Priesthaugh Forest, at Teviothead near Hawick, is a productive commercial conifer forest with strong yield classes and extensive mature timber ready for harvesting.
Extending to 776 ha on a sheltered site with fertile upland soils, the forestry comprises 83 per cent Sitka Spruce.
Partner at Goldcrest Land and Forestry Group, handling the sale, Jon Lambert, said: “We are delighted to bring this exceptional forest to the market. With strong yields and immediate income potential from the mature timber, this is an outstanding property which benefits from an excellent internal forest road network and access to major processors via agreed timber transport routes.
The sale comes at a time of continued buoyancy in the commercial forestry sector.
Mr Lambert said: “The market continues to perform extremely well with demand far outstripping supply and a seemingly insatiable appetite for timber globally. I can’t remember a time when there has been so much demand for forestry and woodland. This is a prime property and we are confident it will attract significant demand.”
