ADDRESSVere Lodge, West Raynham Road, Fakenham, NR21 7HE
TYPELeisure Property, Licensed & Leisure
TENUREUnder Offer, For Sale Freehold
POSTED ON15th April 2020
Vere Lodge dates to approximately 1800 as a Dower House to Raynham Hall and was owned by the Townsend family. This is the first time in over fifty years the house has been for sale having been in its current ownership since 1963. The house and outbuildings have been extended and converted into 11 separate dwellings 9 of which are currently let on assured shorthold tenancies.
Commercial and Residential opportunity
There is a huge amount of potential and areas of interest to both residential buyers and investors. The property currently operates as a high yielding residential investment and could continue to be held as an investment by a new owner.
However there is a great deal of potential to return Vere Lodge to its original form as a substantial country residence or to modernise and redevelop the land and buildings for holiday lettings, as a wedding venue or for a number of other commercial uses (subject to planning). We suggest first hand inspection to see the opportunities presented.
Vere Lodge is positioned in South Raynham, a small hamlet five miles south of Fakenham. The cluster of villages surrounding are attractive and well connected to major routes both in and out of the county and to nearby market towns of Fakenham and Swaffham, the former having excellent point to point and national hunt racecourse. Some of the most attractive Norfolk landscape can be found here with a gently undulating landscape and the laid-back lifestyle the county is famous for.