An exceptional lifestyle and business opportunity set within approximately 15 acres of beautiful private countryside, comprising 5 x luxury holiday cottages, a substantial four-bedroom farmhouse, licensed wedding and event facilities, and 2 x additional commercial buildings with potential development. This established lifestyle business benefits from a reliable team of part-time staff to assist with the day-to-day operation, while offering significant potential for further growth, including additional accommodation, glamping and expanded catering facilities. Early viewing is highly recommended.
LOCATION
Ideally situated close to the highly sought-after harbour town of Looe, one of Cornwall’s most picturesque and desirable coastal destinations. The property enjoys a beautiful rural setting while being within easy reach of Looe and the stunning River Looe, which winds through the surrounding countryside before reaching the vibrant quay and historic fishing harbour.
Looe is renowned for its charming narrow streets, independent shops, restaurants, cafés and bars, providing a lively atmosphere throughout the year. The beautiful Talland Bay, with its two idyllic beaches situated between Looe and Polperro, is also close by and can be reached by road or via the scenic South West Coast Path. The property is also well positioned for access to the main road network, with convenient connections to Plymouth and Exeter, together with the M5 motorway, Exeter International Airport and mainline rail services to London.
THE BUSINESS
This is an exceptional lifestyle business offering the opportunity to combine a rewarding income with a relaxed rural way of life and considerable personal freedom.
The established business currently provides holiday accommodation, wedding and general events, together with extensive grounds, buildings and facilities, while offering significant scope for further growth. Potential opportunities include the creation of additional holiday accommodation, a dedicated glamping site and expanded catering facilities, allowing the business to attract a wider customer base.
A further highly private Farmhouse with 44 x acres, including an apple orchard is available by separate negotiation.
Full training and handover will be provided, together with the continued support of a loyal local team to assist with the smooth running of the business and trading accounts will be made available following a successful formal viewing.
ACCOMMODATION COMPRISES:
5 LUXURY HOLIDAY COTTAGES
2 LUXURY EN-SUITE BEDROOMS
EVENTS & WEDDING FACILITIES
The property benefits from a wedding licence, allowing ceremonies to be held in various locations throughout the property and connected land.
THE LINHAY
The main events barn, The Linhay, is centred around an attractive courtyard and comprises an impressive L-shaped, two-storey building.
The Linhay is licensed for events and wedding ceremonies, with capacity for up to 150 guests, and receptions for up to 250 guests.
The venue also benefits from a marquee and a second drinks bar.
At ground-floor level, adjoining the main dining area, are cloakrooms, toilets and a storeroom. At the opposite end is a fully equipped commercial kitchen, together with a climate-controlled drinks cellar.
THE MOWHAY
Located at one end of the galleried landing is a bar, while at the opposite end is The Mowhay Barn, which features exposed wooden flooring.
THE LIBRARY
The Library is another versatile space within the converted barn and is licensed for wedding ceremonies for up to 48 guests.
It can also be used as a dining room, meeting room, event space or children's crèche, providing considerable flexibility.
OFFICE BUILDING & DEVELOPMENT POTENTIAL
Attached to The Linhay, within part of the original two-storey barn, are good-sized offices with a kitchenette at first-floor level, together with storage below.
There is also an adjoining three-bay workshop.
COMMERCIAL BUILDING 1 – BIOMASS
Approximately 24.32m x 17.90m
This substantial commercial building is constructed with steel portal frames and reinforced concrete panels to the sides.
The building houses an HDG Bavaria GmbH Type HGG Compact 199kW biomass boiler, which provides heating for the farmhouse, holiday cottages, events facilities and offices.
The property benefits from Renewable Heat Incentive payments, which continue until 30th June 2034 and currently provide an income of approximately £20,000 per annum.
COMMERCIAL BUILDING 2
Approximately 18m x 11.75m
A further substantial commercial building offering excellent flexibility and potential for a variety of uses, including additional accommodation, storage, leisure or other complementary business uses, subject to the necessary planning consents.
SOLAR PANEL SYSTEM
The property benefits from a 29.75kW solar electricity generation system, comprising 109 photovoltaic panels installed on the roof of the general-purpose building.
The system benefits from a Feed-in Tariff contract which commenced on 1st April 2014.
OUTSIDE & LAND
The property occupies approximately 15 acres of attractive grounds, providing an exceptional rural setting for the business and its guests.
The gardens and surrounding fields include woodland walks, a lake, BBQ area and various seating areas, many of which enjoy spectacular views across the surrounding countryside.
Ample guest parking is provided, together with four EV charging points and smart charging facilities through the Monta network.
FIXTURES & FITTINGS
All trade fixtures and fittings, excluding the vendor's private inventory, are included in the sale.
A full inventory will be provided prior to exchange of contracts.
All stock will be sold at valuation upon completion.
No testing of fixtures, fittings or appliances has been undertaken.
SERVICES
Mains water & bore hole, private drainage/sewage, electricity and superfast broadband are connected to the property.
No testing of these services has been undertaken.
BUSINESS RATES
Information on business rates can be found via the Valuation Office Agency.
The property is currently fully exempt from business rates due to Small Business Rates Relief.
TENURE
Freehold
