pay plantation and holiday cottages - OnTheMarket
PAY PLANTATION AND HOLIDAY COTTAGES Stapley, Somerset TA3 7QA
John Clegg & Co www.knightfrank.com
Chartered Surveyors www.johnclegg.co.uk
PAY PLANTATION AND HOLIDAY COTTAGES Stapley, Somerset TA3 7QA
Two large properties and a site to build a third property in a stunning woodland setting Accommodation Bracken: Open plan sitting room, dining room and kitchen 5 bedrooms • 3 bathrooms, study • mezzanine approx. 2,200 sq.ft. Willow: Open plan sitting room, dining room and kitchen 5 bedrooms • 3 bathrooms • study • mezzanine approx. 2,200 sq.ft. New building: Planning consent to construct a new property of approx. 5,000 sq.ft. Approved plans can be viewed on the Selling Agents’ websites Planning Application 10/14/0024 Taunton Deane Borough Concil In all, about 11.8 hectares / 29.2 acres Taunton 10 miles (London Paddington 1hr40mins) Wellington 7 miles - A303 6 miles - M5J26 6 miles
These particulars are intended only as a guide and must not be relied upon as statements of fact. Your attention is drawn to the Important Notice on the last page of the text.
Pay Plantation
occupies a secluded position on the Blackdown Hills, a delightful Area of Outstanding Natural Beauty (ANOB). Both Wellington (7 miles) and Taunton (10 miles) provide comprehensive facilities and a good range of shops, theatres and a county cricket ground. The surrounding area and particularly the Blackdown Hills provide numerous opportunities for riding, walking, shooting and fishing. Whilst the property enjoys a lovely rural setting the M5 motorway Junction 26 is only 6 miles away. Rail access is superb with the fastest trains to London Paddington from Taunton taking about 1 hour 40 minutes. Exeter airport is about 28 miles away, with a good range of domestic and international flights and Bristol airport is approximately 45 miles away. The property sits in approximately 10.97 Hectares (27.10 acres) of woodland which is used in conjunction with the business or could be used to provide a further annual income by managing the existing forestry operations. Buildings Pay Plantation comprises two properties called Willow Lodge and Bracken Lodge. These were completed in 2006 and have consent for holiday use. The current owners have run a very successful business letting the properties for long weekends or holidays, providing a good annual income. The floor plans in this brochure show the layout of both properties. There is planning consent to build a third property which, once constructed, would greatly enhance the business as a whole. Planning consent and approved plans can be viewed and downloaded from the selling agents’ websites at www.johnclegg.co.uk and www.knightfrank.com. Planning All of the buildings have consent to be occupied for holiday use only. Services Mains electricity. Private water. Private drainage. Fixtures and fittings All items usually known as tenants’ fixtures and fittings, whether mentioned or not in these particulars, are excluded from the sale but some may be available by separate negotiation. Such items include all carpets and curtains, light fittings, domestic electrical items and garden statuary. Business Rates Willow Lodge and Bracken Lodge are subject to Business Rates under Taunton Deane Council. The current rateable value for both units is set at £17,000.
The Woodland Attached to the land already developed and with planning, is an area of commercial woodland. This helps the site with privacy and shelter as well as potentially providing an additional income stream which, under current legislation, would be tax free. Principally stocked with Sitka spruce this woodland contains a maturing crop of timber which has shown excellent growth since it was planted in 1960/61. The site, which is almost flat, lends itself to wheeled harvesting machinery which will allow a woodland owner to benefit from the reduced harvesting costs resulting from the use of modern machinery. Soil conditions are fertile but moist. A new owner will see that if drainage is improved it may be possible to fell and replant the wood with a new crop of commercial conifers. Access into the woodland is excellent with a stoned road running up the western boundary of the wood. With some modification to the track the woodland should be accessible using the articulated trucks now so commonly used for timber road transport. The wood also contains an area of bare land which is subject to replanting conditions set down in the felling licence agreed with the current owner prior to a licence being granted. Whilst grant aid for replanting is not currently available it is possible that the Forestry Commission may offer new replanting grants under their new England Woodland Grant Scheme (EWGS) which is potentially going to re-open in 2015 once the review is completed.
Taxation After two years ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances it is possible to roll-over Capital Gains into the proportion of the purchase price attributable to the value of the land. Sporting Rights The sporting rights are owned and included in the sale. They are not let. Mineral Rights These are owned and included in the sale except as reserved by statute. Fencing There are no known fencing liabilities. Rights of Way The woodland is subject to a right of way for pedestrian and vehicular use, shown ABC on the sale plan, in favour of the neighbouring landowner to the east. Maintenance is according to user. There is a further right for a neighbour to access his land to the north along the route AB. This right expires in July 2015 with no option to renew. Rights and Easements The woodland is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and any other easements.
Wayleaves The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. Plans and Areas These are based on the Ordnance Survey and are for reference only. The purchaser shall be deemed to have satisfied himself as to their accuracy and any error or misstatement shall not annul the sale or entitle any party to compensation in respect thereof. Tenure and Possession Freehold. Vacant possession with be given on completion.
Directions The property is approached via country lanes off the B3170 Taunton to Honiton road. Leave the M5 at Junction 25 and from the centre of Taunton take the B3170 signed to Corfe. 6 miles south of Corfe village turn right signed to Churchingford. Take the Hemyock road from Churchingford and after 2 miles turn right signed to Stapley Mill. The east side of the woodland can be seen on the left after half a mile but the best access is reached by following the minor roads to the access on the north-western side. The sale plan shows the roads around the wood. There is a semi-metalled track from point A. OS 1:50,000 Map 193 Ref ST190134. Nearest postcode TA3 7QA.
Method of Sale Pay Plantation is offered for sale by Private Treaty as a whole. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted.
Viewing Viewing is strictly by appointment only. Prospective purchasers are asked to contact the selling agents to arrange a viewing. Please be aware of hazards within the wood when viewing.
JOINT SELLING AGENTS
John Clegg & Co
Suite 8 Rectory House Thame Road, Haddenham Buckinghamshire HP17 8DA Tel: 01844-291384 Email: [email protected]
Knight Frank LLP
19 Southernhay East Exeter, Devon EX1 1QD Tel: 01392 423111 Email: [email protected]
Important Notice IMPORTANT NOTICE
John Clegg & Co LLP and Knight Frank LLP for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co LLP and Knight Frank LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither John Clegg & Co LLP, Knight Frank LLP nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared October 2014. John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH12AS Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934 whose registered office is 55 Baker Street, London, W1U 8AN.
Knight Frank LLP
19 Southernhay East, Exeter Devon EX1 1QD - Telephone: 01392 423111 www.knightfrank.com
John Clegg & Co LLP
Suite 8 Rectory House, Thame Road, Haddenham Buckinghamshire HP17 8DA - Telephone: 01844 291384 www.johnclegg.co.uk
John Clegg & Co www.knightfrank.com
Chartered Surveyors www.johnclegg.co.uk
PAY PLANTATION AND HOLIDAY COTTAGES Stapley, Somerset TA3 7QA
Two large properties and a site to build a third property in a stunning woodland setting Accommodation Bracken: Open plan sitting room, dining room and kitchen 5 bedrooms • 3 bathrooms, study • mezzanine approx. 2,200 sq.ft. Willow: Open plan sitting room, dining room and kitchen 5 bedrooms • 3 bathrooms • study • mezzanine approx. 2,200 sq.ft. New building: Planning consent to construct a new property of approx. 5,000 sq.ft. Approved plans can be viewed on the Selling Agents’ websites Planning Application 10/14/0024 Taunton Deane Borough Concil In all, about 11.8 hectares / 29.2 acres Taunton 10 miles (London Paddington 1hr40mins) Wellington 7 miles - A303 6 miles - M5J26 6 miles
These particulars are intended only as a guide and must not be relied upon as statements of fact. Your attention is drawn to the Important Notice on the last page of the text.
Pay Plantation
occupies a secluded position on the Blackdown Hills, a delightful Area of Outstanding Natural Beauty (ANOB). Both Wellington (7 miles) and Taunton (10 miles) provide comprehensive facilities and a good range of shops, theatres and a county cricket ground. The surrounding area and particularly the Blackdown Hills provide numerous opportunities for riding, walking, shooting and fishing. Whilst the property enjoys a lovely rural setting the M5 motorway Junction 26 is only 6 miles away. Rail access is superb with the fastest trains to London Paddington from Taunton taking about 1 hour 40 minutes. Exeter airport is about 28 miles away, with a good range of domestic and international flights and Bristol airport is approximately 45 miles away. The property sits in approximately 10.97 Hectares (27.10 acres) of woodland which is used in conjunction with the business or could be used to provide a further annual income by managing the existing forestry operations. Buildings Pay Plantation comprises two properties called Willow Lodge and Bracken Lodge. These were completed in 2006 and have consent for holiday use. The current owners have run a very successful business letting the properties for long weekends or holidays, providing a good annual income. The floor plans in this brochure show the layout of both properties. There is planning consent to build a third property which, once constructed, would greatly enhance the business as a whole. Planning consent and approved plans can be viewed and downloaded from the selling agents’ websites at www.johnclegg.co.uk and www.knightfrank.com. Planning All of the buildings have consent to be occupied for holiday use only. Services Mains electricity. Private water. Private drainage. Fixtures and fittings All items usually known as tenants’ fixtures and fittings, whether mentioned or not in these particulars, are excluded from the sale but some may be available by separate negotiation. Such items include all carpets and curtains, light fittings, domestic electrical items and garden statuary. Business Rates Willow Lodge and Bracken Lodge are subject to Business Rates under Taunton Deane Council. The current rateable value for both units is set at £17,000.
The Woodland Attached to the land already developed and with planning, is an area of commercial woodland. This helps the site with privacy and shelter as well as potentially providing an additional income stream which, under current legislation, would be tax free. Principally stocked with Sitka spruce this woodland contains a maturing crop of timber which has shown excellent growth since it was planted in 1960/61. The site, which is almost flat, lends itself to wheeled harvesting machinery which will allow a woodland owner to benefit from the reduced harvesting costs resulting from the use of modern machinery. Soil conditions are fertile but moist. A new owner will see that if drainage is improved it may be possible to fell and replant the wood with a new crop of commercial conifers. Access into the woodland is excellent with a stoned road running up the western boundary of the wood. With some modification to the track the woodland should be accessible using the articulated trucks now so commonly used for timber road transport. The wood also contains an area of bare land which is subject to replanting conditions set down in the felling licence agreed with the current owner prior to a licence being granted. Whilst grant aid for replanting is not currently available it is possible that the Forestry Commission may offer new replanting grants under their new England Woodland Grant Scheme (EWGS) which is potentially going to re-open in 2015 once the review is completed.
Taxation After two years ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances it is possible to roll-over Capital Gains into the proportion of the purchase price attributable to the value of the land. Sporting Rights The sporting rights are owned and included in the sale. They are not let. Mineral Rights These are owned and included in the sale except as reserved by statute. Fencing There are no known fencing liabilities. Rights of Way The woodland is subject to a right of way for pedestrian and vehicular use, shown ABC on the sale plan, in favour of the neighbouring landowner to the east. Maintenance is according to user. There is a further right for a neighbour to access his land to the north along the route AB. This right expires in July 2015 with no option to renew. Rights and Easements The woodland is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and any other easements.
Wayleaves The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. Plans and Areas These are based on the Ordnance Survey and are for reference only. The purchaser shall be deemed to have satisfied himself as to their accuracy and any error or misstatement shall not annul the sale or entitle any party to compensation in respect thereof. Tenure and Possession Freehold. Vacant possession with be given on completion.
Directions The property is approached via country lanes off the B3170 Taunton to Honiton road. Leave the M5 at Junction 25 and from the centre of Taunton take the B3170 signed to Corfe. 6 miles south of Corfe village turn right signed to Churchingford. Take the Hemyock road from Churchingford and after 2 miles turn right signed to Stapley Mill. The east side of the woodland can be seen on the left after half a mile but the best access is reached by following the minor roads to the access on the north-western side. The sale plan shows the roads around the wood. There is a semi-metalled track from point A. OS 1:50,000 Map 193 Ref ST190134. Nearest postcode TA3 7QA.
Method of Sale Pay Plantation is offered for sale by Private Treaty as a whole. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted.
Viewing Viewing is strictly by appointment only. Prospective purchasers are asked to contact the selling agents to arrange a viewing. Please be aware of hazards within the wood when viewing.
JOINT SELLING AGENTS
John Clegg & Co
Suite 8 Rectory House Thame Road, Haddenham Buckinghamshire HP17 8DA Tel: 01844-291384 Email: [email protected]
Knight Frank LLP
19 Southernhay East Exeter, Devon EX1 1QD Tel: 01392 423111 Email: [email protected]
Important Notice IMPORTANT NOTICE
John Clegg & Co LLP and Knight Frank LLP for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co LLP and Knight Frank LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither John Clegg & Co LLP, Knight Frank LLP nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared October 2014. John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH12AS Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934 whose registered office is 55 Baker Street, London, W1U 8AN.
Knight Frank LLP
19 Southernhay East, Exeter Devon EX1 1QD - Telephone: 01392 423111 www.knightfrank.com
John Clegg & Co LLP
Suite 8 Rectory House, Thame Road, Haddenham Buckinghamshire HP17 8DA - Telephone: 01844 291384 www.johnclegg.co.uk
