Development opportunity for sale in Coverack

COMMON USE CLASS: Sui_generis_1

This property is marketed by:
Smart Commercial Property Ltd

Key Features

• Offers around £1,000,000
• Plots situated in fishing village on the eastern side of the Lizard Peninsula
• Conditional planning permission passed on 22nd November 2018 PA18/08152
• Coverack is home to a range of local businesses, hotels and water sports facilities
• 9 miles south of Falmouth
• Stunning coastal views from upper floors

Location

Coverack is a picturesque coastal village and fishing port in Cornwall, UK. It lies in the parish of St Keverne, on the east side of the Lizard peninsula about 9 miles south of Falmouth. Coverack has several hotels and a youth hostel. The area is a centre for water sports, particularly wind surfing, sailing and diving. Home to a stunning beach, beautiful harbour and many local businesses, Coverack has lots to offer local residents. Coverack is approximately 12 miles from Helston, 30 miles from Truro and 44 miles from Newquay Airport.

Description

A single parcel of permanent pasture. There is shared access into the building plot of 1.55 acres (0.63 hectares). There is potential for coastal views from upper floors when constructed. The coordinates for the land are 50°01'41.4"N 5° 06'03.5"W.

Planning

On 22nd November 2018 the land was granted conditional planning permission PA18/08152 for development of up to 4 detached dwellings.

Tenure

Freehold—offers invited around £1,000,000.

EPC

Not applicable.

VAT

Under the Finances Acts 1989 and 1997, VAT may be levied on the rental . We recommend that the prospective tenant established the VAT implications before entering into any agreement.

Legal Costs

Each party to bear their own legal costs incurred in the transaction. However, if the purchaser aborts the transaction for any reason then they will be responsible for the landlords legal costs. Services We understand that mains electricity, water and drainage are available nearby to the land. However, these services have not been tested by the agents. Interested parties should make their own enquires.

Asbestos Regulations

It is the responsibility of the owner or tenant of the property and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of Asbestos and asbestos related compounds is beyond the scope of Smart Commercial Property and accordingly we recommend you obtain advice from a specialist source.

Rateable Value

The rateable value is not applicable in this instance. However, interested parties should make their own enquiries of the local authority to ascertain the exact rates payable. Cornwall Council, Carrick House, Pydar Street, Truro, Cornwall TR1 1EB. Tel: 01872 224397 , e-mail: [email protected] or enquiries can be made on-line at the VOA website: www.voa.gov.uk.