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Morfa Hall Cliff Rd

7,682 SF 100% Leased Retail Building Newquay TR7 1SG $2,822,378 ($367/SF)

Investment Highlights

  • Substantial Freehold Property Comprising 10 Retail Units and 13 Residential Apartments
  • 4 Lock Up Garages
  • Dedicated On-Site Parking for 25 Vehicles
  • Current Income of £178,970 per annum

Executive Summary

The freehold of hits multi let retail and residential investment opportunity is available for the quoting price of £2.25 million. The property currently produces and income of £178,890 per annum.

Attachments

Morfa Hall

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
7,682 SF
Building Class
B
Year Built
1963
Price
$2,822,378
Price Per SF
$367
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.62 AC
Parking
25 Spaces (3.25 Spaces per 1,000 SF Leased)

Amenities

  • Storage Space

Nearby Major Retailers

ASDA
Morrisons
Costa Coffee
Frankie & Benny's
Sainsbury's
Slug & Lettuce Company
Harry Ramsdens
Barclays
Lounges
Caffe Nero
  • Listing ID: 32539573

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: Cliff Rd, Newquay TR7 1SG

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