A tiny plot of land overlooking a world-renowned surf beach has gone up for grabs for £395,000. The scrap of ground measures only 2,260 sq ft (210 sq m) but offers an impressive vantage point overlooking Polzeath Beach on the north Cornish coast. There is currently a 'modest shack' on the plot, which is included in the sale, but marketers believe the development potential of the site will appeal to buyers. A ramshackle bungalow in a third of an acre nearby is simultaneously on the market for £1.5million, making this alternative a potential bargain.Yet any new owner would need to get planning permission - currently missing - to build a small new home on the territory, which is next to The Galleon Beach Cafe. There is presently a C-Skins wetsuit hire company outlet on the site, but the business is not for sale. Polzeath is renowned for its picturesque setting and seafront that attracts plenty of surfers, both day trippers and enthusiasts.High-profile figures who have regularly enjoyed holiday breaks in the area include former Prime Minister Lord Cameron and his family as well as Bafta-winning and Oscar-nominated actress Helena Bonham Carter. A 'modest shack' presently stands on a small plot of land that has just gone on sale for £395,000 in the north Cornish seaside resort of Polzeath The scrap of ground measures only 2,260 sq ft (210 sq m) but has an impressive vantage point overlooking Polzeath Beach on the coastLord Cameron, who has been seen bodyboarding at the beach, owns a £2million holiday home in the village of Trebetherick, less than a mile away.The £395,000 plot now made available has a wooden cabin and a second gazebo style structure, a wooden decking area and several picnic tables and benches. The land is being offered on a leasehold for 997 years. The South West Coast Path runs behind the plot providing access to the beach below or on round the coast to New Polzeath, Baby Bay and the National Trust's Pentire Point. A spokesperson for John Bray Estates, which is selling the property, said: 'There are places on the north Cornish coast that exist in people's memories long before they ever own them. 'Spots that have been gazed at from boats, walked past on the way to the beach, speculated about over decades. 'The plot of land adjacent to The Galleon in Polzeath is one of those places - a scrap of ground so well-positioned, so embedded in the fabric of one of Britain's best-loved surf villages, that it carries a weight of association entirely disproportionate to its modest footprint. 'The plot is tiny, but its position is extraordinary. Sitting in the heart of Polzeath with views directly over the beach, it is seconds from the sand, moments from the village's cafés and surf shops, and just steps from the South West Coast Path. The South West Coast Path runs behind the plot providing access to the beach below or on round the coast to New Polzeath, Baby Bay and the National Trust's Pentire Point There is currently a C-Skins wetsuit hire company on the site, but the business is not for sale The seafront attracts holiday-makers including keen surfers and bodyboarders each summer The £395,000 plot now made available has a wooden cabin and a second gazebo style structure, a wooden decking area and several picnic tables and benches Polzeath Beach is pictured here looking towards Pentire Point and Newlands Island Then-Prime Minister David Cameron and his wife Samantha are seen sitting on a bench outside a cafe overlooking the beach at Polzeath in 2013 - the family are regular Polzeath visitors'This is the kind of spot where generations of holidaymakers have squeezed into borrowed wetsuits, eaten chips on a wall, watched the waves and thought: if only.'The land comes with the question of what a creative mind and the right planning consent might conjure.'The answer, on a plot this well-located, could be quite something.'The firm described the property as 'a beautifully considered small dwelling that punches far above its square meterage in both character and position'.They also suggested potential buyers could consider 'a more ambitious scheme depending on what consents can be achieved, and the finances available'.