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Freehold Investment Property Located In Newquay

0121 721 6440

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Property description & features

Freehold Investment Property
Rental Income £28,000 PA
Town Centre Location

Freehold Investment Property Located In Newquay
Rental Income £28,000 PA
Ref 2968

Freehold Asking Price £449,950

Location
This Investment Property is located within a busy parade of shops on the main thoroughfare road 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

Business Description
Veritas Business Sales are delighted to offer for sale this extremely well positioned Freehold Investment Property which is located in the Cornish seaside town of Newquay. The property has been in the careful hands of our client since 2001 and is now being offered for sale so that they can concentrate on other business interests.
Since ownership they have continually refurbished the property 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 (kebab takeaway business) occupying the building. The property is fully let with an annual income of £28,000 pa. This is a rare opportunity to purchase a well appointed Investment Property and as such early viewing is highly recommended.

Ground Floor Commercial Lease
Original term: 20 years
Remaining : 10 years
Rent: £28,000 pa
Reviewed: 4 years

Ground Floor
Takeaway Serving Area (10.4m x 5.0m)
Pot wash / Prep Kitchen (5.0m x 2.8m

Basement
Kitchen/prep Room (7.0m x 3.5m)
Takeaway serving area (rear entrance) (7.00m x 3.0m)

First Floor
Office
Bedroom 1
Bedroom 2

Second Floor
Bedsit with kitchen, bedroom and bathroom

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Places of interest

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 2968. 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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