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£1,100,000

Lot Racedown Dairy, Thruxton Down, Andover, Hampshire, SP11

  • 3 beds
Bungalow

£1,100,000

  • 3 beds
Bungalow
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Estimate monthly mortgage payment:

£5,022 per month

Minimum deposit amount:

£55,000
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A genuinely rare opportunity to acquire a diverse farm with residential, agricultural, equestrian and commercial interests. Potential to adapt and develop for a range of purposes (subject to planning). Enviable rural position with far reaching views over its own land but close to the A303 with good communication links nearby. Available as a whole (157.69 acres/63.81 hectares) or in two lots. LOT 1 | Racedown Dairy | Guide Price: £1.1M A compact smallholding of about 12.03 acres (4.86 hectares) comprising: (A) Four Winds - a 3-bedroom bungalow of conventional brick/block construction under a concrete tile roof. The accommodation layout and approximate room sizes are shown on the enclosed floor plans. Internally, the bungalow would benefit from some updating and refurbishment. The bungalow benefits from independent access off Thruxton Road with a secondary access (shared with the remainder of the farm) leading to off-road parking and a 2 bay car port/garage (B). Externally, Four Winds sits centrally within a good size plot of about 0.32 acres, which is laid mostly to lawn with two patio areas adjacent to the dwelling. (C) Stable Barn – a steel framed structure under a cement sheet roof which has been over-clad with steel box profile sheet. Enclosed with a mixture of concrete blockwork, brick, timber and cement/corrugated iron sheet cladding. The Stable Barn benefits from planning permission (Ref: TVN.03721/5) for livery use and has previously been let-out for DIY livery purposes. (D) Store – concrete block construction under a steel box profile roof with concrete floor. (E) Barn 1 – steel framed building under a curved corrugated iron roof. Enclosed with a mixture of concrete blockwork, corrugated iron, cement sheet and steel box profile cladding. (F) Barn 2 – a steel framed building under a corrugated cement sheet roof, enclosed on three sides with corrugated iron sheet cladding. Barn 1 and Barn 2 have previously been let for commercial storage purposes but with no formal planning consent in place. (G) The Old Dairy – concrete block construction under a cement sheet roof and divided internally into 3 separate units. Previously used for storage purposes. (H) Workshop – steel frame construction under a cement sheet roof enclosed with concrete blockwork and steel box profile sheeting. The Workshop benefits from planning permission for hand craft metal working (Ref: TVN.03721/7) but has been used as an automotive bodyshop for a number of years. The Workshop is currently let to Andover Hyperformance under a commercial lease which expires on 30 April 2025. A copy of the lease is available upon request. (J) Hay Barn 1 – a five bay open-sided barn with lean-to of steel frame construction under a cement sheet roof. (K) Hay Barn 2 – a five bay open-sided barn of steel frame construction under a cement sheet roof. Paddocks – surrounding the yard/buildings and extending to approximately 8.45 acres (3.42 hectares), providing year-round turnout for horses kept in the Stable Barn livery. Please see enclosed plans for further details. OVERAGE / DEVELOPMENT UPLIFT It is proposed Lot 1 will be sold subject to a development uplift clause which will run for 30 years. This clause will reserve to the seller 30% of any increase in the value of the land arising from the grant of planning permission for any development outside of agricultural or equestrian use. Any re-development or replacement of Four Winds shall not trigger the overage. GENERAL INFORMATION LOT 1 EPC RATING: D COUNCIL TAX BAND: E (Four Winds) BUSINESS RATES: The Workshop has a rateable value of £7,200 with effect from 1 April 2023 and is described as ‘workshop and premises’. WATER: Metered mains supply to Four Winds. Secondary private borehole supply, which serves the land/buildings and 3 neighbouring landowners. DRAINAGE: Private drainage to septic tanks. ELECTRICITY: Mains electricity supply with smart meter fitted within Four Winds. HEATING: Four Winds has an oil-fired central heating system with an oil-fired Rayburn providing hot water and cooking. There is an open fireplace within the dining room and a wood burner located in the sitting room. ASBESTOS: A number of presumed asbestos containing materials have been identified within the constructions of the various buildings and dwelling. A copy of the Asbestos Management Surveys are available upon request. BROADBAND: There is ultrafast broadband available at the property (Ofcom). MOBILE SIGNAL: There is good mobile signal at the property (Ofcom). GENERAL REMARKS RIGHTS OF WAY There are no public rights of way across any of the property. The property is offered for sale subject to and with the benefit of all matters contained in or referred to in the title deeds together with all public or private rights of way, wayleaves, easements and other rights of way affecting the property. Please ask the agent for further information. MINERAL & SPORTING RIGHTS All mineral and sporting rights are understood to be in hand and are included within the sale. TENURE & POSSESSION The property is being offered for sale on a freehold basis. Lot 1 is to be sold with vacant possession save as for the commercial unit, which will be sold subject to a lease expiring on 30 April 2025. Further details are available upon request. FINANCE Woolley & Wallis Finance Ltd is well positioned to assist prospective buyers obtain specialist finance for rural property. We are agents for AMC and also have good contacts with numerous other lenders who will be able to discuss your requirements in further detail. DIRECTIONS The nearest postcode is SP11 8PR. Entrance to Lot 1 - WHAT3WORDS: ///otion.chopper.limelight Woolley & Wallis for sale boards will identify the access points to the property. SURROUNDING AREA The local village of Thruxton is just 2 miles east of Racedown Dairy and is home to The White Horse public house, a primary school, parish church and an active village hall. Other local amenities include Thruxton Circuit, Lains Shooting School and Hillier Garden Centre. The A303 lies just to the south of the property and provides excellent communication links to London, the West Country and south coast. The nearby town of Andover (6 miles) offers a comprehensive range of everyday services with the larger cathedral cities of Salisbury and Winchester both accessible within 20 miles. There is a good selection of independent and state schools nearby including Farleigh, Twyford, St Swithun’s, Bishop Wordsworth and Peter Symonds College. A local bridleway network is accessible just over a mile away giving off-road access and outriding (if desired) to Salisbury Plain. VIEWINGS All viewings strictly by appointment arranged through the Woolley & Wallis on the contact details below. Farm & Rural Woolley & Wallis LLP, 51 – 61 Castle Street Salisbury, SP1 3SU 01722 424515 | www.w-w.co.uk Simon Male MRICS FAAV [email protected] Amy Lane [email protected]

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