Land At Muirhead

SITUATIONThe Land at Muirhead is situated in a productive area in the county of Aberdeenshire. The land extends to 6.57 acres (2.66 hectares) and is currently in grass, being partially fenced. The land is capable of a variety of uses including agriculture, equestrian, amenity and forestry. The area is well resourced in terms of agricultural infrastructure, being well served by a number of grain merchants, agricultural suppliers and machinery dealers, in addition to the Machinery Ring. Marts can be found in Inverurie and Huntly with abattoirs being situation at Inverurie and Portlethen.DESCRIPTIONThe Land at Muirhead lies approximately 150 metres above sea level in a productive areas of Aberdeenshire. According to the James Hutton Institute the land is classified as Grade 3(2) and it is registered for IACS purposes.GENERAL INFORMATIONLOCAL AUTHORITYAberdeenshire Council, Gordon House, Blackhall Road, Inverurie, AB51 3WB. Telephone 01467 533200.RURAL PAYMENTS AND INSPECTION DIRECTORATE (SGRPID)Thainstone Court, Inverurie, AB51 5YA, Tel: 0300 244 6822.METHOD OF SALEFor Sale as a WholeSPORTINGSThe Sporting Rights are included in the sale insofar as they are owned.MINERALSThe Mineral Rights are included in the sale, insofar as they are owned.TIMBERAll fallen and standing timber is included in the sale insofar as they are owned.POSSESSION AND ENTRYVacant possession and entry will be given on completion or such mutual time to be agreed by the seller and the purchaser.INGOING VALUATIONThe purchaser(s) 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:All cultivations and growing crops on a seeds, labour, lime, fertilizer, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops.All hay, straw fodder, roots, silage and farmyard manure and other produce at market value. All oils, fuels, fertilizers, sprays, chemicals, seeds and sundries at cost.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 the 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 the Bank of Scotland borrowing rate as adjusted from time to time.DEPOSITA deposit of 10% of the purchase price shall be paid within seven days of the completion of Missives. The deposit will be non-refundable in the event of the purchaser(s) failing to pay the purchase price or failing to complete for reasons not attributable to the seller of the seller’s agents.HEALTH & SAFETYThe property is an agricultural holding and appropriate caution should be exercised at all times during inspection.MORTGAGE FINANCEGalbraith are approved agents for the Agricultural Mortgage Corporation (AMC) and we can assist you in securing finance loans for a variety of farming purposes including the purchase of land and property, facilitate and reschedule debt, and to provide working capital for diverse creation, and improving on erected farm buildings. For further details and to discuss any proposals in connection please contact Alistair Christie on 0800 3899448. Email: alistair.christie@galbraithgroup.comCLOSING DATEA closing date may be fixed. Prospective purchasers who have noted their interest through lawyers to Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously. The Seller will not be obliged to accept the highest, or indeed any offer, and has the right to accept an offer at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred by interested parties.OFFERSFormal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to Galbraith, 337 North Deeside Road, Cults, Aberdeen, AB15 9SN.ANTI MONEY LAUNDERING (AML) REGULATIONSPlease note that under the 2017 AML regulations we are legally required to carry out money laundering checks against purchasers. Upon verbal acceptance of an offer, we require to identify the purchaser for Anti-Money Laundering purposes.Our service provider ‘First AML’ will contact the purchaser to gather the required identification documents. An information sheet is available from the selling agent on request. We are not able to enter a business relationship with a purchaser until they have been identifiedFailure to provide required identification may result in an offer not being considered.THIRD PARTY RIGHTS AND SERVITUDESThe 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. The property is also sold subject to the rights of public access under the Land Reform (Scotland) Act 2003.ACCESSAccess to the land is directly from the public road network.SERVICESIt is understood that mains electricity and water are available nearby. Buyers are advised to make their own enquiries in respect of both.