A Forestry Estate in North Lincolnshire Manby Estate ... - Savills

1953 Mixed broadleaves 2.751978 Mixed broadleaves 1.881982 Mixed broadleaves 11.481993 Mixed broadleaves 5.091995 Mixed broadleaves 14.971950 Sycamore 0.201950 Mixed conifers 2.001953 Mixed conifers 1.201939 Scots pine 0.801950 Scots pine 3.001920 Corsican pine 0.541950 Corsican pine 0.401972 Corsican pine 3.671976 Corsican pine 7.541978 Corsican pine 6.101924 Japanese Larch 0.221939 Japanese Larch 0.851978 Japanese Larch 1.20Lot 5Lot 5, which totals 107.44 acres (43.48ha), is accessed via theB1208 which runs off Ermine Street. The Lot is located directly tothe north of the village of Broughton. The southern half of this Lothas been thinned to final crop with some impressive trees therein.Currently in this Lot are:Year Species Area (Ha)1931 Mixed broadleaves 4.801950 Mixed broadleaves 3.281995 Mixed broadleaves 2.201950 Sycamore 0.501950 Mixed conifers 10.121950 Scots pine 7.001986 European larch 8.20Environmental DesignationsAccording to the Ancient Woodland Inventory, compiled byNatural England, 632 acres of the Estate are classed as AncientWoodland. This means that there has been woodland on this sitecontinually for the last 400 years.There are two Sites of Special Scientific Interest (SSSI) within theEstate. These are Broughton Alder Wood, a 2.03 acre site firstdesignated in 1986 and is located at the western extremity of Lot3. Alder Woodland is a scarce habitat in North Lincolnshire.The second SSSI is combined of two sites totalling 41.7 acres,first notified in 1957. Far Wood forms part of Lot 4 and has beendesignated as a SSSI due to its varied plant life. Copies of eachdesignation are available from the vendor’s agents.Woodland Grant SchemeThe Estate has previously benefited from a Woodland GrantScheme, further details of which are available from the vendor’sagent.Sporting RightsThe sporting rights on Lots 1, 2, 3 and 5 are, excluding deer, letunder licence until 2 February 2009.The sporting rights on Lot 4 are let until 2022, again, excludingdeer.Deer stalking is, therefore, in hand across the Estate with somegood quality roe and muntjac shooting with occasional fallow deerpresent.TenureOutside the sporting rights, Rose Cottage is let under licence andwill be vacant from 2 February 2009.The car park in Lot 3 is leased to North Lincolnshire DistrictCouncil for 21 years from June 1995. The rent received on thisis £10 per annum and the business rates (£4,000 per annum) arepaid by the tenant. A copy of the lease is available for inspectionat the Vendor’s agent’s offices.TaxationInvestors should be aware that income from timber fromcommercial forestry is exempt from Income Tax and, also, thatforestry businesses can potentially attract 100% relief fromInheritance Tax. In addition, forests have a low exposure toCapital Gains Tax as the value of the growing crop is excludedfrom the assessment. Prospective purchasers are stronglyadvised to consult their financial advisers to ascertain how thesetax concessions may best be of benefit.Mineral RightsMineral rights insofar as they are owned are included in the sale.TimberAll standing and fallen timber is included in the sale.Wayleaves, Easements and Rights of WayThe property is sold subject to and with the benefit of all rightsincluding rights of access and rights of way whether public orprivate. The purchaser will be held to have satisfied themselvesas to the nature of all such rights. All rights of wayleave, drainageand access in respect of any property retained by the vendor willbe reserved.LottingIt is intended to offer the property for sale as described, but thevendor reserves the right to divide the property into different lots,or to withdraw the property, or to exclude any property shown inthese particulars.Plans, Areas and SchedulesThese are based on the Ordnance Survey and are for referenceonly. They have been carefully checked by the selling agentsand the purchaser shall be deemed to have satisfied himself asto the description of the property and any error or mis-statementshall not annul the sale nor entitle either party to compensation inrespect thereof.Viewing: Strictly by appointment with Savills.Important Notice: Savills, their clients and any joint agentsgive notice that: 1: They are not authorised to make or giveany representations or warranties in relation to the propertyeither here or elsewhere, either on their own behalf or on behalfof their client or otherwise. They assume no responsibility forany statement that may be made in these particulars. Theseparticulars do not form part of any offer or contract and mustnot be relied upon as statements or representations of fact. 2:Any areas, measurements or distances are approximate. Thetext, photographs and plans are for guidance only and are notnecessarily comprehensive. It should not be assumed that theproperty has all necessary planning, building regulation or otherconsents and Savills have not tested any services, equipmentor facilities. Purchasers must satisfy themselves by inspection orotherwise.