Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

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Commercial Investment Cafe And Flat, Trevaunance Cove, St Agnes

Investments Commercial for sale

£649,000 Fixed price

Freehold
UNDER OFFER

A beach fronting COMMERCIAL INVESTMENT comprising income from a Cafe (£18k pa) and a First Floor FLAT, with full residential consent, currently used for holiday letting. Well presented, a rare opportunity in a prime location. Genuine sale.

  • PRIME BEACH FRONTING INVESTMENT (CAFE & FLAT)
  • OVERLOOKING POPULAR BEACH, NEAR ST AGNES
  • CAFE (LEASED UNTIL DEC. 2023), RENTAL £18K PA
  • ONE BEDROOM FLAT WITH RESIDENTIAL CONSENT / LETTING
  • A VERY RARE OPPORTUNITY, GENUINE SALE
  • EPC: D99

Property Brochure PDF Location Map

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Summary

PRIME BEACH FRONTING INVESTMENT (CAFE & FLAT)
OVERLOOKING POPULAR BEACH, NEAR ST AGNES
CAFE (LEASED UNTIL DEC. 2023), RENTAL £18K PA
ONE BEDROOM FLAT WITH RESIDENTIAL CONSENT / LETTING
A VERY RARE OPPORTUNITY, GENUINE SALE
EPC: D99

Location

Breakers Beach Cafe and Flat enjoys a prime position overlooking the beach at Trevaunance Cove in St Agnes. The Parish of St Agnes has seen some of the most significant price rises in recent years within the UK and is ranked as one of the best places to live in the South West. Trevauance Cove benefits from two long stay car parks and the beach is extremely popular with holiday makers during the summer months. Out of season it is very busy with surfers, dog walkers and hikers.

The Property

The three storey property has undergone extensive refurbishment during our client’s tenure and is presented to a high standard.. To the ground floor is a seasonal Cafe which is let by way of a commercial lease which commenced the 1st March 2019, (ending 24th December 2023). The lease is outside the Landlord and Tenant Act 1954 (Section 24 to 28), and, as such, the tenant does not have an automatic right to renew the lease at the end of the term.

We understand the Cafe is popular and is well presented. The majority of the fixtures and fittings (to be confirmed) are client owned.

The lower ground floor, which is accessed independently from the slip way, is used by the Cafe tenants for storage and the sale of ice cream and hot beverages.

To the first floor is a beautifully presented one bedroomed apartment with spectacular sea views from the open plan living area. The apartment was occupied by our client until earlier this year but is now let via AirBnB for between £200 per night in peak season and £80 to £90 per night low season.

The Accommodation Comprises

(all areas and dimensions are approximate).

FLOOR PLAN OF FLAT AVAILABLE

Cafe

10.892m x 3.837m. Large picture window to front elevation overlooking the beach with built-in bar seating for 4 customers, hand-built feature wooden bar/servery with kitchen area behind. Booth seating for 8 to 10 customers. Storage cupboard.

Lower Ground Floor

4.217m x 3.600m. Accessed via a door from the slipway.

First Floor Flat

Accessed via an external spiral staircase.

Hallway

Doors to:-

Open Plan Lounge, Kitchen/diner

6.918m (max) x 3.694m. Large picture window offering panoramic sea views, kitchen area. A quite spectacular area to take in some of the best views in the County.

Wet Room/shower

Wc

Bedroom

4.007m x 2.243m (max). Window to side elevation.

Tenure – Freehold

Subject to the existing Lease Terms or the Cafe. Copy available.

General Information

LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

The Energy Performance Rating for this property is D99.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

We understand the majority of the kitchen equipment is owned by the client (to be confirmed).

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock

Not applicable.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information

For further information or an appointment to view please contact:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF