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Investment Property,15 East Street, Newquay, Cornwall, TR7 1DN

PROPERTY TYPE

Block of Apartments

BEDROOMS

12

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Freehold premises
  • Excellent position
  • Town centre
  • Investment opportunity
  • Holiday destination

Description

Freehold Investment Property Located In Newquay
Rental Income £83,700 pa (9%)
12 Flats & 4 Retail Units
Ref 2931

Location
This Investment property is located within a busy parade of shops just off one of the main thoroughfare roads in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid-back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort - all wrapped up in the most fantastic coastal scenery.

Asking Price: £949,950

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Investment Property which is located in the Cornish seaside town of Newquay. The property has been in the careful hands of our clients for the past 20 years and is now being offered for sale so that they can enjoy a well-deserved retirement. Since ownership they have completely redecorated the premises and continually invested in the building. The property includes 12 flats which are all occupied and achieves a rental income of £83,700pa (9%). The 4 retail outlets have leases for the next 40 years on a peppercorn rent. This is a superb opportunity to purchase an Investment Property in the centre of Newquay and as such early viewing is highly recommended.

Ground Floor First & second floor
Flat 1 with Hallway, Bathroom, Kitchen/Lounge and Bedroom (45sqm).
Flat 2 with Hallway, Bathroom, Kitchen/Lounge and Bedroom (45sqm).
Flat 3 with Hallway, Bathroom, Kitchen/Lounge, Bedroom (45sqm).
Flat 4 with Hallway, Bathroom, Kitchen, Lounge/Bedroom (35sqm).
Flat 5 with Hallway, Lounge, Kitchen, Bathroom and bedroom (43sqm).
Flat 6 with Bathroom, Open Plan Kitchen, Lounge and Bedroom (29sqm).
Flat 7 with Hallway, Lounge, kitchen, Bathroom and bedroom (37sqm).
Flat 8 with W/C, Shower, Kitchen/Lounge, Bedroom (20sqm).
Flat A with Hallway, Bathroom, Kitchen/Lounge and Bedroom (35sqm).
Flat B with Bathroom, Open Plan Kitchen/Lounge/Bedroom ((31sqm).
Studio A with Bathroom, Open Plan Kitchen/Lounge and Bedroom (24sqm).
Studio B with En-Suite Bedroom, Kitchen/Lounge (20sqm).
Lower Ground
Attic
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Investment Property,15 East Street, Newquay, Cornwall, TR7 1DN

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newquay Station0.2 miles
  • Quintrell Downs Station2.4 miles
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About VERITAS BUSINESS SALES LTD, South West

Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL
Industry affiliations:Industry affiliation logo 0

Veritas Business sales boasts over 15 years’ experience in Business sales, Acquisitions, and Commercial property sales. Whether you are selling a coffee shop in the Midlands, Public house in Wales or a Hotel in Cornwall we can help you with your exit strategy. We have a network of Consultants across the UK so choosing an agent that understands your business and the benefits of its location, means we can strategically present your concern to a focused audience.

Please contact us for a free and confidential no obligation valuation at a time and date to suit.

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Disclaimer - Property reference 2931. 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 VERITAS BUSINESS SALES LTD, South West. 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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