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House for sale
New Mill Lane, Forest Town, Mansfield, NG19 0HH
£1,300,000
New Mill Lane, Forest Town, Mansfield, NG19 0HH
£1,300,000
Our Summary
- We are able to provide evidence of a pre planning application submitted by the current owners for conversion to holiday cottages which was positively received
- There is further scope to increase the income by letting the 1 bed flat, the office suite, and various areas within the 12 acres of land
Description
Warren Farm Stables is a unique property located in Nottinghamshire, comprising a Grade II listed stone barn, commercial buildings, and equestrian facilities, all set on approximately 12.6 acres of land. The barn has extant planning consent to convert into two residential dwellings, with one already completed and occupied by the current owners. The commercial buildings offer a total of 13,600 square feet of space, with potential for rental income. The equestrian facilities include stabling for over 27 horses, a manège, and a quest flat. The land is divided into grazing paddocks and a hay meadow, with its own access onto a public bridleway. The property has significant potential for income generation, with estimates suggesting a combined rental income of over £160,000 per annum. Additionally, there are opportunities to increase income by letting the quest flat, office suite, and various areas of the land.