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Fore Street, St. Columb, TR9 6RH

125,000

Fore Street, St. Columb, TR9 6RH

£125,000
Freehold investment opportunity comprising a self service coin operated long established launderette with a one bedroom residential apartment over.
LAUNDERETTE

Rear Boiler Room (3.86m x 2.64m (12'8 x 8'8))
Meters. Service machines. Hot water cylinder, services etc.

Main Fronting Launderette (4.90m x 3.86m (16'1 x 12'8))
Terrazzo tiled floor. Front aspect uPVC double glazed window onto the main Fore Street with uPVC double glazed access door. Customer seating. 5 washing machines, 4 tumble dryers, all coin operated.

FIRST FLOOR FLAT
Pedestrian right of access across the rear car park with a metal external staircase leading to a uPVC double glazed front door to the:

Hall
Airing cupboard with hot water cylinder.

Lounge (4.88m x 2.90m (16' x 9'6))
Electric heater. Front aspect uPVC double glazed window.

Kitchen/Diner (3.63m x 1.88m (11'11 x 6'2))
Fitted wooden kitchen. Recess with plumbing for automatic washing machine. End recess suitable for oven. Front aspect uPVC double glazed window.

Bedroom (3.61m x 2.97m (11'10 x 9'9))
Front aspect uPVC double glazed uPVC double glazed window.

Bathroom (2.90m x 2.16m (9'6 x 7'1))
Full length bath with full height tiled surround and independent shower over. H&C pedestal basin with tiled splashback. WC. Rear aspect diffused glass uPVC double glazed window.

Parking
The property does not come with any outside space or parking facility. Car parks nearby.

Tenure
Freehold

Services
All mains

Council Tax - Flat
Band A

Business Rates - Launderette
Rateable Value - £2700
Rates Payable - £1258, subject to confirmation. Qualifies for Small Business Rate Relief
Viewing
Please contact our Newquay Office on 01637 875847 if you wish to arrange a viewing appointment for this property or require further information.
Disclaimer
Start & Co endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

KEY FEATURES

  • Market Town Central location
  • Ideally High Street location for launderette business
  • One Bedroom self contained apartment over
  • Suit owner/occupier as home and income, or investment
  • Net Income 2016 circa £13,000 (assuming small business rates relief)
  • Lock up, hands off business, no on-site staff required
  • Up to 12% yield on investment with flat let and business open
  • Rare opportunity at this freehold price

ASSETS:

BOOK A VIEWING

Speak to our experienced team on
01637 875847 Or click here to submit a short form with your contact details so we can arrange a viewing on this property.

Latest Reviews (7 Reviews)

Sale of Property
by kevin &sue willcock (Vendor) 10/10/2017
SUSTAINED BUSINESS RELATIONSHIP
by Brian P (Buyer) 08/07/2016
challenging purchase ended in success ??
by Rachel (Buyer) 25/05/2016

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