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Millhayes Fishery, Kentisbeare, EX15 2AF

For sale: £250,000.00|22.89 Acres|Other, Other Property Types & Opportunities


FOR SALE£250,000.00
SIZE22.89 Acres
ADDRESSMillhayes Fishery, , Kentisbeare, EX15 2AF
TYPEOther, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON28th June 2020


Millhayes Fishery is an established coarse fishery with the benefit of adjacent amenity woodland and grazing land which historically had the benefit of planning permission for 8 fishing holiday lodges.

The property is located approximately 3.5 miles from Junction 28 of the M5, 4 miles from Cullompton and 22 miles from Exeter.

The Fishery - Lot 1
Millhayes Fishery has the benefit of 2 well stocked coarse fishing lakes and a potential stock pond.
Big Lake - An attractive lake extending to 1.98 acres (0.8 ha) which a maximum depth of 10' and 20 pegs. Stocked with predominately carp to 20lbs+, tench, roach and rudd.
Small Lake - Extending to 0.49 acres (0.2 ha) with a maximum of 4' , 6 pegs. Stocked with crucian carp, bream, rudd and roach.

Spring Pond - Located to the north of the big and small lakes powerful springs feed Spring Pond which then feeds the Big Lake.

Situated to the north of the fishing lakes on a gently sloping bank is an area of predominantly broadleaved woodland planted under the Farm Woodland Premium Scheme (now expired). The main species comprise of ash, oak, sweet chestnut, cherry and mountain ash.

The trees have been well maintained and the main woodland has the benefit of open glades.

Cricket Bat Willows
A crop of cricket bat willows is currently growing around the lakes.

Development Potential
Planning permission was granted in September 2005 Reference 05/02081/FUL by Mid Devon District Council for 8 fishing lodges.

The application site plan showed 8 lodges being situated in the woodland glades above the Big Lake.
The approved plans were for three bedroom lodges measuring 7.9 metres x 6.5 metres.

This planning permission has EXPIRED but the planning policy supports holiday accommodation.

No services are currently connected to the property but overhead electricity powerlines cross through the middle of the site.

The Business
Millhayes Fishery has been established for many years and was run as a commercial coarse fishery. In the last few years due to family circumstances the fishery has been run on a low key basis and there are no accounts available.

Grazing Land - Lot 2
Extending to approximately 10.84 acres (4.4 ha) with the benefit of a separate access.

Originally an area of former arable land 9.4 acres (3.8 ha) is down to permanent pasture and a small copse planted under the Farm Woodland Premium Scheme extending to approximately 1.44 acres (0.6 ha).

The land is eligible for payments under the Basic Payment Scheme and is currently let to a local grazier on a verbal agreement.

The property will be sold subject to an Overage Provision, reserving to the Seller 30% of the uplift in value resulting from the grant of planning consent for residential development. The Overage will be triggered upon grant of planning consent and will be payable on commencement of development, or on the sale of the property (whichever is sooner), with the benefit of such consent. The Overage will be for a period of 20 years.

Agents' Notes
Tenure and Possession
The property is offered for sale freehold as a whole with vacant possession on completion.

Fixtures, Fittings and Stock
The sale includes fixtures and fittings and fish stocks within the lakes. Fenn Wright are not liable in any way for the quality or quantity of the fish stocks, nor any death or disease that may affect such stocks. Purchasers must satisfy themselves as to the quality and quantity of the fish stocks prior to purchase.

Rights of Way and Easements
The property is sold subject to and with the benefit of all existing Rights of Way, whether public or private, light, support, drainage, water and electricity supplied in other rights obligations, easements, quasi-easements and restrictive covenants or all existing proposed wayleaves for masts, staves, cables, drains, water and gas and other pipes, whether referred to in these particulars or not.

Consumer Protection Regulations
Under the regulations, what we say or publish about a property must not be false or misleading and we�must provide certain material information to enable a potential viewer or purchaser to take an informed transactional decision.

Any areas, measurements or distances referred to as approximate are given as a guide and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.

Important Notice
Fenn Wright for themselves and the Vendor of this property whose Agents they are, give notice that:
The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchaser/s and lessees should seek their own professional advice.

All descriptions, dimensions, areas, reference to condition and if necessary permissions for use and occupation and their details are given in good faith and believed to be correct.

Any intending purchaser/s should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Fenn Wright has any authority to make or give any representation or warranty, whether in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Vendors.

No responsibility can be accepted for any expenses incurred by any intending purchaser/s in inspecting properties that have been sold, let or withdrawn.

Local Authority
Mid Devon District Council
Phoenix House
Phoenix Lane
Tiverton EX16 6PP
Tel: 01884 233000

Photographs taken: June 2020
Particulars prepared:July 2020

Guide Price
Lot 1 - £250,000 (Offers in Excess of)
Lot 2 - £100,000

( Agency Pilot Software Ref: 14869314 )


Location: Millhayes Fishery, , Kentisbeare, EX15 2AF

Tiverton Parkway (3.8 miles)

Whimple (6.9 miles)

Honiton (7.8 miles)

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