Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

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Old Lanwarnick Cottages, Duloe, Looe, Cornwall

Holiday Complex for sale

SOLD

£2,250,000

Freehold

Old Lanwarnick Cottages is an award winning holiday complex occupying an idyllic setting in circa 33 acres of pasture, landscaped gardens and woodland in South East Cornwall.

The five/six luxury holiday cottages have been rated 5 Star Gold by Visit England. There are two Residences, one being an 18th Century Farmhouse and the other a bright and modern property.

The exceptional on site facilities include Ultrafast Broadband, a gym, hot tub barn, cinema room and pamper room. Also a Luxury Pavillion and gardens. Dogs are welcome and even have their own heated dog wash area. There is access to stunning walks within the boundary of Old Lanwarnick, so guests need never leave this very special location.

But, if they do, they will find themselves only 10 minutes away from some of Cornwall's most secluded beaches or they may enjoy a leisurely stroll around the beautiful coastal towns of Looe and Polperro.

Turnover is c. £140,000 (net), providing the buyer with a lifestyle income with scope to increase, given the high level of offering, facilities and location.

If you are looking to buy a truly spectacular holiday cottage complex, with two primary residences, offering traditional and modern living and wish to receive more detailed information please contact Graham Timmins on 07900 604078 / gt@miller-commercial.co.uk

  • AWARD WINNING LUXURY COTTAGES (5/6)
  • TWO FULL RESIDENTIAL PROPERTIES
  • CHARACTER PROPERTIES, TASTEFULLY RENOVATED
  • SET WITHIN 33 ACRES OF BEAUTIFUL COUNTRYSIDE
  • FULLY FURNISHED TO A VERY HIGH STANDARD
  • CONSISTENT TURNOVER, SCOPE TO INCREASE
  • GENUINE REASON FOR SALE, VIEWING HIGHLY RECOMMENDED
  • EPC’S D TO E

Property Brochure PDF Location Map

Virtual Tour

Summary

AWARD WINNING LUXURY COTTAGES (5/6)
TWO FULL RESIDENTIAL PROPERTIES
CHARACTER PROPERTIES, TASTEFULLY RENOVATED
SET WITHIN 33 ACRES OF BEAUTIFUL COUNTRYSIDE
FULLY FURNISHED TO A VERY HIGH STANDARD
COINSISTENT TURNOVER, SCOPE TO INCREASE
GENUINE REASON FOR SALE, VIEWING HIGHLY RECOMMENDED
EPC’S D TO E

Location

The location of Old Lanwarnick is surely its greatest asset, occupying a private position in a valley with far reaching unobstructed elevated country views, with a South facing aspect flooding the properties and gardens with light. The property is approximately 6 miles from Looe, which is a very pretty town dissected by the Looe River and which has meandering streets leading to a beach. Access to the South Coast, the Moors and day trip destinations, such as Looe / Polperro and Fowey are nearby, making this part of Cornwall very popular with visitors.

Guests love the peace and tranquility of Old Lanwarnick, the barns / cottages sit centrally within the land and give a great sense of space. Undoubtedly, a very special location indeed.

Properties

The Old Farmhouse is the original property, dating to the mid 18th Century (Historic England), with the Barns being converted in c. 2008 and Over The Moon built in 2014. The properties sit centrally with Over The Moon having a slightly more elevated position, affording it a beautiful outlook.

The properties, can either provide a single full time residence with 6 letting units (including The Old Farmhouse), or given the Farmhouse has full residential consent could provide two houses for extended family and 5 letting units.

There is of course the land which could scope to expand the leisure business with the addition of further units, subject to Planning Permission, which our clients have not explored. Albeit, given the relatively low volume of properties there is ample space for the clients, who have access to Guest facilities, including a Pamper Room for pre-booked treatments, a very well equipped Gym and luxurious Hot Tub, with country views.

Business

We understand the cottages have been let since 2008 when they were converted, and have been in our client’s tenure since 2014, who are now selling to pursue other projects away from this sector. The business operates at the higher / luxury end of the furnished holiday let market and has received many industry / organisation awards and accolades over the years, with 5 Star Ratings from the AA and Visit England.

During our client’s tenure they have added considerably to the property, including adding the Pavillion, Cinema Room and both the Victorian and Rose Gardens.

The business trades all year and is run by our clients with some property and garden maintenance assistance. The business has a turnover of c. £140,000 (net), providing a lifestyle income with scope to increase.

Further information regarding the Letting units (Including The Old Farmhouse) can be seen via our client’s website www.oldlanwarnick.co.uk, where interested parties can also view virtual tours of the properties.

Method Of Sale

Sale of Assets and Goodwill, Transfer of a Going Concern. Subject to Part of Land Agreement (see Land & Stables Section)

The Accommodation Comprises

(all areas and dimensions are approximate)

Plans of Over The Moon / Cinema Room and The Old Farmhouse are available upon request. A virtual tour of the properties (excluding Over The Moon) can be seen via our client’s website oldlanwarnick.co.uk/cottages

Over The Moon

With Full Residential Consent.

Accessed via side gate from the parking area. Entrance porch with space for cloaks / boots, wc and storage cupboard.

Kitchen / Dining / Living Area : A beautiful room with bi-fold doors to the front and adjoining a patio giving far reaching unobstructed views over the valley and countryside. Exposed ceiling beams, giving a nod to the history of the building with skylights and a further two windows to the rear, make this a very appealing family space. Wall mounted gas fire, with feature stone, built in bookcase. A 3 cooking oven (electric) Aga in Royal Blue, with two hot plates. Built in appliances and fitted base and wall units.

Corridor leading to bedrooms, bathroom and utility.

Bedroom 1 : Double, sliding doors to patio, built in wardrobe.
Bedroom 2 : Double, sliding doors to patio, built in wardrobe and en-suite shower.
Bedroom 3 : Single, window to front elevation (currently used as a study)

Bath and Shower Room : Spa bath, large window with views over the garden.

Utility : Base and wall units, door to front, sink unit.

Garden : A good size private garden, with a shed, summerhouse, 7 person hot tub and patio off the kitchen, sunken patio area on the lawn.

Set in c. 0.5 acre, including the Cinema Room area.

Adjacent to Over The Moon garden is our client’s Cinema / Hobby Room : A very high quality building by Crown Paviillions erected in 2017, finished in cedar wood, with full opening bi-fold doors onto a decked area. The building is currently used as a library, but has full cinema theatre equipment, including a screen, projector and speakers. A wooden bar, with stools and cold water and drainage, wc. A very high quality facility with a variety of uses.

The Old Farmhouse

With Full Residential Consent (but used for letting currently). Grade 2 Listed (Historic England Ref 1140262)

A most beautiful property with many character features indicative of its history, which provides a sumptuous holiday let or family home with generous gardens.

Accessed via the front of the property, where the parking is located. Sizeable covered porch with slate floor and ample space for cloaks and boots etc.

Lounge : Slate floor (throughout the ground floor, with underfloor heating), exposed beams, recessed hearth with woodburner, side area for reading etc. Window to the front.

Kitchen / Dining Room : Exposed ceiling beams, base and wall units, 5 ring Rangemaster (Gas) hob and twin oven. Recessed hearth with woodburner, bread oven. Doors to patio and garden.

Cloakroom, housing cupboard for storage and boiler.

Laundry / Utility : Base units, sink, door to rear,

FIRST FLOOR

Bedroom 1 : Double, window to the side with views over the garden. Bathroom, separate shower and dressing area.
Bedroom 2 : Twin, window to the rear, built in wardrobe.
Bedroom 3 : Bunk room, window to the front, built in wardrobe.
Bedroom 4 : Double, two windows to the front, shower room and dressing area

Family Bathroom : Bath with shower over, window to rear.

Rear patio garden with 6 person hot tub, a good size lawn garden and covered dining area, with lovely garden / countryside views.

Letting Cottages / Barns

All cottages have parking and gardens where described and in the kitchens, fitted electric hobs, ovens, dishwasher, fridge / freezer, microwave and washer / dryer plus high quality crockery and cutlery, furniture and soft furnishings.

RAINBOW : Accessed at first floor level, int an entrance hallway with cupboard. Open plan Lounge, Kitchen and Dining area, with a vaulted ceiling, woodburner and Juliette balcony overlooking the garden. Stairs to Ground floor ; Single bedroom, window to front, Bathroom, with spa bath and shower attachment; Double bedroom, built in wardrobe, window to front, separate wc, storage cupboard. Private garden area / patio.

SPICE BARN : Accessed at first floor level. Open plan Lounge, Kitchen and Dining area, with a wooden floor and vaulted ceiling, two windows to the rear. Stairs to Ground floor, with Double bedroom, built in wardrobe, Bath with spa bath and walk in shower / wet room, cupboard. Private garden area / patio.

HOB NOB :Accessed at First Floor level. Wide entrance hallway, separate wc and utility. Beautiful open plan Lounge, Kitchen and Dining areas, with Juliette balcony overlooking the garden, recessed open fire into chimney, high exposed ceiling makes this a very impressive space. Door to patio garden off the kitchen. Stairs to Ground floor with Twin bedroom, window to front, cupboard; Double bedroom, window to front, en-suite shower; Double bedroom, two windows to the front, en-suite shower

HONEY POT : Ground floor open plan Lounge, Kitchen and Dining area, woodburner and windows to the front and side. First floor Double bedroom with en-suite shower, window to the front, built in wardrobe. Private garden area / patio.

BLACKBERRY : Ground floor open plan Lounge, Kitchen and Dining area, with a gas fire and doors to the front. First floor Double bedroom with built in wardrobe, window to the rear; Twin bedroom, window to the side. Bathroom with shower, window to rear.

Guests Facilities

PAMPER ROOM : 5.04m x 2.49m; adjacent to the cottages, a single storey building used for pre-booked spa and beauty treatments (not directly employed by our clients), water and drainage.

GYM : 3.61m x 3.39m, for use by all the guests with no booking required , a well equipped gym comprising a Cross Trainer; Rowing Machine, Seated Bike and a Pro Step.

HOT TUB BARN : 3.88m x 3.71m, typically for use by the 5 letting cottages / barns, with a pre-book system, comprising a 6 person Hot Springs tub, with an open vista overlooking the garden.

LOG STORE : for use by the clients to top up their units.

STORE : Attached to Over The Moon, for storage of replacement items for the cottages / barns.

PAVILLION ON THE HILL : A Crown Pavillion ‘Hampton’ for up to 8 diners, overlooking the fields and countryside.

The Land & Stables

Old Lanwarnick sits within c. 33.07 acres (to be independently verfified by interested parties) comprising 5 paddocks used for horses, an area of c. 11.66 Acres being the ‘Woodland Walk, guests gardens and Dog Exercising area.

The sale of Old Lanwarnick is subject to a a Horse Grazing option by the sellers for 15.29 acres of pasture / paddocks and the use of the stables at nil cost for a period of up to 2 years, to enable them to home their horses. This agreement has a maximum duration of 2 years and can be brought forward by the sellers, exact terms of usage to be agreed and is expected to be on a goodwill rather than a commercial basis.

STABLES : 2 sets of Stables, comprising 2 boxes and tack room.
Land Plan available upon request.

General Information

LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Tenure

FREEHOLD : Advised right of way over driveway off road to entrance of Old Lanwarnick. Right of way in favour of adjacent farmer to access fields. No Easements or Public Footpaths through the property.

Energy Performance Certificate

The Energy Performance Ratings, as follows:

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts. All contents of the Letting Cottages and equipment essential to run the business and noted herein included in the sale and free of Lease / Lien at the time of transfer.

Premises Licence

Not applicable.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £20,250. To find out how much business rates will be payable there is a business rates estimator service via the website.

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Advised by clients :-

3 x Septic Tank
Mains water
Single phase Electricity
5 x Calor Bulk Gas tanks

Stock

Not applicable.

Broadband

We are advised there is Ultrafast Broadband across the site.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable. We are advised the business is Registered for VAT at the Standard Rate.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Details

For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or

Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

VIEWING: Strictly by prior appointment through Miller Commercial.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF