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The Herald Scotland
06-05-2025
- Business
- The Herald Scotland
Shopping park in Scottish city district put up for sale
Galbraith said Seafield Retail Park in Edinburgh comprises a terrace of three retail warehouse units, a stand-alone retail warehouse and a stand-alone drive-thru restaurant which has been sold on a long lease to McDonald's. The Edinburgh site. (Image: Galbraith) The agent said the stand-alone retail warehouse has recently been subdivided into two drive-to food units and 12 EV charging stations have been created in the car park. Offers in excess of £5.745 million are invited. Portfolio of 11 Scottish forests Aberdeenshire sites are on the market. (Image: John Clegg & Co) A Scottish forest portfolio of 11 properties has been put on the market. All of the forests are for sale as a whole for under £1 million, a forestry agent said, as new figures revealed "strong prices" in the industry. Woodland specialists John Clegg & Co said the commercial forestry market in Great Britain appears to be stabilising, with high-quality plantations maintaining strong values and "cautious optimism" within the sector. Craiglug Wood is part of the Aberdeenshire portfolio on the market at offers over £955,000, and is 88.86 acres. Scottish forest set in 'breathtaking scenery' The Highland forest is on the market. (Image: Landfor) A Scottish forest set amidst "breathtaking scenery" has been brought to the market. The agent said Coille Ruadh West forest has "spectacular views" over the Strath of Oykel and lies approximately 6.8 miles to the west of the popular village of Rosehall. Landfor Chartered Land and Forestry Agency said: "Coille Ruadh West is located at the northwestern end of the expansive Strathoykel Forest complex, which spans over 1,300 hectares of commercial forestry amidst the breathtaking scenery of Sutherland in the Scottish Highlands. "Renowned for its wild and dramatic scenery, the area provides excellent opportunities for fishing and deer stalking. It also benefits from a well-developed road network connecting the east and west coasts of northern Scotland, including the North Coast 500 route." Boutique hotel in historic Scottish location The property is near the castle. (Image: Google) A restaurant with rooms in a historic Scottish city has been brought to the market. The agent said The Orangery is 'developing a reputation as one of Stirling's finest restaurants'. Drysdale and Company is handling the sale of Victoria Square, which includes The Orangery restaurant. The freehold asking price is £1.35 million.
The Herald Scotland
29-04-2025
- Business
- The Herald Scotland
Portfolio of 11 Scottish forests on market for under £1m
Woodland specialists John Clegg & Co said the commercial forestry market in Great Britain appears to be stabilising, with high-quality plantations maintaining strong values and "cautious optimism" within the sector. Craiglug Wood is part of the portfolio. (Image: John Clegg & Co) Craiglug Wood is part of the Aberdeenshire portfolio on the market at offers over £955,000, and is 88.86 acres. The firm's annual Forest Market Review shows that while there was a further softening of average values in 2024 there is a much more nuanced picture behind the headline figures. "We continue to see strong prices paid for well-located, quality plantations - typically second-rotation spruce in southern Scotland," said Simon Hart, head of forestry in Scotland. "Lower-yielding crops are inevitably worth less, so this alone accounts for the apparent drop in average values when looking year-on-year." READ MORE: In 2024, 29 forests were sold in Great Britain during 2024, which is more than in 2023 when 20 were sold but below the five-year average of 44. The total market value was a little under £94m, over double the amount in 2023, but below the five-year average of £151m. Sales prices averaged 107% of guide prices, a slight rise on 2023 levels but below historic trends, pointing to a steady but selective market. The majority of forestry sold was in Scotland. In terms of the market outlook, Mr Hart said there are new funds being drawn into UK forestry.
