Azime Court, Rock

An unusual opportunity to acquire a mixed-use, freehold investment property set in the heart of Rock generating circa. £50,000 per annum. Currently comprising two successful retail units, two office units & five garages along with a recently refurbished 2-bedroom apartment with holiday or residential letting potential. Azime Court also comes with planning permission to extend and improve the current scheme, providing the potential to increase ROI further.

• Two successful retail units and two separate office spaces with leases in place. Income schedules are available upon request.

• 2-bedroom first-floor apartment approx. 670 sq. feet

• Five rented garages to the rear of the property.

• Highly sought-after location situated on Rock Road with designated off-road parking.

• Central location within easy reach of the village amenities and just a short walk to Rock and Porthilly beaches.

Existing Property

Azime Court provides a diverse and exciting opportunity to secure a strategically located, mixed-use investment opportunity with good income along with planning permission to extend and improve. Azime Court is situated in the centre of Rock, in a prominent position set back off Rock Road, with a good level of parking to both the front and rear of the property. Azime Court provides an attractive investment proposition for investors and owner/occupiers alike in this highly desirable and popular coastal village.

Constructed in 1996, the property currently comprises of a detached two storey building with two retail units facing Rock Road - Rock Fish (312 sq. ft.) and Mooch Home (417 sq. ft.) to the front of the building with forecourt parking.

Two offices units towards the rear of the building through the arch, are occupied by The Coast Guard, (totalling 554 sq. ft.).

Access up to a first-floor residential apartment from the ground floor hallway, offering open plan living kitchen and dining, two bedrooms and a bathroom. The apartment has access to a small balcony from the landing.

There is driveway parking, and five single garages (207 sq. ft. each) located at the rear of the property.

Planning approved for two apartments, one two-bedroom and one three-bedroom. An exciting opportunity to own three centrally located, income-producing apartments offers great asset management possibilities for it’s this unique offering.

Azime Court Development Opportunity

• Planning permission granted for extension and refurbishment of the existing two-bedroom apartment, creating a new three-bedroom apartment with a terrace (95 sq. metres) and a two-bedroom apartment with a covered balcony. (70 sq. metres) (PA18/09933)

• Further planning granted for the creation of a two-bedroom apartment above the existing garages. (PA21/03134)

• A lawful development certificate is in place for Azime Court.

Rock is one of Britain’s best loved and most exclusive waterside resorts with activities for all ages. The spectacular North Cornish coast also has some of the best surf in Britain and Polzeath, just inside the entrance to the sandy Camel Estuary, is one of the finest surfing beaches. When tide and weather are against surfing, the river Camel, which runs between Padstow and Rock, offers a wonderful playground for sailors and water sports enthusiasts alike, with regular dinghy and shrimper races organised by the Rock Sailing Club. St. Enodoc Golf Course lies just 1 mile down the road, set in a spectacular location with dramatic views across the Camel Estuary and towards Stepper Point.

Approximately 6-miles from Rock is the market town of Wadebridge offering a wide range of independent shops and more extensive facilities. For food lovers, there are a wealth of excellent restaurants and pubs nearby including The Dining Room, The St Enodoc Hotel and The Mariners Pub in Rock, Restaurant Nathan Outlaw in Port Isaac, Rick Stein’s Seafood Restaurant and Paul Ainsworth’s No. 6 in Padstow.

There is a parking forecourt at the front for customers to access the commercial units. Archway driveway under the first floor leading to a rear parking courtyard providing access to the offices, garages and the first floor apartment.

Mains electricity, water and drainage. 

Viewings strictly by appointment with JB Estates.