Penwarne Lane, Mevagissey PL26

Penwarne Lane, Mevagissey PL26

134.2 acres (54.3 hectares)

Guide price £875,000
Trevarth 0.5 miles
Pentewan Turn 1.9 miles

134.17 acres (54.30 hectares) of arable, pasture and amenity/wildlife land.

OFFERS TO BE RECEIVED NO LATER THAN MIDDAY 25TH JANUARY 2021

Lot 2 of 3

LOCATION

The Land at Penwarne is situated on the periphery of the coastal villages of Mevagissey and Portmellon, within the Roseland Peninsula on the south coast of Cornwall, approximately 7 miles to the south of the town of St Austell.

The property is located in a traditional agricultural area, with a number of established and well serviced coastal and inland villages in close proximity.

The region caters for a large number of visitors throughout the year, who visit the area to enjoy the beaches, coastpath and coastal destinations of Mevagissey, Gorran Haven and Pentewan to name but a few. As such, the area is served by a plethora of tourism and leisure businesses, including the nearby Lost Gardens of Heligan, the Eden project outside St Austell, watersports and boating activities. A full range of accommodation is available throughout the Roseland area, ranging from rustic campsites to hotels, along with high quality retail, food, drink and restaurant businesses, many of whom source their produce from local suppliers.

Mainline train services with direct routes to London run from St Austell or the county town of Truro, 17 miles to the west, with national and international flights operating out of Newquay Airport, 21 miles to the north.

FARMLAND

Totalling approximately 134.17 acres, classified as Grade 3 and 4 on the agricultural land classification map and consisting of freely draining loamy soils, the land can be divided into two predominant areas.

Approximately 69.33 acres consists of level and gently sloping arable land able to be cultivated by modern farm machinery. Access to the land is either via the hamlet of Kestle from the west or from the main road at Portmellon to the east. The land has recently been used as ancillary land to local farming businesses in the area and included within an arable/maize cropping rotation.

Approximately 62.95 acres consists of pasture, generally located to the south and west of the land, including some areas of lower lying land and steeper scrub. Much of this land consists of a picturesque valley that has extensive views inland to the village of Gorran and seawards overlooking Portmellon.

A livestock handling facility is located centrally within the land and there are two small dilapidated barns positioned within the land, including one overlooking the valley to the south. The land is elevated and orientated east with extensive and spectacular views from multiple positions over Portmellon and Chapel Point, Mevagissey Bay and along the south Cornwall coast, past Fowey towards Plymouth.

METHOD OF SALE

The property is offered for sale by private treaty as a single lot as part of a larger sale consisting of 3 lots.

TENURE & POSSESSION

Vacant possession on completion.

BASIC PAYMENT SCHEME

No entitlements are included in the sale.

ENVIRONMENTAL SCHEMES

No environmental schemes are present on the land.

OVERAGE

The field hatched on the land plan is subject to an overage agreement, 30% of any uplift in value of the relevant land for a 25 year period will be payable by the buyer on the grant of planning permission for any use other than for agricultural or equestrian purposes.

DESIGNATIONS

The property is situated within an Area of Outstanding Natural Beauty (AONB).

SERVICES

No services are connected but proximity to public highways and residential property should ensure service connections are feasible, buyers should make their own investigations.

WAYLEAVES EASEMENTS & RIGHTS OF WAY

The property is sold subject to, or with the benefit of all Wayleaves, Easements, Quasi Easements, Rights of Way, Covenants and Restrictions whether mentioned in these particulars or not.

Public rights of way (footpaths) run along the northern and southern edges of the property.

Electricity power lines run over the land.

SPORTING TIMBER & MINERAL RIGHTS

We understand these are included in the sale.

LOCAL AUTHORITIES

Cornwall Council cornwall.gov.uk

VIEWINGS

Viewings are strictly by appointment with Carter Jonas on 01872 487620.

DIRECTIONS

Access to the land can be taken past Windmills (lot 1, see brochure or web entry for details). Alternatively, from Portmellon, follow Higher Park Road away from the beach around the outside of the village, the land is situated either side of the entrance to Penwarne Manor.

The next steps...

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
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property 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.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


We want to make the offer process as simple as possible and by registering with an account with Carter Jonas today, you can make offers on any of our properties online and at your convenience. Just register with us online and click the 'make an offer' button on any of our properties.

 

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We can even take the stress out of managing your rental, our award winning lettings team offer a service that can be tailored to your needs.

Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
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This could give you access to confidential sales (properties we are requested not to advertise) which you will never see online.

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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.

Key Property Details
Locality
Rural
Property type
Land
Additional attributes
Land/Paddock
Total land
134.2 acres (54.3 hectares)
Carter Jonas reference
TRU200027
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