Summary - 50 50 50 50 50 50 Morfa Hall, Cliff Road, Newquay, Cornwall, TR7 1SG TR7 1SG
1 bed 1 bath Commercial Property
Extensive coastal investment with immediate income and redevelopment upside.
• Freehold mixed‑use: 10 retail units and 13 apartments
• Current income £178,970 per annum
• Site c.0.24 ha (0.6 acres) with sea views
• Dedicated parking for c.25 cars and four garages
• Victorian building: large rooms and high ceilings
• Excellent mobile signal and fast broadband
• Local area: very deprived with high crime rates
• Requires active management and likely refurbishment
Morfa Hall is a substantial freehold mixed‑use building on Cliff Road, Newquay, offering 10 retail units and 13 residential apartments. The site extends to c.0.24 hectares (0.6 acres) and includes dedicated on‑site parking for about 25 cars plus four lock‑up garages. Current contracted income is £178,970 pa and the property benefits from panoramic sea views and a prime coastal location in Cornwall's main tourist resort.
This is a clear investment play for a buyer able to manage a multi‑unit portfolio. The Victorian building offers large rooms and high ceilings with period character that will appeal to holiday and long‑stay tenants; excellent mobile reception and fast broadband support short‑term rental demand. Onsite parking and nearby amenities, transport links and beaches strengthen leisure‑driven occupancy potential.
Buyers should note material local challenges: the wider area is classified as very deprived with high recorded crime and a ‘Hampered aspiration/Constrained renters’ profile, which can affect long‑term yields and management requirements. The building will need ongoing maintenance and active asset management to maximise returns; refurbishment potential exists but is not fully quantified in the figures provided.
Offered freehold at £2,250,000, this property suits an investor or developer looking for a coastal, mixed‑use holding with immediate income and room for value‑add through refurbishment, re‑letting or repositioning for holiday accommodation.
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