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GLEBE STUD

Sold

The epitome of a private stud farm on the fringes of Newmarket

Superb stud complex with 30 stables, lunge ring, horse walker and loading bay

Three detached bungalows for staff

Post and rail paddocks

In all about 61 acres (24.97 hectares)

Available as a whole or in 2 lots

3 cottages

30 boxes in 3 yards

16 well railed paddocks

In all 61 acres

Guide Price: On Application

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SUMMARY

Glebe Stud is a successful stud farm located in one of the prime areas for bloodstock and in the popular village of Cheveley, to the south of Newmarket.

The Stud Farm has an excellent reputation for breeding and preparing foals and yearlings as well as boarding mares. Extending to 61 acres, the property includes, three bungalows for stud staff and extensive thoroughbred breeding facilities.

The land is predominantly grade 2 and has 53 acres of well managed and productive permanent pasture; the paddocks are subdivided with post and rail fencing, each has water and many  have thick hedgerows interspersed with trees giving shade and  shelter. There are small wooded copses which enrich the landscape. The land lies within a ring fence and has access from both the village High Street and Park Road.

Glebe Stud is being marketed part of Glebe House and Stud is is Lots 2 and 3 of the whole:-

Lot 2 Glebe Stud with two bungalows and extensive thoroughbred breeding facilities 56.15 acres (22.72 hectares)

Lot 3 Woodles Bungalow and Stables 5.55 acres (2.24 hectares) 

Total 61.7 acres (24.97 hectares)


SITUATION

Newmarket and its surrounding area including Cheveley has long been recognised as the international headquarters of the thoroughbred racing and breeding industry, home to some of the oldest and most successful racing and breeding empires. Glebe Stud is located in the village of Cheveley which includes a village shop and primary school. Newmarket's horse racing facilities are second to none including two race courses staging some of the most prestigious races, 2,500 acres of training grounds where 3,000 horses are trained by some 70 licensed trainers, all run by The Jockey Club.  In addition Newmarket is home to Tattersalls, Europe's leading auction house,and two world renowned equine veterinary practices.The City of Cambridge, which is well known for its educational excellence,cultural heritage and scientific advances lies 16 miles west and offers a wide range of shops and restaurants.There are main line stations at Cambridge (Kings Cross 50 minutes) and Whittlesford (Liverpool Street 1 hour). Trains from Newmarket to Cambridge take 20 minutes.

HISTORY

In 1946 the land was transformed into a stud for breeding racehorses at a time when Newmarket was fast becoming a centre of excellence for thoroughbred racing and sales. In 1992, the current owner took on the stud and in the last 25 years has grown its reputation for the foaling of thoroughbreds and the preparation of yearlings for sale at Tattersalls. The village of Cheveley has a longstanding connection with bloodstock with records tracing back to the Duke of Somerset's stud in the early 18th century.

LOT 2 - GLEBE STUD 

Coloured blue on the plan and extending to 56.15 acres (22.72 hectares) Glebe Stud abuts Park Road to the north and has everything in place to run a successful breeding establishment as proven over many years.

Houses

Approached via the driveway leading from Park Road are two bungalows built in the 1980's with good sized gardens. Both are in excellent condition, have modern kitchens, oil fired central heating and uPVC double glazing.

No 1 Stud Bungalow (59 Park Road) extends to 1,108 sq ft and comprises an attractive detached bungalow with a kitchen, large sitting/dining room, three bedrooms, a family bathroom and a double garage.

No 2 Stud Bungalow (57 Park Road) is a detached bungalow extending to 921 sq ft and comprises a hallway, kitchen/breakfast room, sitting room, three bedrooms and a family bathroom. There is a single garage. 1 and 2 Stud Bungalows were built subject to conditions limiting their occupation and restricting their separation from the stud. For more details, please contact the selling agents. Both bungalows are currently occupied by stud employees.

Stud Farm facilities

Accessed from a separate entrance to the north via Park Road are the main stud buildings comprising:-

A foaling barn of concrete block walling with 6 foaling boxes, 3 further stables, sitting up room, vet stocks and a w.c.

A range of 9 boxes of concrete block walling and a tiled roof with a tackroom and a feed store. The boxes have side hung split doors

A timber framed workshop clad with box profile steel sheeting which includes dividable barn type stabling to the rear

A timber framed feed and bedding store

All weather lunge ring - circa 15 metre diameter

Claydon 5 horse walker

Loading bay

Land

The land is split into 14 paddocks of varying sizes, together with 4 nursery paddocks and 1 small all-weather paddock. The paddocks are enclosed by post and rail fencing, most of which are easily accessed by internal tracks. Shelter belts run throughout the stud and the 4 western paddocks have field shelters. The soils are classified as grade 2 and are well drained and are ideal for thoroughbred breeding purposes as they grow excellent crops of grass.

LOT 3 -WOODLES BUNGALOW AND STABLES 

Coloured green on the plan and extending to 5.55 acres (2.24 hectares)

Accessed from a shared driveway from the High Street, Woodles comprises a range of 8 timber framed and timber clad boxes with a fibre cement sheet roof. Each box has split side hung doors. Woodles is currently used as an isolation yard separate to the main stud complex but could easily be a standalone yard. 

Adjacent to the boxes is Woodles Bungalow extending to 1,060 sq ft comprising a 3 bedroom detached bungalow with a large open plan kitchen/dining room, utility, sitting room and a family bathroom. Woodles Bungalow was built in 2005 and is in excellent condition, it is subject to conditions limiting its occupation to "a person solely or mainly working or last working in the locality in agriculture, or forestry, or horse racing,stud farming, or a widow or widower of such a person, and to any resident dependants". Woodles Bungalow is currently occupied by a stud employee.

GENERAL REMARKS AND STIPULATIONS

Method of Sale

The property is offered for sale by private treaty as a whole or in 2 Lots.

Tenure & Possession

The freehold is available with vacant possession on completion subject to the occupancies described below.

Sporting, Minerals and Timber Rights

The sporting, minerals and timber, in so far as they are owned will be included in the sale. 

Basic Payment Scheme

The Basic Payment Scheme subsidy for the current year will be retained by the Vendor. The Vendor will use reasonable endeavours to support the transfer of any Basic Payment Scheme Entitlements to the Purchaser with effect from the date of completion. The Purchaser will indemnify the Vendor in respect of all actions, costs, claims and demands made in respect of any failure on the part of the Purchaser to comply with the cross compliance regulations for the current year. Further details are available from the Vendor's agents.

Energy Performance Certificates

Full copies of the EPCs can be found in the data room.

Services

All residential properties have mains electricity (single phase), mains water, private drainage and oil fired central heating. A three phase electricity supply is connected to the foaling barn and at Woodles.

Planning

The property is offered for sale subject to any current or past development plans, tree preservation orders, town planning schedule, applications, permissions and resolutions which may or may not come into force. 

Occupancy Conditions

Woodles Bungalow is subject to a condition limiting its occupation to "a person solely or mainly working or last working in the locality in agriculture, or forestry, or horse racing, stud farming, or a widow or widower of such a person, and to any resident dependants". 1 and 2 Stud Bungalow's were built subject to conditions limiting their occupation and restricting their separation from the stud. For more details, please contact the selling agents.

Access

The property enjoys a right of access over the part of the drive way to the stud buildings coloured brown on the plan on page 21. For more information, please contact the selling agents. 

Residential Properties

The residential properties included within the sale will be subject to Council Tax. From our informal enquiries, we understand the residential properties are subject to the following EPC ratings and Council Tax bands:-

1 Stud Bungalow: EPC 29, Band B, Service Occupancy          2 Stud Bungalow: EPC 57, Band C, Service Occupancy          Woodles Bungalow: EPC 57, Band C, Service Occupancy 

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 or the interpretation of any of them, such questions shall be referred to the selling agents whose decisions acting as an experts shall be final.

Easements, Covenants, Rights of Way and Restrictions

The property is sold subject to, or with the benefit of, all existing wayleaves, easements, quasi-easements, rights of way, covenants and restrictions, whether mentioned in the particulars or not.

Employees

Where appropriate, the Purchaser will be responsible for complying with the statutory provision of the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) in relation to employees at the property. 

Overage

There will be a reservation in favour of the current owner to share from any uplift in value resulting from future development of any part of the Property. The proposed uplift being 25% of the net increase in value on grant of planning permission at any time within 50 years from the date of completion. Development is to include any residential housing (other than accommodation for stud staff which is the subject of a planning condition to that effect) or any change of use for which Planning Permission is required and which is not connected to the horse breeding or racing industry.

VAT

Any guide price quoted or discussed is exclusive of VAT. In the event that the sale of the property or any part thereof or any right attached to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

Solicitors

Edmondson Hall, 25 Exeter Road, Newmarket, Suffolk, CB8 8AR

Contact: Anna Hall, Tel: 01638 560556

Local Authority

East Cambridgeshire District Council, The Grange, Nutholt Lane, Ely, Cambridgeshire, CB7 4EE Tel. 01353 665555

Postcode CB8 9DG

Directions

From London and the south proceed north on the M11 as far as Junction 9. Take the A11 dual carriageway continuing north before turning off at Six Mile Bottom along the A1304 towards Newmarket. Continue into the centre of Newmarket before taking the B1063 towards Cheveley. After 3 miles and at the crossroads, take a right hand turn and continue for 0.6 miles and Glebe House is located opposite the church.

Fixtures and Fittings

All fixtures and fittings, light fittings, curtains and carpets, garden statuary, stud machinery, equipment, tack and garden machinery as well as other removable fittings are specifically excluded from the sale. These items may be available by separate negotiation. All tenants' fixtures and fittings, curtains, carpets, ornamental and wall lights, garden ornaments, garden furniture are also specifically excluded from the sale of the freehold property.

Viewing

Viewing is strictly by appointment with either Savills(01223 347274) or Windsor Clive International (01672 521155).

Important Notice

Savills and Windsor Clive International together with their clients give notice that:

1: They have no authority to make or give any representations or warranties in relation to the property. These particulars do not  form part of any offer or contract and must not be relied upon as statements or representations of fact.

2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and neither Savills nor Windsor Clive International has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

3: The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute are presentation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function and prospective Purchasers should satisfy themselves as to the fitness of such equipment for their requirements.

4: We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and any Purchasers are responsible for making their own enquiries in this regard. We wish to inform prospective buyers of this property that the seller is related to an employee of Savills

Particulars of sale prepared February 2018. 

Photographs taken June 2017.18/02/06 OC