Gresham House Asset Management Limited

Glebe Barn, Great Barrington

Burford, OX18 4US

T: 01451 844655

E: tenders@greshamhouse.com

www.greshamhouse.com

Gresham House Asset Management Limited is authorised and regulated by the Financial Conduct

Authority. Direct investments into forestry or renewable energy assets are not regulated by the Financial

Conduct Authority.

Registered Office: 5 New Street Square, London, EC4A 3TW. Registered in England No. 1418579

INVITATION TO TENDER FOR STANDING TIMBER

Craignane Forest - Carsphairn complex

REFERENCE: Craignane 2020-1

Description:

Approximately 13 hectares of P1972 Sitka spruce with elements of Lodgepole pine on a site suitable for mechanised harvesting.

Timing: Tenders should be received by 12 noon on 27 May 2020, by email to

tenders@greshamhouse.com Offers:

The contract will be based on a single price per tonne. Please state your planned start and completion date for the harvesting.

Location: Craignane Forest, Carsphairn Complex

OS 1:50,000 Sheet No: 77 Ref: NS 574038-forest entrance point. Forest Access road off A713 at Grid ref NS514013 The sale area is the shaded area on the attached plan.

Summary Estimate of Timber

Compartments Species Net Area (ha)

Tonnes/ha

Average Tree Size

WA Crop Age

WA YC Estimated Tonnage

9 (part) SS(LP) 6.72 320 0.25 48 10 2,150

10 SS (LP) 6.20 320 0.25 48 10 1,984

Total(s) 12.92 4,134

Certification: Timber is 100% FSC Certified under reference number: SGS-FM/COC-000260(300)

All sale documentation must carry the sale reference of: SGS-FM/COC-000260(300)

Volumes: The tonnage has been estimated by the woodland manager. Access, Extraction and Stacking:

Stacking areas must be agreed with the woodland manager.

Hazards: Hazards are detailed on the attached plan. Forest Plan Ref: 16FGS09474 Licence no 1

Felling: All conifers in the sale area should be felled unless instructed by the woodland

manager. All material above 5cm diameter is to be removed from the site by the purchaser.

Brash: Brash is to be kept clear of all watercourses during the felling operations. Purchasers

should state their proposals for leaving the site clear and ready for replanting following discussion with the woodland manager and brash should be cut into lengths of less than 2 metres.

Payment: Payment terms are to be on a monthly basis with the purchaser producing self billing

invoices based on weight tickets or as otherwise agreed between the parties. A down payment may be payable before entry and offset against the penultimate payment or as otherwise agreed between the parties.

Contract: An Agreement will be required to be signed by both parties. A copy is available on

request. Although the vendor intends to sell the timber, the vendor will not be bound to accept the highest or any other offer.

Viewing: The timber may be viewed at any reasonable time during daylight hours, as long as a

copy of this document is carried. Please contact the woodland manager to arrange a viewing.

Woodland Manager: Colin Kennedy

Scottish Woodlands Ltd 4 Newmarket Street Castle Douglas Mob: 07889 475191 Email: colin.kennedy@scottishwoodlands.co.uk

GH Contact: Josh Phillips

Tel: 01451 843 092 Mob: 07849 085 195 Email: j.phillips@greshamhouse.com Adam McLean Tel: 01738 631 949 Mob: 07423 712 793 Email: a.mclean@greshamhouse.com

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Craignane

Harvesting ConstraintsCpt 9 & 10

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Created On: February 2020

1:10,000Scale Correct at A3

Woodland Manager: Colin KennedyMobile: 07889475191Office: 01556 502754NHS Direct: 111Nearest Accident & Emergency,Ayr Univeristy Hospital,Dalmellington Road,Ayr, KA6 6DXSEPA: 01387 720502

National Grid PowerlineInterconnector to Windfarm

Machinery with band tracksnot to use forest roads

Through-road

#Extraction Route

Powerline Crossing PointWith Goalposts

Powerline Crossing PointWith Signs#Warning Sign#

Refuelling/Maintenance

Site Information

Stacking Area

Turning Area

Bridge

Crossing Point

Culvert

DeadwoodMachine Delivery Point

RampMaterials Delivery Point!

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Red Zone Amber Zone éééééééé Unusual Terrain

Drain-Clean

Drain-New

Fence-New Fence-Repair

Road-Repair

Road-New

Fence-RemovalD D D

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All waste to be removed from site, e.g. oil drums, grease cartridges, food waste/wrappers.Fuel storage must be in bunded tanks away from drains and watercourses.Follow Forest & Water Guidelines 5th edition through all operations.

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Water of Deugh

Fingland Burn

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Estate BoundaryCompartmentsFelling Area 12.92haForest Road

D D Overhead PowerlineWatercourse

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Forest Access: NS574037

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Craignane12.92ha

Harvesting Map Cpt 9 &10

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Created On: April 2020

1:5,000Scale Correct at A3

#Extraction Route

Powerline Crossing PointWith Goalposts

Powerline Crossing PointWith Signs#Warning Sign#

Refuelling/Maintenance

Site Information

Stacking Area

Turning Area

Bridge

Crossing Point

Culvert

DeadwoodMachine Delivery Point

RampMaterials Delivery Point!

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Red Zone Amber Zone éééééééé Unusual Terrain

Drain-Clean

Drain-New

Fence-New Fence-Repair

Road-Repair

Road-New

Fence-RemovalD D D

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Estate BoundaryFelling area

D D Overhead PowerlineWatercourseForest Road

Craignane 335.86 ha

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Craignane Forest

Location Map

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Created On: 1st May 2018

1:40,000Scale Correct at A3

Access Point:NGR: NS514013

LegendEstate BoundaryForest Road