Prime retail investment property located in Newquay yielding 9.1%. The property is let on a full repairing and insuring lease to The Works Stores Ltd for a term from 3 March 2017 until 2 March 2027, and the remainder to flats sold in 2017 and 2018. Full service charge recovery in place.
Peter Heather
Consultant
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Available
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45 Bank Street, Newquay, Cornwall
Investments Commercial for sale
£400,000
FreeholdPrime retail investment property located in Newquay yielding 9.1%. The property is let on a full repairing and insuring lease to The Works Stores Ltd for a term from 3 March 2017 until 2 March 2027, and the remainder to flats sold in 2017 and 2018. Full service charge recovery in place.
- RETAIL INVESTMENT FOR SALE – YIELD 9.1% AVERAGE
- SUITABLE FOR SIPP PURCHASE
- RETAIL SPACE 176.5 SQ M PLUS ANCILLARY
- RETAIL INCOME £ 40,000* PA
- FLATS SOLD PRIOR IN 2017/18
- EPC RATING D (76)
Interested in this Property?
Peter Heather
Consultant
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