Leisure/hospitality for sale in Standlake, Witney OX29
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Property features
- Superb Carp Fishing Lakes in a Sought-After Location.
- Oxlease Lake, Hunts Corner Lake and Hunts Corner Pond.
- Currently Operated as part of the wider Linear Fisheries Complex.
- Appealing as an Investment Property or to a Hands-on Operator.
Property description
Coloured Purple on the attached plan. About 65.83 acres (26.63 hectares)
Superb carp fishery lakes, currently tenanted, which are located close to the sought after village of Standlake and offer a significant investment income. The lakes form part of Eagle Farm which is being offered for sale either as a whole or in up to 6 Lots (see separate listings for details of all the other Lots available)
* Oxford 12 miles (trains to Marylebone 1 hour)
* Witney 6 miles
* Burford 12 miles
* Didcot 15 miles (Trains to London Paddington 40 mins)
Comprising Oxlease Lake, Hunts Corner Lake and Hunts Corner Pond together with the surrounding land, the fishing lakes are operated as part of the wider Linear Fisheries complex, which is regarded as one of the best day ticket Carp fishing venues in the country. The operator currently provides 40 swims on the well-stocked Oxlease Lake, which has a Common Carp Lake record of over 52 lb. Hunts Corner Lake currently provides 10 swims and has a Common Carp record of over 45lb. Hunts Corner Pond is stocked with Roach, Rudd and Perch with some Carp.
The Lakes are leased to the current occupier on a 25 year lease from 2019, but with a break clause upon 18 months notice. The Lakes are therefore appealing either as an investment property or alternatively to a hands on operator. The Carp fishery stock belongs to the Tenant and are specifically excluded from the sale. There is the ability under the terms of the lease to elect to purchase the fish stock at a price equivalent to 22.5% of their valuation upon the determination of the lease. Further details with regards to the lease and rental are available from the Agents for interested parties.
Tenure and Possession
Lot 6 (The Fishing Lakes) are let by way of a lease dated April 2019 for a period of 25 years. There is a mutual break clause in the tenancy providing a break instigated by either party upon 18 months' notice. There is a provision for the Landlord to elect to purchase the fish stock at 22.5% of the agreed valuation of the stock.
The rent for the Fishing Lakes is comprised of a Base Rent and a Turnover Rent, further details, for interested parties, are available from the Agents. In addition to the Operators Lease and Freehold, there are various 990year underlying lease arrangements which will also form part of the sale.
Mineral Rights
In respect of Lot 5, part of the land has been dug and restored as have, of course, the Lakes in Lot 6.
Health & Safety
Given the potential hazards of Deep Water and Agricultural Buildings we ask you to be as vigilant as possible when making your inspection for your own personal safety. Under no circumstances should any inspection be undertaken without an appointment and a member of Adkin staff present.
Viewing
strictly by appointment only. The land and lakes are tenanted and can only be viewed by appointment. Please contact Charlotte Bailey, Liane Marchant or Kevin Prince to make your appointment.
For Further Information
See attached particulars for full details or contact Charlotte Bailey or Kevin Prince at Adkin.
Directions
From Oxford proceed west on the A40 to Witney. Take the A415 exit towards Abingdon. Follow the road for approximately 2.5 miles until you reach the junction. At the traffic lights take the B4449 turning towards Eynsham and Stanton Harcourt. Remain on the B4449 for 1 mile whereby you will pass the main entrance to Linear Fisheries and Cemex Works on your right hand side. In approximately 250 yards take the first right signposted in 'Brown' to West Oxfordshire Sailing Club, Linear Fisheries, Hunts Corner and Oxlease Lakes. Follow the private access road for approximately 0.9 miles. You will pass the West Oxfordshire Sailing Club and immediately after will arrive at the car parking area/meeting point where the road ends.
What3Words
The car park closest to the lakes can be found at What3Words ///unloads.legs.quest
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Adkin, OX12 on +44 1235 244036 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Adkin, and do not constitute property particulars. Please contact Adkin for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.