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Lot - Stoke Farm House, Lower Road, Stoke Albany, Market Harborough, Leicestershire, LE16 8PZ

Guide Price* £2,400,000

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Property Type
Commercial Development
Tenure
Freehold
Type
Commercial
Bidder Security Deposit
£3,500*

Property Summary

  • On the instructions of the Joint Fixed Charge Receivers
  • Freehold development opportunity
  • Includes part converted barn to residential and former clubhouse with planning permission for residential conversion
  • Former golf course, agricultural land, lakes and car parking
  • 123.29 hectares (304.65 acres)
  • Occupancy terms and rent unknown

Freehold development opportunity including part converted barn to residential and former clubhouse with planning for residential conversion, former golf course, agricultural land, lakes and car parking on a site area of approximately 123.29 hectares (304.65 acres)

Description

Redbrick barn

The property forms a courtyard shape layout comprising a part two storey brick built barn on the western wing and a single storey barn forming the remainder of the building.

Planning permission was granted on 21/05/1991 for the change of use from redundant farm building to a single dwelling, subject to a schedule of condition. The property has been partly redeveloped, but we understand that building works have not been completed. The refurbished property would provide a four bedroom residential dwelling of 179.69 sq m (1,934 sq ft).

Clubhouse including office and a one-bedroom flat

The property comprises a detached building of brick construction formerly the golf course clubhouse, with ancillary office and residential accommodation.

Planning permission has been granted for change of use and conversion to a private residential five bedroom dwelling of approximately 470.00 sq m (5,059 sq ft).

Land

The land extends to approximately 123.94 hectares (306.26 acres) and we understand it is made up as follows:

- Five arable fields totalling 73.78 hectares (182.31 acres)
- One pasture field (adjacent to Redbrick barn) of 3.10 hectares (7.66 acres)
- Former golf course pastureland 36.34 hectares (89.79 acres)
- Amenity woodland of 5.30 hectares (13.12 acres)
- Tracks and car parks of 2.94 hectares (7.27 acres)
- An additional 1.82 hectares (4.50 acres) of pond features and lakes over the former golf course area

Location

The rural village of Stoke Albany is located approximately 6 miles east of Market Harborough and 10 miles north-west of Kettering. The property is located about one mile to the north of the village.

The property is well connected with good transport communications being close to the A427 and A14 trunk roads and 21 miles to the east of the M1 motorway (Junction 19). Train services are available close by in Market Harborough, Kettering and Leicester. Birmingham Internation Airport is approximately 51 miles to the west.

Stoke Farm is surrounded by agricultural land and lies to the north of Stoke Albany, on the west side Ashley Road that connects with the A427 trunk road leading from Market Harborough to Corby.

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Tenancy

The Auctioneers have not been able to inspect the property. We understand the property is occupied under unknown terms. The purchaser will be responsible to regularise any leases, tenancies or occupancies that may exist at the property upon completion. Please refer to the legal pack for further information.

Planning

We would advise interested parties to contact the local authority or to review the Council’s planning portal.

North Northamptonshire Council (0300 126 3000) www.northnorthants.gov.uk

EPC Rating

Not required

VAT

Please refer to the legal documentation

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £2,400 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,900 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £2,400 (inc. VAT).

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Additional Information

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