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COMMERCIAL

Berry Road, Newquay

£550,000
I Am The Agent, Nationwide
PROPERTY TYPE

Commercial Property

BEDROOMS

18

BATHROOMS

16

SIZE

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Floor/Site plan 1Floor/Site plan 2
3

Key features

  • 18 bedrooms (14 en-suite) lodge
  • Town Centre location
  • proven income & strong yield
  • freehold option for 180,000
  • Property Reference: 37783
  • Property Reference: 37783
  • Property Reference: 37783
  • Property Reference: 37783

Description

Turnover circa £330,000 p.a. | Net profit £45,000 – proven going concern.
· 18 bedrooms – 14 with private bathroom.
· Ground floor café – fully equipped, potential for all day dining.
· Parking: Staff parking for 4 vehicles at the rear (used primarily by staff; limited guest availability in high season as a courtesy). An additional 2 shared spaces are located behind the hotel.
· Prime town centre location – high footfall, near beaches and surf schools.
· 999 year leasehold – long term security with 7,595 yearly ground rent.
· Freehold option: The freehold is available for £180,000 (subject to contract) – purchase it now or leave it for the next owner.

Investment case:
At £550,000 leasehold, the property delivers an 8.2% gross yield – a standout return in today's market. With strong guest reviews (Booking.com location score 9.0), this is a rare opportunity for an owner operator or investor seeking immediate income in one of the UK’s top coastal resorts.

Property reference: IATA37783

Energy Performance Certificates

EPC 1

Berry Road, Newquay

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newquay Station0.2 miles
  • Quintrell Downs Station2.3 miles

About I Am The Agent, Nationwide

The Fuel Tank 8-12 Creekside London SE8 3DX

I Am The Agent is a property agent with a difference, we have created a community driven by property and technology (as well as our hugely passionate team of property experts). We have helped thousands of users, save millions! We have been established since 2009 and in that time, we have marketed over 10,000 properties, so you are in good hands. The team love to help home hunters take their first steps on the ladder, we have helped over 180,000 users find their home.

I Am The Agent firmly believe in transparency, low fees and client service, hence our 5 star reviews .

Our team are on hand with transparent and straightforward advice on all matters relating to property, so do give us a call 0203 389 9679 or visit www.iamtheagent.com for a no obligation chat.

Notes

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Disclaimer - Property reference 37783. 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 I Am The Agent, Nationwide. 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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