Savills forestry investment team will buy a woodland plantation close to Glasgow.
The plantation is located in highly accessible Skiff Wood, Renfrewshire and will provide buyers with an opportune moment to invest in an attractive mix of woodland including the Sitka spruce as a primary timber. The woodland is built on a 43-hectare land property and dates as far back as the 1920s and 1950s, although the majority of the commercial timber was planted in 2000. Replanting began in 2012, with the most recent in 2020.
The woodlands host a mix of ‘wood with character’ which means that it has a circular track, with scope to clear and improve a number of viewpoints.
The woodland will be inclusive of mineral rights and sporting rights that have vacant possessions with an agreement to manage the deer population in the woodland. The sale includes both standing and fallen timber and it does not have access to any current forestry grant schemes.
James Adamson of Savills said that the woodland would give the buyer the opportunity to be back in nature with the plantation spreading out over the Renfrewshire Hills and towards distant Ben Lomond with great views. At the same time, yielding returns as a commercial timber business over time. He also mentioned that the timber is mostly at the mid-rotation stage and 15 years away from harvesting.
James went on further to say based on the forecasted prices the plantation is attracting a lot of interest from both commercial and lifestyle buyers.