An attractive family house with an excellent rental income from a famous training yard .
Lambourn 1 mile, Hungerford 8 miles, Newbury 15 miles, London (Paddington) from 55 minutes, M4 (Junction 14) 7 miles, Heathrow 1 hour.
An Attractive Family House with 4 Reception rooms, 2 Kitchens, 6/7 Bedrooms, 3 Bathrooms, 4 Car Garage and Gardens.
A Famous Training Yard producing a Gross Rent of c. £70,000 with:
66 boxes in 3 principal yards, Equine Pool, Horse walker, and Lunge Ring
Offices, 5 Bedroom Hostel and 2 Cottages.
Paddocks - In all about 18 acres
Guide Price: £3,250,000
Reached by a long drive through the paddocks and stables up to a gravel sweep, Rhonehurst is an attractive family house with excellent and versatile accommodation.
The ground floor has a good kitchen/breakfast room with a cellar, pantry, office and utility room. Either side of the front door are the dining room and sitting room with double doors to the drawing room.
Behind the drawing room and overlooking the gardens there is a second sitting room, kitchenette and cloakroom with a second staircase leading to three bedrooms and a bathroom above. This wing could provide separate family or staff accommodation but the landing also connects to the main house where the lovely light main bedroom is located together with an adjoining bathroom and a further two bedrooms and en-suite guest bathroom.
Gardens and grounds
These are set to the south-eastern side of the house and are largely laid to lawn surrounded by herbaceous borders. In the centre of the garden is a free standing brick and timber summer house with a slate roof and a paved terrace to the front. From the garden door of the house is a paved terrace with brick steps to the lawn. The garden is lined by a row of lime trees.
To the side of the drive there is a 4-car garage, with a door to the garden.
Upper Lambourn is one of the most important racehorse training centres in the country centred close to the Jockey Club's renowned downland gallops. The village has many period houses, some of them still part of training yards. Only 8 miles from Junction 14 of the M4, it is surrounded by attractive open countryside and the Lambourn Valley has a real rural industry in the form of its racing yards. Lambourn village is only a short distance away and provides good local amenities including a primary school and a useful range of shops. Hungerford and Newbury with main line trains to London Paddington are approximately 8 and 15 miles respectively.
The Berkshire Downs are renowned for walking and riding. Newbury is the local racecourse, field sports take place widely and there are a number of golf courses in easy reach.
The Training Yard
The training yard: Rhonehurst is a famous training yard, occupied by tenant OliverSherwood since 1984, where he has enjoyed huge success as a National Hunt trainer. Most notably, Sherwood has trained the winner of the 2015 Grand National - among other successes including the Arkle Trophy and Hennessy Gold Cup twice.
Oliver Sherwood has a lease until the end of June 2021. He has expressed a sincere wish to remain at Rhonehurst Stables and to continue renting the training yard.
The Old Yard - 19 loose boxes
A most attractive yard that compliments the house yet, being below it, does not impinge on its privacy. From the house on the right hand side is a range of 11 brick and flint boxes with central clock tower under a slate roof. A tack room sits underneath the clock tower.
At the lower end are:
• 6 cage boxes with front passageway and hay loft over
• A further 3 loose boxes, feed store and mess room
A smart first floor trainer's office with kitchen area, cloakroom and reception.
Brick-built under a tiled roof, this consists of:
• Hallway, Cloakroom, Kitchen, Shower room, Sitting/dining room, 5 Bedrooms with basins. Attached to The Hostel is a separately accessed drying room and boiler room
Hardstanding in front of hostel for parking and horse boxes.
Timber clad Colt house under a tiled roof with a rear garden bordered by mature privet hedges. This has:
• Porch, Kitchen, Sitting room, 2 Bedrooms and Bathroom
Woolaway bungalow with a generous garden to the rear. This has:
• Conservatory, Kitchen open to Sitting room, 2 Bedrooms and bathroom.
The New Yard - 24 loose boxes
An impressive yard of brick under a tiled roof, U-shaped with a total of 24 loose boxes around a central flower bed. Two corner boxes have double aspect doors. Racing tack room at one end.
The Wooden Yard - 14 loose boxes
Of timber construction under a corrugated roof. U-shaped around a lawn, comprising 14 loose boxes. At the back there is a field shelter/store.
Across from The Wooden Yard are 3 isolation boxes, a store and a muck heap.
Loading ramp and two wash bays.
Equine Pool Barn - 6 loose boxes
A portal frame barn with corrugated sides and roof, housing 6 cage boxes with corner mangers. Equine pool with filtration system.
Covered Monarch horse walker for 6 horses.
The paddocks are divided into thirteen enclosures and are well sheltered over chalk and are free draining.
In all about 18.6 acres.
Access to the renowned Lambourn grass and all weather gallops, direct from the track alongside Rhonehurst is arranged by permission through the Jockey Club Estates Ltd.
(https://jockeyclubestates.co.uk/lambourn/principal-gallops) The current rate is £132.90 plus VAT per horse per month.
Method of Sale:
The property is offered for sale by private treaty.
Vacant possession of Rhonehurst House is available on completion. The trainer's current lease is due for renewal on 30th June 2021.
The cottages are let on separate Assured Shorthold Tenancies.
Mains water, electricity and drainage. Oil fired central heating to the house.
The total rental income from the two cottages and the stable yard is approximately £70,000/year. Full details are available via the data room online. Contact Windsor Clive for access details.
Easements and rights of way
The property is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not.
Fixtures and fittings
All those items usually regarded as tenant's fixtures and fittings are specifically reserved from the sale, although some may be available to the purchaser if required at valuation. All those remaining on the property at the time of completion will be included in the purchase price.
All fitted carpets and curtains, together with garden ornaments and statuary, are excluded from the sale, but may be available to the purchaser at valuation. The drawing room light fittings have been changed since photos were taken.
Local Authority: West Berkshire Council, 01635 42400. www.westberks.gov.uk
Strictly by appointment with the sole agents:
Windsor Clive International. Tel: 01672 521155
Photographs taken: July 2017
Details prepared: September 2020
Council Tax Bands & Business Rates
Council Tax - Band G
Rateable value - £45,000. Payable at 47.9p in the pound for 20/21 (£21,555)
Rhonehurst House - F
Rhonehurst Cottage - F
Rhonehurst Bungalow - E
The Hostel - E
Copies of the full Energy Performance Certificates are available on request.
Post code: RG17 8RG
From London take the M4 to junction 14 and then take the A338 to Wantage. After about 500 yards turn left signposted Lambourn. Follow this road for about 3 miles and turn right, signed Lambourn. Proceed for a further 3 miles into the village of Lambourn. At the bottom of the hill turn left into Crowle Road, turn right at the T-junction and then left at the next T-junction towards Upper Lambourn. After about ¾ of a mile turn right into Malt Shovel Lane. Turn left at the T-junction and the gates to Rhonehurst are at the end on the right.