CLOSING DATE 12 NOON TUESDAY 4 DECEMBER 2018 SIGNIFICANT RURAL PORTFOLIO COMPRISING EQUIPPED FARMS, PRODUCTIVE FARMLAND, COMMERCIAL FORESTRY AND PLANTING OPPORTUNITIES
The Evertown Portfolio is a significant agricultural and forestry land holding located in the south of Scotland offering strategic investment and business opportunities. Extending to 8,959 acres (3,626 ha) in total, it can broadly be divided between 6,215 acres (2,515 ha) of farmland and 2,740 acres (1,109 ha) of forestry.
The farmland can be split into two distinct agricultural areas. The southern portion next to the national border is productive lowland ground suitable for dairy, beef and sheep farming whilst supporting some arable production. The northern portion of the Portfolio consists of extensive hill farms which are best suited to upland sheep farming. The agricultural property comprises 2,526 acres (1,022 ha) of in-hand and seasonal agreements (up to 12 months in duration remaining) and 3,688 acres (1,492 ha) of longer term arrangements under a variety of lease types but all providing vacant possession by 31 January 2023.
The forestry is predominantly high yield-class spruce crops which benefit from a diverse age profile with scope for harvesting mature timber during the next 10-15 years. This is complemented by extensive mid and young rotation crops. In addition to the existing forests, 262 acres (106 hectares) are currently consented for planting with a further 840 acres (340 hectares) currently pending application. This part of Scotland is well suited to conifer production on account of its favourable climate and its accessibility to numerous timber mills / processors within a 50 mile radius.
There are nine residential properties across the Portfolio, one of which forms part of a farm tenancy and the remaining eight are either vacant or let under Short Assured Tenancies or Service Occupancies.
The Evertown Portfolio is offered for sale as a whole or in 18 lots.