Morfa Hall Cliff Rd 7,682 SF 100% Leased Retail Building Newquay TR7 1SG $3,044,902 ($396.37/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 Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
7,682 SF
Building Class
B
Year Built
1963
Price
$3,044,902
Price Per SF
$396.37
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
Caffe Nero
Sainsbury's
Barclays
Lounges
Slug & Lettuce Company
Harry Ramsdens
  • Listing ID: 32539573

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: Cliff Rd, Newquay TR7 1SG