Holiday Cottages for sale in Torpoint

This business has been SOLD, however we have a range of similar businesses that are still available below...

Large family home with 6 cottages and a heated swimming pool in 3 acres on the South coast of Cornwall

Torpoint, Cornwall, England

  • Freehold Price: £1,200,000  Price Reduced arrow_drop_down
  • Sold
Seller Reference: PAX01306038612
Business Description
Seller Reference: PAX01306038612
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 seventeen 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...
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 seventeen 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.

New owners might continue to run Wringford as an accommodation business, or it would make a wonderful home for an extended family. There is also the option to 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 a further 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, and part is used by the owners providing another en-suite bedroom and a sewing room.

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 heated 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.
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