1 bed (for sale) Fentonluna Gardens, High Street, Padstow PL28

£595,000
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Cole Rayment & White
3 Duke Street, Padstow
01841 531006
First Published

2nd Jan 2019

Last Published

2nd Jan 2019

 

Features

  • Type:
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description



A unique and rare opportunity to acquire a freehold premises located in the heart of the 'Old Town' in Padstow offering ground floor retail premises and a two storey town house with enclosed rear garden.

The Town house sits above the retail premises and is currently a successful holiday let with a good rental history and providing an income of approximately £20,000 per annum. The property has a modern design but full of traditional features with wooden floorboards and exposed nautical wooden beams.

Located on the first floor is a kitchen/breakfast room, Living room and toilet, with access to the enclosed rear garden via the kitchen. On the 2nd floor is a lobby area, bathroom and double bedroom. The garden to the rear is laid to lawn with attractive patio areas.

The ground floor retail premises offer a good sized shop floor area with store room, toilet, kitchen area and small enclosed courtyard to the rear. The shop is currently occupied by a local company and are two years into a 10 year lease with rent passing of £15,000 per annum. The current tenant is responsible for the upkeep and maintenance of the ground floor and contributes a third of the building insurance costs.

A fantastic investment opportunity for prospective purchasers, viewing highly recommended.

Padstow has a long and ancient maritime history, the harbour being nestled in to the west-side of the Camel Estuary offering protection from the prevailing south-westerly winds. The town boasts a labyrinth of crooked streets sloping down to the harbour where many fine medieval buildings can be found including the 15th century Abbey House on North Quay and the 16th century court house of Sir Walter Raleigh on the South Quay.

The surrounding coastline and countryside has been designated an area of outstanding natural beauty with many of North Cornwall's finest sandy beaches within a five mile radius.

Sailing and Watersports the Camel Estuary is a well established centre for watersports, including sailing and water skiing, boat charters are available from Padstow and craft can be moored in Padstow or launched from the Padstow Harbour Commissioners' Slipway.

Restaurants Padstow offers an excellent range of restaurants the Michelin starred restaurant of Paul Ainsworth's No. 6 and Rick Stein's renowned Seafood Restaurant both within a 5 minute walk; with many other restaurants and public houses offering excellent fare.

Golf The Trevose Golf and Country Club is located within approximately 3 miles, the course was bestowed with the honour of hosting the Amateur Brabazon Strokeplay Championship, bearing testament to the course's excellent credentials. The course also offers excellent tennis courts and swimming pool.

Travel by train Bodmin Parkway station approximately 25 miles distant offers regular links direct to London Paddington.

Travel by air Newquay Airport is approximately 25 minutes (8 miles) and offers a number of national and international flights via London Gatwick which is approximately a one hour flight.

Accommodation with all measurements being approximate:

Entrance door into

hallway - With door to retail outlet and door to accommodation.

Retail premises

shop floor - 27' 07" x 8' 10" (8.41m x 2.69m) With shop window to front elevation.

Store area - 5' 11" x 5' 9" (1.80m x 1.75m)

WC - 4' 09" x 4' 0" (1.45m x 1.22m) - Frosted window to side elevation, wc and pedestal sink.

Staff kitchen - 7' 08" x 5' 08" (2.34m x 1.73m) - Stainless steel sink with drainer, laminate work surface with storage under.

Door to;

courtyard - 7' 04" x 5' 05" (2.24m x 1.65m)

town house

entrance door - stairs leading to;

kitchen/breakfast area - 11' 09" x 9' 04" (3.58m x 2.84m) - uPVC window the rear, door to rear garden, laminate flooring throughout, range of base units with laminate work surface over, stainless steel sink with drainer, gas combination central heating boiler, stainless steel shelves, inset electric oven and hob with extractor hood over, LED spotlights, radiator, central breakfast bar.

Living room - 12' 06" x 12' 06" (3.81m x 3.81m) - uPVC window to front overlooking Duke Street with deep window sill, laminate flooring, LED spotlights, radiator, door into;

WC - Recess sink with ceramic tiled surround, wc, extractor fan, LED spotlight.

Door - Stairs to;

study area - uPVC window to the rear, exposed nautical wooden beams.

Hallway - Exposed nautical wooden beams.

Bathroom - 8' 06" x 7' 04" (2.59m x 2.24m) - uPVC window to side with views across rooftops across to the Camel Estuary, wooden sill, laminate flooring, wc, shower cubicle with rainwater shower head, stainless steel electric towel rail, exposed nautical wooden beams, pedestal sink with mirror, recess with space for washing machine.

Double bedroom - 15' 05" x 12' 06" (4.70m x 3.81m) - Upvc window with deep wooden sill to the front overlooking Duke Street, laminate flooring, exposed nautical wooden beams, LED spotlights, radiator.

Garden - To the rear and accessed via the kitchen/breakfast room. Enclosed garden with lawn and patio areas.


 

Local info for PL28

 

Property Value Data/Graphs for PL28

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Detached house 22.1% £802,404 3.7 1.7
Bungalow 17.2% £271,002 2.6 0.9
Semi-detached house 11.5% £378,143 3.2 0.7
Other 10.7% £248,531 1.5 0.1
Flat 7.4% £397,206 1.6 0.8
Terraced house 7.4% £414,439 2.6 1
Detached bungalow 6.6% £516,750 2.8 1.6
Mobile/park home 4.1% £55,190 2.2 1.2
Cottage 2.5% £480,000 2.7 1.3
Lodge 2.5% £104,667 2 1.7
Semi-detached bungalow 1.6% £259,500 2.5 1.5
Land 1.6% £260,000 0 0
End terrace house 1.6% £390,000 2 0.5
Maisonette 1.6% £619,975 2.5 2.5
Chalet 0.8% £24,000 2 0
Studio 0.8% £115,000 0 0

Area Information

Average Price Paid

£411,947

Sales

663

Current Average Value

£430,718

Value Change

£18,771 4.6%

 

Current Asking Prices in PL28 Average: £430,718

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £553,333 (3) £248,610 (34) £415,004 (35) £730,905 (22) £906,667 (6)
Flats £314,975 (4) £485,817 (6) £640,000 (1) - -
All £417,129 (7) £271,666 (43) £421,254 (36) £730,905 (22) £906,667 (6)

Nearby Properties

4 bed Terraced house () Newquay TR8 £78,750
1 bed Cottage () Little Petherick, Nr Padstow PL27 £499,000
3 bed Detached house () The Close, Trevone Bay PL28 £850,000
2 bed Terraced house () Atlantic Reach, Newquay, Cornwall TR8 £45,000
3 bed Terraced house () Trevarrian, Newquay, Cornwall TR8 £335,000
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