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Rashielea Wood

Bankfoot, Perth, PH1 4EF

Offers Over £350,000


  • GENERAL

  • Rashielea Wood is a diverse and attractive woodland

  • located in Perthshire approximately 8 miles north

  • of Perth and 1.5 miles south-west of the village

  • of Bankfoot. The woodland lies to the north of

  • a minor public road about 1 mile west of the A9

  • dual carriageway. The wood presents an excellent

  • opportunity to acquire a woodland which can be

  • enjoyed for the amenity it provides, with likely capital

  • appreciation and longer term potential to generate

  • revenue from recently planted productive crops.

  • ACCESS

  • The woodland benefits from two accesses off the

  • public road as shown on the attached plan. The

  • eastern access tracks is of good quality and lead to

  • an area of hardstanding extending to about an acre

  • formally used for open storage. The western access

  • leads to hard track that runs along the northern

  • boundary of the land which gives good access for

  • walking and ATV use.

  • THE WOODLAND

  • The woodland extends to approximately 27.58 ha.

  • (68.15 acres) and occupies a gentle southerly slope

  • running from the public road up towards the centre

  • of the wood. The wood has a mix of confer and

  • broadleaf trees with much of the felling carried out in

  • 2007 and replanting in 2010. Approximately 60 acres

  • of Sitka Spruce has been felled in the last decade and

  • about 10 acres of brash has been removed on the

  • eastern part of the land. 10 acres of woodland has

  • been replanted and two ponds were created in 2009,

  • together with the road to the yard.

  • The southern boundary of the wood has been fenced

  • most recently ensuring that the entire boundary is

  • now enclosed.

  • DEVELOPMENT POTENTIAL

  • The land does not currently benefit from any planning permissions for alternative

  • use. We are of the view that there may be potential for development on site in the

  • form of leisure, self-catering or glamping type developments, subject to obtaining

  • the necessary consents. Furthermore there may be scope for residential development

  • with eco/green credentials or renewable energy development, again subject to the

  • necessary consents.

  • WOODLAND GRANTS AND

  • FELLING LICENCES

  • There are currently no grant schemes in operation over the woodland and no transfer

  • of obligations required. All felling has been carried out under licence and the removal

  • of brash and levelling of ground has been carried out at the owner’s expense. For

  • further information on current grants available, please visit the following websites:

  • https://forestry.gov.scot https://www.ruralpayments.org/publicsite/futures

  • SPORTING RIGHTS

  • Sporting rights are included with each lot and the property presents good

  • opportunities for Roe deer stalking and fishing.

  • OFFERS

  • Offers over £350,000 are invited for our client’s freehold interest in the

  • property. Our client is not bound to accept the highest offer or indeed any offer.

  • A closing date may be set for offers and interested parties should note their

  • interest in the subjects to ensure they are notified of any closing date.

  • All offers must be submitted in Scottish legal form before they can be formally

  • accepted.

  • 2017 ANTI MONEY

  • LAUNDERING REGULATIONS

  • Please 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 (eg a passport) and secondary (eg current council tax or

  • utility bill) ID; or

  • b) 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.

  • TAXATION

  • At present, all revenue from timber sales is Income and Corporation Tax free.

  • There is no Capital Gains Tax on growing timber, although there may be a

  • liability on the land. Under the Inheritance Tax regime, 100% Business Property

  • Relief should be available on commercial woodlands. VAT is charged on forestry

  • work and timber sales, although its effect is neutral if managed as a business.

  • Government grants are received tax free with the exception of farm woodland ans subsidy payments.

Woodland development opportunity in popular location
Scope for alternative use development subject to obtaining the necessary consents.
68.15 acres

Woodland development opportunity in popular location
Scope for alternative use development subject to obtaining the necessary consents.
68.15 acres