2 bedroom equestrian facility for saleExning, Newmarket
Withdrawn from Market £700,000
QUEEN ALEXANDRA STABLES The property represents an opportunity to acquire a training yard which will be close to the proposed development of a hill gallop on the Jockey Club Estates "Racecourse Side" at Newmarket.
Queen Alexandra Stables represents an excellent investment opportunity with a potential return of 4% in terms of rental value.
LOCATION Queen Alexandra Stables is located to the south of Exning, a short distance from the training grounds and facilities on the Racecourse side of Newmarket.
Newmarket is known as the headquarters of racing, with the town currently celebrating 350 years of history with its connection to the thoroughbred racehorse.
The facilities provided in connection with thoroughbreds at Newmarket is unrivalled, with world renowned veterinary practices, the Tattersalls sales venue and an industry worth £210m annually to the local economy
The yard was originally part of the adjacent Harraton Court stables owned by John Lambton, third Earl of Durham in conjunction with nearby Harraton Stud.
Gay Kelleway has had great success whilst based at the stables both at home and overseas in France.
THE STABLES Queen Alexandra Stables is a functional yard of 33 stables with office, tack and feed room.
It has a 5 horse Claydon horse-walker and the yard is in a peaceful area of Exning.
A horse walk owned by Jockey Club Estates is situated 100m from the stables and is a short hack to the facilities on Racecourse Side.
The stables are divided into 8 loose boxes within the main courtyard which also contains the office, 14 boxes within a timber framed barn with tack room and 10 boxes and feed room in an adjacent yard.
TRAINERS COTTAGE The main accommodation consists of a conversion of the frontage to the building and incorporates well planned and presented living areas.
There is scope for further alterations to extend the living accommodation further into the existing one bedroom annexe. The entrance from the stable yard leads to kitchen (4.6 x 3.1m) with fitted units, adjacent to the entrance is a one bedroom annexe with bathroom. The entrance hall leads off to dining room (3.6 x 4.0m), further hall to stairway and to study (4.6 x 2.7m) with adjoining WC.
Stairs lead to a landing with large bathroom (3.8 x 4.7m), bedroom 2 (3.8 x 4.4m) and main bedroom (4.8 x 4.2m) with fitted cupboards.
HEAD LAD'S COTTAGE This also forms part of the frontage to the building and consists of entrance porch to separate WC and also to kitchen (3.3 x 2.5m) and sitting room, (4.6 x 4.3m) which leads to bedroom (3.27 max x 2.9m) with fitted cupboards and en suite bathroom.
AUTHORITIES Forest Heath District Council,
College Heath Road,
COUNCIL TAX / BUSINESS RATES Council Tax: D £1,535.48
Business Rates: R.V £15,000 rates payable £7,200.
METHOD OF SALE The property is offered for sale freehold as a whole
TENURE Vacant Possession
WAYLEAVES, EASEMENTS, COVENANTS AND RIGHTS OF WAY The property is sold subject to and with the benefit of all existing wayleaves, easements, covenants and rights of way.
The purchaser(s) will be deemed to have full knowledge and have satisfied themselves as to the provisions of any such matters affecting the property.
GENERAL NOTES Jockey Club Estates notice concerning the exercise grounds.
Any trainer or permit holder wishing to exercise horses on Newmarket Training Grounds must first contact Jockey Club Estates Head Office.
Trainers wishing to be based in Newmarket and use Jockey Club Estates facilities on a daily basis require written permission from the Managing Director, following an interview. New trainers are provided with a Newmarket Training Grounds Information Pack. This includes information on the location of gallops, opening times, Rules and Regulations, health and safety and useful contact points. Those who wish it are given a tour of the facilities by the Training Grounds Manager.
Energy Performance Certificates (EPCs)
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