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52-54 Fore St

4,764 SF Retail Condo Unit Offered at $267,916 in Newquay TR7 1LW

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Property Facts

Price	$267,916	Sale Type	Investment
Unit Size	4,764 SF	Building Class	B
No. Units	1	Floors	2
Total Building Size	4,764 SF	Typical Floor Size	2,382 SF
Property Type	Retail (Condo)	Year Built	1951
Property Subtype	Storefront	Tenancy	Single

Price	$267,916
Unit Size	4,764 SF
No. Units	1
Total Building Size	4,764 SF
Property Type	Retail (Condo)
Property Subtype	Storefront
Sale Type	Investment
Building Class	B
Floors	2
Typical Floor Size	2,382 SF
Year Built	1951
Tenancy	Single

1 Unit Available

Unit 52

Unit Size	4,764 SF	Sale Type	Investment
Price	$267,916	Tenure	Freehold
Price Per SF	$56.24	Cap Rate	7.30%
Condo Use	Retail	NOI	$19,557.87

Unit Size	4,764 SF
Price	$267,916
Price Per SF	$56.24
Condo Use	Retail
Sale Type	Investment
Tenure	Freehold
Cap Rate	7.30%
NOI	$19,557.87

Description

A large mid terrace retail unit over two floors. The original property has been merged and extended over the years.

Sale Notes

Substantial Property offering potential for future repurposing,
subject to necessary consents. Retail investment let as a whole to F.T.B. Lawson Limited on a 5 year lease from 11 April 2021 at a rent of £16,500 pa.