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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 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom cottage, situated next to the well-established fish and chip shop known as "The Galleon," presents a unique opportunity for renovation and investment within the charming coastal village of Mullion on the Lizard Peninsula. This area is recognized for its stunning natural beauty and is classified as an Area of Outstanding Natural Beauty. The property is being sold freehold, encompassing both residential and commercial spaces. The adjacent fish and chip shop has earned a solid reputation within the community, making it an appealing option for those looking to delve into a lifestyle business. The cottage itself requires refurbishment and modernization, providing an excellent canvas for potential buyers to create a welcoming family home or vacation retreat. Mullion offers a vibrant atmosphere with consistent foot traffic from both residents and visitors throughout the year. Its prime location near holiday parks and campsites ensures ongoing demand for takeaway food, further enhancing the commercial viability of this property. The village hosts a variety of amenities, including schools, healthcare facilities, local clubs, and even a golf course—all contributing to a strong sense of community. In terms of accessibility, Mullion is not only surrounded by beautiful beaches and scenic coastal paths but also offers convenient transport links. The nearby market town of Helston provides additional shopping options, while Redruth rail station (18 miles away) and Newquay Airport (43 miles) connect the area to broader destinations including London and Europe. The layout of the cottage features practical living spaces that can be transformed to meet modern standards. It includes a kitchen with potential for updates, a spacious lounge that connects to a sunroom benefiting from garden views, and three good-sized bedrooms—two with glimpses of Mounts Bay. The bathroom is adequately sized but could benefit from contemporary enhancements. The commercial space currently houses a restaurant area capable of seating 26 guests, alongside separate takeaway facilities equipped with essential catering equipment—though some items may require servicing or upgrades post-sale. Whether you are interested in operating an established local business or envisioning your ideal home in one of Cornwall’s most picturesque locations, this property offers considerable investment potential with opportunities for development in both residential and commercial sectors.

Investment Analysis

(TR12 area)
Area Average
£346/sq ft

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
7%
Properties sold annually

Local Market Trend (TR12)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -19.3%
5 year growth: 6.9%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE