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Under Offer

Development plot for sale in Esplanade Road, Newquay, Cornwall, TR7

Guide price £1,400,000

WATERSIDE DEVELOPMENT PLOT OVERLOOKING FISTRAL BEACH – an incredibly rare opportunity to acquire an existing block of 5 flats with a history of now lapsed planning permission for additional development.



This is a unique opportunity to acquire an incredible waterside development plot within walking distance of Fistral Beach. Located on Esplanade Road towards the Pentire Headland of Newquay, this plot of approximately 0.23 acres (0.09 hectares) with uninterrupted sea views is an extremely rare find. Commanding arguably one of the finest positons in the town, the immediate outlook to the famous surfing waters of Fistral Bay and far beyond to Trevose lighthouse offer breath-taking and ever changing views.


PLANNING HISTORY

NOW LAPSED - previously planning permission (Ref.05/00630) was granted for the erection of a new building to contain 5 holiday use apartments to the rear of the existing property at 14 Esplanade Road. Further permission (Ref.10/00427) was granted for an extension of time of (Ref.05/00630). Then a subsequent grant of conditional planning for Removal of condition 4 of planning application Ref. 10/00427 (The holiday flats shall be occupied as holiday accommodation only).

EXISTING PROPERTY

The current property of approximately 4900 sq.ft consists of five flats over three floors, ranging between 2-4 bedrooms. There is a total gross income of approximately £48,000 per annum.


SERVICES

The property benefits from mains gas, electricity, water and drainage.


SURROUNDING AREAS

Esplanade Road is at the heart of one of the most sought after tourist destinations in the South West. Newquay offers a choice of beaches, but Fistral Beach, known worldwide by surfers is within approximately 200 yards walk of the property. With the likes of celebrity chef Rick Stein’s restaurant, Headland Hotel & Spa and Newquay Golf Club all within walking distance, Fistral Bay has a lot to offer. Newquay International Airport is accessible within 8 miles.

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