Retail/Shop for sale Wadebridge PL27 7AU,9249sq ft

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Retail/Shop

Retail/Shop For Sale Wadebridge

PROPERTY ID: 137962

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

9,249 sq.ft

Key Features

Attractive investment with development angle

Modern development in busy location close to waterside

Sought after North Cornwall town

Tenanted Shop, Restaurant & Coffee Shop

Permitted development for conversion of upper parts to 4 residential flats

Long leases to shops and office

Income apprx £104,950 per annum with potential for further income from development or lettings

Property Details

Wadebridge is a very popular North Cornwall town located just off the A39 Atlantic Highway in this sought after part of the county. It is easily accessible with Bodmin and the main A30 some 7 miles away and Padstow 8 miles distant. It is well situated for the very popular cycle way, The Camel Trail, which links Padstow and Bodmin and runs in front of the premises.

Quayside House (outlined Blue On Front Page) Comprises Ground Floor Retail Premises That Are Owned On A Long Leasehold Basis. This Unit Is Currently Let Although The Lease Expires In June 2025 And The Unit Is Currently On The Market To Let. Eddystone House (outlined Red On Front Page) Comprises Ground Floor Restaurant, Separate Detached Coffee Shop, Upper Parts With Permitted Development Confirmed For Conversion To 4 Residential Flats. In Addition To The Main Buildings And Also Included Are A Series Of Shops And An Office Which Are Let On Long Leases At Peppercorn Rentals. There Is Car Parking To The Rear Of The Premises. Location Wadebridge Is A Very Popular North Cornwall Town Located Just Off The A39 Atlantic Highway In This Sought After Part Of The County. It Is Easily Accessible With Bodmin And The Main A30 Some 7 Miles Away And Padstow 8 Miles Distant. It Is Well Situated For The Very Popular Cycle Way, The Camel Trail, Which Links Padstow And Bodmin And Runs In Front Of The Premises. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Net Internal Basis. Quayside House Ground Floor 348.20 Sq M (3,748 Sq Ft) Eddystone House Gf Restaurant & Ancillary 212.28 Sq M (2,285 Sq Ft) First Floor Offices (consent To Convert To Residential) 136.94 Sq M (1,474 Sq Ft) Second Floor (consent To Convert To Residential) 120.03 Sq M (1,292 Sq Ft) Detached Coffee Shop (the Rotunda) 41.80 Sq M (450 Sq Ft) 4 Units Sold On Long Leases N/a N/a Planning There Is Approval Under Permitted Development For The Conversion Of The Upper Parts In Eddystone House To Residential. Rent / Price Guide Price For The Whole £1.495m. Seller's May Consider Splitting (long Leasehold) Quayside House And (freehold) Eddystone House Subject To Negotiation. Service Charge A Service Charge Is Levied For The Upkeep And Maintenance Of The External Areas And Structure Of The Buildings. Please Enquire For Further Information. Business Rates Quayside House Shop:- £61,000 Eddystone House Restaurant:- £31,500 The Rotunda:- £11,000 Services We Understand That Mains Electricity, Water And Drainage Are Connected To The Property However These Services Have Not Been Tested By The Agents. Interested Parties Should Make Their Own Enquiries. Epc Gf Quayside House C (61) Gf Restaurant Tbc Upper Floors Tbc Coffee Shop Tbc Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat All Figures Quoted Are Exclusive Of Vat If Applicable.

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About the Agent

Vickery Holman

See Agent's Other Properties

Retail Unit

£1,495,000 Freehold

Eddystone Road, Wadebridge, PL27 7AU

Retail/Shop - Available
9,249 sq ft
859 sqm

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