Fistral Bay Hotel, Newquay, Cornwall - Strutt & Parker
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Fistral Bay Hotel the acclaimed Boardmasters Festival. Other renowned events include Newquay fish festival, 1 Pentire Avenue Newquay Art-8 festival, Newquay carnival, and Newquay the annual Night Surf. Cornwall “One of the nation's favourite seaside towns” - Which Holiday Survey. TR7 1NZ “Best family holiday destination” – readers of Enjoying far reaching views across COAST magazine. Fistral Bay, towards Towan Headland, and out to sea is this residential “One of the UK's top ten beaches” - Trip development site benefiting from Advisor. planning consent for 74 open market apartments. Communications Rail: Newquay train station, located EPC Rating - Exempt approximately one mile distance, handles intercity trains throughout the summer, which The Site include a daily service to and from London in Measuring approximately 0.584 acres / 0.236 July and August and also further through trains hectares, the site is currently occupied by a to London, the Midlands and North on Saturdays derelict, former hotel; The Fistral Bay Hotel, and Sundays between May and September. It believed to have been built in 1910. Originally a is the only branch line terminus in Britain still two-storey property, a second floor was added handling scheduled intercity trains. in 1912, and during the Second World War it was one of several large hotels in Newquay Air: Cornwall International Airport is located requisitioned as a convalescent hospital for the approximately six and a half miles distance. Army, Air Force, and Navy. The hotel ceased With flights to Spain, Portgual, Germany, and trading in 2006 after nearly 100 years of across the UK, including London Gatwick, business. Stansted, and The Scilly Isles; over 460,000 passengers passed through during 2017 – up Located on the prominent corner of Pentire 24% on 2016. Avenue and Pentire Crescent, the site enjoys far reaching views across Fistral Bay, towards Statistical Information Towan Headland, and out to sea. The 2001 census recorded a permanent population of 19,562, increasing to 20,342 at the Location 2011 census. Recent estimates suggest that the Newquay has been a major tourist destination total for the wider Newquay area would rise to for more than a century, principally on account 27,862 by 2018 and 30,341 in 2019. (Sources: of its coastline with nine long and accessible ONS & Cornwall Council) sandy beaches, including Fistral. Around 22,000 people live in Newquay, but the population can According to the Zoopla Property Group, increase to 100,000 or more in the summer. the average property price in Newquay has increased by 5.3% over the past 12 months, Situated in the favoured Pentire area of 25.6% over the past five years, 12.7% over the Newquay, the site is ideally located for the past 10 years, and 269% over the past 20 years renowned Fistral Beach; a venue for major (data correct as of June 2018). international surfing competitions as well as
Planning On the 27th September 2017, under reference PA17/00962; Cornwall Council granted conditional planning consent for demolition of the existing hotel, including out buildings and perimeter boundary walls, and creation of a new build 74 unit apartment building (comprising two separate blocks), with under-croft parking and A3/B1 retail and office space. Our clients have also sought Pre-Application advice in relation to increasing the approved scheme by a further floor, which was met positively. Section 106 Agreement There is a Planning Obligation by Agreement, dated 26 September 2017, and made between The Cornwall Council and No1 Pentire Limited. Financial contributions are required in relation to Affordable Housing, Education, Highway Works, off site Ecological Mitigation and off site public open space. We have judged the sum payable to be £592,420, although Cornwall County Council have indicated this sum may be reviewed upon production of a viability statement. The full document will be provided as part of the Planning & Technical pack. There is no requirement to provide any affordable housing, either onsite or offsite. Community Infrastructure Levy (CIL) The approved scheme is not liable for any CIL payment. The proposed CIL Charging Schedule is currently in the modification stages as the Examiner’s Report was received by Cornwall Council on 9th March 2018. It is the intention that the CIL Charging Schedule will be adopted by Cornwall Council following the recommended modifications provided within the Examiner’s Report. Services The proposed development is to benefit from mains gas, electricity, water, drainage, and telecoms connections. The Agents hold on file a proposed utility strategy which is available upon request as part of the Planning & Technical pack.
General Local Authority: Cornwall County Council Planning & Technical Pack: Available on request Site Plan For identification purposes only. from any of the joint agents, to pre-qualified parties only. Method of sale By way of private treaty. Unconditional offers invited. Joint venture considered. Joint Agents For further information and viewing arrangements please contact any of the joint agents: Alex Entwisle - BNP Paribas Real Estate Tel: 0117 9848451 Mobile: 07887 058701 Email: alexander.entwisle@bnpparibas.com Alex Munday - Kitchener Land & Planning Tel: 01392 879300 Mobile: 07947 561773 Email: alex@klp.land Jamie Snell - Strutt & Parker Tel: 01392 229418 Mobile: 07458 136577 Email: jamie.snell@struttandparker.com Exeter 24 Southernhay West, Exeter, Devon EX1 1PR 01392 215631 exeter@struttandparker.com struttandparker.com @struttandparker IMPORTANT NOTICE /struttandparker Strutt & Parker gives notice that: 1. These particulars do not constitute an offer or contract or part thereof. 2. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate and not necessarily to scale. Any prospective purchaser must satisfy themselves of the correctness of the information within the particulars by inspection or otherwise. 3. Strutt & Parker does not have any authority to give any representations or warranties whatsoever in relation to this property (including but not limited to planning/building regulations), nor can it enter into any contract on behalf of the Vendor. 4. Strutt & Parker does not accept responsibility for any expenses incurred by prospective 60 offices across England and Scotland, including purchasers in inspecting properties which have been sold, let or withdrawn. 5. If there is anything of particular importance to you, please contact this office and Strutt & Parker will try to have the information checked for you. Photographs taken XXXXXXXX Prime Central London 2000. Particulars prepared XXXXXXXX 2000. Strutt & Parker is a trading style of BNP Paribas Real Estate Advisory & Property Management UK Limited.
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