if it is outdoor cladding, exposed to the weather, it will probably not have a very smooth finish, and there will be a lot of it. Trying to sand timber that is not flat is no good.
Mine was previously treated with Shed and Fence stain, and I blasted it off with a Jet Washer. The jet washer also takes off any eroded or weathered grey patches off the surface ready for treating. The nozzle, if close, works very fast.
I have now used linseed oil, which lasts well, and new coats can be applied over the top. There are also decking oils which should be similar. A dark colour has the advantage of hiding any patchiness or black stain in the timber. I actually used clear untinted boiled oil, but I treated the surface with Cuprinol preserver, and Colron dye, before oiling. The first few coats of linseed are thinned with white spirit to soak in, and you can mix Colron with the white spirit. All topcoats of oil are clear.