6 Bed Detached House For Sale Wick Road, Bristol, BS39

£6,000,000- Detached

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 22nd April 2024

Description

An extraordinary residential and commercial holding occupying an outstanding private position in the heart of the renowned Chew Valley. Substantial detached residential dwelling, exceptional, modern purpose-built let commercial units, together with an adaptable range of agricultural buildings and productive pasture land, in all about 25.74 acres (10.42 ha)

Westway Farm is brought to the market for the first time in 37 years following the decision of the current vendors to retire. This offers prospective purchasers a once in a lifetime opportunity to acquire this exceptional residential and commercial holding, being immediately adjacent to the renowned Chew Valley Lakes, in the heart of the much sought after Chew Valley.

The residence dates back to the 16th Century and was originally a Somerset Long House which was extended by the current vendors in 1988 / 1989. It now provides a substantial 6 bedroom dwelling situated in an enviable location. The property has been developed by the vendors to include conversion of the traditional buildings to commercial lets in and around the late 80s and 90s and now provides a useful commercial space extending to approximately 7,075 sq. ft. In 2020 the vendors developed further commercial units, providing modern, purpose built units extending in total to approximately 7,410 sq. ft. and this project was completed in May 2023, with all units now being let and generating a substantial rental income. To the rear of the main holding are adaptable agricultural buildings, which are ideally situated to a range of alternative uses (subject to obtaining the necessary statutory consents) together with productive Grade I agricultural pasture land and offers potential purchasers an opportunity to enhance the holding further.

In total, the holding extends to about 25.72 acres (10.42 ha) and is offered for sale by private treaty as a whole.

Westway Farm is situated in an enviable position immediately adjacent to Chew Valley Lake and sits within the Mendip Hills Area of Outstanding Natural Beauty, which is widely regarded as some of the most attractive countryside in the area. The property enjoys a private position on the edge of the village of Bishop Sutton with unspoilt views of Chew Valley Lake. The property is situated approximately 11 miles distant (by road) from the centre of Bristol and 13 miles distant (by road) from Bath, which both offer a wide range of commercial, educational and recreational facilities. Nearby, the village of Bishop Sutton offers local amenities to include two convenience stores, post office, public house, garage and library. Situated a short distance away are a wide range of excellent private schools in Bristol, (Clifton College, Bristol Grammar School), Bath (Royal High School, Kingswood School) and Wells (Wells Cathedral School) and the renowned Milfield School at Street, Somerset. Bishop Sutton has a pre-school and primary school and nearby Chew Valley Secondary School providing an outstanding 6th form. For leisure there is sailing and fishing on the adjoining Chew Valley Lake. Golf at Farrington Gurney, Wells, Frome and other local courses. National Hunt racing at Wincanton and flat racing at Bath and Salisbury and riding across the Chew Valley and Mendip Hills.

To the front of the property is a desirable terrace providing good outside space with views overlooking the lakes and the land which surrounds the property. The front of the residence is accessed via a private gravelled driveway through a set of electric gates, providing a secluded area from the main commercial buildings. Adjacent to the residence is a detached garage which measures 6.50m x 15.73m with electric up and over door and is of a stone construction under a pitched tiled roof with concrete floor throughout. To the rear of the residence is a kitchen garden providing a level lawned garden and is bordered by mature trees, being nestled between the main residence and the commercial buildings.

Westway Farm comprises a bespoke Rural Business Park which has a total of 14 units. Units 1-9 are the original units which extend in total to approximately 7,075 sq ft.
More recently, in 2020, a bespoke new build was formed which comprises units 10-14 and extend in total to approximately 7,410 sq ft. The building is of a stone construction under a pitched roof. The principle tenant is NFU mutual, with the remainder of the units let to a variety of businesses. The site has extensive car parking facilities providing ample parking for up to 120 vehicles. Furthermore, the site is alarmed and has a CCTV system in place. In total the rent roll on the commercial premises totals in excess of £274,000 per annum in addition to service charges which leads to a total income for the site in excess of £330,000 each year and therefore provides an excellent investment opportunity. For full details and a tenancy schedule showing the breakdown of the various units and sizes, please contact the selling agent.

To the rear of the commercial site are a range of adaptable agricultural buildings which have been used for storage purposes, sheep housing, lambing and stabling and offer potential for alternative uses, subject to obtaining the necessary statutory consents. The buildings comprise the following: Lambing shed 10.00m x 45m being of a steel mono-pitch building, open to front, with part box profile tin sides and stone floor, Hay barn 8.28m x 15.24m (est) being a steel portal framed building under fibre cement sheeted roof with box profile tin sides and stone floor.

To the front of the house and buildings is a block of productive pasture land extending to 21.79 acres (8.81 ha) or thereabouts in a ring-fence surrounding the main property. Mains water troughs are connected to all of the land, with the land being secured by post and rail fencing being stock proof to the perimeter. The land is classified as Grade I under the DEFRA land classification map, being a small pocket of land on the edge of the lakes which benefits from this unique designation. Previously, the land has provided ample grazing and space for horses but has latterly been used for the grazing of sheep.
Agent Details
Greenslade Taylor Hunt
Unit 6, 8, 9 The Pound, Redhill, BS40 5TZ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 6 bedroom property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested