Chartered Surveyors and Business Property Specialists
Investments Commercial for sale / Long leasehold

£105,000 Guide Price

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Retail Investment, 7a Chester Road, Newquay, Cornwall

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Overview

  • LOCK UP RETAIL PREMISES
  • COMMERCIAL INVESTMENT OF 8% NIY
  • BUSINESS NOT AFFECTED
  • PRODUCING RENT OF £8,400 PA
  • EPC APPLIED FOR 14/03/23
  • LET UNTIL JULY 2027 TO BRIDAL SHOP

The premises comprise a ground floor lock-up retail unit within a larger block which includes residential accommodation above. The premises are held on a 999 year leasehold from 25/12/1990 at a peppercorn rent and are currently let out on a 6 year term to a bridal store, producing £8,400 per annum. Full lease terms are available on request.

Retail Area 38.5 sq.m 415 sq.ft
Kitchen 2.7 sq.m 29 sq.ft
Cupboard 1.2 sq.m 29 sq.ft
WC

The premises are situated within the neighbourhood shopping area of Chester Road which is located 1 mile
to the East of Newquay Town Centre. Chester Road connects with Henver Road one of the principal
access roads into the town. It is extremely popular because it is very accessible and offers and excellent
range of shops and free parking.

Interested in this Property?
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Jonny Bright Senior Surveyor View Profile

Call: 01872 247022
Email: jb@miller-commercial.co.uk

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