This freehold investment property in Newquay, Cornwall, is a 12-flat and 4-retail-unit development located in a busy parade of shops in the town center. The property has been in the same ownership for 20 years and has been well-maintained, with a rental income of £83,700 per annum (9%). The flats are all occupied, and the retail units have long-term leases with peppercorn rents. The property is situated in a popular seaside town with 7 miles of beaches, open spaces, and a laid-back atmosphere. The asking price is £949,950, offering a rare opportunity to purchase a well-established investment property in the heart of Newquay.