land at feddinch and waterless

9
LAND AT FEDDINCH AND WATERLESS BY ST ANDREWS, FIFE

Upload: others

Post on 17-Nov-2021

8 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: LAND AT FEDDINCH AND WATERLESS

LAND AT FEDDINCH AND WATERLESSBY ST ANDREWS, FIFE

Page 2: LAND AT FEDDINCH AND WATERLESS

LAND AT FEDDINCH AND WATERLESS, BY ST ANDREWS, FIFE

A productive block of arable and pasture ground with remains of former farmhouse located close to St Andrews

St Andrews 2.5 miles ■ Dundee 16 miles ■ Edinburgh 48 miles

■ Versatile block of Grade 3.1 and 3.2 arable land

■ Site of former farmhouse and steading with development potential (subject to obtaining necessary planning consents)

■ Situated in a desirable area of North East Fife

■ Located in accessible location adjacent to an A-class road and surrounding settlements

■ Areas of amenity woodland and productive pastureland

■ Secluded yet accessible location with stunning views over the surrounding countryside

About 118.30 Ha (292.32 Acres) in total

For Sale as a Whole or in 5 Lots

Stirling01786 [email protected]

Duncan Barrie07766 250 [email protected]

Lot 4

Lot 2 & 3

Page 3: LAND AT FEDDINCH AND WATERLESS

GENERALThe Land at Feddinch and Waterless is a first class block of arable, pasture and amenity woodland situated about 2.5 miles south of the town of St Andrews in North East Fife. The local area is home to some of the most fertile farmland in the country and known for its easily worked and highly productive soils, capable of producing high yields and well suited to intensive cropping and other versatile farming operations.

The historic and cosmopolitan university town of St Andrews is recognised worldwide as the Home of Golf. The Land at Feddinch and Waterless is well placed for access to both St Andrews and Cupar (10 miles), which also has an excellent range of shops and professional services as well as a railway station on the main east coast line with regular connections south to Edinburgh or north to Dundee/Aberdeen. From Edinburgh Airport there are regular shuttle flights to London and departures to various European countries with Dundee Airport being 18 miles to the north serving London and Belfast.

The glorious countryside surrounding the Land at Feddinch and Waterless is home to an array of wildlife and, for the outdoor enthusiast, offers access to a wide range of recreational pursuits including walking, cycling, riding and golf with many highly rated courses within easy reach including Ladybank, Lundin Links, Elie and the many fine courses in and around St Andrews where the Old Course plays regular host to the British Open. Challenging shooting and fishing is also available locally.

The City of Dundee is some 16 miles to the north, with Edinburgh just over an hour to the south. Fife’s East Neuk is easily accessible from the Land at Feddinch and Waterless, with the pretty fishing villages of Fife’s quaint East Neuk, such as Anstruther, Pittenweem, Elie and Crail just a short drive to the south. There are good sandy beaches at St. Andrews, Tentsmuir and Elie.

Good state schooling is available locally and the area is well catered for in terms of private schooling with St Leonards in St Andrews, the High School of Dundee and Dollar Academy with an exceptional further selection of private schools in Perthshire.

The Land at Feddinch and Waterless benefits from excellent transport links with direct access on to the A915 St Andrews to Kirkcaldy adopted road which bounds the land to the east. The agricultural nature of the area ensures that it is well provided for by agricultural merchants, contractors and machinery dealerships, and livestock markets are located in the nearby counties of Stirling and Angus.

DESCRIPTIONThe Land at Feddinch and Waterless offers a highly productive and versatile area of arable land with several areas of amenity woodland and the ruins of a former farmhouse and steading extending to about 118.30 Ha (292.32 Acres) in total. Subject to obtaining necessary planning consent, the former farmhouse has potential for the development of a house site which would enjoy stunning views over the surrounding countryside. The land has been classified as Grade 3.1 and 3.2 by the James Hutton Institute. Of a predominantly southerly aspect, the land is gently undulating and lies between 100m and 150m above sea level. The land is divided into 13 enclosures and is currently farmed in rotation as part of a larger farming enterprise with the focus on the production of cereals. The fields are all well laid out, are of a generous size and can easily accommodate modern machinery.

Lots 2 & 3 Lot 5

Page 4: LAND AT FEDDINCH AND WATERLESS

METHOD OF SALEThe Land at Feddinch and Waterless is offered for sale as a whole or in 5 lots as follows:

LOT 1 – ARABLE LAND EXTENDING TO ABOUT 33.74 HA (83.37 ACRES)Lot 1 offers a block of prime arable land split in to three separate enclosures. The land is located to the south of the holding with access directly off the A915 or via a private track which leads to the north of subjects. The land has been classified as Grade 3.1 and 3.2 by the James Hutton Institute.

LOT 2 – ARABLE LAND EXTENDING TO ABOUT 32.04 HA (79.17 ACRES) Lot 2 is a contiguous block of predominantly arable land which lies to the north of the holding. The land is split into three separate enclosures with access directly from the A915 and from the settlement of Feddinch to the west. The land has been classified as Grade 3.1 and 3.2 by the James Hutton Institute.

LOT 3 – ARABLE GROUND EXTENDING TO ABOUT 29.25 HA (72.28 ACRES)The land in Lot 3 offers productive arable ground which is gently sloping towards the Cairnsmill Burn which flows to the north of the lot. Lying to the north of Waterless Wood, the land is split into three separate enclosures with access directly from the A915. The land has been classified as Grade 3.1 and 3.2 by the James Hutton Institute.

LOT 4 – FORMER FARMHOUSE/STEADING, PASTURE AND WOODLAND EXTENDING TO ABOUT 16.73 HA (41.34 ACRES) Lot 4 comprises the remains of Waterless Farmhouse and Steading which, subject to obtaining necessary planning consents and building warrants, presents the opportunity for the development of a house site. The site of the former farmhouse and steading occupies an attractive elevated position with stunning views over the surrounding countryside, St. Andrews, the Eden Estuary and Angus beyond. The remainder of the land use is split between an area of ploughable pasture and an area of mature amenity woodland. The former farmhouse is accessed via a private farm road which leads west from the A915. The land and woodland has been classified as Grade 3.2 by the James Hutton Institute.

LOT 5 – ARABLE GROUND AND WOODLAND EXTENDING TO ABOUT 6.54 HA (16.16 ACRES)The land in Lot 5 sits adjacent to the settlement of Feddinch. The land is a mix of arable land and amenity woodland and is accessed via a shared private road which leads past a number of third party dwellinghouses and serves Lennox Lodge, which is located on the eastern boundary. The land has been classified as Grade 3.1 by the James Hutton Institute. The land is gently sloping and rises from 130m to 145m above sea level.

CLAWBACK AGREEMENT The missives of sale will be subject to the purchaser(s) granting a standard security in favour of the Sellers to clawback 25% of the uplift in value, in the event of planning permission being granted for development for any purpose other than agricultural, over the subjects, being obtained subsequent to the date of entry for a period of 25 years.

DIRECTIONSFrom St Andrews take the A915 signposted to Kirkcaldy. The Land at Feddinch and Waterless lies to the west of the public road after passing Cairnsmill Caravan Park and the turn off for Feddinch.

POST CODEKY16 8NR

WHAT3WORDhttps://w3w.co/supplier.awoke.powers

SOLICITORSBlackadders30 & 34 Reform StreetDundeeDD1 1RJT: 01382 229222E: [email protected]

ENTRYThe date of entry will be by mutual agreement.

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

TIMBERAll fallen and standing timber is included in the sale insofar as it is owned.

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

VIEWINGBy appointment with the Selling Agents

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

Lots 1 & 3

Lots 3 & 4

Page 5: LAND AT FEDDINCH AND WATERLESS

LOCAL AUTHORITYFife CouncilFife HouseNorth StreetGlenrothesKY17 5LTT: 03451 550000E: [email protected]

SGRPIDStrathearn HouseBroxden Business ParkLamberkine DrivePerthPH1 1RXT: 01738 602000F: 01738 602001

BASIC PAYMENT SCHEME (BPS) 2021Any payments relating to the 2021 scheme year will 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) for the remainder of the scheme year.

The Seller may enter discussions with the Purchaser to transfer the right to receive Basic Payment Scheme (BPS) Entitlements in addition to the heritable property by separate negotiation. Further details are available from the selling agents.

LESS FAVOURED AREA SUPPORT SCHEME (LFASS)All of the land has been designated as being within a Non-Less Favoured Area.

IACSAll of the land is registered for IACS purposes. The Location Code for the Land at Feddinch is 417/0014. The location code for Waterless is 417/0034, however a purchaser will be required to apply for a new holding number on entry to the Land at Waterless given the current holding forms part of a larger farming holding under the same number.

NITRATE VULNERABLE ZONEThe Land at Feddinch and Waterless falls within the Strathmore and Fife Nitrate Vulnerable Zone (NVZ).

ANTI MONEY LAUNDERING (AML) REGULATIONS Please note that under the 2017 AML regulations we are legally required to carry out money laundering checks against purchasers. To enable us to complete these checks purchasers will need to provide along with their offer either: a) originals of primary (eg a passport) and

secondary (eg current council tax or utility bill) ID; or

b) copies of such primary and secondary ID certified and dated by the purchasers’ solicitors as true copies along with written confirmation from the purchasers’ solicitors that they accept that we will be relying on this copy ID for AML purposes.

Failure to provide this information may result in an offer not being considered

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.

There is a pedestrian right of way running from the public road along the track which leads through Lot 4 and part of Lot 1 to Winthank.

In the event the land is sold in lots, a deed of condition will be entered into by the purchasers governing access, maintenance, services and boundaries. In addition, the Sellers reserve the right to grant any required wayleaves and or servitudes across the subjects of sale for the benefit of adjoining land owned by them for all purposes including services that may be required to service the said adjoining land for its current and any future use.

INGOING VALUATIONThe purchaser(s) of the Land at Feddinch and Waterless, 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.

There will be no ingoing valuation once the current crop has been removed. Note: If the amount of the valuations has not been agreed on the date fixed

Lot 2, 3, & 4 Lot 4

Page 6: LAND AT FEDDINCH AND WATERLESS

for completion, then the purchaser shall pay to the Seller such a sum as the 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 5% over Bank of Scotland borrowing rate.

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 relation to any working machinery on the holding.

MORTGAGE FINANCEGalbraith 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 Alistair Christie on 07500 794201 or Email: [email protected]

IMPORTANT NOTES 1. 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 Date. A closing date may be fixed. Prospective purchasers who have notified their interest through

lawyers to 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. Offers. Formal offers in the acceptable Scottish Legal Form confirming; if an offer is in relation to the whole, or a specific lot, or a combination of lots, and if an offer is subject to the sale of a property, together with proof of funding, should be submitted to: Galbraith, Suite C, Stirling Agricultural Centre, Stirling FK9 4RN. T: 01786 434600, F: 01786 450014, E: [email protected] 6. Third Party Rights and Servitudes. The 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 July 2021. 8. Particulars prepared July 2021.

Lots 1, 3 & 4

Page 7: LAND AT FEDDINCH AND WATERLESS

Feddinch and Waterless AREA SCHEDULE

Field Number Cropping Arable Pasture Woodland Other Total

2017 2018 2019 2020 2021 Hectares Acres Hectares Acres Hectares Acres Hectares Acres Hectares Acres

Lot 1

1 WW WO WW WW WO 9.02 22.29 0.02 0.05 9.04 22.34

2 WW WW WW WO WW 13.13 32.44 0.05 0.12 13.18 32.57

3 WW WW WB WO WW/EFA 11.29 27.90 0.23 0.57 11.52 28.47

Sub-Total 33.44 82.63 0.23 0.57 0.07 0.17 33.74 83.37

Lot 2

4 WB/WW WW/WB WO WW WW/SO 8.27 20.44 0.02 0.05 8.29 20.48

5 WB WB WB WB WW/EFA 18.91 46.73 0.05 0.12 18.96 46.85

6 WB WB WB WO WW 4.59 11.34 0.16 0.40 4.75 11.74

Other 0.04 0.10 0.04 0.10

Sub-Total 31.77 78.50 0.27 0.67 32.04 79.17

Lot 3

7 EFA WW WB WB WB/EFA 9.83 24.29 0.22 0.54 0.02 0.05 10.07 24.88

8 WW WW WW WO WW/SO 8.56 21.15 8.56 21.15

9 WW/EFA WW/EFA WW WO WW/EFA 10.55 26.07 0.07 0.17 10.62 26.24

Sub-Total 28.94 71.51 0.22 0.54 0.09 0.22 29.25 72.28

Lot 4

10 PGRS PGRS TGRS TGRS TGRS 4.55 11.24 4.55 11.24

11 RGR/RYB RGR/RYB RGR/RYB RGR/RYB RGR/RYB 0.34 0.84 0.34 0.84

12 WOOD WOOD WOOD WOOD WOOD 11.36 28.07 11.36 28.07

Other 0.48 1.19 0.48 1.19

Sub-Total 4.55 11.24 11.36 28.07 0.82 2.03 16.73 41.34

Lot 5

13 WB WW WO/WB WW WW 4.86 12.01 4.86 12.01

WOOD WOOD WOOD WOOD WOOD 0.65 1.61 0.65 1.61

Other 1.03 2.55 1.03 2.55

Sub-Total 4.86 12.01 0.65 1.61 1.03 2.55 6.54 16.16

TOTAL 118.30 292.32

Key

WB: Winter Barley WW: Winter Wheat SO: Spring Oats RGR/RYB: Rough Grazing/ Roads, Yards & Buildings

WO: Winter Oats EFA: Environmental Focus Area PGRS: Permanent Pasture WOOD: Woodland

Page 8: LAND AT FEDDINCH AND WATERLESS

Land at Feddinch & Waterless

Lotting Plan

Page 9: LAND AT FEDDINCH AND WATERLESS