Scroll To Top

Freehold Investment Property Located In Newquay Town Centre

Newquay, Cornwall
Freehold Price:
Advert ID
2462 / Rightbiz

Freehold Investment Property Located In Newquay Town Centre                                        2 Commercial Lets & 1 Residential Let                                                                             Rental Income £58,500 pa (6.5%)                                                                                                                Ref 2462

This large Freehold Investment Property is located on the corner of a busy parade of shops on one of the main thoroughfare roads in Newquay town centre. Newquay is one of the nation's favourite seaside towns, 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.

Freehold Asking Price: £899,950  

Business Description 
Veritas Business Sales are delighted to offer for sale this delightful Freehold Investment Property which is located in the Cornish seaside town of Newquay. The building was purchased as an investment by our clients over twenty years ago and is reluctantly being offered for sale so that they can enjoy a well deserved retirement .                                                                                                                                                                                              Since ownership they have made continual investment in the upkeep of the building and produces a combined rental income of £58,500 pa. The ground floor is leased to an amusement arcade, the first floor is leased to a snooker/social club and the second floor is a residential let.                                                                                                                         We believe that this superb opportunity to purchase an established Investment Property within a prime location which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Ground Floor
Amusement arcade
Rental income £27,500 (10 year lease)
EPC Rating B

First Floor
Snooker/social club
Rental income £17,000 (10 year lease)
Ground floor
Cellar with all the normal requirements. 
EPC Rating C

Second Floor
Penthouse Apartment
3 double bedrooms
Lounge/Dining Room
Large patio area with views
Rental income £14,000 rolling 6 month tenancy agreement
EPC Rating E

Listing Details
Freehold Price: £899,950
Tenure: Freehold
Location: Newquay, Cornwall
Sector: Commercial Properties, Investment Properties, Development Sites
Annual Turnover: £58,500
Annual Net Profit: Available upon request
Key Features
  • Potential for Alternative Use
  • Town Centre location
  • Close to Local Amenities
  • Prime Location
  • Retirement Sale
  • Adjacent to Multiple Retailers
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 2462 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
The data showed regarding this advert 'Freehold Investment Property Located In Newquay Town Centre - 2462 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller