Chartered Surveyors and Business Property Specialists
Investment for sale / Freehold

£2,250,000

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Available
1/17
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Investment For Sale Morfa Hall, Cliff Road, Newquay, Cornwall

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Overview

  • LOCATED WITHIN CORNWALL’S PREMIER TOURIST RESORT
  • SUBSTANTIAL FREEHOLD PROPERTY COMPRISING 10 RETAIL UNITS AND 13 RESIDENTIAL APARTMENTS
  • DEDICATED ON-SITE PARKING FOR c25 VEHICLES
  • 4 LOCK UP GARAGES
  • SITE AREA 0.24 HECTARES (0.6 ACRES)
  • CURRENT INCOME £178,970 PER ANNUM

The property affords a prominent corner site on Cliff Road / Oakleigh Terrace and provides 13 residential apartments comprising 1,2 and 3-bed properties, with 10 fully let commercial retail units.

Accessible off Cliff Road is car parking for approximately 10 vehicles, with further dedicated car parking to the rear of the site and four lock-up garages.

The retail properties all benefit from external glazed frontage and are attractively presented throughout. A number of the apartments have been comprehensively refurbished in recent years and are all currently let on Assured Shorthold Tenancy Agreements.

Newquay is Cornwall’s premier tourist resort, on the north Cornish coast approximately 8 miles north of the A30. Newquay plays a pivotal role in the Cornish economy and is famous for its world-renowned beaches and surfing culture.
Newquay benefits from Cornwall Airport Newquay and Space Port Cornwall, located on the eastern fringes of the town with a number of national and European flights with international connections.

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Thomas Smith Partner View Profile

Call: 01872 247013
Email: ts@miller-commercial.co.uk

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