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Lender Lane, Mullion, Helston... 5 bed house for sale
Lender Lane, Mullion, Helston, Cornwall, TR12
£1,500,000
Lender Lane, Mullion, Helston, Cornwall, TR12
£1,500,000
Our Summary
- There is potential for further development of the business, particularly by extending the holiday letting season beyond the current limited operating months of March to October
- Adjoining Colroger House is an externally accessed store, which offers potential for conversion in conjunction with the sun room in the main house, into an annexe or an additional holiday let, subject to gaining the necessary planning consents
- Potential to convert the sun room and the store into an annexe for the main house for a dependent relative or into an additional letting holiday cottage, subject to gaining the relevant planning consents
- (Sleeps 4)The Commercial PropertiesAt the entrance to the property is a café which is let out on a business tenancy dated October 2024 for a term of 6-years, with a 3-year rent review and a passing rent of £6,480 per annum
- Also located at the entrance of the property is a dog grooming parlour which is let on a business tenancy for a term of 2-years dated April 2025 with a passing rent of £5,760 per annum
- Adjoining Colroger House is an externally accessed store which has the potential to be converted in conjunction with the sun room in the main house into annexe or an additional holiday letting cottage, subject to gaining the relevant planning consents
Description
Colroger House & Cottages is a holiday cottage complex located in the center of Mullion, a picturesque Cornish village on the Lizard Peninsula. The property consists of a 5-bedroom farmhouse, 5 holiday letting cottages, and two commercial premises, including a café and a dog grooming parlour. The complex is situated within walking distance of the village's amenities and facilities, and just 1.5 miles from the sea. The farmhouse has been refurbished to a high standard and offers private gardens and gated access to the village. The holiday letting business is established and profitable, with a gross turnover of £62,479 in 2023 and a net profit of £45,512. The business has potential for further development, including extending the holiday letting season and increasing bookings through the appointment of a holiday letting agent. The property is being sold as a whole by private treaty.