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7-Cottage Complex in Looe Cornwall with Development Potential

Looe, Cornwall
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The Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development PotentialThe Complete Complex with Development Potential
  • Freehold: £1,980,000
  • Turnover: On request
  • Profit: On request

Business Details

The Complete Complex with Development Potential

An idyllic and exceptionally private complex comprising seven cottages, with planning permission granted for two additional cottages, all situated on the outskirts of the highly sought-after sandy, family-friendly beach and the picturesque harbour town of Looe, Cornwall. The complex is set within two and a half acres of beautifully landscaped grounds, featuring two large, well-stocked fishing ponds, an all-weather tennis court, mature lawned and woodland areas, and a charming pet’s corner with chickens, ducks, goats, and geese. There is ample private parking for all residents, along with direct rail access via the property’s own private halt connecting to Looe town centre. Early viewings are highly recommended.

Location

The property enjoys excellent transport links, with convenient access to the A38 and A30. Direct rail travel is available to the on-site halt at Causeland Station, located along the scenic Looe Valley Line. This quiet, single-carriage service runs twice an hour and does not operate overnight, preserving the peace and tranquillity of the surroundings. The central location allows for car-free days out, with easy access to Cornwall’s major attractions by rail. Newquay and Padstow are approximately forty minutes away by car.

Business Overview

The complex is currently operated remotely by the owners and benefits from full residential planning consent for all existing cottages. This light-touch management structure provides an excellent and consistent rental income, with the properties occupied under Assured Shorthold Tenancy (AST) agreements. Due to the desirable offering, the cottages experience very low vacancy rates. A comprehensive handover will be provided to ensure a smooth transition to new ownership. Detailed income figures will be made available following a formal viewing.

Accommodation

The letting accommodation consists of both purpose-built and sympathetically converted period buildings, all maintained to a high standard. Each cottage enjoys private garden space.

The Farmhouse sleeps ten.

On the ground floor, there is an entrance porch overlooking a front patio, a large, modern fitted kitchen, a dining room, and a spacious lounge with a feature fireplace. The first floor offers four generous bedrooms, a family bathroom with bath, power shower, WC, and wash hand basin, along with a separate shower room with power shower and WC.

The Dairy sleeps eight and is a beautifully converted stone dairy. The ground floor includes a spacious, modern fitted kitchen, a lounge with feature fireplace and slate flooring, a dining room, a cloakroom with WC and wash hand basin, and a double bedroom. The first floor provides two further large double bedrooms, a family bathroom with bath, WC, and wash hand basin, and a separate shower room with power shower, WC, and wash hand basin.

The Stable sleeps six and is a charming reverse-level Cornish stone cottage. The first floor includes a modern fitted kitchen with an adjacent cloakroom comprising WC and wash hand basin, and a lounge/diner with beamed ceilings and original stone walls. The lower ground floor provides two double bedrooms and a bathroom with bath and shower over, WC, and wash hand basin.

The Byre sleeps four and offers a lounge, a modern fitted kitchen and dining area, two double bedrooms, and a bathroom with bath and shower over, WC, and wash hand basin.

The Coach House sleeps two and includes a lounge and dining area, a modern fitted kitchen, a double bedroom, and a bathroom with bath and shower over, WC, and wash hand basin. Outside, there is a private garden with patio area.

The Malthouse sleeps two and features an open-plan lounge, kitchen, and dining area, a double bedroom, and a bathroom with bath and shower over, WC, and wash hand basin.

The Hayloft offers a lounge, a kitchen and dining area, a double bedroom, and a bathroom with bath and shower over, WC, and wash hand basin.

Grounds

The grounds extend to approximately two and a half acres and provide parking for all residents, an all-weather tennis court, a large, popular fishing lake and additional pond, a pet’s corner with chickens, ducks, goats, and geese, as well as extensive lawned areas, woodland walks, and laundry facilities. An exclusive rail halt located at the edge of the grounds connects directly to Looe and the wider Cornish rail network, enhancing accessibility and convenience for residents.

Planning

In 2025 Cornwall Council granted 2 x residential to be built on the Badham grounds. Both dwellings would be three bedroom and over two stories together with their own garden and parking. Planning ref: PA23/09249

Fixtures and Fittings

All trade fixtures and fittings, excluding the vendor’s private inventory, are included in the sale. A full inventory will be supplied prior to exchange of contracts. Stock will be sold at valuation upon completion. Please note that no testing of appliances, services, or fixtures has been carried out by Ware Commercial.

Services

The property is connected to mains gas, electricity, and water, with private drainage. No service testing has been undertaken by Ware Commercial.

Business Rates

Prospective purchasers should make enquiries via the Valuation Office Agency at www.voa.gov.uk. All tenants are responsible for their own Council Tax payments.

Tenure

Freehold

Viewings

All viewings and enquiries must be arranged through the agents, Ware Commercial. Telephone: 01803 328880 or 01392 462266
Email: [email protected]
Website: www.warecommercial.com

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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