Guide 1,500,000 Mopus Reach and Malpas Marina, Malpas, Truro, South Cornwall FREEHOLD A remarkable and truly unique home and business comprising a spacious 2013 built detached 3 double bedroomed house, a large quayside, workshops and boathouse, significant pontoon berths and ownership of the foreshore to mean low water, currently operating as a small marina and boatyard. The perfect chance to indulge a love affair with the water and boats whilst living in a prime waterfront house designed to maximise the spectacular outlook over the confluence of the rivers. Planning permission for a further commercial building. Numerous current and potential income streams for increased income or a more relaxed way of operating.
2 SUMMARY OF ACCOMMODATION Ground Floor: entrance hall, open-plan living/dining room with balconies facing the views, semi open-plan kitchen, utility, wc. First Floor: landing, master bedroom with balcony and en-suite shower room, 2 further double bedrooms, bathroom. Outside: generous private parking area, patios, quayside below the house with greenhouse and store. MALPAS MARINA Extensive quayside and foreshore, 37 marina berths for shallow draft boats, 5 deep water swinging moorings on land rented from the Council, 8 dinghy rack spaces, further income from launching and landing, commercial pleasure boat landing on the marina landing stage and yard work. Extensive workshops and stores, marina office, shower and changing room. Planning permission for an additional two storey commercial building. Potential for additional income streams or to simplify for less involved management. DESCRIPTION Mopus Reach and Malpas Marina are offered for sale for the first time since 1995, with the house itself having only been built to a contemporary low energy consuming design in 2013.
3 The location is extraordinary, presiding over a stretch of foreshore to mean low water at the deep water channel at the confluence between the Tresillian and Truro Rivers which are some of the most picturesque and unspoilt in the South West. Ancient woodland reaches down to the river s edge and there is even a heronry within sight. Opportunities to own a first class waterfronting home, extensive quayside, foreshore and a marine business almost never become available and this particular property and business is of an ideal scale to be easily managed and indulge a love affair with boats and the water. There are currently no employees other than the owners. Current income levels are about 58,000 a year gross and are mostly derived from income streams that require very little attention including pontoon berths, swinging moorings, overwintering on the quay and landings by the FalRiver ferries and pleasure boats. An additional income stream is generated by basic boatyard works and this could either be ceased or handed over to self-employed tradesmen to lower the input required from an owner. Alternatively, there are ways of increasing the income either through boating services or via a waterfronting café/tearoom as the two that did exist in this stretch of the river have now been turned into private homes.
4 Further potential comes from a grant of planning permission in early 2017 under Reference PA17/00547, for the construction of a two storey contemporary additional workshop and office on the quayside (see plans attached). The house itself is positioned above the workshops and has its own private parking area, balconies, terraces and section of quayside. From its own ground floor level entrance there is a hall with storage area, wc off and across the entire rear of the building is a large open-plan lounge and dining room with four sets of glazed double doors taking in the incredible views. To the rear is a kitchen and utility room although the kitchen looks
5 through the dining area to the river. On the first floor the master bedroom also has its own balcony and large en-suite shower room whilst the other two double bedrooms share a bathroom. Below the house and its parking area are workshops, boat stores, an office and a shower room which are approached from the driveway onto the quay. The size of the quay gives plentiful space for over-wintering boats, lifting out and general works. A gangway leads down onto the pontoons which were significantly overhauled in 2015 including the installation of new piling to hold the pontoons in place, major repairs, new pontoons and a new gangway and landing stage. The facilities and business are offered in good health with either great potential to expand the commercial side or to reduce the owner s input and make it the perfect early retirement enterprise. LOCATION Malpas is an enchanting and peaceful village at the end of a no-through road with a well known pub, The Heron Inn, which offers excellent year round food and beautiful views over the river. This tranquil stretch of river is an ideal place to learn to sail or to enjoy kayaking and stand up paddle boarding as well as bird watching on the numerous creekside walks which lead through the woodland around to St Clement and to Boscawen Park. River trips leave from Malpas to the port town of Falmouth via the River Fal and the Carrick Roads with various stop off points and there are numerous picturesque villages to explore by boat around the Carrick Roads including the upmarket sailing haven of St Mawes, Loe Beach at Feock where there is a sailing school and café, Mylor and Flushing. Under 2 miles away lies the cathedral city of Truro which is Cornwall s commercial and administrative centre and provides a superb array of local and national retailers, leisure facilities including a cinema and theatre together with excellent private and state schooling. Truro has picturesque cobbled streets, many restaurants and cafés and all that one would expect of the county s capital including a mainline railway station. It is amazing to think that all of this is so close to hand when living in such a picturesque setting. THE ACCOMMODATION COMPRISES (all floor plans and dimensions are approximate) From the driveway a walkway leads to the front door opening to:- RECEPTION HALL. Staircase rising to the first floor with fitted shelving and coat hanging space below. Store cupboard, tiled floor, obscured window to the front. Underfloor heating with digital thermostatic control. Doors to the open-plan living/dining room and:- WC. White wc, white pedestal wash basin with chrome mixer tap. White tiled splashbacks where necessary, tiled floor, extractor fan, underfloor heating. OPEN-PLAN LIVING / DINING ROOM 32 2 x 18 8 reducing to 10 4. A superb semi open-plan space with four sets of double doors opening onto Juliet balconies, a slate floored sit out balcony and onto a terrace with steps then descending to the quay and all taking in the magnificent marina and riverside outlook. Heated engineered oak flooring and tiled flooring to the dining area, full wall of handmade fitted shelving with central media space.
6 Clearview stove with exposed flue set into a central open backed fireplace with brick surround, Delabole slate hearth and mantel. Walkways lead to either side of the fireplace to a dining area immediately in front of the broad opening into the kitchen.
7 KITCHEN 10 2 x 9 4. Obscured window to the roadside but also looking straight through the dining area and out to the river. Fitted with a range of off white painted wood fronted kitchen units under oak block worktops with cream tiled splashbacks. Stainless steel 1½ bowl sink and drainer with a chrome mixer tap over. Integrated twin oven and grill, four burner ceramic hob with stainless steel and glass extractor over. Integrated space for a fridge/freezer, dishwasher and microwave. Heated tiled floor. Door to:- UTILITY ROOM. Continuation of the heated tiled floor from the kitchen, obscured window to the front, stainless steel sink and drainer with chrome mixer tap over and cream tiled splashbacks. Cream fitted units under roll edged wood effect worktops with space below for a washing machine. FIRST FLOOR LANDING. Galleried over the staircase with a wooden handrail. Two windows to the front, access to loft space, thermostatic heating control. Doors to:- MASTER BEDROOM 16 7 x 12 5. Glazed double doors opening to a Juliet balcony facing the views, door to a recessed cupboard housing the hot water cylinder and the control systems for the solar thermal water heating system. Door to:- EN-SUITE SHOWER ROOM. A spacious room facing the views with two walls in white tiling with feature tiles at half height. Large contemporary glazed screened shower enclosure with a Mira mixer shower. White wc, white pedestal wash basin
8 with chrome taps and mirror with integrated lighting above. Window facing the views, chrome heated towel rail with additional electric element, door to a recessed airing cupboard warmed by the flue from the stove. BEDROOM 2 13 6 x 9 6. Window facing the views. BEDROOM 3 10 5 x 9 5. Window to the front. BATHROOM. White tiled walls to two sides and around the bath with a feature strip at half height. White wc, white pedestal wash basin with chrome mixer tap and mirror with integrated lighting over. White panel bath with chrome mixer tap and shower over. Chrome heated towel rail with additional electric element, obscured window to the front, extractor fan. LOWER GROUND FLOOR WORKSHOPS Below the house and approached either by steps down from the front of the house onto the quayside or from the marina quay are extensive workshops, boat sheds and ancillary rooms. WORKSHOP 31 2 x 20 4. Three sets of very wide half glazed double doors opening onto the quay below the house, set of very wide half glazed internal doors opening to the boat store, all to allow the movement of boats. Further pedestrian door to the boat store and a sliding metal door to:- STORE ROOM 30 long approx. Extensive storage space, extractor fan. BOAT STORE 25 6 reducing to 16 x 17 6. Half glazed double doors opening to the marina quayside, huge matching windows facing the water, very wide half
9 glazed pedestrian door, internal half glazed doors through to the workshop, kitchenette area with cupboards, sink, tiled splashback and electric water heater. Half glazed door to:- MARINA OFFICE 9 x 7 6. Two sets of internal windows looking through the boat store to the marina, fitted desks and cupboards. Door to:- STORE ROOM 8 6 long. Fitted shelving down one wall. SHOWER ROOM AND OAR STORE. Glazed door opening onto the quayside, oar storage racks, door to shower room and wc. MOPUS REACH OUTSIDE From the roadside an opening leads onto a tarmac parking area with space for 4 cars which is over the top of the boat store and a walkway leads across the front of the house to a slate roofed log shed at the end of the path. Beside this a gate opens through a high fence onto a broad slate pathway leading along the south western side of the house where it passes the air source heat pump. The slate path wraps around onto a slate paved terrace facing the views and from here a staircase descends to the private quayside for the house. Set at the same level as the workshops is a paved topped quayside with sitting areas, greenhouse and a planted bed with a fig, rosemary, rose, hebe and camellia. A fenced off area with gates to either side could be used for storage but also provides a secure access via a gate onto the edge of the quay which is otherwise fenced. A further gated entrance opens into a 20 long approx. store room ideal for kayaks and wind surfboards etc.
10 MARINA The extensive quayside has onshore over wintering space for at least 5 reasonable sized boats. The more public area is fenced whilst another section is not fenced to allow access to boats alongside and to a rise and fall pontoon berth accessed via a ladder. A wide vehicular access off the Council owned approach gives access to the site, to the left of this are dinghy racks and to the right is a fenced storage area for moorings, gas bottles and other sundries. The Council owned approach turns into the cobbled slipway leading down to the foreshore which, to one side of the slipway, is then owned by Malpas Marina. A gated walkway from the quay opens onto the modern marina pontoon berths which extend to both sides with finger pontoons providing easy access to clients boats. At the end is a hammerhead landing stage which commercial pleasure boats pay to land on. In total, there are 37 pontoon berths, 8 dinghy rack spaces and 5 swinging deep water moorings on ground rented from Cornwall Council.
11 The income from FalRiver Enterprise Boat landings and quay work including lifting out and general repairs and maintenance on boats, plus a small amount of chandlery sales and boat brokerage sale commissions completes the current income streams which combined produce a gross income of just over 58,000. The owners are the only employees of the company as this is a very easily managed and run business. There is potential to offer tradesmen space to work on boats and engines on the quay and in the workshops for a fee or there are many other potential commercial enterprises that would benefit from this stunning waterfront position so close to Truro. Further potential comes from a Grant of Planning Permission in early 2017 under Reference Number PA17/00547, for the construction of a two storey contemporary additional workshop and office on the quayside. This building has been designed to complement the recently constructed house and could be utilised in a number of different ways, subject to planning conditions. There are currently no employees apart from the owners of the business. www.malpasmarine.co.uk
12 Passed plans for construction of an additional two storey building providing office and workshop space under Planning Reference PA17/00547. Not to scale for identification purposes only.
13 GENERAL INFORMATION VIEWING Strictly by prior appointment through: Lillicrap Chilcott, Landrian House, 59-60 Lemon Street, Truro, Cornwall, TR1 2PE. Telephone: (01872) 273473. E-mail: sales@lillicrapchilcott.com. POST CODE TR1 1SQ. SERVICES Mains water and electricity fed to the house and then sub-metered to the business. Mains drainage for the house and private drainage system for the shower and wc on the quayside. Solar thermal water heating panels for the domestic hot water with backup from an air source heat pump and immersion element. Air source heat pump providing heating to the house via a wet underfloor system on the ground floor and radiators on the first floor. Woodburning stove in the main reception room. For Council Tax see www.mycounciltax.org.uk. DIRECTIONS From Truro take the riverside road to Malpas. After passing the Heron Inn Mopus Reach and Malpas Marina will be found on the right hand side. AGENT S NOTE The above particulars have been prepared as a general guide only for prospective buyers. Whilst we have endeavoured to provide a fair and reasonable description of the property, no specific survey or detailed inspection has been carried out in relation to the property, the services, the appliances and any fixtures and fittings or equipment. All buyers should rely on their own surveys and investigations in connection with any purchase of the property. All measurements, floor plans, dimensions, acreages and distances are approximate only and should not be relied upon for accuracy. OFFICE OPENING HOURS Monday to Friday 9.00am to 5.30pm. Saturday - 9.00am to 1.00pm. NB: A number of staff are available for viewing appointments all day Saturday and all day Sunday.
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