Lot 1 Laighwood Estate, By Dunkeld, Perthshire, PH8

Situation
Laighwood and Riechip Estate lies in a highly scenic rural setting, above the Lunan Lochs, some 4 miles to the north-east of Dunkeld in the county of Perthshire. The Royal Burgh of Dunkeld, lying on the banks of the River Tay, is a thriving village providing good dayto-day services including a primary school, medical centre, Co-op, delicatessen, butcher, baker, together with the historic Dunkeld Cathedral and the Dunkeld Hotel. Further there is a railway station providing daily services north and south with the A9 trunk road close to Dunkeld.

Blairgowrie lies about 7 miles to the east of Laighwood via the A923 road. It provides excellent day to day services including supermarkets, independent retailers, secondary school with sporting facilities, doctors surgery and cottage hospital, veterinary surgery and restaurants.

The ‘Fair City’ of Perth lies about 18 miles south of the estate and provides a broad range of services and facilities including national retailers, concert hall, theatre, cinema, leisure pool and both railway and bus stations. In addition, there is the Dewars Centre, home to the well-respected Perth Curling Club. Dundee, known as the City of Discovery is about 26 miles to the south east and is home to both Discovery Point with HMS Discovery the famous ship which took Scott and Shackleton on their first trip to the Antarctic and the V&A Museum which offers exhibitions through the year. In addition, Dundee has two Universities, a broad range of National Retailers, railway station and the Olympia Swimming Pool. Dundee airport accommodates private aeroplanes together with summer season flights to Orkney and Shetland.

Perthshire offers a wealth of outdoor activities and recreational pursuits including hill walking, fishing, golf, mountain biking, winter sports and sailing. The ski slopes of Glenshee can be reached to the north in under an hour with river water sports available near Aberfeldy. Its central position also gives excellent access to the rest of Scotland; the rugged West Coast, the Highlands to the north, Aberdeenshire to the north east and the rolling Borders to the south. Both Edinburgh and Glasgow, with their extensive city amenities and services, can both be reached in about an hour and half by car to the south east and south west respectively. Both include international airports and railway stations giving regular daily domestic and international services.

Description
Laighwood and Riechip Estate is a desirable Scottish Estate, enjoying a Highland Perthshire setting and extending in total to about 5,453.82 acres (2,207.13 hectares). Principally run as an in hand mixed farming unit comprising arable, permanent pasture, rough grazings, hill and woodland, it is centred on Laighwood House, a traditional stone built farmhouse with the extensive range of traditional and modern farm buildings adjacent. In addition, there are a further 12 houses let under a mix of occupancies including a holiday house, service occupancy and longer term lets.

Laighwood and Riechip Estate offers a diverse mix of land from the highly productive low ground with delightful deciduous woodlands, rising through the grazing ground and upwards to the dramatic Benachally Hill and the historic Benachally Monument, a minature dry stone square tower dating back to around 1830 sitting at high point of some 487m a.s.l. There is a tarmac road running through the estate up to the hill giving very good access. Stalking of red, roe and fallow deer is available on the estate, with wild brown trout fishing enjoyed at Benachally Loch, whilst the wider estate offers great potential to a develop a low ground shoot.

The estate topography and composition of land offers superb mixed habitat for a wealth of wildlife including black grouse, red grouse, red deer, fallow deer and roe deer, red squirrels and many bird species with ospreys having been sighted as well as long eared owls, barn owls, tawny owls, red kites, curlews, snipe, oyster catchers, French partridge, woodcock and lapwings.

Laighwood and Riechip is a magnificent estate offering a diverse range of land uses and which in turn provide great productivity, seclusion and amenity. Nestled estled discreetly at the heart of Perthshire, one of the country’s most sought after locations, it offers the enviable combination of tranquility with connectivity across the central belt and Highlands.

Lot 1 – Laighwood Estate - About 958.90 acres (388.06 Ha)

Laighwood lies to the southern side of the subjects and extends to about 991.02 acres in total. Principally comprising the low ground of the whole estate the land rises to rough grazings with the Lunan Burn running through part of the southern side of the estate. It includes the Duchart Wood, a mature deciduous woodland with a carpet of wild garlic in the late spring. Laighwood has the principal farm steading with Laighwood House at its core with the benefit of a farm cottage in addition.

Laighwood House
Laighwood House is a traditional stone-built farmhouse lying under a slated roof and dating back to 1856. Enjoying a southerly aspect Laighwood House sits within its own gardens, with fine specimen rhododendrons giving wonderful colour in the early summer, mature trees including a walnut tree and gravelled parking areas to both the front and the rear. Lying to the east is a tennis court (in need of refurbishment) with the walled garden beyond, reached through a wrought iron gate and enclosed on three sides. It is laid out with gravelled paths, productive beds, espalier fruit trees, greenhouse and potting shed.

Laighwood House is practicallly positioned for the farming enterprise sitting to the east of the farm steading and adjacent to the productive low ground fields.

The accommodation lies over two floors comprising:

Ground Floor: Vestibule, Hall, Drawing Room, Dining Room, Kitchen, Rear Lobby, Sitting Room, Back Hall, Study, Farm Office
First Floor: 5 Bedrooms (1 en-suite), Family Bathroom

The Bungalow
The Bungalow sits to the west of the farm steadings and is a white harled cottage under a slated roof. It enjoys a southerly aspect and sits within its own garden. The bungalow is occupied under a service occupancy.

The accommodation, over one floor, comprises: Hall, Sitting Room, Kitchen, 3 Bedrooms, Bathroom

Laighwood Farm Steading
There is an extensive range of modern and traditional farm buildings at Laighwood. Sitting just above the A923 road, the steading range enjoys a convenient position within the farm being adjacent to the low ground fields and the principal house. In addition, to the buildings themselves there is also a silage pit. The buildings have been developed andexpanded over time principally for the running of the livestock farming unit of both sheep and cattle.

The Land
The land at Laighwood extends in total to about 944.69 acres (382.31 ha) and comprises principally low ground arable and temporary grassland leading up to permanent grass and beyond to the rough grazings. In addition, there are a number of blocks of deciduous woodland with the Lunan Burn on the southern edge. The land lies between 90 metres up to 298 metres above sea level and is classified by the James Hutton Institute as ranging from Grade 3:1 and 3:2 for the land to the south of the road and Grades 4:1, 5:1, 5:2 and 5:3 for the land to the north of the road. The fields are predominately fenced with practical gated accesses both via internal field to field gates and directly off the public roads. The fields are used for the grazing of livestock, both sheep and cattle, with water troughs supplied by a private water supply.

Telephone Mast
There are two telecommunications masts on the property both located in the upper half of Lot 1. There is a 100m2 site leased to EE Limited for telecommunication mast on a 20 year lease from 24 February 2017 at an initial rent of £3,500/annum. The rent is to be reviewed on a 3 yearly cycle to the higher of the rent payable immediately prior to the review date or to the Open Market Rent. The rent hasn’t been reviewed since the commencement of the Lease.There is a 100m2 site leased to Cornerstone telecommunications Infrastructure Limited for telecommunication mast on a 10 year lease from 30th September 2026 at an initial rent of £2,100/annum. The rent is to be reviewed on a 5 yearly cycle by the increase in the Consumer Prices Index and the Grantor has the ability to review the rent on a 10 yearly cycle to the Market Rent (upwards or downwards) but will lose the ability to review the rent to the CPI on that review date if they elect to trigger a 10 yearly Market Rent review. Further details on the provisions of the existing leases are available from the Selling Agents

Forestry & Woodland
The estate benefits from a number of woodland areas. There are six principal woodland blocks sitting across Lot 1 with a number of smaller sized blocks sitting in Lot 2. The woodlands comprise mainly mature mixed deciduous trees with some coniferous trees.