Land for sale

Newmill, Penzance TR20

An exceptional opportunity to acquire a successful holiday letting complex set amidst beautiful rolling Cornish countryside. The property comprises five identical, fully equipped one-bedroom holiday units, each offering stylish modern accommodation with a proven track record of income. Every unit features a fitted kitchen, a shower room, a mezzanine bedroom level and an open-plan living space with bi-fold doors that open out onto a private patio area.

The development benefits from an a-rated EPC and solar panels, ensuring excellent energy efficiency. Guests approach the site via a private driveway which leads to a designated parking area. There are three distinct areas of grounds for visitors to enjoy, along with a communal area that includes a hot tub and dedicated barbecue space. The site is connected to mains electricity and benefits from private drainage and a borehole water supply.

In addition to the existing holiday lets, there is active planning permission for an additional lodge pitch, offering potential for increased letting income or the creation of on-site manager accommodation. Further land may also be available by separate negotiation.

Beautifully located for easy access to the coastal towns of St Ives, Zennor and Penzance, this is an outstanding investment with established returns and exciting scope for future development.

New Mill is a small hamlet approx. 2 miles north of Penzance on the road to Gurnards Head and Zennor. A very popular but quiet area surround by beautiful rolling Cornish Countryside. Stunning walks encompass the area. All major amenities are available in the nearby Penzance. New Mill is also in the catchment area for the very popular Trythall primary school. The area lies within the Cornwall Area of Outstanding Natural Beauty.

Let 1

Frosted double-glazed front door into:

Kitchen (2.57m x 2.34m)

Tiled floor, underfloor heating. Fitted kitchen range of cupboards and drawers with worktops over, sink and drainer with mixer tap, integrated electric hob and oven, extractor, splashback. Integrated fridge, power points.

Glazed Door Into:

Hallway

Underfloor heating. Power points.

Shower Room (1.75m x 1.65m)

Heated towel rail, extractor fan, large shower with additional hand-held, wash hand basin with vanity unit under, w/c. Through into:

Lounge/Dining Area (2.64m x 3.07m)

Tiled floor, power points, Bi-fold double-glazed doors onto:

Private Patio (2.77m x 5.49m)

Private and sunny.

Oak Stairs, Glass Inserts Upto:

Mezzanine/Bedroom (2.64m x 3.76m)

2 Velux windows, radiators, power points, storage into eaves.

Lets 2-5

There are a further 4 lets which have the same measurements as above.

Services:

Electric, mains water.