Land for sale in Truro, Brighton Cross, TR2 : Taunton : TAU240072

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2.6 acres Land, Brighton Cross, Truro TR2 - Available

Brighton Cross, Truro TR2

Freehold | Holiday Complex | 2.6 acres (1 hectares)

Guide price £999,950

St Columb Road 3.2 miles

Kingsley Village 1.8 miles

Post Office 2.4 miles

Newly developed lodge complex, equidistant from each coastline. Comprising three detached lodges and two semi-detached holiday letting cottages. Planning consent has been granted for the construction of four further lodges. In all, extending to 2.58 acres

Newly developed lodge complex, equidistant from each coastline, with good access from the A3058 and the A30.

Comprising three detached 3-bedroom lodges and two semi-detached 4-bedroomed holiday letting cottages.

Planning consent has been granted for the construction of four further 3-bedroom detached lodges.

In all, extending to 2.58 acres.

For sale as a whole by private treaty.

Location
The site is located next to the roundabout in the hamlet of Brighton with good road communications to the A3058 linking to the A30 and St. Austell. The B3275 provides further access to the South Cornwall coastline.

The village of Summercourt is located 1.5 miles away and provides a primary school, the London Inn public house which is known for good food in the area, and a village shop. The city of Truro is 10 miles away with further schooling and shops, a cathedral, multiplex cinema, theatre and hospital. Popular attractions include Falmouth and the Roseland Peninsula including St. Mawes, which are both known for sailing. The surfing beaches on the North Cornwall coastline of Newquay, Perranporth, St Agnes and Porthtowan are all within easy reach. Other attractions in the area include the Eden Project at St. Austell, The Lost Gardens of Heligan near Mevagissey, Lanhydrock House (National Trust) near Bodmin, Pendennis Castle (English Heritage) at Falmouth and Trebah Garden (National Trust) on the Helford River.

The Business
The present owners have developed the site since 2016 to include building the four detached lodges and converting the stables into two holiday letting cottages to establish a profitable holiday letting business from 2020. The lodges and cottages are let out exclusively via Sykes holiday letting agency and the business currently does not have a website.

Planning permission was granted in February 2023 from Cornwall Council (reference PA22/08494) for the construction of four additional detached single storey 3-bedroom holiday letting units to expand the business.

The holiday letting business from the three lodges and the two holiday letting cottages produced a turnover of £59,464 in 2021/22 season and £61,606 in the 2022/2023 season. In the 2023/24 season a lower turnover of £31,772 from a limited season. Trading information can be provided to bona fide purchasers.

The Lodges
The three detached lodges were completed in 2020 to a high standard and comprise an an open plan sitting/dining room and kitchen area with French doors leading out onto a decking area with seating. Three bedrooms (one with en-suite shower room) and bathroom. Outside each lodge has parking next to on a gravelled area as well as a private garden area laid mainly to lawn.

The Holiday Letting Cottages
The former stable block now named The Stalls was converted in 2022 into two, single storey, semi-detached, 4-bedroomed holiday letting cottages, converted to a high standard and popular with guests. They could be interconnected if required and are commonly let together to family groups.

They each provide an open plan sitting/dining room and kitchen area and have French doors leading out onto a garden area with patio to front. There are four bedrooms (bedroom 1 with an en-suite shower room) and an additional separate shower room. Parking for the cottages is to the front on a gravelled area.

Outside
The lodge complex has a concrete driveway from the main gate that leads to each holiday letting unit and their gravelled parking areas. The gardens and grounds are an integral part of the site and are well planted so each property has a high degree of privacy. The top field, which has planning permission for the additional four holiday letting lodges, has views over the surrounding countryside. There is potential to use this field for camping or glamping subject to gaining the relevant planning consents. The property is set in 2.58 acres with the top paddock measuring approximately 1 acre.

Method of Sale
Offered for sale by private treaty, inclusive of trade inventory to include furnishings, equipment, fixtures and fittings in relation to the business, excluding any personal items.

Tenure & possession
The freehold interest is being offered for sale with vacant possession available on completion.

Planning
The planning consent for the construction of three single storey holiday chalets was approved by Cornwall Council in February 2018. Planning reference: PA17/11536.
The change of use from stable block to two holiday lets was approved in August 2020. Planning reference: PA20/03885.
The planning consent for the construction of four additional single storey holiday units was approved in February 2023. Planning reference: PA22/08494.

Rights of Way
The site will be sold with a right of access over the driveway as shown hatched on the plan.

Rateable Value
According to the Valuation Office, the premises has a ratable value of £8,100. Interested parties are advised to make their own enquiries.

Local authorities
Cornwall Council
www.cornwall.gov.uk

Viewings
Strictly by appointment with agents Carter Jonas.

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

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Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.