9th July 2020
The original Holland House Stables was formerly known as Lansdowne House, owned by Jack Watts in 1920 before changing hands in 1957 to Basil Foster and renamed in honor of chaser ‘Joe Holland’ who provided Foster his first success after commencing training in 1955 at Enfield.
The property suffered fire damage and was eventually demolished providing a level site with road access from Rowley Drive and immediately adjacent to the horse walk linking Racecourse Side and Bury Side Training Grounds.
The current owner obtained full planning permission (Ref: F/2012/0671/FUL) for redevelopment to create a 60-box yard with a head lad’s cottage, staff accommodation and hospitality facilities. (Further details of the previous application are available from the selling agents or via the West Suffolk (Forest Heath) District Council planning portal.)
The permission has now expired although the planning authority are likely to look favourably on a re-application for either the existing scheme, or a new racing related proposal.
The property occupies a strategic location near the town centre and within close proximity to an area for which a major re-development proposals are being submitted; ‘Fitzroy Park’ will include new homes, flats, offices, petrol station and convenience store together with the refurbishment of the historic Queensbury Lodge Stables adjoining the High Street.
The property is offered for sale subject to an Overage Agreement effective for a period of 25 years from the date of completion payable on the implementation of planning or disposal subject to planning permission for any non-racing or equine related use.
The amount payable would be 50% of the increase in value from the current use value net of costs. The terms of the Agreement may be negotiable subject to purchase price.
A full brochure for the property can be downloaded here.
A location plan of the property can be downloaded here.
