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• INVESTMENT OPPORTUNITY COMPRISING 8 FOUR STAR HOLIDAY LETTING APARTMENTS

Price:
Freehold - £1,250
Seller Ref:
b35867
Location:

Cornwall, St Ives

Business Type:

Commercial Property

See Other:
Investment properties for sale in Cornwall
Commercial property for sale in Cornwall
Description:
THE BUSINESS:
• SITUATED IN THE POPULAR CARBIS BAY AREA, CLOSE TO ST IVES
• WITHIN WALKING DISTANCE OF A WELL KNOWN TOURIST BEACH
• AMPLE PARKING, GARDENS AND EXTERNAL HEATED SWIMMING POOL
• CURRENTLY RUN AS HOLIDAY LETS, WITH A FULL RESIDENTIAL CONSENT PENDING

The property comprises eight luxury apartments, all of which have been meticulously maintained by our clients and now provide 4-star accommodation. The apartments are double glazed with gas central heating, each apartment having a full bathroom with bath and shower. The kitchens, many of which have been re-fitted, are extensively equipped with microwave, dishwasher, fridge/freezer etc. The living areas are spacious and comfortable, many of which having access to balconies and are well-furnished to include colour televisions, DVD and sterio systems. There are seven 2-bedroom apartments and one 1-bedroom apartment.

The property currently has a 12-month holiday usage restriction, with an application pending to gain full residential status.

This is a tremendous opportunity to acquire a quality holiday letting business with room for growth as our clients choose to trade the business at the VAT threshold.
Location Details:
Carbis Bay is one of the most popular holiday destinations within West Cornwall, owing to its proximity to the cosmopolitan resort of St Ives. Rotorua Apartments are ideally situated, being close to St Michael’s Mount, the Tate Gallery at St Ives, the Minack Theatre at Porthcurno and offers easy access to the A30, the main route in and out of the county with a main line rail link at St Erth onto the Penzance to Paddington line.
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