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A392
2.82 Acres of Commercial Land in Newquay TR7 2JQ
Investment Highlights
- Adjacent to Morrisons
- Benefits from planning consent
- Just off the A392
Executive Summary
Property Facts Under Contract
Sale Type | Investment or Owner User | Property Type | Land |
Sale Conditions | Redevelopment Project | Property Subtype | Commercial |
Tenure | Long Leasehold | Total Lot Size | 2.82 AC |
No. Lots | 1 |
Sale Type | Investment or Owner User |
Sale Conditions | Redevelopment Project |
Tenure | Long Leasehold |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 2.82 AC |
1 Lot Available
Lot
Lot Size | 2.82 AC |
Lot Size | 2.82 AC |
998 year lease expiring on 20 September 3013 at a peppercorn rent. The lease places restrictions on the sale of food within use class A1 unless where such use is 20% of gross area or less.
Description
The property has the benefit of planning consent for erection of non-food retail units with associated access, landscaping and car parking approved under application PA 13/01895 (outline consent subject to a S 106 agreement) and PA 17/08356 (reserved matters). The reserved matters have time expired however the vendors have advised that they have made a start on site and have relevant documentary evidence. The property may offer opportunities for a variety of alternative residential or commercial developments.
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A392
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