Property photos
£800,000
Property for sale
Concho Lounge Investment, 16 Bank Street, Newquay TR7Local area information
Property location
Nearby amenities
- Trenance Learning Academy 0.3 miles
- Newquay 0.4 miles
- Newquay Junior Academy 0.6 miles
- Quintrell Downs 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Newquay to find out more about the local area.
Features and description
- Prime town centre investment
- Let on A term to expire 7th December 2030 (6.5 years remaini
- Outstanding covenant of loungers ltd
- Income of £60,000 pa
- Represents attractive 7.11% niy allowing for purchasers cost
- EPC rating - E (103)
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.
Floor plans and tours
Floor plans (1)
More information
Listed by
Miller Commercial
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