Treasure Island port on sale: famous property rules
Filed under: House Prices
David Davies/PA Archive/Press Association Images
So what do you get for your money? And does its famous past make it more or less of a bargain?
The sale
The harbour in question is Charlestown in Cornwall. It is a Grade II listed Georgian harbour, with a thriving port and tourist trade.Its owner has put it up for sale, and buyers can choose to take it all, or to buy one of three lots. One is £1.5 million, and includes a number of business, including the harbour, car park, weighbridges, and an ice cream shop.
The second lot is a marine training and charter business. Among the vessels for charter are two tall ships, which are sometimes used for filming period pieces. This one is on sale for £1.4 million
The third lot - also £1.5 million - is for two acres of land, which doesn't have planning permission yet.
Cinematic connections
The owner told the Daily Telegraph: "We bought the harbour to keep ships in and have the facilities to repair boats, but a lot of our business is now focused on film sets."This particular sale is likely to be too rich for most people's blood, but it raises the question of whether a famous or cinematic past is something to look for when you're buying property.
In this instance, Lawrence Hall of Zoopla.co.uk, says its fame should boost prices considerably. He explains: "Properties that have appeared on the silver screen will always hold a certain amount of intrigue among buyers and if the link is overtly used to promote the property then it will likely generate plenty of interest."
However, he adds that buyers should think carefully before buying any property with a cinematic or TV link. He says: "A cinematic connection alone will not sell a property and doesn't guarantee a price premium. Properties still need to be of significant quality if they are to sell above their local market rate. A Hollywood connection may be glamorous and a good talking point, but it pays to do your research when investing in property."









