10/10a Bank Street, Newquay Cornwall, TR7 1JF Freehold Retail Investment

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1 0/0a Bank Street, Newquay Cornwall, TR JF

2 0/0a Bank Street, Newquay, Cornwall, TR JF EXECUTIVE SUMMARY Prime Let to Grabal Alok (UK) Ltd Lease expires June 00 (no breaks) Popular and imporatant resort town Pedestrianised location Close to Boots the Chemist, W H Smith, Superdrug, Poundland and Costa Coffee

3 & FORE STREET 5 - TEL CAROUSEL LEISURE LITTLE ITALY INDULGENCE ANIMAL LADIES & MENS WEAR THE CRAL SPORTS SPTS GDS OVER TRUE CAMELOT AMUSEMS RAZZMATAZZ WEIRD FISH FAT FACE AMUSEMS PLAIN LAZY WILLIAM HILL QUIKSILVER STORM LONDIS ONVENIENCE PUBLIC HOUSE STO BETTING OFFICE CHAPEL HILL EET DWG - ( RETAIL FLOORS) JEWELLER 0 - LLOYDS TSB A 0 A TRUSCOTTS FISH&CHIPS MOO`Z EXTRA CTN MOO`Z HELP SAILORS SAILORS CLUB UPPER CRUST THE FUN HOUSE PARTY GOODS NO WORRIES MAGIC BUS - - A CRAL SQUARE PH GARDEN OASIS SURF CLO &M/WR VACANT THE GALLERY ART GAL (RET) CRAL GRILL - 5 I CANDY CRAL PET SUPPLIES CORNWALL`S PREMIER PASTIES T/A DOROTHY PERKINS INSTITUTE KUCCIA CLARISSA NAILS THE BEACH NITECLUB PET SH SOCL CLUB - 5 HONG KONG CHINESE T/A EMOCEANL SPORTS GOODS THEKORNER KABINBAGCO LEATH GDS TREASURE TROVE LADIES WEAR VAC - ART & CRAFT A BEAU SAL MORRIS PASTIES LOAFERS T/A PHONES U WARRENS LEVEL D` LACEY CLAIRE`S L ACCESS BREADLINE TAKEAWAY BATHRM FURN A - OFF 5 - THE KOOLA STEP IN FINE ART ART & CRAFT THOMSON BEACH ROAD GOVER LANE & REST WATERSHED - 5 TRAVEL AG WETSUIT CO TWY ONE - 5A 0 LADIES & MENS WEAR PASTY PRESTO THE CHY & RESTAURANT SHOE ZONE MOO MOOZ JON BOUYS VACANT & UNDER CONSTRUCTION - HSBC FISH & CHIPS MOUNTAIN WAREHOUSE OUT WR & CAMPG GDS 0 - PUBLIC HOUSE TERRY DARLINGTON NATWEST THE ARMS ACCT THE ORIGINAL BACKPACKERS FUJIFILM PHOTOWORKS FILM DEVELOPING GARDENS BEACHFIELD AVENUE GUEST HOUSE BOWMAN & CO NEW LOOK SOLICITOR CHEMIST 0 PAULINE`S CREAMERY BOOTS STREET 5 ROWE`S HEALTH & BEAUTY SUPERDRUG - A PEACOCKS - THE CARPHONE WAREHOUSE ST WALKABOUT & RESTAURANT - B JEWELLER POUNDLAND DISCOUNT H SAMUEL 0 - CLINTON CARDS & NEWSAG & BOOKS ON THE ROCKS WHSMITH EVERYTHING EVERYWHERE CORNISH CREAM GAR &M/WR COSTA - SUPERDRY PLACE OF WORSHIP PHUKET THAI RESTAURANT A CELISIMO HAIR DNA TATTOO STUDIO SURFINGSCHOOL SPORTSCLUB GO MOBILE HARMONY CHELTENHAM PLACE - (ACCESS ONLY) 5 THE CRESC LADIES WEAR 0 CLARKS SHOES OPTICIAN PRIVATE SHOP ADULT SHOP SPECSAVERS NILES F/FD REST GALLEY COODES SOLICITOR KFC - GALLERY HOTEL SUNNYSIDE 5 - LYNTONHOUSE GUEST HOUSE MINERVA HOTEL M&CO - 50 SPALLS OF CONSERVATIVE ASSOCIATION SOCIAL CLUB HALL MENS WEAR 5 THE SHACK & RESTAURANT - BLUE INC 5 MANOR ROAD 5 JOHNNY`S TOB 5 EYE STUDIO OPTICIAN PLACE OF WORSHIP B H F 5 CHARITY SHOP THE CRESC 5A JO-DANS LIFESTYLE ALFRESCO CAXTON HOUSE 0 THE PASTY PARLOUR STREET CORNISH STONE CO JWLR NATURE`S OWN GREENGROCER - `S LEATHER SHOP CORNISH SWEET SHOP CONF & BIS 5 5 STUDS ART GAL (RET) THE WHISTLEFISH 55 NO WORRIES - 0 CLOSED CLAYS 55 0/0a Bank Street, Newquay, Cornwall, TR JF (LOADING BUSES & TAXIS ONLY) MANOR ROAD P (50) (ESTIMATED) LOCATION Newquay is a popular and famous tourist resort town situated on the north coast of Cornwall and supports a district population of about 5,000, which is considerably swelled during the holiday period. The town is located about 5 miles north of Truro and about 5 miles north-west of St Austell and is well served by road and rail communications including the A0, A, A and A05 truck roads. The property is located in a prime pedestrianised location on Bank Street, the town s principal retailing thoroughfare, close to its junction with Gover Lane and Central Square. Retailers located close by include Boots the Chemist, Superdrug, W H Smith, Poundland, Peacocks, Costa Coffee, New Look and branches of the main banks. DESCRIPTION The property comprises a SHOP arranged on the ground floor with a self contained hairdressers (sublet) on the first floor. The property has the following approximate net floor areas Ground Floor Sales / Ancillary 5. sqm (,00 sq ft) ITZA 0 First Floor Salon / Ancillary. sq m (00 sq ft) TOTAL.5 sq m (,00 sq ft)

4 0/0a Bank Street, Newquay, Cornwall, TR JF Freehold Retail Investment HIGH PROMIN FREEHOLD AND RETAIL INVESTM / PARK VIEW, WHITLEY BAY NE RA TENURE COVENANT INFORMATION Freehold Grabal Alok (UK) Limited trade as Store Twenty One and have over 00 stores in VAT VAT is applicable to this property TENANT the UK and for the year to 0/ reported a turnover of. million. (Source: Company Website and Experian Ltd). We understand that the tenant has sub let the first floor hair salon on a lease until June 00 and at a rental of,50 pa. The sub tenant trades as Company Hair. Grabal Alok (UK) Limited EPC LEASE 0 Bank Street: EPC rating of Band D 0a Bank Street: EPC rating of 5 Band C Term: 5 years from th June 005 Basis: FRI Rent: 50,000 pa Review: 05 Expiry: June 00 PROPOSAL Offers are being sought in the region of 500,000, subject to contract for our client s freehold interest in the property. This will reflect a net initial yield of about.5%, after allowing for purchaser s costs of.%.

5 FURTHER INFORMATION Should you have any queries or wish to arrange an inspection please contact : Martin Christopher t: m: martin.christopher@cbre.com David Margolis t: 00 5 m: david.margolis@cbre.com CBRE Henrietta House Henrietta Place London WG 0NB Subject to Contract CBRE on its behalf and for the Vendors or Lessors of this property whose Agent it is, give notice that:. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract.. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property.. Unless otherwise stated, all priced and rents are quoted exclusive of VAT. 5. Please note that unless explicitly stated otherwise, any advice contained within this report relating to the value of property is provided in accordance with CBRE s terms of engagement in preparation for or during negotiations, or in connection with agency or brokerage work, on the understanding that it will be used for the recipients internal purposes only, that the scope or basis is restricted to the basis set out in this report or CBRE s terms of engagement and will not be relied upon by third parties. Neither CBRE nor the author can accept any liability to the recipient, nor third parties, who may seek to rely upon this advice for other purposes September 0