Vickery Holman, Leisure

Cafe, Boatyard, Beach & Land, Loe Beach, Feock, Truro, Cornwall, TR3 6SH

Offer in excess of

£3,000,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Other leisure
Other use(s)
Other, High street retail, Restaurant

No floor / site plan

Key features

  • Outstanding and rare opportunity
  • Loe beach with adjoining car park, commercial interests and land
  • Income derived through letting and parking income
  • Sale includes beach to low mean water point
  • First time available after multi generational ownership
  • Existing uses include watersports, equipment hire, Efoil, cafe, car park and boat storage
  • Landholding extends to 6.2 acres with c78m foreshore
  • Initial expressions of interest sought

Description

Loe Beach is well known and loved by locals and visitors alike for it's tranquil and scenic location on the Carrick Roads inlet between Falmouth and St Mawes. A heaven for watersports with immediate access to the Fal river this is a truly special location to include the beach to low mean water, a rare and commercially positive situation. Having been in family ownership over many generations and is now available by way of informal tender. The land holding available provides for the beach side car park, which doubles as boat storage, cafe and 'top field' to the rear. The current owners receive rents from the operators and the car parking income. Ample opportunity exists for new owners to either maintain the status quo or to sensitively improve facilities. Either way this is a special piece of real estate.

Location

Loe Beach is situated within the parish of Feock on the western shores of the Fal Estuary. The area is renowned for its attractive coastal setting, sailing facilities and direct access to the Carrick Roads, one of the finest natural harbours in the UK. Nearby attractions are in abundance, to include Mylor, Restorguet, St Mawes and Falmouth, with Truro only 6 miles.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

The landholding overall extends to 6.2 acres and includes the private beach of c0.9acres to low mean water, car park and boat storage of c1 acre, cafe and watersports centre, equipment hire and Efoil of 0.2 acres. The top field has been used for grazing and temporary events and camping and extends to c3.8 acres. There is ancillary land and access of 0.2 acres

The title extends to low mean water which provides for significant advantage in terms of control over the beach and water activities. Between the beach and the car park there is the access road for those neighbouring properties to the East, which will be maintained. Please not that the additional access road to Longlands and the area East is not for sale. Within the site but owned by Cornwall County Council are the public toilets which the Loe Beach owners maintain for the benefit of visitors. Please note a defined public footpath runs through the top field from the village church to Loe Hill.

The current owners derive income from the car park and rents from the commercial business on site. Details of this income will be shared with interested parties subject to proof of funds and non disclosure agreement.

Planning

The property is within the Heritage coast and Cornwall National Landscape (formerly ANOB) and is subject to tree preservation orders. All enquiries to Cornwall County Council.

Please note that the land is subject to defined rights of way by foot and vehicle to neighbouring properties and there is a public footpath to the Northern Boundary.

Rent / Price

Loe Beach is available by way of informal tender at a guide price of offers in excess of £3m. An overage provision for a term of 45 years will be placed on the top field with a 20% uplift in land value for any other than existing use after planning costs. All offers must be accompanied with proof of available funds. Please note that the landholding does not include the council owned toilet block, which our client maintains and operates for the benefit of the general public and expects any new beach owner will want to do likewise.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £21,250 to include the cafe and 80 car parking spaces. This is not the amount payable and interested parties need to make their own enquiries with Cornwall County council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

With no individual building greater than 50 sqm none required

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable. All figures quoted are exclusive of VAT if applicable.
Vickery Holman, Leisure

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Brochure

Cafe, Boatyard, Beach & Land, Loe Beach, Feock, Truro, Cornwall, TR3 6SH

NEAREST STATIONS

National Rail

Perranwell Station

3.04 miles

National Rail

Penryn Station

3.63 miles

National Rail

Falmouth Docks Station

3.69 miles

About Vickery Holman, Leisure

Vickery Holman, Leisure

Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.

With offices in Exeter Plymouth and Truro, we pride ourselves on our local property knowledge and regional coverage. We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors.

Can’t find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

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Disclaimer - Property reference 21734FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vickery Holman, Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.