Missives Concluded

Easter Auquharney

Hatton, Peterhead, Aberdeenshire, AB42 0QT
Offers Over
£6,335,000
An exceptionally well equipped commercial farm in a prime agricultural area in the heart of Aberdeenshire. Extending to 671.76 h...
For sale as whole or in 6 lots.
Spacious two and a half storey farmhouse
Two Bedroom Farm Cottage
Extensive range of modern farm buildings
Substantial Basic Payment Scheme income
Agri-Environment Climate Scheme income
Telecommunications Mast

LOCATION
The subjects are located 23 miles north of the City of Aberdeen, being 7 miles north east of Ellon and 9 miles south west of Peterhead.

VIEWING
Strictly by appointing with the sole selling agents - CKD Galbraith LLP, 337 North Deeside Road, Cults, Aberdeen, AB15 9SP. Tel: 01224 860710. Fax: 01224 869023. Email: aberdeen@ckdgalbraith.co.uk

DIRECTIONS
From Aberdeen take the A90 to Fraserburgh for 22 miles, turning left where signposted Auquharney. Follow this road for 0.75 miles taking the first right and Easter Auquharney can be found on the right hand side. From Peterhead take the A90 south for 8 miles, turning right where signposted Auquharney. Follow this road for 0.75 miles turning right and Easter Auquharney can be found on the right hand side.

SITUATION
Easter Auquharney is a well known commercial farm, situated adjacent to the settlement of Hatton in central Aberdeenshire. The land is general south facing being capable of producing a wide range of spring and winter crops, in addition to rotational grass land. The farmhouse sits in an attractive elevated position being south facing. The farm buildings comprise an excellent range of modern portal frame structures being suitable for arable and livestock production. The farm cottage is conveniently located adjacent to the farm yard.
The area is well served by a number of agricultural machinery suppliers and merchants. Livestock markets are located at both Huntly and Inverurie with abattoirs at Portlethen, Turriff and Inverurie.
The village of Hatton is 1 miles distant and has a shop, village hall, primary school and the Hatton Mill pub.

The town of Ellon is some 7 miles to the south west and is well served by facilities and amenities. The town has 3 primary schools which feed into the new Ellon Academy Secondary School (constructed 2015). The town has a community centre which includes a swimming pool and café, and the Ythan centre is dedicated to serving the needs of Ellon's teenage population.

The Meadows Sports Centre is located in the eastern outskirts of the town and has many sporting facilities and clubs including football, rugby, an astro turf pitch for hockey, a gym and a multi used sports hall. The Meadows is also home to Ellon United Football Club, Ellon RFC and Ellon HC. The town has a wide range of shopping facilities and lies on the route of the national cycling route network on the former Buchan Railway line.

The town of Peterhead is some 10 miles to the north east and was developed as a planned settlement. The town has a wide range of retail outlets and supermarkets, has 6 primary schools, in addition to Peterhead Academy. The harbour's maritime and built heritage are the town's tourism assets with the harbour being reputably the largest white fish landing port in Europe. Sporting interests include a successful amateur boxing club, Peterhead Rugby Football Club and Peterhead FC which plays in Scottish League 1.

Aberdeen is some 23 miles distant and has a wide range of shopping, entertainment and cultural attractions which one would expect from the Oil Capital of Europe. Private education is available in the city which also has 2 new universities. Aberdeen International Airport offers regular domestic and European flights in addition to which there is a train station with regular services to both north and south and an overnight sleeper service to London.

DESCRIPTION
Easter Auquharney is well known for the quality of the cattle and grain produced and is situated in eastern Aberdeenshire in an area well known for its productive and fertile farmland.
The land is currently farmed as one unit and extends to 671.76 hectares (1,659.93 acres) or thereby, excluding roads, yards and buildings and enjoys good access on the public road network. The farming policy is currently based on the growing of 1,000 acres of cereals, rotational grass leys and the fattening of 1,100 cattle per annum.
The majority of the land is classified as Grade 3(2) according to the Hutton Institute with high yields of malting quality barley, wheat, oilseed rape and grass being often obtained. Other crops including potatoes have been grown in the past. The majority of the fields are well fenced and watered. The land is in excellent heart being rotationally farmed, in addition to receiving organic fertiliser on a regular basis.
The land is registered with SGRPID for IACS purposes and is situated between 40 and 85 metres above sea level and is generally of a southerly aspect. A number of hedges have been planted over the last number of years, and the majority of the land is well fenced being stock proof for both cattle and sheep. Whilst the Sporting Rights have not been exercised in recent years the topography and nature of the ground would be conducive to the establishment of a farm shoot with wildfowling potential.

LOT 1
Easter Auquharney comprises a farmhouse, being a substantial two and a half storey stone and slate built farmhouse with a southerly aspect which enjoys oil fired central heating and is double glazed throughout.

The accommodation comprises:
Ground Floor - Entrance Hallway, Dining Kitchen (4.58m x 3.65m) with adjacent Living Area (2.70m x 3.40m), Utility (1.85m x 3.40m), Shower Room (1.85m x 1.5m) Office (5.70m x 1.32m), Dining Room (3.96m x 3.94m), Sitting Room (4.55m x 4.55m) further Reception Room (1.94m x 3.96m), Conservatory (2.86m x 3.63m)
First Floor - Master Bedroom (3.91m x 4.29m) with En Suite (2.04m x 3.31m), Double Bedroom (2.54m x 4.74m), Double Bedroom (3.45m x 4.56m)
Second Floor - Two secondary bedrooms (5.41m x 2.24m and 4.07m x 2.24m) with coombe ceilings and Velux windows.

The Council tax band is D with the EPC rating being F.

The farm cottage is of stone built construction and is currently let on a Short Assured Tenancy, the passing rent being £335 pcm. The cottage enjoys oil fired central heating and double glazing throughout.

The accommodation comprises:
Bedroom (4.26m 3.02m), Bedroom (4.65m x 2.70m), Sitting Room (4.26m x 4.17m), Kitchen (3.55m x 2.13m), Bathroom (3.55m x 1.55m).

The Council tax band of the Cottage is A with the EPC rating being F.

Easter Auquharney is extremely well equipped in respect of farm buildings, comprising an excellent range of modern portal frame structures with some traditional build as follows:

1. Cattle Court 42m x 24m, of steel portal frame construction, fibre cement roof, 2 x feed pass, concrete floor, capacity 250 cattle
2. Cattle Court 54m x 24m, of steel portal frame construction, fibre cement roof, concrete floor, centre feed pass. Constructed in 2001. Capacity of 250 cattle.
3. Cattle Court 54m x 24m, of steel portal frame construction. Constructed in 2012. Capacity of 300 cattle.
4. Cattle Court 54m x 24m, of steel portal frame construction. Constructed in 2013. Capacity of 300 cattle.
5. Grain Store 36m x 18m, of steel portal frame construction, poured concrete walls, fibre cement roof. Constructed in 2011. Capacity of 1,300 tonnes.
6. Silage Pit - Concrete floor, earth walls. Capacity of 1,500 tonnes.
7. Silage Pit - Concrete floor, earth walls. Capacity of 1,500 tonnes.
8. Silage Pit - Concrete floor, earth walls. Capacity of 1,100 tonnes.
9. Traditional Granary - 40m x 6.50m, of stone construction under a slate roof.
10. Dutch Barn/Combine Shed- 54m x 18m, of steel portal frame construction, fibre cement roof, part concrete, part earth floor. Capacity for 2,000 bales.
11. Tractor Shed - 32m x 9m, of block wall construction under a fibre cement roof.
12. Lean to - 18m x 6m, of steel frame construction, concrete walls and floor with fibre cement roof.
13. Workshop 16.39m x 4.34m & 7.34m x 7.88m, of stone construction under a slate roof.
14. Chemical Store - 6.44m x 4.34m, of stone construction under a slate roof.

The land extends to 268.44 hectares (663.32 acres) and comprises 36 enclosures, the majority of which are classified as Grade 3(2). Current cropping includes 182.61 hectares (451.22 acres) of cereals and 62.69 hectares (154.90 acres) of rotational grass.

LOT 2
Land at Auchleuchries and Auquharney
Extending to 101.98 hectares (252.00 acres). This Lot comprises 14 enclosures, being classified as Grade 3(1) and 3(2). Current cropping includes 66.55 hectares (164.44 acres) of cereals and 32.68 hectares (80.75 acres) of rotational grass. The cattle handling pens are included in the sale.

LOT 3
Land at Newbigging
Extending to 44.23 hectares (109.29 acres). This Lot comprises 6 enclosures, the majority of which being classified as Grade 3(2).
Current cropping includes 39.59 hectares (97.82 acres) of cereals.

LOT 4
Land at Auchenten
Extending to 107.04 hectares (264.50 acres). This Lot comprises 11 enclosures, the majority of which being classified as Grade 3(2). Current cropping includes 91.96 hectares (227.23 acres) of cereals and 12.15 hectares (30.02 acres) of rotational grass. The cattle handling pens are included in the sale.

LOT 5
Land at Kiplaw
Extending to 150.07 hectares (370.82 acres). This Lot comprises 13 enclosures, the majority of which being classified as Grade 3(2). Current cropping includes 72.93 hectares (180.21 acres) of cereals and 70.02 hectares (175.49 acres) of grass. The cattle handling pens are included in the sale.

LOT 6
Telecommunications Mast
The site for the telecommunications mast is currently leased to Vodafone. Heads of Terms have been signed to extend the current lease with the agreed rent being £5,000 per annum.

GENERAL INFORMATION

SELLERS SOLICITORS
Masson & Glennie LLP, Broad House, 13 Broad Street, Peterhead, AB42 1HY. Telephone 01779 474271. DD 01779 873535. Email brian.mccombie@massonglennie.co.uk

LOCAL AUTHORITY
Aberdeenshire Council, Arbuthnot House, 60 Broad Street, Peterhead, AB42 1BX. Telephone 01779 483254.

RURAL PAYMENTS AND INSPECTION DIRECTORATE
Thainstone Court, Inverurie, AB51 5YA, Tel: 01467 626222. Farm Code 049/0200. If sold in Lots the purchasers will be required to apply for separate holding numbers on entry to the land.

METHOD OF SALE
For sale as a Whole or in 6 Lots.

BASIC PAYMENT SCHEME
The majority of the land is eligible for claiming Basic Payments. The Basic Payment Scheme entitlements have been established by the seller and are not included in the sale of the land. A buyer(s) will take over and pay for at valuation the Basic Payment Scheme entitlements established on the land for sale. All payments relating to the 2017 year will be retained by the seller. The buyer(s) will be responsible upon occupation of the subjects of sale to fully comply with the statutory management requirements to maintain the farmland in Good Agricultural and Environmental Condition as laid down under the cross Compliance Rules of the Basic Payment Scheme 2017 for the rest of the scheme year.

The 2017 payment is forecast to be €157,568. If the farm is sold in lots the Basic Payment Scheme entitlements will be apportioned as follows:
Lot 1 245.30 units Region One @ €170.12
(2017 payment including greening being €62,075)
Lot 2 99.23 units Region One @ €170.12
(2017 payment including greening being €25,111)
Lot 3 39.59 units Region One @ €170.12
(2017 payment including greening being €10,018)
Lot 4 104.11 units Region One @ €170.12
(2017 payment including greening being €26,346)
Lot 5 125.43 units Region One @ €170.12
(2017 payment including greening being €31,741)
Lot 5 21.23 units Region Two @ €93.41
(2017 payment including greening being €2,276)

AGRI/ENVIRONMENT CLIMATE SCHEME
The land is subject to Agri Environment Climate Scheme (AECS) funding, with the annual payments being approximately £31,358. It is a condition of the sale that the purchaser(s) sign the transfer obligation forms in respect of the AECS funding and will comply with the rules of the scheme for the remainder of the contractual period. Projected income is forecast to be £31,358 per annum. Further details are available from the selling agents.

SPORTINGS
The Sporting Rights are included in the sale, insofar as they are owned. Shooting rights have been granted in favour of a third party over field 76 until 31/03/2019

MINERALS
The Mineral Rights are included in the sale, insofar as they are owned.

TIMBER
All fallen and standing timber is included in the sale insofar as they are owned. The farm participates in the Woodland Grant Scheme with the annual income is as follows: Lot 1 £300 per annum until 2023. Lot 5 £416 per annum until 2025 and £288 per annum until 2026.

POSSESSION AND ENTRY
Vacant possession and entry will be given on completion or such mutual time to be agreed by the seller and the purchaser.

INGOING VALUATION
The purchaser(s) 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:
All cultivations and growing crops on a seeds, labour, lime, fertilizer, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops.
All hay, straw, roots, silage, whole crop, cereals treated for stockfeed and farmyard manure and other produce at market value. All oils, fuels, fertilizers, sprays, chemicals, seeds, feedstuffs, minerals and sundries at cost.
Note: If the amount of the valuations has not been agreed on the date fixed 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 8% over the Bank of Scotland borrowing rate as adjusted from time to time.

SERVICES
Lot 1 is served by both mains water and a private water supply in addition to mains electricity. Lots 2, 3, 4 and 5 are served by private water or waterings from burns and ditches but mains water is available. Foul water disposal for the farmhouse and cottage is via septic tanks and soakaways, these being registered with SEPA.

DEPOSIT
A deposit of 10% of the purchase price shall be paid within seven days of the completion of Missives. The deposit will be non-refundable in the event of the purchaser(s) failing to pay the purchase price or failing to complete for reasons not attributable to the seller of the seller's agents.

HEALTH & SAFETY
The property is an agricultural holding and appropriate caution should be exercised at all times during inspection, particularly in reference to the farm buildings.

MORTGAGE FINANCE
CKD Galbraith 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, facilitate and reschedule debt, and to provide working capital for diverse creation, and improving on erected farm buildings. For further details and to discuss any proposals in connection please contact Robert Taylor on 0800 3899448. Email: robert.taylor@ckdgalbraith.co.uk

CLOSING DATE
A closing date may be fixed. Prospective purchasers who have noted their interest through lawyers to CKD 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.

OFFERS
Formal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to CKD Galbraith LLP, 337 North Deeside Road, Cults, Aberdeen, AB15 9SP.

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 aspects thereof. A gas pipeline crosses Lot 1 & 2 with a water main crossing Lots 2, 4 & 5. Annual income is received in respect of some of the electricity infrastructure on the farm although the income from the BT infrastructure has been capitalised. Third parties enjoy vehicular access rights where marked A-B, C-D, E-F, G-H, I-J, K-L on the sales plan. The seller will grant to the purchaser of Lot 2 a vehicular access right where marked M-N & P-Q on the sales plan.

IMPORTANT NOTES
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.
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 service and appliances.

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.
Particulars were prepared in April 2017 with photographs taken in 2016.

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