2 North Way - Retail FOR SALE


Newquay, CON TR8 4LA
$1,250,000 USD
2 North Way, Newquay, CON for Sale
$1,250,000 USD
Retail - FOR SALE
1/7
null | 7.4% Cap Rate

2 North Way
Newquay, CON TR8 4LA


HIGHLIGHTS

  • Freehold public house
  • Two storey detached building
  • Painted rendered elevations beneath a pitched and hipped roof

OVERVIEW

Available for £1,250,000, NIY 7.4% The entire property is let to a private individual on a 20 year lease from 14th September 2018 at a current rent of £97,965 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases (except in an open market review year). A rent deposit of £23,621 is held by the landlord.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$636 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quintrell Inn

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,483 SF

ZONING

-

APN/PARCEL ID

CL161302

ASK ABOUT THIS PROPERTY

Adam BullasSavillsMore Info

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Adam BullasSavillsMore Info

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