Land At Mill Of Boyndie

Boyndie, Banff, AB45 2DS

Offers Over £915,000

215.22 acres

Closing date Thursday 17th March 2022 at 12 noon.Mill of Boyndie is situated 2 miles west ofBanff and 5 miles east of Portsoy on theMoray coast. The land is suitable for a widerange of farming activities including thegrowing of cereals, root crops, potatoes andcarrots, in addition to grass land. The areais well resourced in terms of agriculturalinfrastructure, being well served by a numberof grain merchants, agricultural suppliers,auction marts and abattoirs.DESCRIPTIONMill of Boyndie is situated in a productive areaon the Moray coast. The land sits between 20and 50 metres above sea level with a numberof fields enjoying access from the public roadnetwork. According to the James HuttonInstitute the land is classified as Grade 3(1)and Grade 4(2). The land is registered withSGRPID for IACS purposes.The land extends to 87.10 hectares (217.22acres) in 12 separate enclosures.BASIC PAYMENT SCHEME (BPS)The majority of the land is eligible for claimingBasic Payments. The BPS entitlements havebeen established by the seller and are notincluded in the sale of the land. The farmhas an allocation of 72.06 units of BasicPayment Scheme (Region 1) entitlementswith a value of €160.66 per unit (plusgreening). The buyer will take over and payfor at valuation the Basic Payment Schemeentitlements established on the land forsale. Payments relating to the year 2022will be apportioned between the buyer andthe seller. Upon occupation of the subjectsof sale the buyer shall fully comply with thestatutory management requirements tomaintain the farmland in Good Agriculturaland Environmental Condition as laid downunder the cross Compliance Rules of theBasic Payment Scheme 2022 for the rest ofthe scheme year.ACCESSAccess to Mill of Boyndie is direct from the public road network.SERVICESThe land is served by mains water supply.LOCATIONMill of Boyndie is located 2 miles west ofBanff and 5 miles east of Portsoy in a primeposition overlooking the Moray Firth.GENERAL INFORMATIONLOCAL AUTHORITYAberdeenshire Council, 34 Low Street, Banff,Aberdeenshire, AB45 1AY. Telephone 0345608 1208.RURAL PAYMENTS AND INSPECTIONDIRECTORATE (SGRPID)Thainstone Court, Inverurie, AB51 5YA, Tel:0300 244 6822. Farm Code 66/225/0063.METHOD OF SALEFor sale as a Whole.VIEWINGStrictly by appointing with the sole sellingagents –Galbraith, 337 North Deeside Road,Cults, Aberdeen, AB15 9SN. Tel: 01224 860710.Fax: 01224 869023. Email: aberdeen@galbraithgroup.comSPORTINGSThe Sporting Rights have not been formallyexercised in recent years but the land ispopulated with an abundance of wild life.MINERALSThe Mineral Rights are included in the sale,insofar as they are owned.TIMBERAll fallen and standing timber is included inthe sale insofar as they are owned.POSSESSION AND ENTRYVacant possession and entry will be given oncompletion or such mutual time to be agreedby the seller and the purchaser.INGOING VALUATIONThe purchaser(s) shall, in addition to thepurchase price, be obliged to take over andpay for at a valuation to be agreed by amutually appointed valuer(s) with respect tothe 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 fodder, roots, silage and farmyard manure and other produce at market value. All oils, fuels, fertilizers, sprays, chemicals seeds 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.DEPOSITA 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 & SAFETYThe property is an agricultural holding and appropriate caution should be exercised at all times during inspection, particularly in reference to the farm buildings.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, 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 Alistair Christie on 0800 3899448. Email: alistair.christie@galbraithgroup.comCLOSING DATEA closing date may be fixed. Prospective purchasers who have noted 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.OFFERSFormal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to Galbraith, 337 North Deeside Road, Cults, Aberdeen, AB15 9SN.ANTI MONEY LAUNDERING (AML) REGULATIONSPlease 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 (e.g. a passport) and secondary (e.g. current council tax or utility bill) ID; orb) 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. The property is also sold subject to the rights of public access under the Land Reform (Scotland) Act 2003. The seller reserves the right to lay water pipes, power cables, service media etc. over the subjects of sale. A right of access is retained in favour of the seller, shown A/B on the plan. Visibility splays have been retained in favour of the seller in fields 9 and 13. A cable serving the windfarm on the Moray Firth traverses the farm.