Market Update on Training Yards August 2011

The Market for Training yards

A declining number of horses in training - surely this should lead to some training yards going out of use? In many cases this is true, particularly those out of the training centres. Windsor Clive International have seen two particular trends: (START-LIST) a flight to quality, where buyers are pursuing the best properties increased activity in the letting market (END-LIST) Windsor Clive International have recently sold a pair of training yards on the Bury side in Newmarket and are now offering a smart 37 box establishment with a 4/5 bedroom house and a paddock, within 200 yards of the gallops. This is ideal for a trainer on the up. In Lambourn, prices have really adjusted, in particular 49 boxes, a good house, a lads flat, and hostel has a revised price of £1.25m, which should be justifiable for the investor as well as the trainer. There are also 2 good training yards with a 32 and 42 boxes available to rent. In Chantilly, Windsor Clive have arranged the sale of a well located 52 box yard for very close to the £1.75m asking price, to a German buyer. There is a steady flow of enquiries from those interested in moving to France, often at the suggestion of their owners wanting to take advantage of the breeders' premiums available in France. If you are thinking of buying, selling, or renting please contact either George Windsor Clive (START-EMAIL-LINK)gfwc@windsorclive.co.uk~gfwc@windsorclive.co.uk~gfwc@windsorclive.co.uk(END-EMAIL-LINK), or William Harford (START-EMAIL-LINK)william.harford@windsorclive.co.uk ~william.harford@windsorclive.co.uk ~william.harford@windsorclive.co.uk (END-EMAIL-LINK) or call the office 00 44 (0) 1672 521155.