Offers in Excess of £350,000

Commercial Development for Sale

Name: David Ball Agencies
Address: 34 East Street, Newquay, Cornwall, TR7 1BH, GB
Telephone: 01637 850850
Rating: 4.84

Cliff Road, Cliff Road, Newquay, Newquay

Offers in Excess of £350,000

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Key Features

Freehold Investment
Busy Trading Location
Rental Income ?30,000 per annum

Retail and Residential
Forecourt Area

Full Description

Freehold food retail and residential investment located in a busy trading position opposite one of Newquay`s main night clubs.

Agents Note - Supplied services and appliances have not been tested by the agent. Prospective purchasers are advised to make their own enquiries.

The Situation - Cliff Road is one of the four main retail trading areas in Newquay located in a row of well established fast food retail outlets.

The Property - Trading as the Green Chilli on the ground floor with accommodation to the rear and a three bedroom maisonette to the first and second floors. Total rental income of ?30,000 per annum.

The Shop Lease - A full repairing and insuring lease with a current rent of ?21,000 per annum.

The maisonette is let on an assured shorthold tenancy agreement with a current annual rent of ?9,000 per annum.

Green Chilli - Front forecourt and concrete flag stones

Customer Area
Seating and counter. Access to office area.

Cooking Area
Extractions systems
Preparation area
Store room
Second store room
Toilet and shower area

Business owners accommodation

Bedroom 1/Lounge
Ceiling mounted light fitting. Radiator. Power points. Stairs rising to first floor

Bedroom 2 3.06 x 3.42
Two wall mounted radiators. Double glazed window to the side. Small double glazed window to side. Ceiling mounted light fitting.

Bedroom Three 5.52 x 3.29
Two double glazed windows to the side. Three wall mounted radiators. Ceiling light fitting. Loft hatch to ceiling.

Maisonette - Lounge/Kitchen/Dining room 5.97m x 4.42
Double glazed bay windows to the front. Range of base and wall units. Stainless steel sink and drainer. Wall mounted central heating radiator.

Separate WC
Wash hand basin, WC. Central heating boiler and washing machine

Room One 3.50m x 3.94m
Double glazed window to the rear. Ceiling light fitting. Wall mounted central heating radiator.

Stairs rising to second floor

Bedroom Two 2.50m x 3.53m
Sea views, large single. Wall mounted radiator. Ceiling mounted light fitting.

Bedroom Three 2.18m x 2.10m irregular in shape
Sea views, double

Bedroom Three 3.19m x 4.44m
Double glazed bay window to the front. Wall mounted radiator. Ceiling light fitting.Built in storage. Power points.

Bedroom Four 2.18m x 2.10m into recess (irregular in shape)
Double glazed window to the rear. wall mounted radiator. Ceiling light fitting.

Storage cupboard on landing.

Bathroom
Corner Bath, WC and wash hand basin. Tiling to walls. Double glazed velux window.

Agent Note - The accommodation could easily be converted into two separate flats.

Services - The following services can be found at the property, mains electric, mains gas, mains water and drainage, however, we cannot verify their connection.

Council - Restormel Borough Council, 39 Penwinnick Road, St Austell, Cornwall (0300 1234100)

Viewings - By appointment only through the Vendors Agent
DAVID BALL COMMERCIAL (01637 850850