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52-54 Fore St

4,764 SF Retail Unit Offered at £220,000 in Newquay TR7 1LW

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Property Facts Sale Pending

Price	£220,000	Sale Type	Investment
Unit Size	4,764 SF	Building Class	B
No. Units	1	Number of Floors	2
Total Building Size	4,764 SF	Typical Floor Size	2,382 SF
Property Type	Retail (Unit)	Year Built	1951
Property Subtype	Storefront	Tenancy	Single

Price	£220,000
Unit Size	4,764 SF
No. Units	1
Total Building Size	4,764 SF
Property Type	Retail (Unit)
Property Subtype	Storefront
Sale Type	Investment
Building Class	B
Number of 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	£220,000	Tenure	Freehold
Price Per SF	£46.18	Net Initial Yield	7.30%
Unit Use	Retail	NOI	£16,060

Unit Size	4,764 SF
Price	£220,000
Price Per SF	£46.18
Unit Use	Retail
Sale Type	Investment
Tenure	Freehold
Net Initial Yield	7.30%
NOI	£16,060

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.