Historically two separate training yards, the current owners have developed a state-of-the-art training or pre-training yard incorporating the two yards into one. The yard is well laid out and efficient to run, with an array of veterinary and rehabilitation facilities on site. It is the ideal environment to educate young horses and to produce winners. The opportunity has now arisen for the properties to be offered for sale as a whole or in two lots.

LOCATION

On the Hamilton Road, Shadowfax and Craven House are superbly sited close to the access to the Jockey Club Estate Racecourse Side training grounds. There is also direct access from Shadowfax onto Hamilton Hill, the 3½ furlong Polytrack canter.

Newmarket is the headquarters of British horseracing and is the largest racehorse training centre in the country with facilities that include 2,500 acres of gallops and two racecourses. Newmarket is also home to Tattersalls, Europe's leading Bloodstock Auctioneers; outstanding veterinary practices and equine hospitals; and professionals that serve every aspect of training and breeding thoroughbreds.

DESCRIPTION

Finished to the highest standards, the two training yards are currently operated as one.

LOT 1   Craven House - £1,250,000

The upper part of the property, Craven House Stables has:

• 55 boxes, stores and tack rooms in three courtyards with 2 veterinary or isolation boxes in addition.
• Veterinary examination and radiography facilities.
• Extensive parking
• Craven House, built on the site of the original house as high-quality offices. Within this, there is a kitchen and staff canteen. Extending to around 3,224 sq.ft, this has the potential to be converted back to a residential dwelling, subject to planning approval.

Lot 2   Shadowfax - £900,000

The lower yard, known as Shadowfax Stables, has the following:

• A stable barn of 33 boxes and 4 additional veterinary boxes.
• 3 horse walkers; two 6-bay and one 10-bay.
• A bungalow which has been used as offices and tack rooms, suitable for conversion back to residential. Approximately 1,512ft2.
• Extensive storage and workshops as well as a farrier's forge.
• There is an all-weather trotting ring and track which connects the upper and lower yards.

GENERAL REMARKS

Method of Sale

For sale by private treaty as a whole or in 2 lots with vacant possession upon completion. Note that if sold in Lots, Lot 1, Craven House, will need to be sold before Lot 2, Shadowfax.

Title

The property is held leasehold in two titles:  SK200879 Craven House Stables and SK188044 Shadowfax Stables

The leases were granted in 1987 for 125 years and have 88 years remaining.

Services - Mains electricity, water and drainage. Oil-fired central heating in the office buildings.

Fencing and gates - If sold in Lots, the purchaser of Lot 1 will be required to erect a suitable fence along the boundary with Lot 2, reopen the existing access from Hamilton Road and the equine access to Hamilton Hill, the gallop immediately behind the yard. 

Energy Performance Certificates

The Office, Craven House Band C

The Bungalow, Shadowfax Stables Band D

Local Authority - West Suffolk Council https://www.westsuffolk.gov.uk/

Business Rates - The rateable value from 1 April 2023 is £112,000. If sold in Lots, this will need to be apportioned

VAT - It is understood that none of the property is elected for VAT, although should any sale of the property, or any right attached to it, become a chargeable supply for the purposes of VAT, such tax shall be payable by the buyer in addition to the contract price.

Boundaries, plans, areas, schedules and disputes

The Boundaries are based on the Ordnance Survey and are for reference only. The Purchaser will be deemed to have full knowledge of the boundaries and any error or mistake shall not annul the sale or entitle any party to compensation thereof. Should any dispute arise as to the boundaries or any points arise on the general remarks and stipulations, particulars, schedules, plan on the interpretation of any of them, such questions shall be referred to the selling agents whose decisions acting as an expert shall be final.

Fixtures and Fittings

The fixtures, fittings and equipment may be available to purchase at a reasonable valuation; however they are not necessarily included in the sale of the property.

Gallops

Arranged through Jockey Club Estates Tel. 01638 664151 https://jockeyclubestates.co.uk/

Viewing

To be arranged strictly with the agents, Windsor Clive International. Tel 01672 521155

If interest is in one of the lots only ensure the Lotting details have been obtained from the agents

Directions

On approach to Newmarket from the A1305/A11, turn left onto Hamilton Road. Follow the road for 1 mile. Shadowfax and Craven House are on the right after the corner.

Postcode - CB8 7JQ

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Last Modified 08/10/2024