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£800,000

Property for sale

Property photos

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£800,000

Property for sale

Concho Lounge Investment, 16 Bank Street, Newquay TR7

Local 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)

Floor plan 1

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Listed by

Miller Commercial

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