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Three bedroom house plus adjacent fish and chip shop - Mullion - Image 1
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 2
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 3
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 4
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 5
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 6
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 7
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 8
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 9
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 10
Three bedroom house plus adjacent fish and chip shop - Mullion - Image 11

Three bedroom house plus adjacent fish and chip shop - Mullion

South West

£375,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Discover an intriguing opportunity to own a three-bedroom cottage situated adjacent to the well-regarded 'Galleon' fish and chip shop in the charming coastal village of Mullion on the Lizard Peninsula. This property presents a unique combination of residential and commercial spaces, making it ideal for those looking to invest in a lifestyle business or seek a multi-purpose property. The cottage requires modernization, providing ample scope for transformation into a delightful family home, tailored to contemporary living standards. Mullion, known for its stunning natural beauty and vibrant community, is surrounded by spectacular beaches and scenic walking routes along the South West Coast Path. With the added benefit of consistent foot traffic from both locals and visitors, this location suits those interested in capitalizing on strong demand for takeaway food from nearby holiday parks and campsites. The layout consists of an entrance porch leading to a kitchen with potential for upgrades, a spacious lounge that opens into a sunroom with garden views, three bedrooms offering distant sea views, and a generously sized bathroom. Adding character to this property are features such as exposed stone walls and original fireplace alcoves. The commercial aspect includes an established fish and chip shop with necessary catering equipment that may require servicing or replacement. This property represents not just a home but also an investment in one of Cornwall's most desirable areas, perfect for those seeking both comfort and potential income.

Investment Analysis

(TR12 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£320
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by -12.3% over the last 12 months
3 year growth: -18.3%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on TR12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Three bedroom house plus adjacent fish and chip shop - Mullion
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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