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Land for sale

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Land for sale

Craigmill Forest Estate, Dallas, IV36
£5,750,000

Our Summary

  • The Estate is rich in biodiversity and Natural Capital and provides an opportunity for ecosystem restoration
  • Residential Development Potential There are four sites which have been identified for potential development as shown on the sale plan
  • * Site of Former Coldwells Cottage - Planning Permission is currently in place for the erection of a single detached dwelling on this site
  • * Site West of Hummel Burn Lodge - Planning Permission for a single detached house on this site was approved by the Moray Council on 10th November 2011, now lapsed
  • Subject to gaining planning consent could be redeveloped into an attractive residential dwelling
  • * Site at Black Burn Bridge - Planning Permission was approved in December 2012 for a single detached house, with deemed commencement having been confirmed in June 2016
  • The house is in need of modernisation
  • The old Wester Meikle Branchill Steading, adjacent to the property does not form part of the regulated tenancy and may offer a future redevelopment opportunity
  • Renewable Energy Clawback Clause Desktop analysis has suggested that there is potential for wind turbines on the southern part of the Estate around the area known as Lonehill and Millbuie
  • The Agreement will require the purchaser to pay 30% of income derived from any windfarm development (excluding any timber compensation payments) for a period of 35 years from the date of commissioning of the development relative to any planning permission that is secured within a 15-year period from the date of sale
  • The cull records show an average of 15 beasts per year but there is potential for a higher cull to be taken

Description

Craigmill Forest Estate is a 1,311-hectare property situated near Dallas in Moray, Scotland, offering a prime opportunity for forestry investment. The estate is nestled in a picturesque setting, surrounded by hills and commercial woodlands, with a mix of Scots pine, Sitka spruce, and mixed conifers. The forestry extends to 900.84 hectares, with a weighted age class of 28 years, and is managed by Cawdor Forestry. The property has three main areas: Hill of Mulundy, Mill Buie, and Lone Hill, each with its own unique characteristics. The estate also features wooded gullies, scattered woodlands, and restocking obligations. With 4.4 miles of hard track and several quad tracks, the property offers easy access to its various areas. Additionally, there are three lochs and Lone Burn, adding to the estate's natural beauty and biodiversity. The estate has potential for residential development, with four identified sites, including a site with existing planning permission for a single detached dwelling. Overall, Craigmill Forest Estate offers a unique combination of forestry, sporting, and residential opportunities in a stunning natural setting.