CRAVEN HOUSE STABLES, NEWMARKET

INTRODUCTION

Craven House has for the past decade been run in conjunction with the adjoining Shadowfax Stables, however they are now available as separate lots. Craven House Stables has a well laid out range of stables is 3 main yards and is efficient to run, with veterinary and facilities on site. It is the ideal environment to educate young horses and to produce winners.

LOCATION

On the Hamilton Road, Craven House is superbly sited close to the access to the Jockey Club Estate Racecourse Side training grounds. There is also direct access onto Hamilton Hill, the 3½ furlong Polytrack canter.

Newmarket is the headquarters of British horseracing and is the largest racehorse training centre in the country with facilities that include 2,500 acres of gallops and two racecourses. Newmarket is also home to Tattersalls, Europe's leading Bloodstock Auctioneers; outstanding veterinary practices and equine hospitals; and professionals that serve every aspect of training and breeding thoroughbreds.

DESCRIPTION

Finished to the highest standards, Craven House consists of:

• 55 boxes in three courtyards with 2 veterinary or isolation boxes in addition.

• Veterinary examination and radiography facilities.

• The original Craven House, which has been converted to high-quality offices. Within this, there is a kitchen and staff canteen. Extending to around 3,224 sq ft, this has the potential to be converted back to a residential dwelling, subject to planning approval.

GENERAL REMARKS

Method of Sale

For sale by private treaty with vacant possession upon completion.

Title

The property is held leasehold in title number SK200878. The lease was granted in 1987 for 125 years and has 88 years remaining.

Services

Mains electricity, water and drainage. Oil-fired central heating in the offices.

Energy Performance Certificates

The Office, Craven House Band C

Local Authority

West Suffolk Council https://www.westsuffolk.gov.uk/

Business Rates

The rateable value will need to be reassessed if separated from Shadowfax Stables An approximate apportionment is likely to be about £80,000 payable at £54.6p in the £. This must be checked by prospective purchasers.

VAT

It is understood that none of the property is elected for VAT, although should any sale of the property, or any right attached to it, become a chargeable supply for the purposes of VAT, such tax shall be payable by the buyer in addition to the contract price.

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

Fixtures and Fittings

The fixtures, fittings and equipment may be available to purchase at a reasonable valuation; however they are not necessarily included in the sale of the property.

Gallops

Arranged through Jockey Club Estates Tel. 01638 664151 https://jockeyclubestates.co.uk/

Viewing

To be arranged strictly with the agents, Windsor Clive International. Tel 01672 521155

Directions

On approach to Newmarket from the A1305/A11, turn left onto Hamilton Road, or from Newmarket High Street turn right into Hamilton Road. Follow the road for 1 mile. Craven House is on the right after the corner.

Postcode: CB8 7JQ

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