North Coast Asylum is a genuinely spectacular Grade II-listed converted Methodist Chapel, now arranged as a fabulous gallery space with soaring ceilings and a fountain of natural light, with a beautifully appointed, self-contained residential apartment on the lower floor with a private courtyard garden and its own access.
The property will be of interest to an array of prospective buyers, not just because it is a beautifully converted and appointed building but also due to its versatility. For example, one might choose to live within the apartment and continue to run a gallery-type operation from upstairs, or instead, they may choose to rent the apartment out on a short- or long-term basis and convert the gallery space into a different commercial use (office, restaurant, cafe, etc.) for their own occupation or to be let out to, all subject to necessary consents.
The building dates from the late 1800s, operating as a Methodist church for over 100 years. In 2017, our clients acquired the property via auction and have since invested substantially in creating this exceptional mixed-use property in a prime central Newquay position.
Accessed from the front elevation, the property comprises an office/reception area, leading into a WC and then via large doors into the studio/gallery. Stairs rise to mezzanine level, which boasts towering views over the gallery area. Off the gallery is a landing, which leads downstairs to the residential apartment. The apartment provides 3 bedrooms, a utility room, 1 en-suite bathroom, 1 family bathroom, a laundry, and a large open-plan kitchen/living room, all of which have been finished to an impeccable standard. Doors lead to a rear courtyard garden.
The commercial area totals approximately 2,087 (including mezzanine) sq ft and the residential area is circa 1,292 sq ft.
A quaint paved courtyard garden, featuring flagstones and an array of space for garden furniture, etc. The outdoor area, which is privately used by the residential apartment, includes an external shower and rear gate.
Our clients acquired the property with the intention of creating a leading exhibition, gallery, and event space in Cornwall. In their own words: “We have a passion for exhibiting the most compelling and brightest artists in a space that does their work justice."
The commercial space has been operated by our clients as an events space, pop-up restaurant, yoga studio and filming location.
An incoming buyer may be interested in continuing to operate the business.
We understand the property is serviced by mains water, electricity, drainage and gas. Gas-fired central heating. Both the commercial and residential components are separately serviced.
The property benefits from ‘small business rates relief’ meaning no business rates are payable.
Commercial: B
Residential: TBC
North Coast Asylum will be sold by way of an asset sale.
All enquiries and viewing requests are to be made directly through Laskowski & Co or Inigo, the vendors’ Joint Agents.
