1 bed flat for sale

East Street, Newquay TR7

First floor one bedroom apartment in this fabulous converted police station building with sea views and parking in the heart of newquay

This apartment forms part of the historic old Newquay Police Station buildings in central Newquay, originally constructed in 1896. The rear buildings were fully converted and substantially refurbished to a high standard by a local construction team in 2020/2021, with full building regulation approval, to create 5 bespoke and individual dwellings to the rear to the front building, which is now used commercially. The apartments have a private car park to the rear of the building with designated brick paved parking and housing 5 individual surf/bike stores, one for each apartment. Since the conversion, the units have mostly been used for holiday let accommodation demonstrating a strong annual income, but the current owners have now decided to sell the units individually on new leases, along with the front commercial investment building (available separately, freehold).

The apartments are presented in excellent condition and are most suitable for town living, or for continued holiday let use, in this superb town centre location a short walk from the town beaches, shops and local amenities. Viewing is available between bookings and completion is proposed for the end of the 2024 Season.

Apartment 5 is reached down the left-hand side of the main property (from the front, East St) and accessed via a lockable pedestrian security gate providing access to apartments 4 and 5 and offering some outside seating space.

Tenure

Leasehold. Brand new 999 Year lease. No restrictions on letting or keeping pets. Peppercorn ground rent. £650 per annum maintenance/management charges to include buildings insurance and communal upkeep/expenses. The freehold of the 5 units will be passed to the residents at no cost upon the sale of the 5th unit.

Services

All mains.

Council Tax

Currently collectively charged as business rates due to the current holiday letting use.

Viewing

Viewing is available between holiday lets, upon changeover or in vacant periods only. Please call for availability.

Completion

Completion is proposed for the end of the 2024 Summer Season.

Broadband And Mobile Availability

Broadband: Fastest download speed: Up to 1000Mbs
Mobile coverage: Likely