Offers over
£3,000,000
Leisure/hospitality for saleCafe, Boatyard, Beach & Land, Loe Beach, Feock, Truro, Cornwall TR3
Just added
Freehold
About this property
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
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.
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.
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