3 You should state whether your offer is cash or dependent upon borrowed finance or the sale of another property.

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1 Your ref: Our ref: JP/jdfw/P DD: E: Date: 23/05/2017 Dear Sir/Madam FARTHING HALL STABLES, LETTY GREEN SEALED BIDS As a result of the considerable interest that has been shown in the property at Farthing Hall Stables, we are instructed to set a date for sealed bids from all interested parties. Offers must be made in writing on the enclosed form to be received at the office of Bidwells, 2 nd Floor, 45 Grosvenor Road, St Albans, Hertfordshire AL1 3AW by 2pm on Wednesday 31 May Please write "Farthing Hall Stables Sealed Bids on the outside of the envelope for the attention of Jack Panton. Your offer should be submitted upon the following basis: 1 For the Whole, as detailed in the sales particulars. 2 That there would be no impediment to Exchange of Contracts taking place, if required, within 21 working days, of receipt of papers from the Vendor s solicitor (when a 10% deposit will be paid). Completion by agreement. 3 You should state whether your offer is cash or dependent upon borrowed finance or the sale of another property. 4 For a fixed sum in pounds sterling. No escalating bid or any offer calculated by reference to other offers will be considered. 5 To reduce the possibility of there being two identical offers your offer should be for an uneven amount. 6 Your offer should be accompanied by written confirmation, or evidence of funding from your bank, building society or similar lender to confirm funds would be available for you to complete a sale in the time schedule set out above. 7 If you are submitting an offer on behalf of another party or parties you should state the names and addresses of those parties and you should confirm your authority to act as an agent and give the name of the party who will sign the contract. 8 You should state the name and address of the solicitor who will act on your behalf in the event that your offer is accepted. 45 Grosvenor Road, St Albans AL1 3AW T: E: info@bidwells.co.uk W: bidwells.co.uk Bidwells is a trading name of Bidwells LLP, a limited liability partnership, registered in England and Wales with number OC Registered office: Bidwell House Trumpington Road Cambridge CB2 9LD. A list of members is available for inspection at the above address.

2 Farthing Hall Stables, Letty Green Sealed Bids 9 Offers are invited subject to contract and should be made in accordance with the terms contained in the particulars of sale. If you wish to vary the terms this should be clearly stated. 10 The Vendor reserves the right not to accept the highest offer or any offer at all. 11 We will consider offer forms completed correctly and returned by . An offer form is enclosed for you to complete and return. returns will be considered if submitted in accordance with this letter and the offer form is completed correctly. If you have any queries, please do not hesitate to contact Jack Panton at Bidwells (tel: ). Yours faithfully Bidwells Rural Enclosures Page 2

3 OFFER FORM Farthing Hall Stables Subject to Contract *I / We... PLEASE PRINT Address... Tel Nos (home)... (work)... (mob) Hereby offer the following sum for all of Farthing Hall Stables, Letty Green, Hertfordshire. The Whole. Where varying the terms as set out in the sales particulars please explain here:... If your offer is conditional on any surveys, reports or other information please explain here:.. *I / We confirm that we are able to exchange contracts within 21 working days of our offer being accepted, if required. Funding 1 *I/We are cash buyers. 2 Finance will be funded by borrowing from: Name and address of bankers or other funding source:

4 3 *I / We enclose written confirmation of funding from this lender - *Yes / No and confirm our authority for you to make contact with them to discuss this transaction. The name and address of *my / our Solicitors are: The solicitor acting is... Telephone number... * Please delete as appropriate It is accepted that the Vendor reserves the right to accept or refuse any offer and will not be bound to accept the highest or any offer. Signed... Date... Please place your offer in a sealed envelope marked "Farthing Hall Stables Sealed Bids" for the attention of Jack Panton and return to Bidwells, by 2pm on Wednesday 31 May Offers submitted by will be considered, providing they are completed in accordance with the provisions set out in the accompanying sealed bid letter. If you are submitting the bid by post and would like us to confirm that we have received your envelope please put your name or distinguishing mark on the back of the envelope. If you telephone the office we can acknowledge receipt. If you are submitting the bid by , we will reply by , but only on request. We will notify all parties whether they have been successful or otherwise as soon as possible. Page 2

5 FARTHING HALL STABLES LETTY GREEN, HERTFORDSHIRE

6 A Development Opportunity (STPP) with Equestrian Facilities and Land An increasingly rare opportunity offering the chance to acquire a residential unit measuring 598 sq.ft (55.5 sq.m), plus equestrian facilities, other structures and three paddocks in this lovely rural setting. The total built element measures circa 3,631 sq.ft (337.3 sq.m) and gives the possibility of extending the residential part, subject to planning. In all approximately hectares (3.12 acres) Communications Welwyn Garden City 3 miles Welwyn Garden City Rail 3.3 miles Hertford 4 miles London 25 miles For sale as a Whole by Private Treaty Enquiries Jack Panton or Julie Walsh 45 Grosvenor Road St Albans AL1 3AW jack.panton@bidwells.co.uk julie.walsh@bidwells.co.uk bidwells.co.uk FARTHING HALL STABLES COLE GREEN LANE, LETTY GREEN HERTFORDSHIRE

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8 Introduction A rare chance to purchase an Equestrian Development Opportunity offering scope to potentially redevelop the existing structure or knock down, whilst expanding on the Certificate of Lawful Use obtained permitting use of 598 sq.ft of the ground floor for residential. Planning permission would be required for any development and Bidwells has not spoken to East Herts District Council about any further development at the property. In addition are nine stables and a store area, a portakabin and circa 3.12 acres of land. Situation Farthing Hall Stables is well situated in some of Hertfordshire s finest countryside and is within 25 miles of central London. The village of Letty Green lies to the south of the Holding and the town centres of Welwyn Garden City and Hertford are within easy reach (3 and 4 miles respectively) - both provide comprehensive shopping and travel facilities. Communications in the area are excellent. The A1(M) is about 4 miles away. From Welwyn Garden City there are frequent trains to London (Kings Cross in 20 mins). There is a fantastic selection of golf courses in the area including Brocket Hall with its outstanding Auberge du Lac restaurant, Knebworth, Mid Herts. at nearby Gustard Wood and the challenging course at Hammonds End, Harpenden. Good schools are numerous and include Haileybury College and Heath Mount Preparatory School, both in Hertford. Lochinver House School and Stormont school are also close by. Access Access to Farthing Hall Stables is available across the access and car park to The Cowper Arms Public House. This is available at all times and for all purposes. Planning Summary A Certificate of Lawful Use or Development has been granted, which allows part of the main building at Farthing Hall Stables to be used as residential accommodation. The area of this accommodation extends to approximately 598 sq.ft (55.5 sq.m). The Application Reference is 3/17/0120/CLE and copies of this are available on request. Services and Utilities Single phase electricity and mains water are connected. A septic tank provides sewerage. Water is connected to the land. Tenure and Possession The property is being sold Freehold and Vacant Possession will be available on the whole. Local Authority East Herts District Council; Viewings Strictly by appointment only. Post Code The nearest post code is SG14 2NL. Agent's Note We wish to inform prospective purchasers we have prepared these particulars as a guide. If communications, condition of the property, situation, or other factors are of particular importance to you, please discuss these with us before arranging an appointment to view; this should avoid a wasted journey. Prospective purchasers should be particularly aware of the access route over the car park of the nearby public house. The photographs were taken and these particulars were prepared in May 2017.

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10 bidwells.co.uk Important Notice These particulars do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Bidwells LLP has no authority to make or give in writing or verbally any representation or warranties in relation to the property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. No assumptions should be made that the property has all necessary planning, building regulation or other consents. Bidwells LLP have not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. In the interest of Health & Safety, please ensure that you take due care when inspecting the property. Bidwells LLP is a limited liability partnership registered in England & Wales (registered number OC344553). Registered head office is Bidwell House, Trumpington Road, Cambridge, CB2 9LD, where a list of members is available for inspection