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16 Bank St
Newquay TR7 1AY

Concho Lounge · Retail Property For Sale

Retail Space Cornwall Newquay 16 Bank St, Newquay, CON TR7 1AY

Investment Highlights

  • Prime Town Centre Investment
  • Income of £60,000 per annum
  • Let on a Term To Expire 7th December 2030
  • Outstanding Covenant of Loungers Ltd

Executive Summary

The freehold of this investment opportunity is available for the asking price of £800,000, providing a yield of 7.11%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,600 SF
Building Class
B
Year Built
1900
Price
$1,003,928
Price Per SF
$279
Cap Rate
7.11%
NOI
$71,379
Tenancy
Single
Building Height
3 Stories
Building FAR
0.28
Lot Size
0.30 AC
 

  • Listing ID: 29084374

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 16 Bank St, Newquay TR7 1AY

The Retail Property at 16 Bank St, Newquay, TR7 1AY is currently available for sale. Contact Miller Commercial LLP for more information.

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