Holiday Cottages for sale in Torpoint

View the "Holiday Cottage business with development potential in Cawsand Cornwall" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Holiday Cottage business with development potential in Cawsand Cornwall

Torpoint, Cornwall, England

  • Freehold Price: £1,400,000
Seller Reference: PAX01306038612
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Image 1 of 14 video_library
Seller Reference: PAX01306038612
Request Details
Business Description
A stone built Cornish farmhouse (circa 1850) with six holiday lets set in three acres of grounds on the South coast of Cornwall providing a total of roughly 10,000 sq ft of accommodation.

The current owners have had the property for fifteen years and want to release some capital so as to enjoy their retirement.

They originally ran the property as a 24 bedroom Hotel with 40 cover restaurant and bar, but have gradually converted to the current six holiday let configuration as they looked for an easier life. The building conversions utilised existing outbuildings, but also include a purpose built bungalow and a dormer bungalow. The restaurant and bar licences still exist, but are not being used. The premises had a wedding licence which has been allowed to lapse but could easily be renewed.

They anticipate that new owners might turn the property back into a very successful business, might simply use it as a large family home, or might develop it for residential use. Discussions have been had with planning regarding the possibility of converting the site into a small hamlet – the existing buildings lend themselves to being split into 6/7 three bedroom houses. The idea was well received, but the current owners have decided that they don’t want to take on a large project at this stage in their lives.

On one of the photographs attached the buildings are numbered as follows:

1. The main farmhouse, which the owners live in has three stories and provides three en-suite bedrooms, an office, sitting room, catering kitchen and a large storeroom. There are doorways connecting building 1 to building 2 on all three floors.

2. This building is known as Wringford Manor and is also three stories. It has five en-suite bedrooms and a large lounge/kitchen/dining room. It is set up in such a way that it can be used either as a five bedroom cottage or as five B&B rooms. The ground floor used to be the restaurant and is currently used by the owners as their main lounge/dining room. It would be a simple matter to start running the restaurant and bar again.

3. Part of this building is used as a one bedroom cottage called Forder, part is reception area/bar/games room, part is used by the owners and has another en-suite bedroom and a sewing room, and the top floor provides the largest of Wringford Manor's five en-suite bedrooms.

4. A pre-fabricated chalet known as Maker Lodge which has three bedrooms, a bathroom, kitchen/dining room and a lounge.

5. A dormer bungalow known as Wringford Cottage which has three bedrooms, a bathroom, and a lounge/kitchen/dining room.

6. An agricultural shed (24ftX75ft) which has in the past been used as a play barn and a nursery school but is currently used as storage. It has planning permission for the uses mentioned and permission would very likely be granted to build another holiday let or two should someone want to.

7/8. Two semi-detached bungalows currently split 25/75 to provide a one bedroom holiday let called Freathy and a five bedroom holiday let called Sharrow.

9. A wooden building containing the swimming pool (30ftX15ft).

In the grounds there is an old tennis court which these days is used as a kick about area, a summer house which contains a table tennis table, a duck pond fed by a natural spring and about an acre is given over to a paddock for the two Shetland ponies that live here. It is likely that permission would be granted for log cabins on the tennis court and/or paddock should someone wish to expand the business.
Number of employees:
1-5
Tenure:
Freehold
Is accommodation included?:
Yes
Support and Training:
The current owners are staying in the area and are happy to provide a handover period and ongoing support.
Location Details:
The property is in a sought after location on the edge of the village of Cawsand in an area of outstanding natural beauty. The beaches at Cawsand and Whitsand are just a short walk away, as is the entrance to the Mount Edgcumbe Country Park.
Is this business home based:
Yes
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image