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LORETTA LODGE

Let

47 Box training yard with quick access to Epsom Downs gallops and excellent staff accommodation.

47 Boxes, Paddocks, 5 Bay covered horse walker, recently furnished 4 Bedroom Trainers House, Owners lounge & office.

• Epsom Downs Racecourse 2 miles

• Sandown Racecourse 9 miles

• Central London 20 miles

47 boxes

5 Furlong All-Weather Gallop

Tack room

Feed room

Staff room

Rug room

Drying room

5 Bay horse walker & Lunge ring

Equine pool

4 Bedroom trainers house

2 Bedroom flat

Studio flat

Owners lounge and office

Guide Price: £65,000 per annum

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Loretta Lodge Racing Stables

Formerly the home of champions such as Where Or When (Queen Elizabeth Stakes II - 2002) and Bobzao (Hardwicke Stakes Class A - 1994) under trainer Terry Mills, Loretta Lodge is a yard steeped in racing history. The site is made up of 47 boxes a recently furnished 4 bedroom trainer's house as well as a two bedroom flat and studio flat. The training yard itself, is very well equipped with; a 5 bay horse walker, equine pool, wash down bay, owners lounge and office. Loretta Lodge provides a fantastic opportunity to begin operating in one of the country's most historic racing centres.

Location:

Loretta Lodge is 2miles from Epson Downs's race course, 9 miles from Sandown and 20miles from central London offering an excellent range of local amenities.

Gallops

5 Furlong round gallop situated 300 metres from the main yard. The use of this gallop is by separate arrangement if required. 

1 mile to Jockey Club Gallops

Access to Jockey Club gallops to be arranged with Jockey Club Estates separately - 01372 726 311

Proposed Lease Terms:

Lease: The lease is to be a commercial lease under the terms of the landlord and tenant act 1954.

Rent: £65,000 per annum

Deposit: Two Month's Rent

Term: 3 or 5 Years

Maintenance: The Landlord is to be responsible for the roofs and structures. The tenant shall be responsible for all other repairs.

Insurance: The Landlord will insure the property and reclaim the cost of the premium from the tenant.

Business Rates and Council Tax: To be paid by the tenant

Business Rates: The rates shall be payable on those facilities which are included in the lease, the rates payable for 2017/18 will be £15,904. The current business rates multiplier is 49.7p.

*Some business rates relief may apply*

Council Tax: The Council Tax Bands are:

2 bedroom flat: Band A   £1,176.06 

4 bedroom Trainer's house: Band G £2,940.16

 being payable for 2017/18.