Investment Properties for sale in Newquay

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £265,000
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Business Description
AGENTS NOTE: Supplied services and appliances have not been tested by the agent. Prospective purchasers are advised to make their own enquiries.

THE SITUATION
Fore Street is part of Newquay’s main 5 retail areas and is the main vehicular and pedestrian access from the town centre to the world famous Fistral Beach. A very busy area during the summer months with the majority of the traffic entering the resort doing so via the Gannel Relief Road. It is located just above the harbour and close to the Sainsbury’s store.

THE PROPERTY
Comprises a 3 storey building with a ground floor retail area of 419 Sq Ft (38.90 Sq Mts) and a storage area of 21.9 Sq Mts (236 Sq Ft) with 3 letting units on the first and second floors.

THE SHOP LEASE
A Lease has just finished with the tenant agreeing a new 2 year lease at an annual rental of £13,000

THE FLATS
Are all let on assured shorthold tenancy agreements which would have a gross income of £10,800 per annum if fully occupied. Tenants pay for all rates and utility bills.

THE SHOP 8.53m x 4.27m (27’10” x 14’0”)
Double fronted shop unit with 6.98m (23’0”) frontage and display windows. Central door. Shop depth of 8.53m (27’10”)
Sales area of 38.90Sq Mts (418.73 Sq Ft) Access to

STORAGE 1 4.54m x 2.07m (14’9” x 6’8”) irregular in shape

STORAGE 2 4.30m x 1.41m (14’1” x 4’6”) irregular in shape

SEPARATE WC

SEPARATE ACCESS TO THE SIDE OF THE SHOP TO THE LETTING UNITS
UPVC sealed unit double glazed door to entrance corridor which is a shared access with the fudge shop next door to the rear. Door to rear. Door to

ENTRANCE LOBBY

STAIRS ASCENDING TO THE FIRST FLOOR AND THE THREE APARTMENTS.

LANDING

APARTMENT ONE

LOUNGE/BEDROOM 3.49m x 3.19m (11’5” x 10’6”)
UPVC sealed unit double glazed window to rear. Laminate flooring. Electric wall heater. Power points.

KITCHEN 2.83m x 1.59m (9’4” x 5’3) irregular in shape
L shaped range of laminated work surfaces with double cupboards under. Inset stainless steel sink unit and drainer with tiled splash back over. UPVC sealed unit double glazed window to the side. Laminated flooring. Power points.

SEPARATE SHOWER AND WC
Large tiled shower cubicle with independent electric shower unit and glass door. Length of granite effect surface with cupboards below. Inset wash hand basin with tiled splash back over. UPVC sealed unit double glazed window to the rear. Low level WC suite. Extractor.

APARTMENT TWO

BEDROOM / LOUNGE 4.20m x 3.07m (13’10” x 10’1”)
UPVC sealed unit double glazed window to the front. Laminate flooring. Electric wall heater. Door to en-suite. Door to

KITCHEN
L shaped roll edge laminate work surface with cupboards under and tiled splash back over. UPVC sealed unit double glazed window to the front. Laminate flooring.

SEPARATE SHOWER AND WC
Tiled shower cubicle with independent electric shower unit and door. Low level WC suite. Wash hand basin set in to roll edge laminate work surface with tiled splash back. Fluorescent strip light and shaver point over. Laminate flooring. Extractor.

STAIRS ASCENDING TO SECOND FLOOR

APARTMENT THREE

LOUNGE/BEDROOM 5.11m x 2.76m (16’9” x 9’1”)
UPVC sealed unit double glazed window to the front. Laminate flooring. Electric wall heater. Power points.

KITCHEN 1.48m x 3.12m 4’10” x 10’3”)
Roll edge laminate work surface with drawers and cupboards under. Inset stainless steel sink unit and drainer. UPVC sealed unit double glazed window to the rear. Laminate flooring. Power points.

SEPARATE SHOWER AND WC
Tiled shower cubicle with independent electric shower unit and door. Wash hand basin set into laminate roll edge work surface with cupboards under. Tiled splash back. Mirror. Fluorescent strip light and shaver point over. Laminate flooring. Extractor.

SERVICES
Mains water, mains electric and drainage are connected to the property.

COUNCIL
Cornwall Council, Penwinnick Road, St Austell (0300 1234100)
Business Rating £10,500 Rates payable 2015/2016 £4,945

VIEWING
By appointment only through the Vendor’s agent
DAVID BALL COMMERCIAL (01637 850850)

OPENING HOURS
Monday to Friday 9.00 am to 5.30 pm
Saturday 9.00 am to 12.00 pm
Tenure: Freehold

Listed by: David Ball Commercial
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