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One of Scotland’s largest estates to be put up for sale in recent years has been sold for more than it’s £11m guide price by Kight Frank and Miller Harris. 
 
The 28,300-acre Auch & Invermearan Estate in Argyllshire and Perthshire offers significant income potential from generating hydro-electricity, which attracted much of the interest.
 
In total, Auch & Invermearan has the potential for 15 hydro-electric schemes, one of which has already been commissioned, generating a gross income of £245,000 in its first year of operation. A further three sites have been granted planning consent and the necessary licences. 
 
Clive Hopkins, Head of Knight Frank Farms and Estates, comments: “The sale of Auch and Invermearan is not only one of the largest sales north of the border but also one of largest sales in the UK this year, despite the upcoming Referendum.”
 
Ran Morgan, Head of Knight Frank Scotland, ads: “Despite all the hype over independence, there is a real appetite for Scottish land holdings from investors, especially from overseas. They are particularly interested in estates that can produce significant income in the form of renewable energy, a massive resource for Scotland, or via a commercial agri-business.” 
 
“This is the second £10m+ sale that we have completed in the last 18 months that has attracted interest from around the globe and been sold to investors out with Scotland.” 
 

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