Guide Price £120,000
Wagtail Farm, Wagtail Lane
Equestrian centre set on 2.9 hectares (7.2 acres) of permanent grassland • American Barn containing 9 loose boxes • Lean-to containing 5 loose boxes
Stanley offers a full range of local shops, doctors and dental surgeries together with leisure centre, public houses and restaurants. Ideally situated for travel to the dynamic city of Durham, being a short journey away. The thriving business and commercial centre of Newcastle offers a national railway link and International Airport which can be reached by car in approximately 30 minutes. Many of the regions attractions are within a short drive beyond which can be found the delights of North Yorkshire, The Lake District, Northumberland, Scottish Borders and East Coast.
Wagtail Farm is a rare opportunity to purchase a small equestrian centre offering a combination of outbuildings, stables and 2.9 hectares (7.2 acres) of grassland. The property is set in a convenient location with excellent transport links.
The entrance to Wagtail Farm is through double gates which offer security with a pedestrian access to the side. The gates lead into an area of hard standing. The site as a whole comprises a large American Barn measuring approximately 18m x 12m and includes 9 loose boxes, a wash box and space for track and small tools. Attached to the main barn, on its eastern elevation, is a lean-to which measures approximately 4.5m x 18m and offers a further 5 stables and a foaling box. On the barn’s western elevation is an open sided lean-to, ideal for storing hay and straw. There are also 3 large wooden storage sheds and a smaller shed, all of which are have concrete bases.
The land is situated to the rear and east side of the buildings and measures 2.9 hectares (7.2 acres) which is split into paddocks. There is also a partially finished ménage.
There will be an overage provision added to the property which will be in place for 50 years starting on the date of completion of the sale of Wagtail Farm. The overage payment will be due on any development for non-agricultural or non-equestrian property. The payment will equate to 50% of the clawback sum which is any enhancement in value resulting from planning permission over the value of the Property in its current use.
Service and Renewable Energy
The property is fitted with 6 photo-voltaic solar panels, of which the FIT will remain with the property. The solar panels provide power to the electric lighting within the buildings. There is also back-up generator.
The property has mains water and drainage is to a septic tank.
From the A1 (North / South) leave the motorway at Junction 63, taking the fourth exit joining the A167 signposted Stanley/Chester Le Street. Then at the next roundabout take the 2nd exit onto Picktree Lane/B6313. Continue on Picktree Lane/B6313 until reaching Pelton Fell Road/B6313. Continue on the B6313 for four miles and upon arriving on Wagtail lane the property is situated on the right hand side and is identified by a George F White for sale board.
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