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Commercial Property for sale

Chessell Pottery

Withdrawn from Market £995,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated in Calbourne to the West of the Island just off the B3399, this great site is within a short drive of the towns of Yarmouth, Freshwater and Newport.

DESCRIPTION
Originally known as Chessell Farm, the site was a renowned stud farm for prize-winning Suffolk Punch heavy horses. Today it trades as Chessell Pottery Barns, a very popular tourist destination and offers a range of outbuildings suited to varying uses.

The current accommodation comprises a pottery studio with several large kilns, a gift shop within the old stone walled barn, a fully equipped licensed café providing approximately 40 covers with kitchen adjoining, plus further café seating on two galleried mezzanine levels providing a further 55 covers. Adjacent to the shop are some staff areas with storage and office space.

Across the pleasant grassed courtyard, which also provides approximately 60 covers under a Weeping Willow tree, is a fully equipped production kitchen.

Backing on to the lawn are two residential units, one for managers' accommodation and one for holiday letting. The Old Stables is a spacious barn conversion offering 4 bedroom accommodation with a lovely open plan living area with log burning stove. The Little Stables is a smaller cosy holiday let offering 3 bedroom accommodation with open plan kitchen and living space.

Both of these units benefit from parking and private gated garden areas.

To the southern side of the site are two large Atcost barns currently utilised as storage space. The western end of this is currently let to a local stonemason.

There is previous lapsed planning permission for both of these barns to be converted into 6 holiday cottages, although we have been advised by the vendor that the local planning department will also allow the conversion of these barns into another managers' accommodation/house.

The site benefits from a new waste water treatment plant installed in 2012, giving plenty of capacity for any future developments on the site.

Also included is a large pond with feature walkway and small field which can be used as overflow parking space.

Parking is available to the front of the Café and also to the rear of the site.

The site is currently serviced by mains electric and water and LPG gas.

SERVICES
The site is currently serviced by mains electric and water. There is Calor gas to heat the water system and LPG supplying the holiday cottage and current managers accommodation.

TERMS
Our client is asking for Offers in the Region of £995,000 + Stock at Valuation. A full inventory can be provided upon request.

OUTGOINGS
The business rates website shows a current rateable value of £12,750, approx. rates payable £6400, although the 2017 draft valuation shows this as being £11,250, approx. rates payable could be in the region of £5,600.

We have been advised that in 2017 properties with a rateable value of £12,000 or less could be eligible for up to 100% business rates relief, subject to certain criteria. Please contact your local rating department for further information.

PARKING NOTES
Parking is available to the front of the Café and also to the rear of the site.

VIEWING
All viewings to be undertaken by HRD Commercial. Please contact 01983 527727.


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