Approximately 104.21 acres of good quality coastal farmland, with a modern farm building, situated to the south of Porthpean and with spectacular views overlooking St Austell Bay.
Approximately 104.21 acres of good quality coastal farmland, with a modern farm building, situated to the south of Porthpean and with spectacular views overlooking St Austell Bay.
• Good size, gently sloping field enclosures. • Excellent road access. • Portal frame agricultural building. • Extensive views over the Cornish south coast. • Historic iron age feature. • Approximately 104.21 acres (42.17 ha) in all.
For sale as a whole, by private treaty.
LOCATION The land is situated just outside the desirable village of Porthpean and commands stunning views over St Austell Bay and Gribbin Head. It is located approximately 2 miles southeast of the town of St Austell, which provides a wide range of amenities and services, including veterinary practices, supermarkets and schools. The land can be accessed from several gateways along the public highway which runs along the western boundary, as well as an access track adjacent to the farm building which divides the land into two blocks, with three gateways off this track.
LAND The land historically formed part of the Penrice Estate and is being offered for sale for the first time in nearly 50 years. With a total acreage of 104.21 acres, the land largely comprises arable and pasture, with small areas of scrub/woodland towards the southeast which measure approximately 5.20 acres in total.
The land slopes in an easterly direction and is divided into two adjacent blocks by an access track which lies immediately to the south of the farm building. The holding encompasses ten good-sized fields in total.
According to DEFRA’s Agricultural Land Classification Map, the land is largely classed as Grade III, with some land on the eastern side being Grade IV. It is predominantly classified as being of freely draining, slightly acidic, loamy soils, usually associated with arable and grassland. Further information is available from the agent regarding the ownership and maintenance responsibilities of the northern boundary of the land.
FARM BUILDING The agricultural building consists of three bays, with a concrete frame, timber roof truss and a sheeted roof. It has a lean-to on the western side with a monopitch sheeted roof. The entire building is clad in timber Yorkshire boarding. In total the building measures approximately 45ft x 85ft (3,825 sqft/355 sqm).
The building has a yard area and its own independent access from the public highway but also has direct internal access to the field immediately to the north.
METHOD OF SALE The land is offered for sale by private treaty.
TENURE & POSSESSION The freehold of the property is offered for sale. All the land is currently occupied under a Farm Business Tenancy, the term of which will end on 28th September 2025. Vacant possession will therefore be available after this date.
ENVIRONMENTAL SCHEMES The land is not subject to any Environmental schemes.
DESIGNATONS The land contains a round known as Castle Gotha, which is designated as a scheduled monument. St Austell Bay is designated as a Special Protection Area (SPA). The land does not lie within a Nitrate Vulnerable Zone (NVZ). Most of the land to the south of the agricultural building lies within the Cornwall National Landscape/Area of Outstanding Natural Beauty (AONB). The land north of the building is outside the AONB.
RESTRICTIVE COVENANTS The land is sold subject to the following restrictive covenants for the benefit of the National Trust:
1. No act or thing shall be done, or placed upon the land, which in the opinion of the Trust shall materially alter the natural appearance or condition of the land, or which in the opinion of the Trust shall be harmful to the amenity provided by it. 2. No new building or other erection, except for agricultural purposes, shall be allowed to be erected or remain on the land without the prior written consent of the Trust. 3. No mine or quarry shall be opened or worked upon any part of the land without the prior written consent of the Trust.
SERVICES The land is connected to mains water, with troughs in several field enclosures. The property does not benefit from an electricity connection.
WAYLEAVES, EASEMENTS & RIGHTS OF WAY The sellers will retain a right of way for all purposes from the public highway, over the area hatched in brown to access retained land.
The property known as Silvermine House/Castle Gotha Farm is surrounded by land within the property and benefits from a right of way from the public highway, over the track which lies immediately south of the farm building.
There are several public footpaths which cross the land, as shown on the Cornwall Council interactive mapping system or their definitive rights of way plans.
There are electricity pylons on the land and a wayleave agreement exists in respect of this.
SPORTING & MINERAL RIGHTS Sporting rights included. Mineral rights partially excluded.
LOCAL AUTHORITY Cornwall Council New County Hall Treyew Road Truro Cornwall TR1 3AY
VIEWING Interested parties wishing to view the land should contact Carter Jonas in the first instance, but may view unaccompanied, on foot and during daylight hours only.
DIRECTIONS From the main double roundabout near St Austell Town centre (adjacent to the Travelodge and B&Q), proceed east along the A390 in the direction of Liskeard and Bodmin. Continue along this road for approximately 1 mile, taking the second exit at the next roundabout, before taking the next available right-hand turning, signposted Porthpean and Duporth. Proceed along Porthpean Road for just over 1.25 miles and the land will be found on your left, immediately after passing the Porthpean Outdoor Education Centre.
WHAT3WORDS /// swarm.quietest.bricks (entrance gateway to agricultural building).
TRURO OFFICE Contact Chris Anderson or George Olver for more information.
The next steps...
1
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.
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.
2
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.
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.
3
Need to sell a property
or thinking of letting?
If you have a property to sell, why not see how we can help you.
Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.
Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.
