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FELSTEAD COURT STABLES

Let

An excellent 38 box Lambourn Training Yard, and paddocks.

In all in about 3.5 acres.

Wantage 8 miles, Hungerford 10 miles, Swindon 10 miles, Newbury 14 miles

38 Stables

Covered Horse Walker

Paddocks

Excellent Access to the Lambourn Gallops

Guide Price: £35,000 per annum

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At the edge of Lambourn, Felstead Court is a proven yard, with easy access to the renowned Lambourn gallops. In the past both Tom Dascombe and Stef Higgins have enjoyed success training from the yard.

Location: Felstead Court is in Folly Road, a quiet lane with 3 other training yards, on the western side of Lambourn, within easy reach of the renowned gallops. The M4 is 6 miles away and trains to London From Didcot take 40 minutes. Heathrow Airport is 57 miles away. Every requirement for the racehorse trainer is nearby. The Lambourn gallops are on a par with the best in the country; there is an excellent veterinary hospital within a few hundred yards, horse transporters are in the village, farriers are in Upper Lambourn, and there is usually plenty of staff accommodation to rent in the village.

The Property: T The Training Yard is split into two traditional style yards: 25 loose boxes in a quadrangle of brick construction with tiled roofs and wide ventilation ridge. The central block has a storage barn, vets room, working tack room, automated watering system throughout and fodder storage.

There are 13 loose boxes in the second yard, Within the complex, there are extensive Offices, Owners' Room, Staff Canteen and Racing Tack Room, all recently refurbished with full separate facilities. Separate Staff W.C.

Paddocks – There are 2.7 acres of sheltered paddocks and covered horse walker. These are accessed from Folly Road, immediately behind the house.

Access – there is an access for horses, shared with High View Stables, to the centre of Lambourn.

Services – mains water, electricity, gas and drainage.

Business Rates – The Rateable Value is £22,750, The Rates Payable for 2012/13 are £10,419.50. The current multiplier is 45.8p in the £.

Gallops – access to Lambourn grass and all weather gallops, arrangements through Jockey Club Estates, contact details available. There is a horsewalk from the bottom of Folly Road to the gallops.

Directions – from the centre of Lambourn head towards Upper Lambourn and turn left into Folly Road. The driveway to Felstead Court is on the left after about 300 yards

Local Authority - West Berkshire Council, Council Office, Market Street, Newbury RG14 8QE.

LEASE TERMS: There will be an assignment of the existing lease at no premium. The lease contains the following terms. Type of Lease: a commercial lease excluded from the security provisions of the Landlord and Tenant Act 1954 Repairs and outgoings: The tenant is to maintain the buildings, look after the paddocks and to pay for all services, rates and council tax.

Break Clause: The lease can be terminated after November 2011 on suitable notice. Insurance: The Landlord will insure, reclaiming the premiums for the tenant.

Deposit: £10,000. Rental Guide: The current rent is £35,000 VAT: will be chargeable.