Marketing valuation draft 8.11.18

Strictly Private & Confidential

20 November 2018

Scope of Work Further to our inspection of the property on 6 th November 2018, you have asked us to report to you with a marketing valuation of Southfields Farm, Chinnor Road, Bledlow Ridge, High Wycombe, Buckinghamshire, HP14 4AW.

The property comprises the following:

• 4 bedroom farmhouse (subject to an Agricultural Habitation Restriction) • 37.50 acres of pasture land in 3 enclosures • Farm buildings • Former farm buildings with commercial use (no change of use planning). • Former farm building with permission for B1 (office) (under permitted development) We report to you both and Mathew Westerman as in this instance, Mathew has expressed an interest in buying the farm. If that deal cannot be reached we would look to market the property for you. Terms This report, along with the enclosed Terms of Engagement, set out the basis of the agreement between us if you instruct us to market your property. This document and the attached Terms of Engagement should be read in conjunction, as amongst other things, they limit our liability to you. They also set out how we deal with confidential information about how Market Values are dealt with during this instruction, unless you specifically want to instruct us otherwise. Please note that this report if not a formal valuation, undertaken accordance with the RICS Valuation Standards (the Red Book). It is prepared solely for the purposes of marketing the property and must not be used for any other purpose. A formal valuation can be provided if required. Tenure The Freehold of the property currently has Vacant Possession, except the commercial licences which are currently in the former agricultural yard. However, we would look to regularise these licences as part of the preparation for marketing/ sale, if the property is exposed to the open market.

The Property Southfields Farmhouse

A dormer bungalow of brick construction, with an Agricultural Habitat Restriction. The accommodation comprises:

Ground Floor

• Entrance hall – 2.44m x 2.00m plus 2.59m x 1.65m • Boiler room – 2.98m x 1.57m • Office – 1.90m x 2.53m • Kitchen – 2.73m x 3.86m plus a further 4.30m x 4.16m (being the dining room area) • WC – 2.16m x 1.43m • Dining room – 3.67m x 6.54m • Sitting room – 4.28m x 6.48m

BROWN&CO

Page | 5