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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

Offers are invited on a conditional (subject to planning) or unconditional basis. We are advised that VAT is payable on the purchase price.

Attachments

Brochure

Property Facts Under Contract

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

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.

  • Listing ID: 20357921

  • Date on Market: 7/22/2020

  • Last Updated:

  • Address: A392, Newquay TR7 2JQ

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