COCKLAW & HYNDSHAWLAND CHRISTMAS TREE FARMElsrickle, South Lanarkshire, Scotland

John Clegg & CoCHARTERED SURVEYORS & FORESTRY AGENTS

COCKLAW & HYNDSHAWLAND CHRISTMAS TREE FARM

Elsrickle 0.5 miles Biggar 4 miles Lanark 12.5 miles Glasgow 37 miles(Distances are approximate)

As a Whole Offers Over £855,000

SOLE SELLING AGENTSJohn Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS

Tel: 0131 229 8800 Fax: 0131 229 4827Ref: Patrick Porteous

As a Whole Offers Over £855,000

An opportunity to acquire productive farmland providing an attractive yield, rental income from a leaseback on Christmas tree production and potential growth in the capital value of the land. Permanent pasture for grazing. Excellent access to South and Central Scotland. Sporting rights included.

LAND FOR SALE AS A WHOLE OR IN FOUR LOTS WITH A LEASEBACK

COCKLAW & HYNDSHAWLAND CHRISTMAS TREE FARM141.79 Hectares / 350.36 Acres

LOT 192.65 HA/228.94 AC

OFFERS OVER £550,000

LOT 28.58 HA / 21.20 AC

OFFERS OVER £35,000

LOT 333.42 HA / 82.58 AC

OFFERS OVER £220,000

LOT 47.14 HA / 17.64 AC

OFFERS OVER £50,000

Lots 3 & 4 Lot 2

Lot 1

LOCATIONCocklaw & Hyndshawland Christmas Tree Farm is located in South Lanarkshire, 4 miles north of the thriving market town of Biggar. The region is well known for its good quality soils, growing conditions and suitability for both agriculture and Christmas tree production. The surrounding area has a striking rural landscape and there are outstanding panoramic views from the top of Hyndshawland Hill. The farms are also extremely well located for local amenities and suppliers; and, have good access to the M74 Motorway to the north and south.

The properties are shown on the location and sale plans within these sale particulars and can be found on OS Sheet 1:50,000 Number 72, Grid Reference NT 042 428.

ACCESSFollowing the A721 east from Carnwath, the property can be found just 0.5 miles west of the village of Elsrickle. Lots 2, 3 and 4 are located either side of the A721 with various access points, as shown on the sale plan. The postcode is ML12 6RD.

To reach Lot 1, turn off the A721 at the junction signposted Biggar. Follow this public road for approximately 200 metres and then turn right on to the minor public road towards Cocklaw. Continue past the entrance signposted Hyndshawland Farm to reach the entrance for Lot 1, shown at point A1 on the sale plan.

The road leads to a yard used for storage and the despatch of Christmas trees. From here, there is an excellent network of stone access tracks linking with various field rides, providing access to all parts of the property. A secondary access is located at point A2 and along the southern boundary.

Access can be taken off the A721 into Lot 2 at point A3, shown the attached sale plan.

Lot 3 is accessible off the A721 at point A4, linking with a stone access track through to point A6 and the minor public road, where there is also a yard for storage. There is a servitude right of access over part of this access leading to Harperhall, shown A4 –A5. Maintenance is according to user.

Lot 4 is located next to Elsrickle and access is taken into this field at point A7.

DESCRIPTION Originally, this part of Cocklaw & Hyndshawland Farm was managed as a mixed arable/livestock unit. They were then converted to the production of Christmas trees, providing a greater return from the land, which is classified by the James Hutton Institute as Grade 4.1 and 4.2; suitable for crops ranging from forage to grassland and now Christmas tree production.

Lot 192.65 Ha/228.94 AcresOffers Over £550,000Formerly part of Cocklaw Farm, the land is generally sloping and free draining with a variety of different age classes of Christmas trees growing on what were the original field units. The original shelterbelts are still present and the current owners have established and manage evergreen hedges to create further shelter. These would also benefit other crops or livestock in future.

A stone quarry can be found near the top of Cocklaw Hill, along with an open area of grassland where the remains of an historical fort are located. Impressive, panoramic views across Lanarkshire can be seen from this viewpoint.

Lot 28.58 Ha/21.20 AcresOffers Over £35,000This independent field unit, next to the A721, is under permanent pasture and has been grazed on an annual Grazing Licence for the past few years. It contains the source of the Dean Burn, which flows north through part of the property, providing a good source of natural water for livestock. As such, the land could also be suitable for equestrian use.

Lot 333.42 Ha/82.58 AcOffers Over £220,000 This land is planted mainly with Christmas trees and evergreen hedges for shelter which help to separate the field units. In the past, the land was used for growing forage crops and for grazing livestock, which could be considered again in the future. There is access to water on site and two small stone quarries provide material for track repairs. A ruined cottage sits in a raised position to the west of the property and has superb views. This could be developed, subject to planning consent.

Lot 47.14 Ha/17.64 AcOffers Over £50,000This field unit lies just to the west of Elsrickle village and has considerable potential for future development. A young Christmas tree crop is growing on the fertile soil, which would also be suitable for arable crops. Harvesting of the current crop is anticipated around 2023

LEASEBACK The sellers would like to enter into a leaseback with the purchaser(s) to continue growing, managing and harvesting Christmas trees within lots 1, 3 and 4.

21/06/2016 15:05 LOCATION Cocklaw & Hyndshawland Christmas Tree Farm is located in South Lanarkshire, 4 miles north of the thriving market town of Biggar. The region is well known for its good quality soils, growing conditions and suitability for both agriculture and Christmas tree production. The surrounding area has a striking rural landscape and there are outstanding panoramic views from the top of Hyndshawland Hill. The farms are also extremely well located for local amenities and suppliers; and, have good access to the M74 Motorway to the north and south. The properties are shown on the location and sale plans within these sale particulars and can be found on OS Sheet 1:50,000 Number 72, Grid Reference NT 042 428. ACCESS Following the A721 east from Carnwath, the property can be found just 0.5 miles west of the village of Elsrickle. Lots 2, 3 and 4 are located either side of the A721 with various access points, as shown on the sale plan. The postcode is ML12 6RD. To reach Lot 1, turn off the A721 at the junction signposted Biggar. Follow this public road for approximately 200 metres and then turn right on to the minor public road towards Cocklaw. Continue past the entrance signposted Hyndshawland Farm to reach the entrance for Lot 1, shown at point A1 on the sale plan. The road leads to a yard used for storage and the despatch of Christmas trees. From here, there is an excellent network of stone access tracks linking with various field rides, providing access to all parts of the property. A secondary access is located at point A2 and along the southern boundary. Access can be taken off the A721 into Lot 2 at point A3, shown the attached sale plan. Lot 3 is accessible off the A721 at point A4, linking with a stone access track through to point A6 and the minor public road, where there is also a yard for storage. There is a servitude right of access over part of this access leading to Harperhall, shown A4 –A5. Maintenance is according to user. Lot 4 is located next to Elsrickle and access is taken into this field at point A7.

DESCRIPTION Originally, this part of Cocklaw & Hyndshawland Farm was managed as a mixed arable/livestock unit. They were then converted to the production of Christmas trees, providing a greater return from the land, which is classified by the James Hutton Institute as Grade 4.1 and 4.2; suitable for crops ranging from forage to grassland and now Christmas tree production. Lot 1 92.65 Ha/228.94 Acres Offers Over £550,000 Formerly part of Cocklaw Farm, the land is generally sloping and free draining with a variety of different age classes of Christmas trees growing on what were the original field units. The original shelterbelts are still present and the current owners have established and manage evergreen hedges to create further shelter. These would also benefit other crops or livestock in future.

A stone quarry can be found near the top of Cocklaw Hill, along with an open area of grassland where the remains of an historical fort are located. Impressive, panoramic views across Lanarkshire can be seen from this viewpoint.

Lot 2 8.58 Ha/21.20 Acres Offers Over £35,000 This independent field unit, next to the A721, is under permanent pasture and has been grazed on an annual Grazing Licence for the past few years. It contains the source of the Dean Burn, which flows north through part of the property, providing a good source of natural water for livestock. As such, the land could also be suitable for equestrian use. Lot 3 33.42 Ha/82.58 Ac Offers Over £220,000 This land is planted mainly with Christmas trees and evergreen hedges for shelter which help to separate the field units. In the past, the land was used for growing forage crops and for grazing livestock, which could be considered again in the future. There is access to water on site and two small stone quarries provide material for track repairs. A ruined cottage sits in a raised position to the west of the property and has superb views. This could be developed, subject to planning consent.

Lot 4 7.14 Ha/17.64 Ac Offers Over £50,000 This field unit lies just to the west of Elsrickle village and has considerable potential for future development. A young Christmas tree crop is growing on the fertile soil, which would also be suitable for arable crops. Harvesting of the current crop is anticipated around 2023 LEASEBACK The sellers would like to enter into a leaseback with the purchaser(s) to continue growing, managing and harvesting Christmas trees within lots 1, 3 and 4.

Land Use 1970 1975 1994 1999 2000 2006 - 16 Area (Ha)Christmas Trees 80.98 80.98Mixed Woodland 0.99 1.13 2.07 0.15 4.34Roads/Tracks 1.01 1.01Unplanted 6.32 6.32Total 0.99 1.13 2.07 0.15 0.00 88.31 92.65

Planting Year

Land Use 2000 2009 2011 2012 Area (Ha)Christmas Trees 2.21 5.13 11.33 12.14 30.81Unplanted 2.61 2.61Total 4.82 5.13 11.33 12.14 33.42

Planting Year

Lots 1&2

21/06/2016 15:05 LOCATION Cocklaw & Hyndshawland Christmas Tree Farm is located in South Lanarkshire, 4 miles north of the thriving market town of Biggar. The region is well known for its good quality soils, growing conditions and suitability for both agriculture and Christmas tree production. The surrounding area has a striking rural landscape and there are outstanding panoramic views from the top of Hyndshawland Hill. The farms are also extremely well located for local amenities and suppliers; and, have good access to the M74 Motorway to the north and south. The properties are shown on the location and sale plans within these sale particulars and can be found on OS Sheet 1:50,000 Number 72, Grid Reference NT 042 428. ACCESS Following the A721 east from Carnwath, the property can be found just 0.5 miles west of the village of Elsrickle. Lots 2, 3 and 4 are located either side of the A721 with various access points, as shown on the sale plan. The postcode is ML12 6RD. To reach Lot 1, turn off the A721 at the junction signposted Biggar. Follow this public road for approximately 200 metres and then turn right on to the minor public road towards Cocklaw. Continue past the entrance signposted Hyndshawland Farm to reach the entrance for Lot 1, shown at point A1 on the sale plan. The road leads to a yard used for storage and the despatch of Christmas trees. From here, there is an excellent network of stone access tracks linking with various field rides, providing access to all parts of the property. A secondary access is located at point A2 and along the southern boundary. Access can be taken off the A721 into Lot 2 at point A3, shown the attached sale plan. Lot 3 is accessible off the A721 at point A4, linking with a stone access track through to point A6 and the minor public road, where there is also a yard for storage. There is a servitude right of access over part of this access leading to Harperhall, shown A4 –A5. Maintenance is according to user. Lot 4 is located next to Elsrickle and access is taken into this field at point A7.

DESCRIPTION Originally, this part of Cocklaw & Hyndshawland Farm was managed as a mixed arable/livestock unit. They were then converted to the production of Christmas trees, providing a greater return from the land, which is classified by the James Hutton Institute as Grade 4.1 and 4.2; suitable for crops ranging from forage to grassland and now Christmas tree production. Lot 1 92.65 Ha/228.94 Acres Offers Over £550,000 Formerly part of Cocklaw Farm, the land is generally sloping and free draining with a variety of different age classes of Christmas trees growing on what were the original field units. The original shelterbelts are still present and the current owners have established and manage evergreen hedges to create further shelter. These would also benefit other crops or livestock in future.

A stone quarry can be found near the top of Cocklaw Hill, along with an open area of grassland where the remains of an historical fort are located. Impressive, panoramic views across Lanarkshire can be seen from this viewpoint.

Lot 2 8.58 Ha/21.20 Acres Offers Over £35,000 This independent field unit, next to the A721, is under permanent pasture and has been grazed on an annual Grazing Licence for the past few years. It contains the source of the Dean Burn, which flows north through part of the property, providing a good source of natural water for livestock. As such, the land could also be suitable for equestrian use. Lot 3 33.42 Ha/82.58 Ac Offers Over £220,000 This land is planted mainly with Christmas trees and evergreen hedges for shelter which help to separate the field units. In the past, the land was used for growing forage crops and for grazing livestock, which could be considered again in the future. There is access to water on site and two small stone quarries provide material for track repairs. A ruined cottage sits in a raised position to the west of the property and has superb views. This could be developed, subject to planning consent.

Lot 4 7.14 Ha/17.64 Ac Offers Over £50,000 This field unit lies just to the west of Elsrickle village and has considerable potential for future development. A young Christmas tree crop is growing on the fertile soil, which would also be suitable for arable crops. Harvesting of the current crop is anticipated around 2023 LEASEBACK The sellers would like to enter into a leaseback with the purchaser(s) to continue growing, managing and harvesting Christmas trees within lots 1, 3 and 4.

Land Use 1970 1975 1994 1999 2000 2006 - 16 Area (Ha)Christmas Trees 80.98 80.98Mixed Woodland 0.99 1.13 2.07 0.15 4.34Roads/Tracks 1.01 1.01Unplanted 6.32 6.32Total 0.99 1.13 2.07 0.15 0.00 88.31 92.65

Planting Year

Land Use 2000 2009 2011 2012 Area (Ha)Christmas Trees 2.21 5.13 11.33 12.14 30.81Unplanted 2.61 2.61Total 4.82 5.13 11.33 12.14 33.42

Planting Year

Lots 1&2 Lots 1 & 2

In return for a lease over lots 1, 3 and 4, the sellers will pay an annual rent fixed for 5 years and then linked to the RPI for the remaining period of the lease. This equates to the following rent for the first 5 years, payable on each lot.

Lot 1 = £28,200/AnnumLot 3 = £10,800/AnnumLot 4 = £2,300/ Annum

The sellers will prepare a mutually agreeable lease for a minimum period of 15 years, possibly longer, if of interest, which the purchaser(s) will be required to enter into prior to conclusion of missives.

At the end of the lease, and if required, the land under which the Christmas tree crops have been growing will be reinstated by the tenant, mulching tree stumps and applying nutrients to a base level to support grassland.

Alternatively, the landlord could continue with a combination of both Christmas tree production and agricultural activities.

For further information, please contact the Selling Agent.

SPORTING RIGHTSThe sporting rights are included with vacant possession on each of the lots. The shelter created by the Christmas tree crops with grass rides and shelterbelts provides excellent habitat for wild game and Roe deer.

The sellers would like to have concurrent rights to continue to control deer, rabbits and hares to prevent damage to their crops during the period of the leaseback agreement, excluding Lot 2.

BOUNDARIESThe boundaries are stock fenced and in varying condition. Where the boundaries adjoin neighbouring agricultural fields, the stock fences are to be maintained at joint equal expense. If the individual lots are sold separately, the boundaries are to be maintained at joint equal expense with the neighbouring proprietors.

RENEWABLE ENERGY & DEVELOPMENT The sellers wish to retain a clawback (Standard Security) on Lot 1 for 25% of any income deriving from any renewable energy project granted planning consent within a period of 15 years from the date of entry.

The sellers also wish to retain a clawback (Standard Security) on Lot 4 for 25% of any increase in value deriving from any development granted planning consent within a period of 15 years from the date of entry.

MINERAL RIGHTSMineral rights are included except as reserved by Statute or in terms of the Land Certificate.

WAYLEAVES, SERVICES & THIRD PARTY RIGHTSAn overhead electricity wayleave passes across the western half of Lot 1 and a spring fed water supply tank is located at point W1 on the sale plan. There is also access to electricity and mains water for lots 2, 3 and 4 nearby.

The properties will be sold with the benefit of, and subject to, all existing rights and burdens with the Land Certificates.

AGRICULTURAL LAND REGISTRATIONThe land is registered for IACS purposes (Farm Code 537/0034) with no Basic Payment Scheme Entitlements (BPS).

WOODLAND The maturing mixed conifer shelterbelts in Lot 1 will require a Felling Licence, if these are to be thinned or felled in the future. There are no grant schemes in place and no transfer of obligations required. For further information on current grants available please visit the FCS and Scottish Government websites:

• http://www.forestry.gov.uk/scotland• https://www.ruralpayments.org/publicsite/futures

AUTHORITIES

VIEWINGViewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. Please contact the Selling Agents in advance of your visit to arrange a viewing. For your own personal safety please be aware of potential hazards within the properties when viewing.

OFFERSIf you wish to make an offer on this property or would like us to inform you of a closing date for offers, it is important that you notify us in writing of your interest. Offers in Scottish Legal Form are to be submitted to the Selling Agents.

SOLE SELLING AGENTSJohn Clegg & Co, 2 Rutland Square, Edinburgh EH1 2AS Tel: 0131 229 8800; Fax: 0131 229 4827.Ref: Patrick Porteous.

SELLER’S SOLICITORSAnderson Strathern LLP, 1 Rutland Court, Edinburgh EH3 8EY Tel: 0131 270 7700 Fax: 0131 270 7788.Ref: Adele Nicol.

TAXATIONAt present, all revenue from timber sales is Income and Corporation Tax free. There is no Capital Gains Tax on growing timber, although there may be a liability on the land. Under the Inheritance Tax regime, 100% Business Property Relief should be available on agricultural land and commercial woodlands. VAT is charged on agricultural and forestry work and timber sales, although its effect is neutral if managed as a business. Government grants are received tax free with the exception of farm woodland and subsidy payments.

Forestry Commission ScotlandCentral Scotland ConservancyBothwell HouseHamilton Business ParkCaird Park Hamilton ML3 0QATel: 0300 067 6006

South Lanarkshire Council Almada StreetHamiltonSouth LanarkshireML3 0AATel: 0303 123 1015

Lot 4

IMPORTANT NOTICEJohn Clegg & Co LLP, its members, employees and clients givenotice that:1. These particulars (prepared in June 2016) and all statements, areas, measurements, plans, maps, aspects, distances or references to condition form no part of any offer or contract and are only intended to give a fair overall description of the property for guidance. John Clegg & Co LLP will not be responsible to purchasers, who should rely on their own enquiries into all such matters and seek professional advice prior to purchase. 2. Neither these particulars nor any subsequent communication by John Clegg & Co LLP will be binding on its clients, whether acted upon or not, unless incorporated within a written document signed by the sellers or on their behalf, satisfying the requirements of section 3 of the Requirements of Writing (Scotland) Act 1995. 3. The sellers do not make or give, and neither John Clegg & Co LLP nor its members or employees nor any joint agent have any authority to make or give, any representation or warranty in relation to the property. 4. The property (which may be subject to rights of way, servitudes, wayleaves and others) will be sold as per the title deeds, which may differ from these particulars. Photographs may depict only parts of the property, which may not have remained the same as when photographed. 5. Where reference is made to grant schemes, planning permissions or potential uses, such information is given by John Clegg & Co LLP in good faith, but purchasers should rely on their own enquiries into those matters. 6. Prospective purchasers should be aware of the influence and effect the Wildlife and Countryside Act 1981, Nature Conservation (Scotland) Act 2004 and the Wildlife and Natural Environmental (Scotland) Act 2011 along with any statutory designations, may have on the property, including rights of public access under the Land Reform (Scotland) Act 2003. 7. The sellers will not be obliged to accept the highest, or indeed any, offer and may at any time accept an offer or withdraw the property from the market. Neither the sellers nor John Clegg & Co LLP will be responsible for any costs incurred by interested parties

John Clegg & CoEngland: 01844 291 384 Scotland: 0131 229 8800 Wales: 01600 730 735

John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH1 2AS

Lot 1