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EASTERTON FARM BY GLENEAGLES, AUCHTERARDER, PERTHSHIRE

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EASTERTON FARMBY GLENEAGLES, AUCHTERARDER, PERTHSHIRE

CKD Galbraith National Farm Sales CentreSuite CStirling Agricultural CentreStirling FK9 4RN01786 [email protected]

Gleneagles 2 miles Auchterarder 4.5 miles Edinburgh 45 miles

A productive mixed farm and equestrian unit within a desirable area of rural Perthshire

• Modern 4-bedroom farmhouse

• Attractive 3-bedroom cottage

• Useful range of modern and traditional farm buildings

• Purpose-built equestrian indoor & outdoor riding arenas

• Well-equipped livery yard with accommodation for up to 24 horses

• Productive silage/haylage and grazing ground

• Useful income stream from let falconry buildings

• Potential for B&B or holiday letting. (Properties previously registered with Visit Scotland.)

• Accessible but peaceful location

About 103.99 Ha (256.96 Acres)

For Sale as a Whole

EASTERTON FARM

BY GLENEAGLES

AUCHTERARDER, PERTHSHIRE

GENERALEasterton Farm is an attractive mixed livestock and equestrian unit situated within rural Perthshire to the west of the settlement of Gleneagles. The farm sits in a picturesque rural location and is conveniently placed with excellent access to the A9 and M9 motorway providing easy links to central and northern Scotland. The modern farmhouse sits to the south of the steading overlooking the farmland to the west.

Blackford, a thriving village located 2 ½ miles to the south has a primary school, village shop, hotel and church. Nearby Auchterarder provides a wider range of amenities including shops, banks, public houses, hotels, primary and secondary schools. The farm is situated within 2 miles of Gleneagles Hotel, famous for its three championship golf courses which recently held the 2014 Ryder Cup. There are several large sporting and musical events held throughout the year within this area of Perthshire including the Blair Atholl Horse Trials within an hour’s drive of the property.

There are a number of independent schools within a convenient distance of the property including both Morrison’s Academy and Ardvreck in Crieff, Strathallan in Fordgendenny, Kilgraston by Bridge of Earn, Craigclowan in Perth and Glenalmond College beyond Methven.

The farm is situated in an accessible location close to the A9 providing quick access to the larger populations of Stirling and Perth and the farm is within an hour’s drive of both Glasgow and Edinburgh. Nearby is Gleneagles Railway station, which sits on the main London to Inverness line. Glasgow and Edinburgh Airports provide a wide range of domestic and international flights.

The renowned United Auctions livestock market at Stirling is located approximately 15 miles to the south providing a first class outlet for the livestock reared on the farm. The area is well catered for by a number of agricultural and equestrian suppliers and merchants.

DESCRIPTIONEasterton Farm is an excellent mixed farm, comprising a well-known equestrian unit, with a combination of good quality silage/haylage and grazing ground and several areas of woodland along the northern boundary. The farm is centred on a modern farmhouse which was built in 1997 with a further cottage and a range of modern farm and equestrian buildings which are ideally suited to livery and competition riders. The modern Coverall Building provides an excellent arena for schooling, lessons, clinics and competitions. The additional small indoor arena is ideal for warm up, lunging and backing young stock. Stabling is all based on the American barn system being fully under cover. Stables could be dismantled and moved with relative ease.

The farm extends in total to approximately 103.99 Ha (256.96 Acres) with approximately 71.95 Ha (177.72 Acres) down to pasture, with the remaining land split between 24 acres of rough grazing, 49 acres of woodland with the balance being made up by roads, yards and buildings. There is an excellent range of modern and traditional buildings fully equipped for equestrian use and a modern machinery and hay shed. There is a further steel clad building with a corrugated roof currently leased out as a Falconry Centre.

EASTERTON FARMHOUSEAn attractive modern farmhouse, situated to the south east of the holding, of timber frame construction with a block cavity wall under a tile roof. The house provides spacious accommodation over four levels and benefits from an attractive outlook over the surrounding farmland to the west. Details of accommodation and room dimensions are provided in the floor plans.

Adjoining the house there is a large double garage of block construction under a slate roof with a further carport linking the house to the garage.

There is an attractive garden area surrounding the property which is mostly laid to lawn. A separate private drive leads to a gravel sweep to the front of the house which provides ample parking for a number of cars.

EASTERTON COTTAGEEasterton Cottage is situated to the north west of the steading range and is of traditional stone construction under a slate roof. The cottage has been renovated in recent years and now provides comfortable accommodation over two levels. Details of accommodation and room dimensions are provided within the floor plans.

There is a private and enclosed garden area to the south of the property which is mostly down to lawn. There is a useful timber log store adjacent to the cottage with ample space for car parking. The property is accessed via private road which leads past the farm steading.

FARM BUILDINGSThe farm steading range is located to the north of the farmhouse with buildings situated in a group. The buildings provide stabling accommodation for up to 24 horses at full capacity as well as riding facilities, machinery and feed storage. The buildings are accessed via a separate private farm road which leads from the public road to the east of the farmhouse.

Indoor Stable Yard (31.92m x 20.60m) Of steel portal frame construction under a corrugated roof with block walls and Yorkshire board side cladding. The building is split between the indoor riding arena (20 x 18 m) with a silica sand and rubber surface and stable yard. There are ten stables with an adjoining tack room with additional storage on a mezzanine level above.

Hay Shed/Workshop (15.35m x 30.90m)Of steel portal frame construction under a box profile roof and side cladding with a concrete and hard standing floor. The building is currently split into two sections and used as a workshop and for feed and farm machinery storage.

Small Store (4.40m x 3.80m)Adjoining the Hay Shed/Workshop, of timber frame construction under a box profile roof with block walls and an earth floor.

Meter Shed (2.78m x 4.80m)Adjoining the Hay Shed/Workshop, of timber frame construction under a box profile roof with block walls and a concrete floor.

Atcost Shed (27.30m x 18.80m) Pair of adjoining concrete frame sheds under a corrugated roof with traditional stone and block walls and a concrete floor. There is a raised feed passage splitting the building with five single loose penned areas and another five Saltire stables. There is also a double loose pen and two tack rooms.

Stable Block Lean-to Shed (6.55m x 13.70m)Of timber frame construction, adjoining the Atcost Shed, under a tin roof and side cladding with a concrete floor. The building contains two Saltire stables with additional space for a further two stables or tack rooms/stores.

Coverall Building (43.00m x 20.40m)A purpose built steel framed indoor riding arena with a Dura Weave fabric covering with a grit sand and rubber riding surface. There is timber kickboard surrounding the internal walls, with water and electric points positioned throughout. The Coverall is used for lessons, clinics, courses, competitions and has been available for hire by other Clubs and Individuals.

Outdoor Arena (25m x 60m)Located to the south of the modern farmhouse there is a purpose-built arena surrounded by a timber post and rail fence and sand and rubber riding surface.

YardSurrounding the farm buildings there is a large concrete yard and area of hard standing well suited for lorry and trailer parking and fodder storage.

Residential Caravan (3.05m x 8.85m)Executive 28 caravan situated between the Coverall and Indoor Stable Block. All services connected with accommodation comprising two bedrooms, shower/toilet, living and kitchen area.

Falconry Centre (9.15m x 30.45m)Located adjacent to the outdoor arena. Of steel portal frame construction under a corrugated roof. The building is currently let as a Falconry Centre under a 10 year lease agreement which is due to expire in 31st January 2019 with the option to extend the lease by a further 5 years until January 2024. The passing rent is £1,200 + VAT per calendar month. The buildings to the south and west of the main building belong to the Falconer. A copy of the lease is available from the Selling Agents.

FARMLAND The farmland lies to the north and west of the farm steading extending in total to approximately 101.47 Ha (250.63 Acres). The land all lies within a ring fence and has been classified as principally being Grade 4.1 and 3.2 by the James Hutton Institute for Land Use and Soil Research. The land is well suited to grass production but has historically grown cereals with approximately 71.95 Ha (177.72 Acres) split between good silage/haylage land and grazing ground. A further 9.69 Ha (23.93 Acres) of rougher grazing ground is located to the north of farm which is well suited for out wintering stock. There are several areas of woodland located along the northern and southern perimeters of the farm extending to approximately 19.83 Ha (48.98 Acres) in all. A large proportion of the woodland has recently been clear-felled and was restocked in 2012.

The land is generally of a southerly aspect rising from approximately 140m above sea level at its lowest point adjacent to the minor public road to the south to approximately 185m at its highest point on the northern boundary. The farmland is accessed via an excellent network of farm tracks which lead from the farm steading with further access to the west of the holding via field gates or the public road. Approximately 54 Acres of the land is currently used in conjunction with the existing equestrian operations, with the remaining land let out on a seasonal basis to three local farmers.

COUNCIL TAXEasterton Farmhouse falls into Band G. Easterton Farm Cottage falls into Band E

SERVICESElectricity: Three PhaseWater: Mains WaterDrainage: Private Septic TankHeating: Farm House - Oil Central Heating. Cottage - Oil Central Heating and Multi Fuel Stove with back boiler.

SOLICITORSLedingham Chalmers LLPSuite B1Stirling Agricultural CentreStirlingFK9 4RNTel: 01786 478100Email: [email protected]

DIRECTIONSFrom Perth travel south on the A9 for approximately 16 miles before exiting onto the A823 signed to Gleneagles/Crieff. Travel along this road into Gleneagles passing the Gleneagles Hotel on the left. At the next mini roundabout turn left following the sign for Braco. Travel along this minor public road for approximately 2 miles and Easterton Farm is signposted on the right hand side.

POSTCODEPH4 1RQ

ENTRYEntry to Easterton Farm will be by mutual agreement. Curtains within the residential properties will be available by separate negotiation

FARMHOUSE OCCUPATION RESTRICTIONThere is a planning condition in place with respect to the farmhouse, restricting the occupation of the property to an individual solely or last employed locally at Easterton Farm. Further details are available from the Selling Agents.

LESS FAVOURED AREA SUPPORT SCHEMEThe land at Easterton Farm is eligible for Less Favoured Area Support and any payments by SGRPID relating to the current farming year will be retained by the Seller.

BASIC PAYMENT SCHEME (BPS) 2015If required, the Seller will enter discussions with the Purchaser to transfer the right to receive Basic Payment Scheme (BPS) Entitlements or, if applicable, ensure a 2015 Single Application Form is submitted to enable Basic Payment Scheme Entitlements to be established.

Further details are available from the Selling Agents. Any payments relating to the 2015 scheme year will, if appropriate, 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) 2015 for the rest of the scheme year.

IACSAll of the farmland is registered for IACS purposes. The farm code is 712/0002.

LOCAL AUTHORITYPerth and Kinross CouncilPullar House35 Kinnoull StreetPerthPH1 5GDTel: 01738 475000Email: [email protected]

AFRC – RPID Strathearn HouseBroxden Business ParkLamberkine DrivePerthPH1 1RX Tel: 01738 602000Fax: 01738 602001

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

ENERGY PERFORMANCE CERTIFICATEThe Energy Rating for Easterton Farmhouse is D66. The Energy Rating for Easterton Farm Cottage is F35.

TIMBERAll fallen and standing timber is included in the sale insofar as it is owned. The purchaser will be required on entry of the farm to take on and comply with any existing forestry schemes with respect to the re-stocked areas of woodland.

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

THIRD PARTY RIGHTS AND SERVITUDESThere are gas pipelines and mains water pipe which cross the subjects to the north of the farm. The subjects are sold together with and subject to all other 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.

INGOING VALUATIONThe purchaser(s) of Easterton 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, roots, silage and farmyard manure and other produce at market value.3. All oils, fuel, fertilisers, 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 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.

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

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

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

MORTGAGE FINANCECKD 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, restructuring debt, and to provide working capital for diversification, improving or erecting farm buildings. For further details and to discuss any proposals in confidence please contact Robert Taylor on 0800 389 9448. Email: [email protected]

IMPORTANT NOTES1. 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.

2. 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 services and appliances.

3. 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.

4. Closing DateA closing date may be fixed. Prospective purchasers who have notified 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.

5. OffersFormal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to CKD Galbraith LLP, Suite C1, Stirling Agricultural Centre, Stirling FK9 4RN. Tel: 01786 434600 Fax: 01786 450014 Email: [email protected]

6. Third Party Rights and ServitudesThe 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.

7. Photographs taken May 2015.

8. Particulars prepared May 2015.

Easterton FarmBy Auchterarder

PerthshirePH4 1RQ

Ordnance Survey © Crown Copyright 2015. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000

Easterton FarmPasture Woodland Other Land Total

Field No BPS Region Ha Acres Ha Acres Ha Acres Ha Acres

1 1 5.72 14.13 5.72 14.13

2 N/A 0.96 2.37 0.96 2.37

3 1 6.65 16.43 6.65 16.43

4 1 5.88 14.53 5.88 14.53

5 N/A 12.37 30.57 12.37 30.57

6 1 5.22 12.90 5.22 12.90

7 1 5.57 13.76 5.57 13.76

8 1 8.25 20.39 8.25 20.39

9 1 3.81 9.41 3.81 9.41

10 1 5.57 13.76 5.57 13.76

11 1 2.87 7.09 2.87 7.09

12 1 2.94 7.26 2.94 7.26

13 1 3.94 9.74 3.94 9.74

14 1 1.74 4.30 1.74 4.30

15 1 7.86 19.42 7.86 19.42

16 1 3.51 8.67 3.51 8.67

17 1 1.06 2.62 1.06 2.62

18 1 0.79 1.95 0.79 1.95

19 1 0.75 1.85 0.75 1.85

20 1 2.51 6.20 2.51 6.20

21 1 0.72 1.78 0.72 1.78

22 N/A 1.86 4.60 1.86 4.60

23 1 1.65 4.08 1.65 4.08

24 N/A 4.38 10.82 4.38 10.82

25 1 0.41 1.01 0.41 1.01

26 1 0.45 1.11 0.45 1.11

27 1 0.9 2.22 0.90 2.22

28 1 0.59 1.46 0.59 1.46

29 1 0.89 2.20 0.89 2.20

30 1 0.10 0.25 0.10 0.25

31 1 0.51 1.26 0.51 1.26

32 1 0.78 1.93 0.78 1.93

33 1 0.26 0.64 0.26 0.64

34 N/A 2.52 6.23 2.52 6.23

Total 81.64 201.73 19.83 49.00 2.52 6.23 103.99 256.96

7110

00

7110

00

7120

00

7120

00

287000

287000

288000

288000

289000

289000

CKD Galbraith, Suite C1, Stirling Agricultural Centre, Stirling FK9 4RN

Tel: 01786 434 600 Fax: 01786 450 014Email: [email protected]

Easterton Farm

PLAN NOT TO SCALEThis plan is produced for the convenenience of

the publisher only© Crown copyright and database rights (2015)

Ordnance Survey Licence No. 01000316735

0 100 200 300 m N