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SOLD STC

Commercial Investment Cafe And Flat, Trevaunance Cove, St Agnes

Fixed Price
£649,000

Business rates & charges may apply

Miller Commercial, Business Transfer
SECTOR
Commercial development for sale

Key features

  • PRIME BEACH FRONTING INVESTMENT (CAFE & FLAT)
  • OVERLOOKING POPULAR BEACH, NEAR ST AGNES
  • CAFE (LEASED UNTIL DEC. 2023), RENTAL £18K PA
  • ONE BEDROOM FLAT WITH RESIDENTIAL CONSENT / LETTING
  • A VERY RARE OPPORTUNITY, GENUINE SALE
  • EPC: D99

Property description

Tenure: Freehold

A beach fronting COMMERCIAL INVESTMENT comprising income from a Cafe (£18k pa) and a First Floor FLAT, with full residential consent, currently used for holiday letting. Well presented, a rare opportunity in a prime location. Genuine sale.

Summary - PRIME BEACH FRONTING INVESTMENT (CAFE & FLAT)
OVERLOOKING POPULAR BEACH, NEAR ST AGNES
CAFE (LEASED UNTIL DEC. 2023), RENTAL £18K PA
ONE BEDROOM FLAT WITH RESIDENTIAL CONSENT / LETTING
A VERY RARE OPPORTUNITY, GENUINE SALE
EPC: D99

Location - Breakers Beach Cafe and Flat enjoys a prime position overlooking the beach at Trevaunance Cove in St Agnes. The Parish of St Agnes has seen some of the most significant price rises in recent years within the UK and is ranked as one of the best places to live in the South West. Trevauance Cove benefits from two long stay car parks and the beach is extremely popular with holiday makers during the summer months. Out of season it is very busy with surfers, dog walkers and hikers.

The Property - The three storey property has undergone extensive refurbishment during our client's tenure and is presented to a high standard.. To the ground floor is a seasonal Cafe which is let by way of a commercial lease which commenced the 1st March 2019, (ending 24th December 2023). The lease is outside the Landlord and Tenant Act 1954 (Section 24 to 28), and, as such, the tenant does not have an automatic right to renew the lease at the end of the term.

We understand the Cafe is popular and is well presented. The majority of the fixtures and fittings (to be confirmed) are client owned.

The lower ground floor, which is accessed independently from the slip way, is used by the Cafe tenants for storage and the sale of ice cream and hot beverages.

To the first floor is a beautifully presented one bedroomed apartment with spectacular sea views from the open plan living area. The apartment was occupied by our client until earlier this year but is now let via AirBnB for between £200 per night in peak season and £80 to £90 per night low season.

The Accommodation Comprises - (all areas and dimensions are approximate).

FLOOR PLAN OF FLAT AVAILABLE

Cafe - 10.892m x 3.837m. Large picture window to front elevation overlooking the beach with built-in bar seating for 4 customers, hand-built feature wooden bar/servery with kitchen area behind. Booth seating for 8 to 10 customers. Storage cupboard.

Lower Ground Floor - 4.217m x 3.600m. Accessed via a door from the slipway.

First Floor Flat - Accessed via an external spiral staircase.

Hallway - Doors to:-

Open Plan Lounge, Kitchen/Diner - 6.918m (max) x 3.694m. Large picture window offering panoramic sea views, kitchen area. A quite spectacular area to take in some of the best views in the County.

Wet Room/Shower -

Wc -

Bedroom - 4.007m x 2.243m (max). Window to side elevation.

Tenure - Freehold - Subject to the existing Lease Terms or the Cafe. Copy available.

General Information - LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151


Energy Performance Certificate - The Energy Performance Rating for this property is D99.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

We understand the majority of the kitchen equipment is owned by the client (to be confirmed).

Business Rates - We refer you to the government website

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power:
South West Water:
Transco:

Stock - Not applicable.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information - For further information or an appointment to view please contact:-

Graham Timmins on or via email or
Paul Collins on or via email

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

Energy Performance Certificates

EPC 1

Brochures

Commercial Investment Cafe And Flat, Trevaunance Cove, St Agnes

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redruth Station6.0 miles

About Miller Commercial, Business Transfer

Mansion House Princes Street, Truro, TR1 2RF

Chartered Surveyors and Business Property Specialists

As Chartered Surveyors and Business Property Specialists we offer market leading services across Cornwall, the wider South West and the UK as a whole. We specialise in investment and development, sales and acquisitions, business transfer, valuation and lease consultancy, property management, leasing and letting.

Retained Clients

A significant number of high worth individuals retain our services ready to inve

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Notes

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Disclaimer - Property reference 30058791. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Business Transfer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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