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Looe, Cornwall PL13

£1,895,000

Business rates & charges may apply

Ware Commercial, Torquay
SIZE

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SECTOR

7 bedroom hospitality facility for sale

Key features

  • 5 Luxury holiday Cottages
  • 2 luxury en-suite letting rooms
  • Substantial 4 bedroom Owners' Farmhouse
  • set within 15 acres of land
  • events Barn and reception areas
  • Stunning Rural Location
  • A Beautiful Lake
  • Additional land available by separate negotiation

Description

An extraordinary lifestyle opportunity with this complete countryside retreat. Set within approximately 15 acres of private, unspoilt landscape, the property comprises 5 x luxurious stone-built holiday cottages, a spacious and beautifully appointed farmhouse with 4 x bedrooms and stunning events barn and reception areas. There is significant scope to develop further letting units, expanding what is already a thriving business. The owner's farmhouse is substantial, enjoying outstanding panoramic views across the surrounding countryside. This well-established, owner-operated business benefits from a reliable team of part-time staff, should you require, who also ensures the smooth day-to-day operations with ease. Early viewing is recommended.

LOCATION
Ideally located near the highly sought-after harbour town of Looe - one of Cornwall's most picturesque and desirable coastal destinations - the property enjoys proximity to the beautiful River Looe, which winds through protected landscapes before meeting the vibrant quay and fishing harbour. Looe's charming narrow streets are home to an enticing array of boutique shops, restaurants, cafés, bars, and more. The location also offers excellent access to the fast A30 highway, linking to Plymouth and Exeter (with the M5 motorway, international airport, and superb rail connections to London). The enchanting Talland Bay, with its two idyllic beaches between Looe and Polperro, is just moments away and accessible by road or scenic coastal path.

BUSINESS
This could be the lifestyle change you've been dreaming of - one many say they wish they had embraced years earlier. Contrary to common assumptions, this exceptional lifestyle business does not compromise income. In fact, it delivers strong earnings, all while offering the freedom for extensive time off and travel. There remains significant untapped potential, including the development of additional accommodation, the creation of a dedicated glamping site, An additional 140 acres and outbuildings are also available by separate negotiation and the expansion of catering services to attract a wider catchment. Full training and handover will be provided, alongside the continued support of a loyal local team to ensure a seamless transition and continued success. Trading accounts will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES

Holiday Cottages x 5

MEADOW BARN
A sumptuously appointed barn conversion of classic Cornish granite, Meadow Barn brims with character and offers a charming retreat for two. Light floods the building, creating a relaxed and sunny atmosphere that lifts the spirits at any time of year.

ACORN
Acorn is spacious and airy. The original vaulted ceiling incorporates Velux skylights, flooding the room with daylight (which can be blacked out at night). Rich pine panelling and exposed beams lend a Scandinavian feel to this Cornish holiday cottage.

GRANARY
The Granary was tastefully created by converting the upper level of one of our ancient granite barns. Once used for storing sacks of cereals, this building is so spacious that the other half became The Hayloft.

HAYLOFT
Hayloft, with its spacious double bed and comfortable sofas, was sensitively converted from the upper level of one of our ancient granite barns. Like The Granary, it was historically used for storing cereals, its generous size allowing for two distinctive conversions.

COURTYARD
The Courtyard Suite is located within a classic granite barn conversion, separate from the main farmhouse and with its own entrance. Rich in character and original features, this former stone cart house overlooks the traditional courtyard and its picturesque cluster of classic Cornish granite barns.

Luxury En-Suite Bedrooms x 2

WILLOW
The sumptuous and contemporary Willow Room retains a traditional charm and overlooks the gardens and Lake Meadows - the perfect spot to relax and unwind.

WISTERIA
Wisteria is a delightful twin-bedded room, full of original character, like Willow it overlooks the gardens and lake meadow. With a window seat which makes the perfect spot to relax and watch the duck and other wildlife by the lakes.

EVENTS & WEDDING BARNS VENUE
The new-style wedding licence allows ceremonies to be held anywhere on the property and connected land.

THE LINHAY
The main barn, 'The Linhay,' is centred around a beautiful courtyard. This L-shaped, two-storey building has been restored with its beamed vaulted ceiling, galleried landing and oak flooring.
Licensed for events & wedding ceremonies with a large capacity of up to 150 guests.  (and up to 250 for receptions) The Linhay also features a marquee with a second drinks bar.
At ground floor level, adjacent to the main dining area, there are cloakrooms, toilets, and a storeroom. At the opposite end is a fully equipped commercial kitchen, with a climate-controlled drinks cellar to the rear.

THE MOWHAY
At one end of the galleried landing is a bar, and at the other is ' Mowhay Barn,' with exposed wooden flooring. The Mowhay is a magical separate Ceremony room but has also been decorated as a lounge for those who want a quiet space during events/wedding ceremonies of up to 150 guests.

THE LIBRARY
Another area within the converted barn is The Library, licensed for ceremonies of up to 48 guests and also used as a dining room, meeting room, event space or even a creche.

OFFICE BUILDING (Development Potential)
Attached to The Linhay, within a section of the original two-storey barn, are good-sized offices with a kitchenette at first-floor level, general storage beneath, and an adjacent three-bay workshop building. This would easily be re purposed for additional letting accommodation.

Big Barn (Biomass)
24m x 18m
This shed is built of steel portal frames with reinforced concrete panels to the sides. This building houses an HDG Bavaria Gmbh Type HGG compact 199kw biomass boiler. The system provides heating for the farmhouse, holiday lets, wedding barn, and offices. The payments under the Renewable Heat Incentive continue until 30th June 2034, returning approximately £20,000 per annum.

SOLAR PANEL SYSTEM
The farm provides a 29.75kw solar electricity producing system with 109 photovoltaic panels fitted to the roof of the general purpose and with the benefit of a Feed-In Tariff contract which commenced on 1st April 2014.

OUTSIDE AND LAND
The complex occupies approximately 15 acres of grounds. The surrounding gardens and fields are for guests to enjoy, alongside woodland walks, a lake, a BBQ area, and seating areas offering spectacular views. Ample guest parking is provided, along with 4 x EV and smart charging facility (Monta Network)

BUSINESS WEBSITE


FIXTURES AND 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 or appliances has been undertaken by the agents, Ware Commercial.

SERVICES
Mains water, private sewage, electricity, and superfast broadband are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES
Please enquire via the Valuation Office Agency website ( the property is fully exempt from business rates due to Small Business Rates Relief.

TENURE
Freehold

VIEWINGS
All viewings and enquiries are to be made through the agents, Ware Commercial.
Tel: or
Email:

Looe, Cornwall PL13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Looe Station2.6 miles
  • Sandplace Station3.4 miles
  • Causeland Station4.4 miles

About Ware Commercial, Torquay

16a Fore Street, St. Marychurch, Torquay, TQ1 4NA

Ware Commercial Estate Agents Devon have offices based in Torquay & Exeter, Devon and offer businesses for sale and commercial properties throughout the South West and the UK.

Drawing on over 35 years of experience, Ware Commercial Estate Agents specialise in the market appraisal and marketing of businesses, land and commercial properties.

Notes

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