DINES BARN, HATHERDEN, NEAR ANDOVER, HAMPSHIRE, SP11 0HU an Investment Opportunity to Acquire a Residential Holiday Let
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DINES BARN, HATHERDEN, NEAR ANDOVER, HAMPSHIRE, SP11 0HU An investment opportunity to acquire a residential holiday let. THE PROPERTY SITUATION A commercial residential investment (the property Andover 3.3 miles • Grateley 12 miles only to be used as a holiday let up to a maximum of Marlborough 20 miles • Winchester 22 miles 42 weeks per annum). Salisbury 24 miles Dines Barn is a converted Victorian brick and flint Dines Barn offers an opportunity as a luxury holiday farm building converted into a residential holiday let accommodation and rural retreat for guests. in 2007. This is an investment opportunity as a holiday let and offers a rural location which can be Situated in Hatherden within the Test Valley with appealing for holiday lets. The property cannot be neighbouring villages of Tangley and Charlton, used for normal residential occupation because the offering a village shop and pub. The nearest town is planning permission restricts the use of the property Andover 3.3 miles away more comprehensive for holiday accommodation only and this is limited to convenience stores. no more than 42 weeks per annum. The local Old Bell & Crown pub is a short drive from The property was renovated to a good standard and the property. There is also The Fox Inn and other the accommodation is light and very well arranged. eatery’s within a ten minute drive from the Dines There is underfloor heating throughout. The Main Barn. bedroom and En-suite overlook the front drive and land beyond. There are two further bedrooms which There are a range of rural walks amongst the have shared use of the a bathroom. countryside as well as neighbouring cities such as Marlborough, Winchester & Salisbury which can The Outside has ample parking with a gravel area for also be explored by guests. alfresco dining and a BBQ area. To one end of the barn is an area of lawn. ACCOMMODATION Ground Floor Entrance Hall • Kitchen / Sitting room Utility room • Main Bedroom • Ensuite Two further Bedrooms • Family Bathroom Outside Ample Parking • Garden Area Gravel area for Dining outdoors SERVICES Oil fired central heating Private Drainage Mains water and electricity BUSINESS Further detail can be provided but for information purposes the average income for holiday letting over the last 4 years has been Gross - £20,589 less expenses - £9,794 with a Net Income - £10,795. Further information can be available on request. AGENTS NOTE 1. The Agents have prepared an information pack including information containing the planning consent and relevant business detail. TENURE Freehold. PLANNING Planning permission for the property was granted in 2000. Ref: TVN08013/1 BUSINESS RATES This is subject to business rates RV 5,1000 Note - No rates payable as Dine’s barn qualifies for 100% Small Business Rates Relief. GUIDE PRICE - £525,000 DIRECTIONS: SP11 0HU AGENTS NOTES From the A303 take the exit to Andover and head towards the A343 towards Charlton. 1. This is a Holiday Let and is restricted for holiday Drive through Charlton village along the Hatherden Road. Continue straight at the first accommodation only and cannot be used for residential purposes. roundabout. Turn right down Sambourn Lane just last the Hatherden Church. Take the sec- 2. Dines Barn is restricted for lets up to 42 weeks per annum. ond left down Dine Copse Lane. Continue pass the houses on the left and you will see Dines 3. The Agents point out to prospective purchasers that the property can only be Barn situated at the end of the track. occupied solely on a commercial basis and is not to be considered ‘a weekend escape’ for any future owner of the property. VIEWINGS Strictly by appointment through Myddelton and Major LOCAL AUTHORITY Tel: 01264 316000 Test Valley Borough Council Tel: 01264 368000 Money Laundering Regulations 2017 Please note, purchasers will be required to provide identity information so anti-money laundering checks can be undertaken before an offer can be accepted on any property we are marketing. .