CROPREDY LAWN

Under Offer

22 Boxes and Cottage to rent with outstanding facilities in a highly accessible and charming location

Banbury 4 miles, Close to Junctions 11 and 12 of the M40

Within the lease:

22 boxes

2 bedroom bungalow, with office

With use of:

Turnout Paddocks

Horse walker

Indoor school

Equine swimming pool

6½ Furlong all-weather gallop, with 90 ft. climb over the second half

Schooling grounds and fences

Water walk

Guide Price: £2,666 PCM

Cropredy Lawn:

Cropredy Lawn is a traditional and proven training yard with excellent facilities for the flat or National Hunt trainer. The two barns housing the stabling are close by the accommodation and extremely workable.

Lease Terms:

Type of Lease: A commercial lease excluded from the security provisions of the Landlord and Tenant Act 1954.

Term: 3 - 5 years, with both Landlord and Tenant having a 6-month break clause allowing the lease to be terminated on or after the 18 month point, on suitable notice from the first anniversary.

Repairs and outgoings: The tenant should maintain the house and stabling, in particular the cleanliness and decoration of the boxes and repairs to woodwork. The landlord, under the service arrangement, should be responsible for maintaining the communal facilities and common parts, to include the paddocks.

Insurance: The landlord will insure, reclaiming the premium from the tenant.

Deposit: Two Month's rent.

Service charge: A service charge of £1,188 per month is payable toward the cost of maintaining those parts of the property that the tenant shall have use of but are not in the lease.

Local Authority: Cherwell District Council, Bodicote House, Bodicote, Banbury OX15 4AA

Council Tax: Band A, £1,282.81 payable 2020/21