Lot 1 Goatmilk Farm, Glenrothes, Fife, KY6

CLOSING DATE SET FOR TUESDAY, 01 August 2023 AT 12 NOON.

GENERAL
Goatmilk is located in a desirable and accessible location within rural Fife close to the town of Glenrothes. The farm is situated in an elevated position and benefits from views over the surrounding countryside and towards the Firth of Forth.

The farm is located about one mile to the west of Glenrothes which offers an excellent range of local amenities with a good selection of shops, supermarkets, pubs, restaurants and leisure facilities with a wider offering available in the nearby Kirkcaldy (6 miles). The popular county market town of Cupar (15 miles) is a short distance to the north-east with the cities of Edinburgh (30 miles), Dundee (26 miles) and Perth (20 miles) all within comfortable driving distance from Goatmilk.

Goatmilk is surrounded by some glorious rolling Fife
countryside which is home to an array of wildlife and, for the outdoor enthusiast, the perfect setting for a range of recreational pursuits. There is great scope for walking, cycling, and there are many opportunities for riding with the local Pony Clubs for the younger enthusiast and various other Riding clubs. There is racing and polo at Scone outside Perth which is also the venue for the annual Scottish Game Fair. There is a number of excellent golf courses locally with the ancient and historic university town of St Andrews, renowned world-wide as the Home of Golf being some 25 miles to the north-east.

The pretty fishing villages of Fife’s quaint East Neuk such as Crail, St. Monans, Anstruther and Pittenweem are just a short drive to the south east. In terms of days out the wide-open spaces of the Lomond Hills are close at hand along with several popular National Trust for Scotland properties including Hill of Tarvit outside Cupar, Kellie Castle and Falkland Palace. Fife’s beautiful and varied coastline includes several sandy beaches such as St Andrews, Kingsbarns, Elie and Tentsmuir.
State schooling is available within Glenrothes with private schooling being provided at St Leonards in St Andrews, the High School of Dundee and several highly rated schools in the Perth and Edinburgh areas.

There are several local railway stations at Glenrothes, Cardenden, Markinch, Kirkcaldy and Ladybank, which form part of the Fife Circle Line which lead north from Edinburgh. Edinburgh International Airport (26.5 miles) is about a thirty-five minute drive to the south of the holding, with Dundee Airport (28 miles) offering a good selection of short-haul flights. Fife Airport is located directly opposite the farm and is used by light aircraft and helicopters mainly for training, survey and recreational trips.

Fife is well served by a wide variety of agricultural contractors, merchants, and suppliers, and there is a successful local machinery ring which can provide additional farming resources as required. Regular livestock sales are held at Stirling Agricultural Centre (35 miles). Traditionally this area of Fife is known for its fertile land, capable of producing high yields of an extensive range of crops and the area is well suited to intensive cropping and livestock units.

DESCRIPTION
Goatmilk presents an excellent compact mixed amenity and farming unit located in an easily accessible area of Fife. The farm benefits from a substantial two storey traditional stone and brick farmhouse which is located towards the eastern boundary of the holding. Adjacent to the farmhouse there is an adaptable range of modern and traditional farm buildings which are readily accessible via a private farm road and currently provide stabling for up to 9 horses. The farmland is all situated within a ring fence and extends to the north and west of the holding, and is predominately down to arable and well suited to growing a range of cereal crops as part of a regular grassland rotation, with the addition of potatoes. The fields adjacent to the steading are down to pasture and used in conjunction with the equestrian enterprise on the farm, with an area to the north of the farm steading, which forms a small rocky outcrop, being a haven for wildlife, boasting a range of broadleaved trees and other vegetation.

Please Note Lot 2 will not be sold prior to the sale of Lot 1.

LOT 1: FARMHOUSE, STEADING AND LAND EXTENDING TO APPROXIMATELY 5.73 HA (14.16 ACRES) IN TOTAL
Goatmilk Farmhouse
The farmhouse is situated just to the east of the holding and benefits from a south facing outlook and views towards the Firth of Forth. The farmhouse is of stone and brick construction with external harling under a tiled roof. The farmhouse is approached via the farm road which leads from the public road and provides spacious and well proportioned family accommodation which is set over two levels including 2 public rooms on the ground floor with 4 bedrooms on the upper floor.

Garden Ground
The farmhouse benefits from an attractive area of garden ground which is enclosed to the front by a stone wall, and is mostly laid to lawn. There is an area of parking for a number of cars adjacent and to the side of the house.

Farm Buildings
The farm buildings are located adjacent to the farmhouse, and take the form of the original traditional steading range part of which has been incorporated into a number of more modern buildings. Briefly the buildings comprise:

Lean-to Stores (7.90m x 3.10m and 6.18m x 3.10m)
Located to the rear of the house, and adjacent to the stable block. Of timber frame construction under box profile roofs with concrete floors.

Traditional Stable Block (36.75m x 5.56m) part of the original traditional steading, which has been completely refurbished and re-roofed during the current Seller’s ownership and is now used in conjunction with the DIY livery enterprise on the farm. Of stone and brick construction under a new box profile roof with a concrete floor the building is split into number of sections comprising: 3 stables, modern fitted tack room and a store room/studio.

Riding Arena (30.00m x 23.25m) enclosed by a stone wall and post and rail fencing, with a silica sand and carpet cuttings floor and floodlights.

Traditional Barn (12.40m x 5.30m) of stone construction under a corrugated roof with concrete floor and 4 stables pens.

Lean-to Store (5.94m x 2.80m) of stone and brick construction under a corrugated roof with concrete floor and housing electrical meters.

Former Cart Shed / Store (15.18m x 5.03m) of traditional stone construction under a tin roof, split into 2 further stables and a secure store.

Pole Barn (17.50m x 7.00m) of timber frame construction under a tin roof with an earth floor with a lean-to implement shed to the rear (20.90m x 5.83m).

General Purpose Shed (20.0m x 13.80m) of steel portal frame construction under a corrugated roof, with stone walls and a concrete floor. Including an internal timber store, and a small lean-to (8.29m x 3.28m).

Cattle Court (30.00m x 16.05m and 23.78m x 5.57m) of steel portal frame construction under a corrugated roof, with stone and brick walls.
There is also a large yard area surrounding the buildings which is used for machinery and fodder storage.

Land at Lot 1 extending to 5.73 Ha (14.16 Acres)
The land in Lot 1 extends to 5.73 Ha (14.16 Acres) and is located to the north and south of the farmhouse and steading. The land has been classified as Grade 3.2 by the James Hutton Institute and forms a contiguous block of ground which surrounds the steading and would be well suited for the grazing of livestock or for equestrian purposes. The land is generally of a southerly aspect rising from 124m on the southern boundary adjacent to the public road to 162m above sea level at its highest point to the north of the farm steading at the top of the rocky outcrop next to the small area of amenity woodland.

CLAWBACK/DEVELOPMENT
All of land within Lot 2 and Field 1 which forms part if Lot 1, is subject to an existing standard security in favour of the previous owners of Goatmilk to clawback 50% of the uplift in value, in the event of planning permission being granted for development of the subjects for any purpose other than agricultural, over any part of the land being obtained until 27th November 2026. Further details of the clawback agreement are available from the Selling Agents.

In addition to the security in favour of the previous owners, the missives of sale of Lot 1 and Lot 2 will be subject to the purchaser(s) granting a new standard security in favour of the current Sellers to clawback 30% of the uplift in value, in the event of planning permission being granted for development for any purpose other than agricultural, over any part of the remainder of the holding (out with the existing security) being obtained subsequent to the date of entry for a period of 30 years.

Please note that a planning application has recently been submitted for planning permission in principle in respect of a residential development covering an area of the land which has been retained by the Sellers to the north and east of Lot 1. Further details can be obtained from Fife Council Planning Portal quoting planning application reference No: 21/03264/PPP

BASIC PAYMENT SCHEME (BPS) 2023
Any payments relating to the 2023 scheme year will be retained by the Seller. If applicable, the purchaser(s) will be responsible upon occupation of the subjects of sale to comply fully with the Statutory Management requirements to maintain the farmland in Good Agricultural and Environmental Condition (GAEC) as laid down under the Cross Compliance rules of the Basic Payment Scheme (BPS) for the remainder of the scheme year. The Seller may enter discussions with the Purchaser to transfer the right to receive Basic Payment Scheme (BPS) Entitlements in addition to the heritable property by separate negotiation. Further details are available from the Selling Agents.

LESS FAVOURED AREA SUPPORT SCHEME (LFASS)
The farmland at Goatmilk has been designated as being within Non Less Favoured Area (Non-LFA).
IACS Goatmilk Farm is registered for IACS purposes.

NITRATE VULNERABLE ZONE (NVZ)
Land at Goatmilk falls out with a NVZ area.

INGOING VALUATION
The purchaser(s) of Goatmilk Farm 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:
1. All cultivations and 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.
2. All hay, straw, fodder, woodchip, pitted and bale silage and farmyard manure and other produce at market value.
3. All oils, fuel, fertilisers, sprays, chemicals, seeds, and sundries at cost.
There will be no ingoing valuation once the current crop has been removed.
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 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 Bank of Scotland borrowing rate.

ENTRY
The date of entry will be 28 November 2023.

SPORTING RIGHTS
Insofar as these rights form part of the property title they are included with the sale.

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

MINERALS
The mineral rights are included in the sale insofar as they are owned by the Seller.

FIXTURES AND FITTINGS
No items are included unless specifically mentioned in these particulars.

THIRD PARTY RIGHTS AND SERVITUDES
The sale of Lot 1 will be subject to the granting of a right of access in favour of the purchaser(s) of Lot 2 over the farm road marked A-B-C on the sale plan. Field 6 is currently let for potatoes for the 2023 season to a local farming business, and therefore entry to this field will follow once the potatoes have been lifted from the field.

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 respects thereof.

ANTI MONEY LAUNDERING (AML) REGULATIONS
Please note that under the 2017 AML regulations we are legally required to carry out money laundering checks against purchasers. Upon verbal acceptance of an offer, we require to identify the purchaser for Anti-Money Laundering purposes. Our service provider ‘First AML’ will contact the purchaser to gather the required identification documents. An information sheet is available from the Selling Agent on request. We are not able to enter a business relationship with a purchaser until they have been identified.
Failure to provide required identification may result in an offer not being considered.

DEPOSIT
A deposit of 10% of the purchase price shall be paid within seven days of completion of Missives. The deposit will be non-refundable in the event of the purchaser failing to complete for reasons not attributable to the Seller or their Agents.

VIEWING
Viewings are strictly by prior appointment and only through the Selling Agents.

HEALTH & SAFETY
The property is an agricultural holding and appropriate caution should be exercised at all times during inspection particularly in relation to livestock on the holding.

EPC Rating = D