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888 acres, Blairgowrie, Perth and Kinross, Central Scotland
Sold (STC) - Offers Over £7,600,000

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Situation
Rosemount and Parkhead Farms are situated in the heart of the Vale of Strathmore, an area known for its fertile soils and ability to grow soft fruit, which stretches from Perth in the south west to Stonehaven in the north east.

The settlement of Rosemount lies immediately to the west, with the town of Blairgowrie just one mile to the north west.

Blairgowrie has an excellent selection of local
shops whilst the larger regional centres of Perth
and Dundee are within easy reach and provide
the breadth of retailers one would expect of
major urban centres together with professional
services and good leisure facilities. Dundee
built its fortune on the industries of jute, jam
and journalism. Today the city, which has two
universities and the largest teaching hospital
in Europe, is going through a period of revival
with a billion pound waterfront redevelopment
including the V&A museum.

The M90/A9 are about 18 miles away via the A93 and provide convenient access both north and south. There are rail services from Perth and Dundee to London including a sleeper service. The nearest airport is Dundee Airport which has direct services to London Stansted with onward connections to many European destinations, while Edinburgh and Glasgow Airports provide a wide range of domestic, European and international flights.

The area is well served by numerous grain
merchants and agricultural suppliers including
East of Scotland Farmers at Coupar Angus. There is a local machinery ring which can provide additional labour and machinery resources as required.

Description
Extending to approximately 888 acres in total, Rosemount and Parkhead Farms form one of the largest commercial arable farming units to be offered for sale, in the locality, in recent years. The two highly productive arable farms are currently managed as one unit, centred around an excellent range of farm buildings with a number of cottages. The farm also benefits from additional income from a telecoms mast and BBC relay.

The land is classified as a mixture of Class 2, 3(1) and 3(2) by the James Hutton Institute for Soil Research and has excellent working depth consistently across the farms. The soil belongs to a mixture of the Alluvial, Gourdie, Callander, Strathfinella, Corby, Boyndie and Dinnet soil associations and is capable of producing excellent yields of the full range of arable, vegetable and soft fruit crops, the latter benefitting from the long daylight hours in summer.

The farms lie within a single contiguous block and have good access via either a minor public road intersecting the farms or good internal hard tracks.

The fields are of a good workable size and layout. The land is generally flat, albeit there is gently sloping land near to the Monk Myre Loch.

The present farming system is based on a rotation involving winter wheat, spring barley, peas, soft fruits, carrots and potatoes.

The majority of the land is farmed in hand via a contract farming agreement (expires 06/10/2019) with land let for soft fruit production on a short limited duration tenancy (expires 21/11/19).
The farm is offered for sale as a whole or in up
to three lots as follows:

Lot 1: Rosemount Farm — 445 Acres

Land

Lot 1 extends to 445 acres in total and includes 369 acres aable and 39 acres pasture/grazing. The land is gently unulating with a largely south facing aspect and lies from 9m to 81m above sea level. It is contained within a ring fence and is classified as Class 2, 3(1) and 3(2) by the John Hutton Institute for Soil Research.

To the south of Lot 1 lies Monk Myre Loch, a designated Site of Special Scientific Interest (SSSI). The fishing on the loch is let to a local angling club. The land can be irrigated from the loch which is pumped to water storage tanks situated centrally
within the farm building complex.

Telecoms Mast and Relay Station
There is a telecoms mast, the lease over which is being renewed under tacit relocation. There is also a BBC relay mast site to the rear of the Rosemount farm buildings, which is likewise renewing under tacit relocation.

Farm Buildings
Rosemount Farm benefits from extensive modern buildings with good access off the public road for lorries and farm machinery.

The buildings are serviced by three phase electricity and are largely surrounded by concrete aprons and yards. There is an Alvan Blanch continuous flow grain dryer, capable of drying 30 tonnes per hour, situated centrally with a large open area of concrete used for temporary storage of grain.

1. Workshop
Steel portal frame construction with block walls, insulated profile sheeting roof and cladding. The shed has a concrete floor with access provided by two manual roller doors. There is a 50 tonne weighbridge to the rear.

2. Grain Store
Steel portal frame construction with reinforced concrete grain walling to 4m, profile steel cladding and roof. The store has a concrete floor and a central divide to allow greater crop storage flexibility. The grain is loaded by a central conveyor and the shed has a capacity of 3,000 tonnes. The sheds are accessed by two electric roller doors.

3. General Purpose Store
Concrete portal frame construction with harled brick walls, concrete floor, access provided by two sliding doors under a double pitch corrugated roof. There is an adjoining cold store which has been used for storing soft fruits.

4. Grain Store
Steel portal frame construction, steel grain walling to 3m, profile sheeting roof and cladding. The store has an aerated concrete floor and is accessed by a sliding door. There is an intake hopper which serves a ridge mounted conveyor for filling the shed.

5. General Purpose Store
Steel portal frame construction, profile sheet roof and cladding. The store has a concrete floor and is used for storing machinery and straw.

Residential
Rosemount Bungalow is located to the south of the farm buildings and is accessed through the farmyard. It is of harled brick construction under a pitched tiled roof and benefits from double glazing. The accommodation is laid out over a single storey and comprises a hallway leading to three bedrooms, a kitchen, sitting room, study and a family bathroom. The property is largely enclosed by a hedge with a small garden to the rear mainly laid to lawn.

Rosemount Cottages No.1 & 2 are a pair of semidetached cottages located on the drive into the main farm steading area. The cottages are of harled brick construction under a pitched tiled roof and benefit from double glazing. The accommodation in each cottage can be summarised as follows:

hallway, sitting room, kitchen, bathroom, three
bedrooms and integral garage. Each cottage has a
garden to the front and rear.

Beechfield and Ashlea are two semi-detached
cottages situated adjacent to the public road
beyond the entrance to the farm buildings. The
cottages are of harled brick construction under
a pitched tiled roof and benefit from double
glazing. The accommodation in each cottage can
be summarised as follows:

hallway, kitchen, utility room, sitting room, bathroom and three bedrooms.

Each cottage has a garden to the front and rear.

Lot 2: Parkhead Farm — 322 Acres

Land
Lot 2 extends to approximately 322 acres in total and includes 285 acres arable and 4 acres pasture/grazing. The land gently rises from the River Ericht, which forms the north and east boundaries, from 36m to 62m above sea level. Lot 2 can be irrigated from the River Ericht which is pumped to water storage tanks situated adjacent to the general purpose shed adjacent to the seasonal workers' accommodation site.

Farm Buildings
The farm buildings at Parkhead were formerly utilised as a dairy building and are now generally unused. The buildings have previously benefitted from planning permission (application number 09/00133/ FLL) for 11 houses spread across the site including the existing cottages.

1. Traditional Range
Constructed of stone under a slate roof, comprising the former milking parlour, bulk tank room and stores.

2. Calving Shed
Steel portal frame construction over former traditional stone and slate buildings, concrete floor, part Yorkshire boarding and corrugated roof.

3. Workshop
Timber frame construction clad and roofed in
corrugated iron.

4. Cubicle Shed
Steel portal frame with timber sleeper walls,
concrete floor and corrugated roof.

5. Loose Housing
Steel portal frame, concrete floor with a corrugated roof.

6. Feed Store
Steel frame with profile sheet cladding and roof with a concrete floor.

7. General Store
Steel frame with corrugated tin cladding under a corrugated roof.

There are two former dwelling houses, Dairyman's Cottage and a Bothy, which require full refurbishment.

On the western boundary of Parkhead there are a number of static mobile homes and a general purpose store. The general purpose store is of steel portal frame construction under a double pitch profile sheet roof. The store is currently used as an
accommodation block for seasonal workers and includes shower, WC facilities and communal areas.

Residential
Wester Parkhead Farmhouse and Cottage lie adjacent to the public road at the entrance to the farm buildings. The farmhouse is currently in a poor state of repair and is in need of full refurbishment, but would be an ideal site on which to build a new farmhouse (subject to obtaining the
necessary planning consents) at the heart of the larger farm. The cottage adjoins the farmhouse and lies adjacent to the Parkhead driveway. It is of
stone construction under a pitched slate roof with a single storey harled block extension. The layout and room dimensions are as shown on the
accompanying plans.

The farmhouse and cottage are surrounded by gardens and a shared courtyard area for parking.
Easter Parkhead Cottages No.1 & 2 are a pair of semi-detached cottages sited at the end of the access road to the farm steading at Easter Parkhead.

The cottages are of harled block construction under a pitched tiled roof.

The accommodation of each cottage can be summarised as follows:

hallway, kitchen, sitting room, bathroom, three bedrooms and adjoining garage.

Each cottage has a garden to the rear and side of the property.

Lot 3: North Rosemount — 121 Acres

Land

Lot 3 extends to approximately 121 acres in total and includes 110 acres arable and 2 acres pasture/grazing. The land comprises 5 enclosures with direct access off the public road which forms the southern boundary to Lot 3. The land gently rises from 50m to 74m above sea level with a slight northerly aspect.

Owned but Excluded
Station Field extending to 57 acres, is being retained and will be made available to rent to the purchaser(s) of Rosemount and Parkhead Farms.

Rosemount Cottages No. 3 & 4 have recently been renovated to form two attractive cottages. Each cottage has two bedrooms, sitting room, kitchen
and a bathroom and have been finished to a high standard. The cottages have private parking to the front with private enclosed gardens with decking areas to the rear. The westmost end of the row of
cottages is used as the farm office but offers potential for conversion back to residential use, subject to the necessary consents.

General Remarks and Information

Viewing
Strictly by appointment with either of the
selling agents. Given the potential hazards of
a working farm, we request you take care when
viewing the property, especially around the
farmyards. Internal viewing of Wester Parkhead
is prohibited (for health and safety reasons).

Directions
From the south and Perth take the A93 toward
Blairgowrie. Continue on this road through Scone and Guildtown. Cross the River Isla and continue for approximately 1 mile. Turn right onto the B984 signposted Coupar Angus.

Follow this road for approximately 3 miles and turn left at the crossroads. On entering Rosemount take the right-hand turn signposted for Parkhead. Follow this road and the farm buildings will be on your right-hand side. The postcode is PH10 6LP.

Entry and possession
Vacant possession and entry will be given
subject to such existing agreements as may not
have expired as at a mutually agreed date of
settlement.

Fixtures and Fittings
The fixtures, fittings and light fittings in the
vacant houses will be included within the sale.
Purchasers should be aware that certain fixtures
and fittings may be owned by the tenants and
therefore excluded.

Energy Storage Compound
The seller will reserve a head lease of up to 30 years over up to 2.5 acres of land to the north-east of the steading at Parkhead Farm for the development of a utility scale battery storage facility, where the tenant will have full responsibility for reinstatement of the land at the end of the term. Further details are available on request from the seller's agents.

Services, Occupancies, EPC Rating & Council Tax
The properties are sold subject to and with the
benefit of all existing private and mains services
including electricity, drainage and water.

Ingoing Valuation
The purchaser(s), in addition to the purchase
price, will be obliged to take over and pay for at a valuation to be agreed between two valuers, one acting for each party, or an arbiter appointed by the valuers, or failing agreement as to the appointment by the President, for the time being, of the Royal Institution of Chartered Surveyors (Scottish Branch), the following items so far as belonging to the seller and not excluded by the seller from the sale:

1. All cultivations carried out in preparation for the current crop valued on a labour and machinery basis.

2. All growing crops, on a seeds, labour, lime,
fertiliser, sprays and machinery basis with an
increment representing the enhanced value of the establishment and age of such crops.

3. All hay, straw, fodder, roots, silage and
farmyard manure and other produce at market value.

4. All oils, fuel, fertilisers, sprays, chemicals, seeds and sundry at cost.

5. All polytunnels including raised tables and
irrigation systems so far as belonging to the seller.

6. All static caravans.

7. Basic Payment Entitlements.

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 interest will become payable on outstanding monies at 5% over Bank of Scotland borrowing rate.

Servitude Rights, Burdens, Wayleaves and Statutory Public and Other Access
Rights
The property is sold subject to and with the
benefit of all existing servitude and wayleave
rights, including rights of access and rights of
way, whether public or private. The property is
also sold subject to the rights of public access
under the Land Reform (Scotland) Act 2003.

The purchaser(s) will be held to have satisfied
themselves as to the nature of all such servitude
rights and others following their solicitor's
examination of the title deeds.

There is a bridleway running east along the
Ardmuir road before turning south over Monk
Myre SSSI.

On the north boundary is a public footpath
(Kitty Swanson's Way) following the River Ericht.
There is a main gas pipeline which runs east to
west through the southern part of the farm.

There are wayleave agreements with Scottish
Hydro-electric and BT.

VAT
The seller has "opted to tax" the land for VAT
purposes. VAT will, therefore, be payable on the purchase price (where applicable), unless the sale meets the requirements to be treated as a transfer of a going concern. Further details are available from the selling agents.

Basic Payment Scheme (BPS)
The Basic Payment Scheme entitlements are not included in the sale but will be available by
separate negotiation. There are 363.03 units of
Region 1 entitlements with a value of €161.14
per unit.

Environmental Designations
Monk Myre Loch is a Site of Special Scientific
Interest (SSSI). There is no management
agreement. The River Ericht forms part of the
River Tay Special Area of Conservation (SAC).

Sporting, Mineral and Timber Rights
The fishing rights on Monk Myre Loch are let on an annual basis. The remaining sporting rights are in hand. In so far as they are owned, the mineral rights are included in the sale. All standing and fallen timber is included in the sale.

Clawback
All of the property shown hatched in red on the
sale plan is subject to a clawback in favour of
the previous owner. Further details are available
from either of the selling agents.

Solicitors
Burges Salmon LLP, Atria One, 144 Morrison
Street, Edinburgh EH3 8EX
Tel: +44 (0) 131 314 2132
email: ross.simpson@burges-salmon.com

Local Authority
Perth and Kinross Council, Pullar House, 35
Kinnoull St, Perth PH1 5GD

Offers
Offers in Scottish Legal Form are to be submitted to either of the joint selling agents.

A closing date for offers may be fixed, and
prospective purchasers are advised to register their interest with the selling agents following inspection.

STIPULATIONS
Purchase Price
Within 7 days of the conclusion of missives a
non-returnable deposit of 10% of the purchase
price shall be paid. The balance of the purchase
price will fall due for payment at the date of entry (whether entry is taken or not) with interest
accruing thereon at the rate of 5% above Bank
of Scotland base rate. No consignation shall be
effectual in avoiding such interest.

Disputes
Should any discrepancy arise as to the boundaries or any points arise on the Remarks, Stipulations or Plan or the interpretation of any of them, the question shall be referred to the arbitration of the selling agents whose decision acting as experts, shall be final.

Plans, Areas and Schedules
These are based on the Ordnance Survey and are for reference only. They have been carefully
checked and computed by the selling agents and the purchaser shall be deemed to have satisfied himself as to the description of the property and any error or misstatement shall not annul the sale nor entitle either party to compensation in respect thereof.

Overseas Purchasers
Any offer by a purchaser(s) who is resident
outwith the United Kingdom must be accompanied by a guarantee from a banker who is acceptable to the sellers.

AML
Prospective purchasers will be required to
produce identification sufficient to satisfy anti-money laundering regulations and checks against the intended purchaser or nominee together with other documentation that may be required, from time to time, in order to support any conditional offers submitted to the seller. The joint selling agents accept no liability of any type arising from your delay or other lack of co-operation. We may hold your name on our database unless you instruct us otherwise.

Lotting
It is intended to offer the property for sale as described but the seller reserves the right to divide the property into further lots, or to withdraw the property, or to exclude any property shown in these particulars. If sold in lots, rights of access, together with any rights to services, will be granted and reserved as necessary including reserving out
of the sale such rights of access and rights to
services necessary to facilitate development
opportunities.

Generally
Should there be any discrepancy between these particulars, the General Remarks and Information, Stipulations and the Missives of Sale, the latter shall prevail.

Apportionments
The Council Tax and all other outgoings shall be apportioned between the seller and the
purchaser(s) as at the date of entry.