The Courier & Advertiser (Perth and Perthshire Edition)

Forestry plantation for sale offers future income

Woodland on offer in two lots or as a whole in ‘stunning’ Argyll location

- Gemma mackenzie

An extensive commercial forestry plantation at the head of Loch Fyne has been launched to the market with a price tag of offers over £8 million.

Dunderave Forest, which stretches across more than 3,050 acres, is being offered for sale in two lots or as a whole.

Marketing agent John Clegg & Co said the forest, located near Inveraray in Argyll, boasts significan­t potential for timber revenue both now and in the future.

The majority of the main commercial forest, which was establishe­d between 1971 and 1994 on the slopes overlookin­g Loch Fyne, comprises high-yielding Sitka spruce of which a large proportion is ready for felling now.

The forest, which dates back to 1850, also features Oak and other native trees as well as mixed broadleave­d species planted on the lower ground.

“Dunderave is an exceptiona­l forest in a stunning location,” said Fenning Welstead from John Clegg & Co’s Edinburgh office.

“This is an opportunit­y to buy a large commercial forest which is ready for production with a rolling programme of harvesting that will take place over the next 20 to 25 years.”

He said the forest was part of a large productive timber catchment area in west Argyll and its timber was largely dispatched to processors in south-west Scotland, north-west England and Ireland.

“There is a long-term forest plan in place, although the new owners are able to review elements of the plan in partnershi­p with the Forestry Commission,” added Mr Welstead.

“This forest investment will not only provide a good return from tax-free income from timber sales, but also capital appreciati­on.

“It is an unusual offering – forests of this size do not come to the market very often – and I expect it to attract significan­t interest.”

 ??  ?? Dunderave Forest features more than 3,000 acres of trees including Sitka spruce, which is ready for felling.
Dunderave Forest features more than 3,000 acres of trees including Sitka spruce, which is ready for felling.

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