Vacant and ready for immediate use. A Scandinavian style, timber clad, energy efficient 3 en-suite bedroom lodge retreat situated amongst a wild expanse of sand dunes in one of the most iconic, uplifting locations on the north coast of Cornwall.
VAT PAYABLE AND INCLUDED IN GUIDE PRICE - net price £650,000, some buyers may be able to reclaim VAT.
Last lodge available, currently vacant and ready for occupation and use immediately on completion.
A wonderful Scandinavian style, timber clad, energy efficient 3 en-suite bedroom lodge retreat situated amongst a wild expanse of sand dunes in one of the most iconic, unspoilt and uplifting locations on the north coast of Cornwall. 1 of only 8 dwellings forming part of the exclusive Towan Lodges.
Breakwater is restricted for holiday use only, currently forming part of a complex of lodges currently let for holiday cottage purposes. Projected gross income for the 2021 is in the region of £50,000 providing a gross return in the region of 6.41%. The guide price is inclusive of VAT so if a purchaser is able to reclam VAT, it results in the net cost being £650,000, with a resultant gross income return of 7.69%.
Nestled in amongst the dunes, in a private position away from other elements of the Sandy Acres estate, are located Towan Lodges - 8 very special Scandinavian style, timber clad, energy efficient properties. Constructed in 2016 the lodges provide spacious, open plan living accommodation with large areas of glazing and sliding doors that provide a strong connection to the wild expanse of dunes within which the lodges are positioned.
Built to exacting standards to one of three designs, all have 3 en-suite double bedrooms, the principal bedroom also having access to private balcony overlooking the complex. Designed to complement the coastal location, all lodges are encircled by spacious areas of timber decking which provides a natural extension to the internal living accommodation via glazed sliding doors. Owners will be greeted by double height atriums with oak framed, glazed staircases providing a continuation of the light and open feel to the site. As an additional element of luxury, each lodge is fitted with a hot tub.
Each lodge is fitted with a solar PV array to ensure their energy requirements are harnessed from the exceptionally high level of sunshine the area benefits from, wood burners are installed to enable warmth and character to be spread around the lodges in the evenings, with mains gas underfloor heating installed for those times when an additional burst of warmth is required as well as background warmth during the colder months. Fibre optic cables are connected directly to each lodge and as a result each lodge benefits from extremely high connectivity speeds, ideal in the era of increased remote working and reliance on data streaming.
All lodges benefit from a pedestrian right of way to the beach, vehicular access to the dune-top beach car park can be taken when the Sandy Acres estate is open to the public.
Towan Lodges are located within the Sandy Acres estate, aptly named after the winding track that leads through the dunes, past the various elements of the estate, arriving at a spectacular dune-top location with awe-inspiring views over St Ives Bay. 5 miles of sandy beaches, dunes and cliffs stretch from Godrevy Head and Lighthouse at one end to the renowned harbour town of St Ives at the other.
Sandy Acres is a family owned estate, currently operating as a broad and diverse leisure business with a laid back, relaxed atmosphere that reflects the very special surroundings. Visitors, both locals and tourists alike, are transported back to a more simple way of living, away from the trappings of modern life to one in harmony the wild, natural, protected environment within which the estate sits.
Owners will have the freedom to explore the area throughout the year, be that enjoying a coffee next to a wood burner after an invigorating winter walk on an empty beach, basking amongst the dunes on a gentle summer day or watching the sun setting over St Ives whilst catching the evening surf (or rising over the dunes during a ‘dawnie’ if you so wish).
Towan lodges present an incredibly rare opportunity to own one of only a handful of luxury lodges with unrestricted residential use in a quiet and remote position surrounded by a protected dune habitat environment and within proximity to one of the most regarded coastal landscapes in Cornwall.
Towan Lodges are centrally situated within St Ives Bay, on the north coast of West Cornwall. The South West Coast Path runs around the bay, connecting the whole bay with the coast path network around Cornwall and the wider south-west. The northern side of the bay is dominated by the National Trust owned Godrevy Head and Lighthouse, with its resident seal colony. To the south, the Hayle Estuary divides the bay, providing a popular location with birdwatchers and naturalists due to its important populations of wading bird species, alongside the North Quay major redevelopment project. Beyond the estuary, the bay is peppered with beaches and the coastal villages of Lelant, Carbis Bay and ending at St Ives. Carbis Bay and the area as a whole will rise to international prominence in 2021 with the holding of the G7 summit in the bay later in the year. St Ives, originally a fishing harbour, has long been a destination for visiting artists due to the quality of the light and has developed into a haven for visitors with its high-quality shopping, cafés and restaurants, its harbour and numerous beaches. In amongst the historic network of cobbled streets and fisherman’s cottages, independent shops, studios and galleries sit alongside larger cultural destinations such as the Tate St Ives gallery, Barbara Hepworth museum and Leach pottery.
Beyond St Ives the rugged and wild West Penwith peninsula sweeps towards Lands End, past the clifftop Minack theatre and back round to Penzance, with its exposed headlands, often home to atmospheric engine houses remaining from the once thriving mining industry now forming part of the Cornish Mining World Heritage Site. Rocky coves sit alongside historic fishing harbours, pounded by heavy Atlantic swells in winter and punctuated with white sandy beaches with translucent, crystal clear waters in summer.
The A30 is less than a mile from the lodges and alongside the recently developed multi-model transport hub at St Erth, allows easy access to all that Cornwall has to offer for visitors, the vast majority of the county being within an hour’s drive. St Michaels Mount is less than 9 miles away, with approximately half an hour’s drive taking you to such a range of destinations such as the cathedral city of Truro, the south coast sailing mecca of Falmouth, the tranquil waters of the Helford River or the most southerly part of mainland Britain at Lizard Point. Ferry and air services to the Isles of Scilly, alongside a wide range of services can be found at Penzance, less than 10 miles from the lodges.
Mainline train services to St Erth run direct from London, including a sleeper train option. Newquay International Airport, with flights to and from London, other major UK cities and abroad is within 45 minutes’ drive. Once the impending A30 upgrade is complete uninterrupted dual carriageway will take owners and visitors to within a few miles of the lodges.
HOLIDAY LETTING USE
Whilst benefiting from planning consent for permanent residential occupation, the lodges have operated as an established holiday letting business since construction, and as such have been maintained to an extremely high standard. The lodges are currently let via Aspects Holidays (aspect-holidays.co.uk) and have been immensely popular with visitors, many of whom return year are year to kick off their shoes, unwind from the pressure of the wider world and enjoy the lifestyle offered by the lodges.
Forecasts of gross income provided by Aspects Holidays, for the 2021 year based on a proven track record, are in the region of £50,000 per year per lodge. The lodges have been let for short term holiday use throughout the 2021 year and are let under the terms of the Owners Agreement, a copy of which can be provided by the agent. An up to date booking schedule can be found on the Aspects Holiday website. These lettings provide immediate income on the successful purchase of a lodge, with the 2022 bookings being withheld pending the wishes of the buyers.
FIXTURES & FITTINGS
Guide prices are quoted excluding the fixtures and fittings, which are available by separate negotiation.
Water – Mains. Private pressure system and sub-metering the responsibility of the management company.
Electricity – Mains and Solar PV.
Drainage – Private treatment plant – managed and operated by the management company. Heating – Mains gas.
Telephone – Fibre to the property. 4G mobile signal.
Band B – 84.
Access is taken over the main road into Sandy Acres estate, an annual payment of £1,500 (index linked) per lodge being due as a contribution towards its ongoing maintenance.
Owners of each lodge will become members of a Management Company consisting of the 8 lodges only. Draft budgets are available on request which indicate the annual cost to each lodge to be £1,250 per annum. This includes all drainage costs amongst other matters, often a significant cost in their own right if connected to mains sewers.
RATEABLE VALUE & COUNCIL TAX
The lodges are currently registered for non-domestic rates, as a single entry for the whole complex of 8 lodges. Depending on the buyers intended use, the rateable value will be required to be reassessed for the individual properties by the Valuation Office Agency or changed to the appropriate Council Tax banding.
Strictly by appointment with the agent. It is requested that interested parties do not disturb the privacy of guests in the lodges. Due to the existing holiday letting use, it is expected that viewings will predominantly be held on a Friday, during the middle part of the day.
A virtual viewing is available, prepared when the property was known by its former name, Fastnet - https://my.matterport.com/show/?m=Sk1r7HQWeP1
From the Loggans Moor roundabout on the A30, take the B3301 (Carwin Rise) road leading into Hayle. Pass Lidl on the right and at the double roundabout, turn right onto the B3301 (Loggans Road). After approximately 300m turn left onto Sandyacres and continue into the Sandy Acres estate. At the car parking ticket machine, follow the tarmac area around to the right until you turn back on yourself, Towans Lodges being positioned in the natural bowl formed by the dunes.
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