Land for sale

Freehold Investment Opportunity Located In Hayle

0121 721 6440

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Property description & features

Freehold Investment Property
Fully Let
Income £26,000 (6.8%) Return

Freehold Investment Opportunity Located In Hayle
Fully Let Income Of £26,000 (6.8%) Return
Ground Floor Fish & Chip Takeaway
Three Bedroom Flat Above
2 Miles From St Ives
Ref 2729

Location
This Investment Property which is located in Hayle, Cornwall. Situated within a prominent and highly visible trading position on Hayle high street and only 2 miles from the thriving harbour town of St Ives. Both Hayle and St Ives enjoy high levels footfall and tourism especially in summer months and produce above average levels of sunshine. St Ives was voted the best holiday destination by Coast magazine and is listed in TripAdvisor's top 10 European beaches.

Freehold Asking Price: £379,950

Ground Floor Commercial
Leasehold
Original term: 15 years
Remaining : 7 years
Rent: £15,000 pa
Reviewed: 3 years

First Floor Flat
Leasehold
Original term: 15 years
Remaining : 7 years
Rent: £15,000 pa
Reviewed: 3 years

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Freehold Investment Property which is located in the holiday town of Hayle. The building has been a significant part of Hayle high street for many years with easy access to all the local amenities and has been in the careful hands of the current owner for the past 13 years. Reluctantly our client is offering the property for sale so that they can enjoy a well deserved retirement. Since ownership they have totally refurbished the property and made continual investment both internally and externally which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The property currently has a commercial let (Fish & Chip Takeaway) occupying the ground floor unit and a three bedroom flat on the first and second floors. The property is fully let with an annual income of £26,000 pa. This is a rare opportunity to purchase a well kept and fully let Investment Property which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Retail Property
Fish & Chip Takeaway area (3.7m x 5.2m)
Kitchen (5.3m x 5.2m) Storeroom 1 (2.0m x 5.3m) Storeroom 2 (1.6m x 2.1m) Prep room (3.5m x 2.9m)
First Floor Flat entrance hall (5.1m x 1.1m) kitchen fully fitted (3.7m x 3.2m) Bathroom (4.2m x 1.8m) Bedroom 1 (2.0m x 3.5m) Bedroom 2 (2.3m x 3.6m) Lounge (4.9m x 5.1m)

Second Floor
Bedroom 3

Commercial EPC Rating D
Domestic EPC Rating D

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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What is your home worth?

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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Property reference 2729. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

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