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4 bedroom apartment for sale

Strand Street, Padstow, Cornwall

Guide Price £850,000

Property Description

Key features

  • Superb Harbour and Estuary views
  • Central Padstow position
  • Ideal letting units
  • Including freehold
  • Well presented
  • Also available individually

Full description

Tenure: Freehold

A unique opportunity to purchase a superb freehold Grade II listed former quayside warehouse, currently comprising two flats over an art gallery, in the iconic harbour of Padstow. Ideal as an investment for its current use as holiday homes, or alternatively, a creative eye might consider combining them into a large residential property or commercial space.

These two flats have spectacular views over the bustling harbour of Padstow. Having originally been a warehouse, the original doors for importing goods have been converted into large windows providing superb coastal views. Under the same ownership, the two flats are being offered to the market along with the freehold of the building. Below the flats, there is a ground floor shop under separate ownership through a long leasehold which forms part of the freehold but is not included in the sale.

This is a 2 bedroom flat with its principal rooms overlooking the harbour. The sitting room has whitewashed stone walls and a large window down to floor level. The two double bedrooms are similar in style, all having glorious uninterrupted views over the harbour below. One of the bedrooms has an en-suite shower room and there is a separate family bathroom. The kitchen is generous and purposeful, and leads off the entrance porch which also serves as a very useful utility area. The high ceilings of the apartment give it a sense of space and increase the light and airy feel.

Occupying the upper floor of the building is the larger two bedroom flat. The impressive and generous sitting room has three windows offering panoramic views over Padstow's harbour. An exposed stone wall makes a nice feature. A double bedroom to the front of the building also enjoys panoramic views. There is both a family bathroom and separate shower room. The kitchen is a good size and there is a second, slightly larger double bedroom to the rear of the flat, also with an exposed stone wall. A spiral staircase leads up to a large loft. Previously used as an office and games room, there are a series of Velux skylights allowing this room plenty of potential for further accommodation.

Each flat has its own independent access from Strand Street running to the rear of the building. Number 6 has the advantage of a large private store room off the entrance lobby at ground floor level which is ideal for a small boat or bike store. It also has the benefit of a shower room, ideal for washing off after a day at the beach.

Ownership of the freehold of the building allows a new owner flexibility of its use. While currently used as successful holiday lets, the buildings position, and construction (timber frame internally) offers the opportunity for conversion (subject to planning and Historic England approval), perhaps into a harbour side restaurant. Whatever the use, the incredible location and views will forever be an enormous asset to a new owner.

The property is set in the heart of old Padstow with its picturesque bustling harbour, shops, restaurants and pubs. It is an increasingly fashionable fishing village made famous by the celebrity chef, Rick Stein. It sits in an inlet on the west side of the Camel Estuary, opposite Rock and protected from the prevailing winds off the Atlantic Ocean.

The town offers a good range of amenities, as does nearby Wadebridge, around eight miles by car or five miles via the Camel Trail footpath and cycle way which follows the river. Other superb walks include the Saints Way from Padstow to Fowey and the Coastal Footpath.

On arrival at Padstow on the A389 (from the direction of Wadebridge and the A30) take the right turn marked' Town Centre, Docks and Camel Trail' and continue down the hill to the main car parks along the quayside. We would suggest parking here and walking to the harbour where the property is found on the left had side overlooking the harbour. The doors to the properties are at the rear, off Strand Street.

Mains water, drainage and electricity are connected to the property. Central heating is electric with night storage heaters. Both flats are Council Tax B.

The properties are held Freehold. The ground floor shop and art gallery to the front of the building is under separate leasehold ownership at a peppercorn rent. Restrictive covenants prevent any noisy or odorous use in order to protect the enjoyment of the flats above.

LOCAL AUTHORITIES Cornwall Council. County Hall, Treyew Road, Truro TR1 3AY. 0300 1234 100.

More information from this agent

Listing History

Added on Rightmove:
26 October 2016

Map & Street View

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