Newquay Freehold Investment Property with Kebab Takeaway Business for Sale
Newquay, Cornwall
- Status
FOR SALE
- Date Submitted:
28/02/24
- Advert ID
607499
- Reference
2968 / Rightbiz
- Call Agent:
- Freehold: £449,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Freehold Investment Property Located In Newquay
Freehold Investment Property Located In NewquayRental 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
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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