SITUATION & DESCRIPTION
Moormore is situated about 3 miles east of Aviemore in a spectacular Highland landscape overlooking the Cairngorm mountains. Aviemore provides excellent commercial, leisure and shopping facilities and regular rail services to the north and south including London (day and over- night). There are a number of sawmills in the area providing good markets for timber.
Moormore was planted in 1973 and is stocked predominantly with Scots Pine (86%). It occupies a gently sloping site with southerly and westerly aspects. The land was let on a 99 year lease commencing in 1972 by the Rothiemurchus Estate which remains the landlord. The tenant has the option to extend the lease to 2121. The passing rent is £260 p.a. with provision for reviews every ten years. The next review is in 2022. Copies of the lease are available from the selling agents.
Access to Moormore plantation is over a private road leading from the public road to Moormore
Cottage marked A-B on the plan. Maintenance is according to use.
Access to Moormore is through a locked gate at the Sled Dog Centre road end which is located
about 1½ miles from Coylumbridge on the ski centre road.
The property may be viewed at any time in normal daylight however viewers must inform the selling agents of their intended visit in advance. There is a locked gate at the public road and the combination can be obtained from the selling agents. Viewers should carry a set of these particulars, take care not to block accesses when parking and are requested not to take vehicles beyond point B on the plan in order to prevent disturbance to the Sled Dog Centre. CKD Galbraith strongly recommends that interested parties discuss points that are likely to affect their interest in the property with a member of our staff who has seen the property and is authorised to comment on and
provide further information about the property, in order to prevent wasted journeys. Contact: James Carnegy-Arbuthnott, tel: 0131 240 6960.
Grant Schemes and Forest Plan
There are no grant scheme contracts affecting the woodland. There is no forest plan.
Information on current grant availability can be found on the Forestry Commission Scotland and
Scottish Government websites as follows:-
Commercial forestry currently benefits from a number of tax reliefs, these benefits are summarised
• After 2 years of ownership the property should qualify for 100% Business property relief from Inheritance Tax (IHT).
• Timber income from the commercially managed woodlands is exempt from Income Tax. Non
woodland income, e.g. sporting rent is subject to Income Tax at the appropriate rate.
• Any increase in the value of the timber is exempt from Capital Gains Tax.
• Forestry is classified as a qualifying asset for the purposes of rolling over a Capital Gains Tax
liability. This liability falls away when the forest is assessed for Inheritance Tax after death.
Sporting Rights These are reserved to the landlord.
These are reserved to the landlord however the tenant is permitted to use such road metal as
required for the construction and maintenance of the forestry road.