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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 village of Mullion, Cornwall, within walking distance of amenities and 1.5 miles from the sea. The complex consists of a 5-bedroom farmhouse, 5 holiday letting cottages, and two let commercial premises, set on 0.4 acres of land. The property is an established and profitable business, with a gross turnover of £62,479 and net profit of £45,512 in 2023. The business has been operated by the current owners since 1969 and has built up a high level of repeat and recommendation business. The property offers a range of amenities, including pubs, restaurants, shops, and a health centre, and is close to popular attractions such as the Lizard Peninsula, Mullion Cove, and the South Cornwall coastline. The business has potential for further development, including extending the holiday letting season and increasing bookings through the appointment of a holiday letting agent.