9SP. Tel: 01224 860710. Fax: 01224 869023. Email: aberdeen@ckdgalbraith.co.uk

DIRECTIONS
From Aberdeen travel south on the A90, pass Stonehaven and take the turning on the left signposted Kinneff. Continue along this road for approximately 2 miles, where you will find Lot 3 on your left hand side.

Alternatively, travelling from Dundee on the A90, pass Laurencekirk and the sign to Drumlithie, then take the next right to Kinneff. Then follow the same directions as above.

SITUATION
The land at Cotbank of Barras is situated in a desirable farming area south of Stonehaven.

The land is easily accessible from the A90 which provides good links to both Aberdeen and Dundee. Rail links can be reached in both Stonehaven and Montrose.

DESCRIPTION
Cotbank of Barras is a block of Grade 3(1) and Grade 3(2) arable land. The land extends to 98.82 hectares (244.17 acres). Good access is provided to each of the lots from public unclassified roads. The land is classified as Non Less Favoured.

The majority of the land is classified as Grade 3(1) according to the Macaulay Institute for Soil Research, making it high quality, productive land. The rest is classified as Grade 3 (2). The land rises from 120m to around 200m and is south easterly facing.

LOT 1 - SOLD
This area is split into four enclosures with all the land being classified as Non LFA. This lot has been utilised for arable production and is classified as Grade 3(2).

LOT 2 - SOLD
This block is made up of five enclosures and has been utilised for arable production. It is classified as Non LFA and is graded as 3(1) land.

LOT 3 - FOR SALE
This block is separated into two enclosures and is designated Non LFA. The land has been utilised for arable production.

GENERAL INFORMATION

SELLERS SOLICITORS
Peterkins Solicitors, 60 Market Place, Inverurie, AB51 3XN

LOCAL AUTHORITY
Aberdeenshire Council, Gordon House, Blackhall road, Inverurie, AB51 3WB. Telephone 01467 628200

RURAL PAYMENTS AND INSPECTION DIRECTORATE
Thainstone Court, Inverurie, AB51 5YA, Tel: 01467 626222. Farm Code 481/0011.

METHOD OF SALE
For sale as a Whole and in 3 Lots

BASIC PAYMENT SCHEME
The Basic Payment Scheme entitlements will be established by the seller and are not included in the sale of the land but are available to be taken over at valuation.

SPORTINGS
The Sporting Rights are included in the sale, insofar as they are owned

MINERALS
The Mineral Rights are included in the sale, insofar as they are owned.

TIMBER
All fallen and standing timber is included in the sale insofar as they are owned.

POSSESSION AND ENTRY
Vacant possession and entry will be given on completion or such mutual time to be agreed by the seller and the purchaser.

INGOING VALUATION
The purchaser(s) shall, in addition to the purchase price, be obliged to take over and pay for at a valuation to be agreed by a mutually appointed valuer(s) with respect to the following:

All cultivations and growing crops on a seeds, labour, lime, fertilizer, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops.

All hay, straw fodder, roots, silage and farmyard manure and other produce at market value. All oils, fuels, fertilizers, sprays, chemicals seeds and sundries at cost.
Note: If the amount of the valuations has not been agreed on the date fixed for completion, then the purchaser shall pay to the seller such a sum as the selling agents shall certify on account at the valuation pending agreement. Should the payment not be made within seven days then the interest will become payable on outstanding monies at 8% over the Bank of Scotland borrowing rate as adjusted from time to time.

DEPOSIT
A deposit of 10% of the purchase price shall be paid within seven days of the completion of Missives. The deposit will be non-refundable in the event of the purchaser(s) failing to pay the purchase price or failing to complete for reasons not attributable to the seller of the seller's agents.

HEALTH & SAFETY
The property is an agricultural holding and appropriate caution should be exercised at all times during inspection, particularly in reference to the farm buildings.

MORTGAGE FINANCE
CKD Galbraith are approved agents for the Agricultural Mortgage Corporation (AMC) and we can assist you in securing finance loans for a variety of farming purposes including the purchase of land and property, facilitate and reschedule debt, and to provide working capital for diverse creation, and improving on erected farm buildings. For further details and to discuss any proposals in connection please contact Robert Taylor on 0800 3899448. Email: robert.taylor@ckdgalbraith.co.uk

CLOSING DATE
A closing date may be fixed. Prospective purchasers who have noted their interest through lawyers to CKD Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously. The Seller will not be obliged to accept the highest, or indeed any offer, and has the right to accept an offer at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred by interested parties.

OFFERS
Formal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to CKD Galbraith LLP, 337 North Deeside Road, Cults, Aberdeen, AB15 9SP. Tel: 01224 860710

THRID PARTY RIGHTS AND SERVITUDES
The subjects are sold together with and subject to all existing rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves in all aspects thereof.

IMPORTANT NOTES
These particulars are intended to give a fair and overall description of the property. If any points are relevant to your interest, please ask for further information, prior to viewing. Prospective purchasers are advised to seek their own professional advice.

Areas, measurements and distances are given as a guide. Photographs depict only certain parts of the property. Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of service and appliances.

These particulars shall not be binding on our clients whether acted on or otherwise, unless the same is incorporated within a written document, signed by our clients or on their behalf, satisfying the requirements of Section 3 of The Requirements of Writing (Scotland) Act 1995.


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