Woodland for sale

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Woodland for sale

Craigmill Forest Estate, Dallas IV36
£7,250,000

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
  • 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 3,239-acre property located in the picturesque county of Moray, Scotland, near the town of Dallas. The estate is situated 9 miles northwest of Forres and 30 minutes from Inverness airport, making it easily accessible to major timber markets and sporting opportunities. The property features a mix of mature and young woodland, with a weighted age class of 28 years, and includes three main areas: Hill of Mulundy, Mill Buie, and Lone Hill. The estate has a total of 900.84 hectares of commercial forestry, with a harvesting income expected in the region of £200,000 in the next few years. The property also has residential development potential, with four identified sites, including a site with existing planning permission for a single detached dwelling. The estate benefits from scenic views, lochs, and burns, and is rich in biodiversity and natural capital, providing an opportunity for ecosystem restoration.
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