Acres - Knowstone, South Molton, Devon, EX36

An adaptable and well-located smallholding investment, offering residential, commercial and agricultural opportunities. Set in 10.43 acres.



DESCRIPTION
Manor Farm originally formed part of Knowstone Manor ? a substantial country house that was destroyed by fire in the 1960’s. The current farmhouse was created from one of the original wings of the Manor house and today, provides for fantastic, convenient and flexible accommodation, along with an extensive range of principally modern outbuildings (extending to around 17,730 sq.ft. or thereabouts). The buildings were formerly agricultural, but the majority currently benefit from B8 Use Class (Storage and Distribution), and are occupied by commercial occupiers under a series of flexible short-term licence agreements. The licenced buildings currently generate an income in excess of £11,500 per annum, with further informal income and solar Feed in Tariff (FIT) income of around £5,000, making the holding an extremely rare and attractive investment. Surrounding the property and outbuildings, there are beautiful and well stocked gardens, together with paddocks.

The holding extends in total to around 10.43 acres.

Manor Farm accommodation comprises of; front door into Entrance Hall. Bedroom 4 with dual aspect via French door to the rear terrace and built-in wardrobe. Bathroom with matching white suite comprising corner bath with shower over, pedestal wash hand basin, close coupled WC and under floor heating. Kitchen/Dining Room a spacious open plan room with stairs rising to the first floor in two flights. The Kitchen is fitted with an extensive range of wood fronted wall, base and drawer units with work surface over incorporating composite 1 1/4 bowl single drainer sink unit with mixer tap over, electric double oven and four ring hob with extractor hood over, integrated dishwasher and underfloor heating. Rear Entrance Lobby/Utility Room provides additional storage and space and plumbing for a washing machine, as well as housing the oil-fired boiler. From the Dining area of the Kitchen, double doors open into the Sitting Room with triple aspect and doors leading out to the rear.

An attractive wooden staircase rises to the first floor landing with Velux window. Bedroom 1 is a large double bedroom with dual aspect. Bedroom 2 is a double bedroom with Velux window. Bedroom 3 is a double bedroom with dormer window. Family Bathroom is fitted with a matching suite comprising panelled bath with electric shower over, close coupled WC and pedestal wash hand basin set within vanity unit. The first floor rooms have slightly restricted head heights in parts.

OUTSIDE
The property is approached over a hardened trackway leading from the adopted public highway, which is shared with other properties and a farm.   The latter section is shared with one other dwelling ?Manor Farm Cottage? which is situated within the title of Manor Farm and enjoys a right of access through the yard?see site plan included with these particulars.

To the front of the property, there is a concrete forecourt with a brick paved parking area. Adjacent to this, there is a level lawned area with raised flower borders. The drive continues through to the rear of the property and provides access to the brick paved terrace.

Beyond this, there is a Mediterranean-style courtyard area with a decked terrace, adjoining Bedroom 4. Next to the terrace, there is an adjoining open expanse of garden area comprising further paving and a feature pond set within the level lawns , with a ha-ha opening to the adjoining field and taking advantage of the far-reaching rural views.

To the north of the property, there are further formal gardens laid principally to lawn and with flower and shrub borders, interspersed with various ornamental trees and shrubs.

THE BUILDINGS
The buildings of Manor Farm consist of principally modern-style portal-framed buildings, formerly used for general agricultural purposes but now provide extensive general workshop, garaging and ancillary storage. Some are utilised by the current Vendors for their own personal use, but the majority are let under short-term licence agreements to various occupiers and produce a substantial investment income. These buildings benefit from B8 Use Class (Storage and Distribution) and offer scope for improvement and enhancement of income generation. Further details can be provided upon request.

In total, the buildings extend to around 17,730 sq.ft. or thereabouts of space.

Situated on the domestic garage, there is a 4kw photo voltaic array and with a further 10kW array situated at ground level. Further details can be available upon request from the Agents.

THE LAND
The land is contained within a ring fence and comprises of the gardens, yards and buildings together with two enclosures of gently sloping south-facing permanent pasture land. The land is suited to a variety of alternative livestock enterprises and particularly, to equestrian purposes given the properties outstanding geographical location and extensive buildings.

In total, the property extends to about 10.43 acres, as edged red on the identification plan.

SERVICES
Mains electricity is connected, shared borehole water supply with mains water available. Drainage to a private system. Oil-fired central heating.

COUNCIL TAX AND BUSINESS RATES
Council Tax Band C.

The B8 Use Class Buildings are rated for non-domestic business rates purposes.

North Devon District Council, Lynton House, Commercial Road, Barnstaple EX31 1DG

TENURE
The property is of freehold tenure.

HEALTH & SAFETY POLICY
Please note the property includes outbuildings and agricultural land, with associated risks.
Our Health and Safety Policy requires all interested parties undertaking viewings of this property to be accompanied by a member of our staff. (If so directed by a member of GTH they must wear their own appropriate Personal Protection Equipment (PPE)). If interested parties do not adhere to our policy and view the site unaccompanied (or without PPE) then they do so at their own risk and we/the seller cannot be held liable for any personal injury or associated claim for compensation.

v.2.1 - updated 24/04/2023

The property occupies a rural position within Devon, lying at the end of a shared entrance drive and close to the pretty and historic village of Knowstone which boasts the renowned Masons Arms, a Michelin star rated inn and restaurant. Enjoying convenient access to the A361 (T) ? the North Devon Link Road, the market town of South Molton lies to the north west and Tiverton, to the south east. Both centres are readily accessible and provide an excellent range of commercial, educational and recreational facilities. Beyond Tiverton, the A361 continues to the M5 (J27) and with mainline rail connections available adjacent to this junction at Tiverton Parkway.

The property is set within attractive and gently undulating Devon countryside, providing a wealth of recreational activities for those with all rural interests. The Exmoor National Park lies a short distance to the north, providing wonderful moorland scenery, whilst the spectacular North Devon Coast is only about 40 minutes drive away.

The property is approached over a long hardened entrance drive which leads through an adjoining farm and serves two other residential properties. To the front of the dwelling is a concreted forecourt area with brick paviour parking area flanked by a level lawned area with raised shrub beds. A continuation of the drive leads to the rear of the property and to a gravelled brick paviour terrace. Beyond this is a Mediterranean style courtyard area with decked terrace which adjoins bedroom 4. Adjoining open area with further paving and feature pond set within level lawed areas with a ha ha which opens to the adjoining field and outstanding views. To the north, are further formal gardens laid principally to lawn and with flower and shrub borders, interspersed with various ornamental trees and shrubs.


Council Tax Band: C