A DIVERSE RESIDENTIAL, COMMERCIAL AND EQUESTRIAN PROPERTY WITH FURTHER DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING CONSENT)
Merlins is an attractive 3 bedroom property with spacious living accommodation. In addition to the main house is an attached 1
bedroom annexe providing further flexible living arrangements. There are attractive mature gardens surrounding both the house and annexe.
Integrated within the garaging is a residential flat, in all measuring, 2168sq ft, which is currently let on an AST producing £1,100 per calendar month. The flat has the benefit of its own private garden.
The vendors are currently running a vehicle maintenance business from the commercial buildings at Merlins. In total there are around 9,000 sqft of buildings on site most of which is owner occupied. In addition to the commercial buildings are several other buildings and poly tunnels which are used for storage. There is one commercial tenant who occupies two of the smaller units which generates an annual rental income of £9,200.
To the south of the house and located a good distance away from the commercial buildings are the equestrian facilities which currently comprise 3 loose boxes and a tack room along with a 20m x 40m sand school. There are several well fenced paddocks which provide regular turnout for horses. There is also an area of hardstanding adjacent to the sand school which is currently used for vehicle storage measuring around 560 square metres.
The site is well screened and may have potential for intensification and expansion of current uses or change of use for residential redevelopment of whole or part in the longer term subject to the necessary consents.
Method of Sale: The property is offered for sale by private treaty as a whole.
Tenure and Possession: The tenure of the property is freehold with vacant possession being granted upon completion.
Plans, Areas and Schedules: The plans and associated acreages have been prepared for illustrative purposes and their accuracy cannot be guaranteed.
Town and Country Planning: Merlins is not Listed. Interested parties are recommended to undertake their own investigations into the prospects for any planning.
Easements, Wayleaves & Rights of Way: The property is offered for sale, subject to and with benefit of all rights of wayeither public or private, all easements, wayleaves and other rights of way whether specifically mentioned or not. There are public rights of way across the Estate.
Overage: Development overage of 25% will be applied should the property become developable within 25 years of completion of the sale.
Council Tax Band: Merlins D, Annexe A, Flat B
EPC: Merlins D, Flat E
Local Authorities: East Sussex County Council (0345 608 0190) & Lewes District Council (01273 471600)
View payable Stamp Duty for this property