An income producing river laboratory, land and buildings, 2 bungalows, river bank land and 1.6 miles of fishing rights. Total 19.4 acres (approx.)
For Sale by Informal Tender Closing 12 Noon on Friday 30th November 2018.
To be read in conjunction with master details for Lots 1 to 4 which includes full details of Terms fo the Informal Tender and tender form.
Lot 1 The River Laboratory at East Stoke is a purpose-built freshwater river laboratory on an immediate site of around 12 acres. Established in the late 1960's the River Laboratory is home to various tenants and comprises 49 rooms in a mixture of offices, laboratories, library and conference facilities together with various additional experimental facilities and 2 semi-detached bungalows. A schedule of tenants, lease terms and rents is available on request.
The River Laboratory totals approximately 6,000 sqft of purpose built research facility (layout plans available on request) in a campus type site of around 11.8 acres together with 2 semi-detached bungalows of around 1,000sqft each, river access, fluvarium and paddock.
In addition, it is sold with river bank land of a further 7.6 acres which is non-contiguous and a short walk from the main River Laboratory together with exclusive fishing rights totalling 1.6 miles (approx.) The rights comprise of 2552 yards single bank and 284 yards double bank on both sides of the East Stoke Road. The fishing is predominantly for salmon and sea trout, as well as brown trout and grayling. More specific information regarding the fishing on the river is included in the particulars for Lot 4 ? The West Holme Fishery.
The site is to be sold as a "going concern" producing around £60,000pa net (no vat) combined income across Lots 1 and 2.
The River Laboratory Accommodation can be broken down as:- The Main Building (Single floor building) Ground Offices 2,178sqft Ground Library 794sqft Ground Laboratories 2,469sqft Ground Storage 328sqft Main Building Total: 5,770sqft (536m2)
Garages Stores 568sqft
Fish Block Ground Labs/Workshop 635sqft
Semi-detached bungalows approximately 1,000sqft each
Paddock (currently let on annual licence) 2.15 acres.
7.6 acres of river bank land which is a short walk to the west of the River Laboratory. The River Frome passes through the middle of this land. Access to the west of this site is best made by walking along the northern river bank from the weir/gauging station. Please note the course of the river has changed and the bridge at the southern end of the site is now redundant.
NB: All Lots are elected for VAT
The River Frome, river bank and areas of Carr woodland are areas of SSSI (sites of special scientific interest)