1/4
Investment
Investment For Sale Newquay
PROPERTY ID: 116679
PROPERTY TYPE
Investment
STATUS
Available
SIZE
0 sq.ft
Key Features
PRIME TOWN CENTRE INVESTMENT
LET ON A TERM TO EXPIRE 7TH DECEMBER 2030 (6.5 YEARS REMAINING)
OUTSTANDING COVENANT OF LOUNGERS LTD
INCOME OF £60,000 PA
REPRESENTS ATTRACTIVE 7.11% NIY ALLOWING FOR PURCHASERS COSTS OF 5.49% (INCL STAMP DUTY AND FEES). GROSS YIELD OF 7.5%
EPC RATING - E (103)
Property Details
Opportunity To Purchase The Investment Of Loungers In A Prime Location In The Centre Of Newquay. Let For A Term To Expire On 7th December 2030, This Investment Provides An Income Of £60,000 Per Annum. The Tenant Occupies The Ground And First Floors, With The Benefit Of A Large Beer Garden And External Bar To The Rear. The Upper Floor Flats Will Be Retained On A Long Leasehold At The Same Time As The Freehold Sale.
About the Agent
Miller Commercial
See Agent's Other PropertiesInvestment Unit
£800,000 Freehold
Concho Lounge Investment, Newquay, TR7 1AY
Investment -
Available
0 sq ft
0 sqm
Show phone number