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£350,000

Cliff Road, Cliff Road, Newquay, Newquay, TR7

  • 0 beds
Maisonette

£350,000

  • 0 beds
Maisonette
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Estimate monthly mortgage payment:

£1,598 per month

Minimum deposit amount:

£17,500
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Freehold food retail and residential investment located in a busy trading position opposite one of Newquay s main night clubs.

Agents Note

Supplied services and appliances have not been tested by the agent. Prospective purchasers are advised to make their own enquiries.

The Situation

Cliff Road is one of the four main retail trading areas in Newquay located in a row of well established fast food retail outlets.

The Property

Trading as the Green Chilli on the ground floor with accommodation to the rear and a three bedroom maisonette to the first and second floors. Total rental income of ?30,000 per annum.

The Shop Lease

A full repairing and insuring lease with a current rent of ?21,000 per annum.The maisonette is let on an assured shorthold tenancy agreement with a current annual rent of ?9,000 per annum.

Green Chilli

Front forecourt and concrete flag stonesCustomer AreaSeating and counter. Access to office area.Cooking AreaExtractions systemsPreparation areaStore roomSecond store roomToilet and shower areaBusiness owners accommodationBedroom 1/Lounge Ceiling mounted light fitting. Radiator. Power points. Stairs rising to first floorBedroom 2 3.06 x 3.42Two wall mounted radiators. Double glazed window to the side. Small double glazed window to side. Ceiling mounted light fitting.Bedroom Three 5.52 x 3.29Two double glazed windows to the side. Three wall mounted radiators. Ceiling light fitting. Loft hatch to ceiling.

Maisonette

Lounge/Kitchen/Dining room 5.97m x 4.42Double glazed bay windows to the front. Range of base and wall units. Stainless steel sink and drainer. Wall mounted central heating radiator. Separate WCWash hand basin, WC. Central heating boiler and washing machineRoom One 3.50m x 3.94mDouble glazed window to the rear. Ceiling light fitting. Wall mounted central heating radiator.Stairs rising to second floorBedroom Two 2.50m x 3.53mSea views, large single. Wall mounted radiator. Ceiling mounted light fitting.Bedroom Three 2.18m x 2.10m irregular in shapeSea views, doubleBedroom Three 3.19m x 4.44m Double glazed bay window to the front. Wall mounted radiator. Ceiling light fitting.Built in storage. Power points.Bedroom Four 2.18m x 2.10m into recess (irregular in shape)Double glazed window to the rear. wall mounted radiator. Ceiling light fitting. Storage cupboard on landing.BathroomCorner Bath, WC and wash hand basin. Tiling to walls. Double glazed velux window.

Agent Note

The accommodation could easily be converted into two separate flats.

Services

The following services can be found at the property, mains electric, mains gas, mains water and drainage, however, we cannot verify their connection.

Council

Restormel Borough Council, 39 Penwinnick Road, St Austell, Cornwall (0300 1234100)

Viewings

By appointment only through the Vendors AgentDAVID BALL COMMERCIAL (01637 850850

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