Glen Loy Woodlands
Location:Near Fort William, Lochaber
Area:228.46 Hectares / 564.52 Acres
Freehold
Price:Offers over £3,000,000
Status:Under Offer
- High volume of maturing commercial timber with good tax benefits
- Approval in place to fell and replant the woodland with 65% of high yielding Sitka spruce
- Stunning location in a highly scenic area of the west Highlands
- Good access on to a timber haulage route
Location
The Glen Loy Woodlands are located towards the head of Glen Loy, a stunning glen with the River Loy meandering down through native woodland with a dramatic views eastwards to the Grey Corries and Ben Nevis. Although very secluded, Glen Loy is only 11 miles north of the busy town of Fort William where there is a range of amenities, hotels and restaurants as well as being a hub for a variety of outdoor attractions and activities.
The area is well known for its excellent growing conditions for timber and especially good quality Sitka spruce along with its outstanding scenery and good access to timber markets with BSW’s sawmill located in Corpach, providing a good local market for sawlog timber as well as jetty facilities for exporting timber by sea.
To locate the woodland please refer to the location and sale plans and the nearest property postcode can be found at PH33 7PD for directions by road.
Description
The Glen Loy Woodlands were established in two separate blocks between 1969 and 1974 with Sitka spruce, Larch and Pine species planted on a peaty gley and podzolic soil type with a southerly free draining aspect and growing at an elevation of between 100m and 310m above sea level. The easternmost section is 100.84 hectares in size and the western section totals 127.62 hectares with a combined title area of 228.46 hectares.
The timber crop is of good quality along the lower slopes and growth is, typically for this area, more variable along the upper slopes. Growing at a yield class of up to 18m3/Ha/Yr in the Sitka spruce with the Larch up to 12 and Lodgepole pine up to 10 and all now ready for harvesting. In 2017 the crop was measured and based on this data and growth rates the crop is now estimated to be standing in excess of 100,000m3.
Both woodlands have felling and replanting approval through a Long Term Forest Plan (LTFP) which was granted on the 13 August 2020 with felling approval for a ten year period. Whilst there are two distinct blocks, they are treated as one forest property for management purposes. The Glen Loy Woodlands present the opportunity to generate a swift return on investment from tax free timber sales over the next 5 years, along with approval to replant 65% of the woodland with Sitka spruce to maximise the future timber growth over the next rotation.
The next rotation is also expected to produce a much higher average yield class with the use of improved Sitka spruce growing stock which is well suited to the soil and climatic conditions in Glen Loy. A copy of the Long Term Forest Plan is available from the Selling Agent.
Please refer to the sale brochure and view the short film for further information.
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