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Land for sale
Freehold Investment Property Located In Newquay
£449,950
Freehold Investment Property Located In Newquay
£449,950
Price History
Initial price | £549,950 |
08/03/24 | £449,950 |
Price Change | -18.18% |
Description
Located in the heart of Newquay, a popular seaside town in Cornwall, this freehold investment property offers a rare opportunity to purchase a well-appointed property with a commercial let generating £28,000 per year. The property has been refurbished both internally and externally since 2001, and the current owner is now looking to sell to focus on other business interests. The property is fully let and has a ground floor commercial lease with 10 years remaining, providing a steady income stream. The property features a takeaway serving area, pot wash/prep kitchen, office, two bedrooms, and a bedsit with kitchen, bedroom, and bathroom. With its prime location and strong rental income, this investment property is a valuable opportunity for any investor or entrepreneur looking to capitalize on the thriving tourist industry in Newquay.