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Land for sale

Inchgray, Fettercairn, Kincardineshire, AB30

Under Offer 636 ac. | £2,900,000

Property Description

Commercial information

  • 636 acres (257.4 hectares)

Key features

  • About 636 acres in total
  • Farm buildings
  • 423 acres arable
  • 25 acres pasture
  • 26 acres rough grazing
  • 144 acres of commercial and amenity woodland
  • For Sale as a Whole or in 5 Lots

Full description

Tenure: Freehold

**** CLOSING DATE 12 NOON - 28 SEPTEMBER 2016****

Location

Inchgray is situated on the east coast of Scotland, between the village of Fettercairn and the town of Laurencekirk, in an area to the west of the Garvock Hills on the productive fertile alluvial plain known as "the Howe of the Mearns". The area is renowned agriculturally for the quality of its soils and the ability to grow a wide range of crops including soft fruit, vegetables, potatoes and bulbs.

Recreational activities are diverse and include fishing on the Rivers North and South Esk as well as on the River Dee to the north, traditional field sports in the Angus Glens and shooting on local estates. The area boasts numerous golf courses, both links and parkland play. To the north lie Royal Aberdeen and Trump International at Menie, both well regarded links courses, whilst to the south are the courses of Carnoustie and St Andrews which have both hosted The British Open. More locally, there are challenging 18 hole courses at Edzell, Brechin and Montrose and a 9 hole course at Auchenblae. The City of Aberdeen is a vibrant city with its corporate headquarters, universities and colleges and provides all the services expected of a major city. Private schools in Aberdeen include Robert Gordon's, The Albyn, St Margaret's (girls) and the new International School of Aberdeen. More locally, Lathallan School at Johnshaven (13 miles) caters for children from nursery to age 18.

The area is well served by agricultural merchants and dealers and there is a successful local machinery ring which can provide additional resources as and when required. Grain and potatoes are shipped directly from Montrose and there is a livestock mart at Forfar (24 miles) and Thainstone (37 miles).

Description

Inchgray is principally an arable unit extending to 636 acres in total. Formerly part of the Fettercairn Estate which lies to the north, Inchgray is bounded to the north and west by public roads (B966 and B9120). The arable land is classified predominantly as Grade 2 by the James Hutton Institute for Soil Research, with the remainder being classified as Grade 3(1), and lies between 65m and 75m above sea level. The soils are derived from the Laurencekirk and Balrownie series and can be described as a medium loam with a good working depth which is capable of producing good crops of cereals and potatoes. The area is well known for its bulb and flower production. All fields have good access from the public road or tracks.

The land is currently farmed on a contract farming basis or let on seasonal agreements.
The woodlands, extending to about 144 acres in total, have been actively managed with sport, amenity and commercial return in mind. The woodland is divided between the Greenbottom Wood at the south of the farm which is predominately a commercial plantation and those that are interspersed amongst the agricultural land and provide shelter and amenity.

EXCLUDED PROPERTY
There are a number of residential properties that lie within the Inchgray Farm boundaries that are
owned by the seller. In order to offer the greatest degree of flexibility the residential properties have
been excluded from the farm sale but are available in addition to a purchaser of Inchgray. Further
details are available from the sellers agent.

LOT 1 - INCHGRAY FARM
FARM BUILDINGS Situated towards the centre of Lot 1 are a range of farm buildings which service the land. There is a traditional stone built steading, which with the necessary planning permissions could convert into an attractive residential property. There are two useful general purpose sheds (18.4m x 14.1m and 18.4m x 14.8m ).

THE LAND
Lot 1 extends to 153.41 acres in total and comprises, 108.26 acres arable, 5.71 acres permanent pasture, 2.88 acres rough grazing and 32.68 acres woodland. The land is generally flat and is directly accessed from the public road.
The woodland is divided between two compartments, the Greenbottom Wood (Pt) and the Landends Plantation. Greenbottom is a mixture of mixed broadleaves, Sitka Spruce and Norway Spruce all planted between 1980 and 1985. The Landends plantation is predominately mixed broadleaves and conifers with Birch, Larch, Scots Pine and Sitka Spruce interspersed throughout, all planted in 1975


LOT 2 - LAND AT MIDDLETON
The land at Middleton extends to 222.39 acres in total and comprises, 166.54 acres arable, 19.64 acres permanent pasture, 8.51 acres rough grazing and 21.67 acres woodland. The land can be accessed by the public roads abounding the north and west boundaries or by the private road to the south giving good access to all enclosures. The majority of the land is suited to arable and vegetable production with the exception of fields 19 & 20 which provide good grass.

LOT 3 - LAND AT GREENBOTTOM
Situated to the south of the farm, Lot 3 extends to 147.26 acres in total and comprises 60.71 acres arable and 82.75 acres woodland. The agricultural land is divided into two enclosures which are accessed via the private road from the B9120 to the west. The woodland is a mixture of mixed conifers and broadleaves with stands of Sitka Spruce, Birch and Scots Pine. In recent years it has been managed with sport in mind with the creation of a duck pond and a number of breaks/rides which provide exciting roe deer stalking.

LOT 4 - LAND AT BOGMILL
Lot 4 extends to 98.84 acres in total and comprises 74.04 acres arable, 15.48 acres rough grazing and 5.98 acres woodland. The arable land is divided into three enclosures with access taken directly from the public road. Situated to the centre of Lot 4 lies an area of rough ground and woodland. There is also a pond used for flighting wildfowl.

LOT 5 - FIELD AT FETTERCAIRN
Lot 5 extends to 15.04 acres in total and comprises 13.55 acres arable and 1.18 acres woodland. The field is accessed directly from the B966.

GENERAL REMARKS & INFORMATION
Viewing Strictly by appointment with Savills. Given the potential hazards of a working farm, we request you take care when viewing the property.

Entry and possession The current contract farming agreement comes to an end on 28th November 2016.

Ingoing Valuation The purchaser(s) of Inchgray, in addition to the purchase price, will be obliged to take over and pay for at a valuation to be agreed between two valuers, one acting for each party, or an arbiter appointed by the valuers, or failing agreement as to the appointment by the President, for the time being, of the Royal Institution of Chartered Surveyors (Scottish Branch), the following:

1. All cultivations carried out in preparation for the current crop valued on a labour and machinery basis.
2. All growing crops, on a seeds, labour, lime, fertiliser, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops.
3. All hay, straw, fodder, roots, silage and farmyard manure and other produce at market value.
4. All oils, fuel, fertilisers, sprays, chemicals, seeds and sundry 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 Savills 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 5% over Bank of Scotland borrowing rate.

Basic Payment Scheme
The BPS entitlements are available in addition at valuation. A summary is available from the sellers agents.

Local Authority Aberdeenshire Council (Tel: 08456 08 12 07). Area Office - Viewmount, Arduthie Road, Stonehaven AB39 2DQ

Environmental Designations
The farm falls within the Strathmore and Fife Nitrate Vulnerable Zone.

Sporting Rights
The sporting rights are included in the sale. Purchasers should be aware that the sporting rights are let until the end of the forthcoming season (2017).

Forestry Grant Schemes and Timber
All standing and fallen timber is included in the sale. There are no existing woodland grant schemes in place.

Mineral Rights
The minerals are included within the sale insofar as they are not reserved by statute or common law to third parties.

Servitude rights, burdens, wayleaves and statutory public and other access
The property is sold subject to and with the benefit of all existing servitude and wayleave rights, including rights of access and rights of way, whether public or private. The purchaser(s) will be held to have satisfied themselves as to the nature of all such servitude rights and others following their solicitors' examination of the title deeds. The property is sold subject to the rights of public access under the Land Reform (Scotland) Act 2003.

Where appropriate, all rights of access, together with any rights to services, will be reserved to third parties. If sold in lots, appropriate rights of access and rights to services will be granted and reserved as necessary

The is a gas pipeline running through Lots 1 and 2.

Offers
Offers in Scottish Legal Form are to be submitted to the selling agents, Savills, Wemyss House, 8 Wemyss Place, Edinburgh, EH3 6DH. A closing date for offers may be fixed, and prospective purchasers are advised to register their interest with the selling agents following inspection.

Solicitors Turcan Connell, Princes Exchange, 1 Earl Grey Street, Edinburgh, EH3 9EE Tel: 0131 228 8111


Acreage: 636 Acres


More information from this agent

Listing History

Added on Rightmove:
28 August 2016

Map & Street View

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