Residential Investments for sale in Callington

View the "Fantastic Opportunity, 5 Bedroom House with 4 acres of land, 5 Stables and 4 residential dwellings bringing in generous income - potential income of over £50k per annum - Sale due to retirement" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Fantastic Opportunity, 5 Bedroom House with 4 acres of land, 5 Stables and 4 residential dwellings bringing in generous income - potential income of over £50k per annum - Sale due to retirement

Callington, Cornwall, England

  • Freehold Price: £700,000  Price Reduced arrow_drop_down
  • Annual Turnover: £27,500
Seller Reference: PAX0204976262
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Business Description
 
 
 
 
 
 
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Seller Reference: PAX0204976262
Request Details
Business Description
Fountain Farm is a 5 Bedroom House situated on the outskirts of the busy Cornish town of Callington. It enjoys a semi-rural location with panoramic views over the surrounding countryside and its own grounds extends in area to nearly 4 acres.
The property is a perfect setting for a purchaser seeking not only 5 bedroomed family residence but also a business opportunity with further, at present untapped potential.
The property at present generates an annual income of £27.5k but has potential to increase to over £50k per annum.

Video of property available on Youtube: Fountain Farm Callington

Main Residence includes:
Reception area and cloakroom
Office/Study/ Bedroom 1
Sitting room
Dining Room
Conservatory Lounge
Large Kitchen and Breakfast Dining Room
Utility / Laundry Room
Master Bedroom with Ensuite
Bedroom 2
Bedroom 3
Bedroom 4
Large Bathroom

Large Garden with BBQ Area, Gym, Sauna Room, Hot tub, Greenhouse and Potting shed:
Enclosed paved and lawned garden at various levels enjoying sunshine throughout the day being east, south and west facing. Features includes raised feature pond and fountain, barbecue area and outside sink with recessed lighting and paths on sensors.
The paved patio area has access to sauna, gym, separate changing room shower facilities and a 5 seater hot tub with LED lights:- The Sauna room is accessed via the gym, adjoined to a changing room with shower and WC and sink. The gym has large French doors that overlooks and gives access to the garden.
The lower level the garden has an external potting shed and a greenhouse with internal potting shed installed with an automatic timed watering system.

Outbuildings:
Double Garage with power wash bay: Ideal for car/van sales business etc.
Fitted with electronic roller shutter entrance doors, work bench, WC and hand wash basin, power lighting and water supply.
This part of the property has previously been operated as a small Farm shop selling local produce, if utilised this element of the business has great potential for growth. Accompanying the farm shop is a mobile vintage candy cart used to display produce such as strawberries, potatoes, eggs etc. at the front of the driveway.
At the entrance of the brick driveway there is a trust box with a safe installed into the entrance wall where customers have been able to pay for products sold.
Horse manure from stable & paddock rental, chicken manure and logs allows Fountain Farm the scope to generate income from the sale of different products throughout each season.

Power wash bay:-
Adjoined to the garage is a large vehicle power wash facility and bay with electric, water supply and centred drainage:- the bay is large enough to wash vans and trucks.

*Also adjoining the double garage is a self- contained 2 bedroom Maisonette, at present let to a tenant on an Assured Shorthand Tenancy at a monthly rent of £600.*
*2 authentic log cabins and static caravan are situated on the grounds. All at present let to tenants on Assured Short-hold Tenancies providing substantial additional income of £1296 per month*
*the 2 Authentic log cabins, have been previously let as holiday lets which during peak season can generate £800 weekly and low season £300 weekly* Due to the current owners retirement and family commitments the owner has let it as long term AST.

*Beyond the dwelling house and formal garden are approximately 4 acres of land which has been laid out in such a way to provide further income earning opportunities.
The various fields have been divided into 6 fenced paddocks, of which 5 enjoys the benefit of a stable and tack room with water trough. The paddocks have previously been let each at £75 per week.
In addition to the paddocks there is a communal sitting unit and separate WC and sink with electric supply for the tenants of the stables and paddocks.
There is an established chicken shed on a further part of the land able to accommodate 60 chickens, this unit incorporates a chicken run and egg laying facility.*

*At the southern end of the site is a level area of land which can be accessed from a second gated entrance and lane. There are two electric supply power points, water tap and waste pipe. The hardcore base provides a parking and storage facility for a large number of vehicles*

Two adjoining workshops measuring approximately the smallest one measures 3m x 6m with its own electric meter and the largest measures 6m x 6m. Each workshop has its own fitted workbench, shelving, lighting and water supply. The workshops can be used as further storage or can be let to generate further income. Income generated from rental of the small workshop was at £400 per month.

Further south of the site towards the house is a large skate ramp and enclosed play park area, a gated path leads to the main residence garden area.

* In addition to this property, there is an opportunity to acquire a residential and commercial rental portfolio consisting of 18 residential properties contained within 8 developments and 7 commercial properties all located across the town of Callington, Cornwall. 100% of the properties are currently tenanted. Estimated Rental Income Value per annum of over £152k . The business has proven to withstand a variety of economic crisis throughout the years, even running at full occupancy during the current COVID-19 Pandemic; it is only being sold due to the retirement of the owner. Property Portfolio £POA.

OFFERS OVER £700,000

Please contact for further details: BRADLEYS ESTATE AGENTS, 01579 382 999, samelias@beagroup.co.uk
Tenure:
Freehold
Location Details:
This property is situated on the outskirts of the busy Cornish town of Callington. Plymouth City lies approximately eighteen miles away and has a comprehensive shopping and entertainment complex as well as regular cross channel ferry service to France and Spain. Neighbouring towns of Liskeard, Launceston and Tavistock are all approximately ten miles away.
Downloadable Documents:
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