A little more about the property Investment Highlights: • Substantial hotel asset with spectacular sea views • 74 en suite bedrooms • Same family ownership for 94 years • Located within minutes from some of the UK’s finest surf beaches • HB’s Bar & Lounge and Young’s Restaurant • Seven function and meeting rooms • Leisure facilities to include an indoor swimming pool • Planning permission to create an external terrace • Hotel car park with parking for circa 55 vehicles • Additional assets and land available under separate negotiation Property type Hotel Tenure Freehold Property features 74 Bedrooms Coastal Full Service Function Rooms 55 Parking spaces Bars Letting Bedrooms Restaurants Dry spa Franchise agreement Owner operation Country House Hotel

TURNKEY INVESTMENT PROPERTY IN NEWQUAY TOWN CENTRE COMPRISING 3 RESIDENTIAL UNITS FULLY LET WITH A GROSS INCOME OF £18,240 PER ANNUM Front door off Cliff Road with a staircase to the upper floors. NO.1 FIRST FLOOR STUDIO APARTMENT LET AT £375pcm STUDIO 13'3 x 13'2 (4.04m x 4.01m) Irregular shaped maximum measurements. Fitted kitchen area. Full height uPVC double glazed door to the rear decking at the rear of the premises in a south facing sunny position with metal balustrade. EN-SUITE SHOWER ROOM Pedestal basin. WC. Shower cubicle with shower heated by independent electric water heater. Ceiling extractor fan. Electric towel rail. Half glazed tiled walls. NO.2 FIRST FLOOR 1 BED APARTMENT LET AT £550pcm SHOWER ROOM & WC Fully tiled shower cubicle with shower off boiler. Pedestal basin. WC. Half glazed tiled walls. Ceiling downlights. Recess for washing machine. BEDROOM 12'1 x 9'9 (3.68m x 2.97m) Measurement does not include the built-in double door wardrobe. Laminated flooring. Double glazed front window. Radiator. Cupboard housing gas boiler providing the central heating and hot water for this apartment. LOUNGE/KITCHEN 18' x 10'8 (5.49m x 3.25m) Modern laminated flooring throughout. Lounge section with full width front double glazed windows. 2 radiators. Fitted dining table. Fitted kitchen section. NO.3 SECOND FLOOR 2 BED APARTMENT LET AT £595pcm Door to the: L-SHAPED ENTRANCE HALL Radiator. LOUNGE 15'1 x 13'10 (4.60m x 4.22m) Wide double glazed window providing access onto the front balcony. Radiator. KITCHEN 11'8 x 5'7 (3.56m x 1.70m) Fitted kitchen. Double glazed rear aspect window. BEDROOM NO.1 3'7 x 8'8 (1.09m x 2.64m) Irregular shaped maximum measurements. Front aspect double glazed window. Radiator. BEDROOM NO.2 8'10 x 15'3 (2.69m x 4.65m) Radiator. Rear aspect double glazed window. SHOWER ROOM/WC Fully tiled shower cubicle with shower off boiler. WC. Pedestal basin. Radiator. Half tiled walls. SERVICES All mains TENURE Leasehold. 999 year lease from the 5th January 2007. A reciprocal maintenance and insurance arrangement is in place with the owners of the ground floor commercial premises (split 1/3 shop 2/3 uppers). The freehold is jointly owned by the 2 independent owners, with this share of freehold also being included in the sale. COUNCIL TAX Unit 1 - Band A - paid by tenant Unit 2 - Band A - paid by tenant Unit 3 - Band A - paid by tenant VACANT POSSESSION The property is sold as an ongoing investment subject to the Assured Shorthold Tenancies granted. VACANT POSSESSION IS NOT AVAILABLE UPON SALE. THE TENANTS Flat 1- Occupied since July 2018. 12 month AST 15/01/2021 to 15/01/2022 Flat 2 – Occupied since November 2020. 12 month AST 01/11/20 to 01/11/2021 Flat 3 – Occupied since December 2019 – Statutory Periodic Tenancy (rolling tenancy) Viewing Please contact us 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.

FREEHOLD MIXED USE INVESTMENT PROPERTY IN CENTRAL NEWQUAY WITH A COMBINED COMMERCIAL AND RESIDENTIAL INCOME OF £16,600 PER ANNUM OFFERING A GROSS YIELD OF 7.2% ON INVESTMENT THE SHOP 13’ frontage to East Street x 46’ deep Store No.1 12’ x 14’2 Store No.2 9’6 x 5’2 Kitchen Cloakroom with WC Long Small Store THE FLAT The flat is self-contained and accessed via a rear path and an enclosed courtyard. There is no parking. Accommodation includes; entrance porch, hall, lounge, kitchen, double bedroom and bathroom . The Commercial Lease The shop is leased as a retail outlet on a 5 Year lease from February 2021 at £10,000 per annum, exclusive of rates and insurance, with no rent reviews during the lease term. There are tenant break clauses at the end of Years 2 and 4. Rent cessation clause if the shop is not legally permitted to open. Tenant reimburses landlord for buildings insurance. No arrears. The Residential Lease The flat is rented on a statutory periodic tenancy since 25/12/16, at £550 per calendar month, to include the water charges, as there is only one metered supply. No arrears. Services Mains water electricity and drainage Viewing Please contact us on 01637 875847 if you wish to arrange a viewing appointment for this property, or require further information. Energy Performance Certificate to view the Energy Efficiency Rating and Environmental Impact Rating for this property. 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.