Summary - The Cribbar Yard The Cribbar Yard Bank Street, Newquay TR7 1EP
1 bed 1 bath Commercial Property
**Key Features:**
- Fantastic investment property with three individual retail units.
- Located in the heart of Newquay town centre, near popular beaches and amenities.
- Fully occupied on three-year leases, generating an annual income of £26,400.
- Charming courtyard setting with outdoor seating areas.
- Freehold tenure at £255,000; chain-free sale.
This unique investment opportunity comprises three vibrant retail units nestled in a bustling courtyard setting in the heart of Newquay. Currently home to a well-established surf shop, a trendy brunch bar, and a lively wine bar, the units are fully occupied, generating a reliable annual income of £26,400 from three-year leases. With a dynamic atmosphere and foot traffic from both locals and tourists, the location promises continued success for any retail venture.
Situated just moments from the beach and local amenities, The Cribbar Courtyard offers residents and visitors a delightful outdoor experience. With Newquay's ongoing expansion plans, forecasting the addition of 5,000 new homes over the next 10 to 15 years, this property holds significant potential for growth.
Investors seeking a robust return in a prime location should act fast—early viewing is highly recommended to explore this rare gem in a sought-after urban environment.
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