PINK WOOD

Frome, Somerset

34.77 Hectares/85.92 Acres

An attractive lowland mixed wood with good road access and internal tracks. Opportunities for nature conservation, leisure and Roe deer stalking.

LEASEHOLD FOR SALE BY PRIVATE TREATY

Offers in the Region of £280,000

15 Dyer Street Cirencester Gloucestershire GL7 2PP Email: woods@johnclegg.co.uk 15 Dyer Street, CirencesterGloucestershire GL7 2PPTel: 01844 291384Email: woods@johnclegg.co.uk

www.johnclegg.co.uk

PINK WOOD

Frome 6 miles Bruton 12 miles Bridgewater 18 miles Yeovil 24 miles (Distances are approximate)

SOLE SELLING AGENTS

John Clegg & Co, 15 Dyer Street, Cirencester GL7 2PP Tel: 01844 291384

Ref: Tanya Gato MICFor

DIRECTIONS This wood is located north-east of Bruton and south-west of Frome in North Somerset, within a few minutes’ drive of the A359 and A361. Travelling from the south and the A303, proceed to Bruton and take the A359 northwards. On the outskirts of the town, take the North Brewham road on the right by a left-hand bend in the main road and follow this for 2 miles, avoiding the turn under the railway bridge. Pink Wood is on the left with road frontage and an entrance barrier at the north-east end (shown as point A on the Sale Plan). The property is shown on the location and sale plan to the rear of these particulars and can be found on OS Sheet 1:50,000 Number 183, Grid Reference ST709371. Nearest postcode – BA10 0QN. VIEWING Viewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. Please contact the Selling Agents in advance of your visit to arrange a viewing. For your own personal safety, please be aware of potential hazards within the woodland when viewing. The entrance barrier is secured with a combination lock. Please contact the Selling Agent for the access code. DESCRIPTION The woodland is growing on fertile mineral soils, with rainfall averaging 30 inches annual and moderate elevation of 300 feet above sea level, giving excellent growing conditions. The site is designated as an Ancient Woodland Site, indicating continuous woodland cover since at least 1600 AD. In line with current forestry policy, the present owner has embarked on a programme of woodland restoration by the gradual removal of conifers and replanting with mainly broadleaved species such as oak, ash, cherry, alder and small leaved lime. The woodland structure is now quite diverse, attracting birds, butterflies and wild flowers in profusion. Some hazel coppicing has been carried out to renovate the stools and improve biodiversity. A few stands of Norway spruce remain, which could be removed to generate a small amount of income.

The excellent main approach road links with a comprehensive track system, which, apart from being a delight to walk, provides above-average internal access. Bridges have been constructed to cross the small watercourses in the wood. The present owner’s policy is to allow permissive access to the public to enjoy the peacefulness of the wood. The purchaser may have other priorities and wish to enjoy the enviable privacy of the property. MANAGEMENT The wood is currently managed by Oliver & Lang Brown, Redlynch, Bruton, Somerset BA10 0NH. (01749) 812244. Their Mr Peter Munford will be pleased to discuss future management with prospective purchasers. TAXATION After two years’ ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances, it is possible to rollover Capital Gains into the proportion of the purchase price attributable to the value of the land. SPORTING RIGHTS The sporting rights are reserved to the Lessors. The Lessees may shoot deer, wood pigeon and any vermin. There are increasing numbers of Roe deer in this part of Somerset, which may offer stalking opportunities. MINERAL RIGHTS Mineral rights reserved to the Lessor, but the Lessee may use stone or sand for road building. FENCING The Lessee assumes responsibility for any fencing required to protect restocked areas. RIGHTS AND EASEMENTS The woodland will be sold subject to and with the benefit of all rights, including rights of way, whether public or private; light, support, drainage, water, gas, electricity and any other easements.

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WAYLEAVES & THIRD PARTY RIGHTS The woodland will be sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. PLANS AND AREAS These are based on the Ordnance Survey and are for reference purposes only. The purchasers shall be deemed to have satisfied themselves as to their accuracy and any error or mis-statement shall not annul the sale, nor entitle any party to compensation in respect thereof. TENURE Leasehold. The property is held on a 999-year lease from 1940. The annual rent is £12 and is fixed for the full duration of the lease. The rental has been paid for the current year. A copy of the lease can be viewed on the Selling Agents’ website – www.johnclegg.co.uk METHOD OF SALE Pink Wood is offered for sale by Private Treaty. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted. ANTI-MONEY LAUNDERING COMPLIANCE (AML) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, came into force on 26 June 2017. This requires us to undertake due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence, along with proof of funds for the purchase, before the transaction can proceed. For further information, please contact the Selling Agents. SOLE SELLING AGENTS John Clegg & Co, 15 Dyer Street, Cirencester GL7 2PP Tel: 01844 291384 Ref: Tanya Gato MRICS

IMPORTANT NOTICE John Clegg & Co, its employees and clients, give notice that: 1. These particulars (prepared in November 2019) do not constitute, nor constitute any part of an offer or contract. 2. All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co or the vendor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. Any intending puchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. No warranty is given for the health of the trees within the property for sale. 6. The vendor, nor John Clegg & Co or any person within its employment, does not have any authority to make or give representation or warranty, in relation to this property.

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John Clegg & CoCHARTERED SURVEYORS & FORESTRY AGENTS

Scotland: 0131 229 8800 England: 01844 291384 Wales: 01600 730735John Clegg & Co is the forestry division of Strutt & Parker, a trading style of BNP Paribas Real Estate Advisory & Property Management UK Ltd,

a private limited company registered in England and Wales with registered number 4176965 and with registered office address at 5 Aldermanbury Square, London EC2V 7BP

PINK WOOD

www.johnclegg.co.uk

Produced by Pear Technology Services Ltd. www.peartechnlogy.co.uk info@peartechnology.co.uk

Not ToScale

This plan is only for the guidance of intending purchasers. Although believed tobe correct, its accuracy is not guaranteed and does not form part of any contract.Reproduced by permission of Ordnance Survey on behalf of the Controller of

Her Majesty's Stationary Office, Crown Copyright. All rights reserved.Licence No. 100023148

Gloucestershire

15 Dyer StreetCirencester

GL7 2PP

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