Kinpurnie, billed as one of the finest and most valuable agricultural, residential and sporting estates in Scotland, is for sale for the first time in a century, for £29m.

Ring-fenced, the 5,400-acre Angus estate, which has been in the hands of the shipping dynasty Cayzer family since 1905, comprises two principal houses, farmland, woodland, property, commercial and leisure enterprises, six privately-owned lochs and an exceptional driven pheasant shoot.

Most of the farmland, ranging from fertile Grade 2 and 3 land in Strathmore to hill ground, is in-hand, with the remainder coming back in-hand on 31 December 2014. The agents say there is a unique opportunity to create a significant in-hand farming operation incorporating cereal, vegetable and livestock enterprises. A number of traditional steadings and modern farm buildings offer further potential.

The estate has two main houses, extensive estate dwellings and eight luxury holiday cottages. Kinpurnie Castle itself is an impressive listed mansion built in 1907 in a Scots baronial style. An imposing exterior disguises what is described as a “surprisingly manageable” home; it also enjoys a walled garden and sweeping views to the Grampian Mountains and the Highlands. Thriepley House, more recently constructed, and latterly the home of Sir James Cayzer until his death last year, overlooks the Italianate gardens and its own private loch.

Kinpurnie includes almost 1,000 acres of woodland, about a third of which is commercial mixed conifers and the remainder mixed broadleaves. The estate’s high pheasant shoot has 22 principal drives, some of which are considered to be among the most challenging in Scotland. In the past it has also produced exceptional partridge drives. Other sporting includes roe deer stalking and fishing.

“An estate with any one of these assets would be special,” says Justin Marking of Savills, “but to find one with all of them, including exceptional sporting facilities, is almost unheard of. Kinpurnie has all the ingredients of a classic well-maintained country estate, coupled with significant commercial and leisure potential which could produce substantial further income.” (Savills 0207 016 3780 and CKD Galbraith 01738 451 111)