House For Sale Stuart Street, Cardiff, CF10

A unique opportunity to acquire the former Cottenham Racecourse

\rDescription

LOT 1 STEEPLE CHASE FARM
Coloured red on the sale plan and extending to 179.38 acres (72.587 hectares) and comprising:-

The Grandstand
In 2023, Nick Dakin of Dakin Estates was granted planning permission on behalf of the Vendor to convert the grandstand into a single four bedroom dwelling to include a home office and garage. Planning permission was granted under reference number 23/03002/FUL.

NP Architects have designed a proposal that is both highly functional and retains a memory of its former use. The ground floor will comprise bedrooms with en suite bathrooms and a reception room. The first floor will include an open plan kitchen, dining and living room with a spacious terrace. Large windows will allow ample natural light into the property as well as framing the far reaching views over the wider farmland.

The planning permission allows for a building known as the Masters hut to be demolished and replaced by an outbuilding housing the home office, garage and ancillary storage.

Agricultural Dwelling
In 1990 and again in 1996, planning permission was granted to build a dwelling subject to an Agricultural Occupancy Condition, whilst these permissions were never enacted, it is likely that a further application may be granted.

Land and buildings
The majority of the land is classified as Grade 2 with areas of Grade 1 towards the western boundary and Grade 3 towards the southern boundary. The soils are described as being of the Milton Series but are variable, the majority being a freely draining loam with a heavier area of clay towards the southern boundary.

• The arable land extends to 111.12 acres and is split into 5 fields.
• The pasture and former racecourse extends to 61.42 acres.

There are two farm buildings located towards the western boundary:-

• A steel framed general purpose barn measuring 80ft v 60ft.
• A timber pole barn measuring 75ft x 60ft.


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Acreage: 179.38 Acres \r

Additional Info

The property is offered for sale freehold subject to two Farm Business Tenancies terminating on 28th September 2025. Further information is available from the selling agents.

The property will be sold subject to a development uplift clause on the basis of 25% of the uplift in value being payable to the Vendor on the grant of planning permission, or use of the land for any non-agricultural use. This will last for a period of 25 years from the date of completion. Further details are available from the selling agents.