PRIME BEACH FRONTING INVESTMENT (CAFE & FLAT)
OVERLOOKING POPULAR BEACH, NEAR ST AGNES
CAFE (LEASED UNTIL DEC. 2023), RENTAL £18K PA
ONE BEDROOM FLAT WITH RESIDENTIAL CONSENT / LETTING
A VERY RARE OPPORTUNITY, GENUINE SALE
Breakers Beach Cafe and Flat enjoys a prime position overlooking the beach at Trevaunance Cove in St Agnes. The Parish of St Agnes has seen some of the most significant price rises in recent years within the UK and is ranked as one of the best places to live in the South West. Trevauance Cove benefits from two long stay car parks and the beach is extremely popular with holiday makers during the summer months. Out of season it is very busy with surfers, dog walkers and hikers.
The three storey property has undergone extensive refurbishment during our client’s tenure and is presented to a high standard.. To the ground floor is a seasonal Cafe which is let by way of a commercial lease which commenced the 1st March 2019, (ending 24th December 2023). The lease is outside the Landlord and Tenant Act 1954 (Section 24 to 28), and, as such, the tenant does not have an automatic right to renew the lease at the end of the term.
We understand the Cafe is popular and is well presented. The majority of the fixtures and fittings (to be confirmed) are client owned.
The lower ground floor, which is accessed independently from the slip way, is used by the Cafe tenants for storage and the sale of ice cream and hot beverages.
To the first floor is a beautifully presented one bedroomed apartment with spectacular sea views from the open plan living area. The apartment was occupied by our client until earlier this year but is now let via AirBnB for between £200 per night in peak season and £80 to £90 per night low season.
The Accommodation Comprises
(all areas and dimensions are approximate).
FLOOR PLAN OF FLAT AVAILABLE
10.892m x 3.837m. Large picture window to front elevation overlooking the beach with built-in bar seating for 4 customers, hand-built feature wooden bar/servery with kitchen area behind. Booth seating for 8 to 10 customers. Storage cupboard.
Lower Ground Floor
4.217m x 3.600m. Accessed via a door from the slipway.
First Floor Flat
Accessed via an external spiral staircase.
Open Plan Lounge, Kitchen/diner
6.918m (max) x 3.694m. Large picture window offering panoramic sea views, kitchen area. A quite spectacular area to take in some of the best views in the County.
4.007m x 2.243m (max). Window to side elevation.
Tenure – Freehold
Subject to the existing Lease Terms or the Cafe. Copy available.
General Enquiries 0300-1234-100
Energy Performance Certificate
The Energy Performance Rating for this property is D99.
An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.
We understand the majority of the kitchen equipment is owned by the client (to be confirmed).
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.
For further information or an appointment to view please contact:-
Graham Timmins on 01872 247019 or via email firstname.lastname@example.org or
Paul Collins on 01872 247029 or via email email@example.com
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.