A wood in the heart of the Cotswolds is for sale with a price tag of £1 million.
Guiting Wood, near Stow-on-the-Wold, Gloucestershire, is one of the largest in the Cotswolds to come on to the market in recent times.
Set in the heart of the Cotswolds Area of Outstanding Natural Beauty, it includes about 392 acres, with 48 acres of beech, the majority of which was planted in the 1940s and 1950s.
There are about another 29 acres of mixed broadleaf trees and small areas of ash, birch, oak, poplar and sycamore.
Oliver Langdale, head of farm agency at Savills estate agents in Banbury, said: "These woodlands have the potential for various leisure uses and there is a wide range of ground flora throughout. "There are considerable benefits to owning this type of property because timber sales are exempt from income tax and do not attract capital gains tax.
"Also, commercial managed woodlands qualify for 100 per cent relief from Inheritance Tax after two years ownership."
The wood also includes Japanese and European larch, 38.3 acres of Norway spruce and smaller areas of Corsican pine and western red cedar.