Investment Property,15 East Street, Newquay, Cornwall, TR7 1DN
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
12
- SIZE
Ask agent
- TENUREDescribes 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
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
Energy performance certificate - ask agent
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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Investment Property,15 East Street, Newquay, Cornwall, TR7 1DN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newquay Station0.2 miles
- Quintrell Downs Station2.4 miles
About the agent
VERITAS BUSINESS SALES LTD, South West
Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL
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 fr
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - 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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