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
5 Furlong All-Weather Gallop
5 Bay horse walker & Lunge ring
4 Bedroom trainers house
2 Bedroom flat
Owners lounge and office
Guide Price: £65,000 per annum
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.
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.
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.