Lot 1 Arable Ground
The lands at Colluthie offer an excellent arable unit which lies in the heart of North East Fife adjacent to the Motray Water and the A92. This area of Fife is an excellent arable growing area and lies about 5 miles north of the town of Cupar and close to the village of Luthrie. Traditionally North East Fife is known for its fertile land capable of producing high yields of an extensive range of crops and long sunshine hours. The area is well suited to intensive cropping. The annual rainfall is on average 650mm with sunshine averaging in excess of 1500 hours per year.
The property benefits from excellent access to the A92 linking Dundee to the M90, which provides rapid access to Perth and Edinburgh. St Andrews, one of Scotland's most attractive towns, provides a wide range of amenities and entertainment facilities. Nearby, the former market town of Cupar provides an excellent range of amenities and hosts a bustling monthly Farmers Market, with local produce on display.
The Cupar area has excellent communications with several mainline railway stations and a good network of major roads leading to the major cities of Scotland, all lying within approximately one hour's drive. From Edinburgh airport there are regular shuttle flights to London and departures to various European countries. Dundee is 12 miles to the north east and also has its own airport which serves London, Birmingham and Belfast.
The agricultural nature of the area ensures it is well provided for by agricultural contractors, machinery dealerships, agricultural merchants and livestock markets in the nearby counties of Stirling and Angus.
The lands at Colluthie comprise a highly productive area of arable land extending to approximately 125 acres and lie between 50m and 100m above sea level rising up from the Motray Water to the north and up towards Colluthie Hill to the south. Most of the land has been classified as predominantly Grade 3 (1) and 3(2) by the James Hutton Institute and is well suited to growing a wide range of cereals as well as potatoes. It is understood that there may be scope to extract water from the Motray Water (subject to all relevant consents and licences).
Optimum growing conditions have historically resulted in yields of up to:
Ware Potatoes: 20-25 tonnes per acre
Winter Wheat: 3-4 tonnes per acre
Spring Barley: 3-4 tonnes per acre
Winter Oats: 3-4 tonnes per acre
There are eight enclosures offered for sale. Access is largely taken to the enclosures via the internal farm tracks and the A92.
LOT 1: 29.8 ha (73.7 acres) Arable Ground North and East of Colluthie
The land within Lot 1 extends to about 29.82 ha (73.73 acres) and is classified as Grade 3 (1) and 3(2) by the James Hutton Institute. The land is spilt into four enclosures and are separated by the A92 trunk road as well as a separately owned track leading to Myre End. Both fields to the north of the A92 are bounded by the Motray Water. To the west side of Enclosure 3 is an area of former railway embankment offering scrub woodland and extending to about 0.6 acres.
LOT 2: 22.08 ha (54.70 acres) Arable Ground South West of Colluthie
The land within Lot 2 extends to about 22.08 ha (54.70 acres) and is classified as Grade 3(1) and 3(2) by the James Hutton Institute. The land is spilt into four enclosures of arable ground which are accessed off the A92. Also included in Lot 2 is an area of former railway embankment which now largely comprises scrub woodland and extends to about 2.2 acres. To the south side of Enclosure 8 is an area of ground with semi mature trees.
Additional land may be available under contract and by way of separate negotiation. Further information is available from the selling agents.
From the South: Take the A90/M90 North towards Perth. At junction 2A take the A92 exit to Kirkcaldy/Glenrothes. Stay on the A92, and then follow the signs for Dundee. After passing the Parbroath Crossroads (and shortly after passing the turning on the left to Luthrie) the Lands at Coluthie are situated on either side of the A92.
Thorntons Law, 49 Bonnygate, Cupar KY15 4BY
A date of entry will be by mutual agreement. Entry to these fields will be given after harvest of 2017.
BASIC PAYMENT SCHEME (BPS) 2017
The Basic Payment Scheme Entitlements will be retained by the Seller and are therefore excluded from the subjects of sale.
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) 2017 for the remainder of the scheme year.
All of the land is registered for IACS purposes. The farm code is 391/0001. A purchaser(s) will be required to apply for a new holding number on entry to the farm as some of the ground is being retained by the vendor.
Fife Council, Fife House, North Street, Glenrothes, Fife, KY7 5LT, T: 01383 441199
Strathearn House, Broxden Business Park, Lamberkine Drive, Perth, PH1 1RX. T: 01738 602000, F: 01738 602001
NITRATE VULNERABLE ZONE
The lands lie within the Strathmore and Fife NVZ.
LAND MANAGEMENT OPTIONS
There are no Land Management Options currently in place on the land.
CONTRACT FARMING AGREEMENT
The land is currently farmed under a contract farming agreement with a neighbouring farmer who may be willing to negotiate a continuation of this arrangement with a prospective purchaser.
In so far as these rights form part of the property title they are included with the sale.
All fallen and standing timber is included in the sale in so far as they are owned.
The mineral rights are included in the sale in so far as they are owned by the Seller.
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.
If the property is sold in lots, a deed of condition will be entered into by the purchasers governing all access, maintenance, shared access, services and boundaries.
The purchaser(s) of the land 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 for completion, then the purchaser shall pay to the Seller such a sum as 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 Bank of Scotland borrowing rate.
A deposit of 10% of the purchase price shall be paid within seven days of completion of Missives. Deposit will be non-refundable in the event of the purchaser failing to complete for reasons not attributable to the Seller or their Agents.
Viewings are strictly by prior appointment and only through the Selling Agents.
HEALTH & SAFETY
The property is an agricultural holding and appropriate caution should be exercised at all times during inspection.