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FOR SALE – DANE SPRING FARM, HARPENDEN

Guide Price £2,250,000
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Property Description

A rare opportunity to purchase a significant range of modern buildings together with yard space, pastureland and a mobile home close to Harpenden. The property offers further residential, commercial, equestrian and agricultural development opportunities.

A number of Businesses have rented space on Dane Spring Farm in the past and were generating a rent of £72,000 pa. A rent of £235,000 pa could be possible if all the units and enclosed yard spaces were let for business purposes (subject to planning).

The property has historically been used by the current owner for agricultural purposes and for the storage, processing and distribution of timber for firewood. This has included accessing the site with large farm machinery and HGVs. The owner has an HGV ‘O’ licence for two vehicles and trailers registered to the Property.

The farm sits in a very popular and well-connected location in Hertfordshire in an area made up of affluent towns, villages and farmland.

Approximately 15.27 acres (6.18 hectares) of land and 31,281sq.ft (2,906sq.m) of buildings.

Harpenden (rail station) – 2.5 miles
St Albans – 6 miles
Welwyn Garden City (rail) – 9.1 miles
London (marble arch) – 30 miles

Trains from Harpenden to central London (St Pancras) take from 23 minutes. Those from Welwyn to Kings Cross take from 26 minutes.

Planning & Development
The property sits within the Green Belt and a Landscape Conservation Area. Prospective buyers should make their own enquiries with regard to planning, but the following should be noted:

–  A Certificate of Lawfulness has been granted for residential use of a mobile home. It could be possible to obtain further permission for a single dwelling.

– Planning consent has been obtained for commercial storage, processing and distribution of timber.

– Class R Permitted Development Rights allow the change of use of up to 10,764sq.ft (10,000 sq.m) of agricultural buildings to commercial uses.

– Prior approval (not implemented) was given to extend an existing building for agricultural purposes.

Services
Mains water and electricity are connected. Private drainage.

Possession
The property is available with Vacant Possession, save as ‘Yard 1’ is let on an excluded ’54 Act Tenancy until 8 January 2027. This letting is currently producing an income of £30,000 pa.

The vendor would like to retain possession of Yard 2 (and Buildings 1 & 2) until April 2025; Building 3 for up to 12 months from completion and to use the stables until their animals can be relocated. Terms to be agreed.

Local Authority
St Albans City & District Council.

Easements, Covenants and Rights of Way
An electricity cables passes overhead. There are no public rights of way over the property.

Overage Provision
The seller reserves the right to receive 25% of any uplift in value arising from planning permission/prior approval for residential development uses (other than a single dwelling) within 25 years of sale completion.

Viewing
Strictly by appointment with the sole selling agent Weldon Beesly.

Health and Safety
A farm and forestry business operates from the site, so we ask that you be as vigilant as possible when making any inspection, for your own personal safety and that of others.

City:
Area/County:
Postcode: AL5 5EB
Country: United Kingdom
Property Id: 24413

Jack Panton

Phone:01727 807233
Email:[email protected]

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