JD Commercial Property Directory

CONVENIENCE STORE / RETAIL PREMISES WITH OWNERS ACCOMMODATION

 Double fronted retail unit, refurbished retail unit
 Located on busy community road
 Ten minute level work to Town Centre
 2 bedroomed owners accommodation with self contained entrance
 Rear yard with garage and workshop
 Suitable for a wide variety of retail trades or office uses subject to planning
 Of interest to owner occupiers, investors and developers
 Services : Mains drainage, water, electricity and gas

LOCATION

Bideford is the administrative centre of the Torridge area and has a static population in the order of 13,000.  Barnstaple, the sub-regional centre of North Devon, lies approximately 9 miles to the east, with access along the North Devon Link Road to the M5 at Tiverton.  Barnstaple has a static population in the order of 25,000 with a shopping catchment population of 141,000.

THE SITUATION

The property is located on Northam Road being in a predominantly residential community area and a level ten minute walk from Bideford Town Centre.  Northam Road runs parallel with the main arterial road into Bideford, being Heywood / Kingsley Road (B3235).

THE PROPERTY AND CONSTRUCTION

Being of two storey construction under a pitched slate roof, with a brick faced front elevation and rendered side / rear elevations.  There is a latter single storey extension to the ground floor.  The double fronted retail unit has recently been redeveloped to extend the trading area by incorporating the former Post Office counter and stockroom, and now provides circa 719 sq.ft (67 sq.m).  Currently being operated as a convenience store, the premises are equally suitable for a wide variety of trades including hairdressers, antiques, art studio as well as office uses.  At first floor level is a two bedroomed flat with a street level self contained access.  Additional space for the residential parts includes a rear yard, workshop, garage and parking area.

THE PROPOSAL

Our clients are inviting offers for the freehold interest.

THE BUSINESS

The going concern convenience store business is available to interested parties if desired.  From a standing start we understand the weekly turnover for the business has been between £2,500 - £4,500.  It is with regret our client is selling, due to personal circumstance.

RATES

We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value: £2,475 Rates Payable: £1,134 based on uniformed business rate of 45.8p in the pound.   Occupiers may qualify for reliefs and are advised to make their own enquiries of Torridge District Council.

THE INVENTORY

The property is sold with an inventory of trade fixtures, fittings and equipment if interested parties wish to operate as a convenience store.

VAT

Payable, if applicable, at the prevailing rate.

THE ACCOMMODATION (comprises)

GROUND FLOOR

RETAIL UNIT
GIA 719 sq.ft (67 sq.m) Double fronted unit with central entrance doors, false ceiling with recessed strip lighting, non slip floor.  Currently fitted as convenience, with fixtures and fittings available if desired including open chiller cabinet, 2 x double chillers, 1 x milk fridge, counter servery with till, baked goods warmer, magazine stand, assorted shelving and displays

KITCHEN
Tiled floor, plumbing for washing machine, base unit, stainless steel single drainer sink, bake off oven, understairs storage, access to rear yard

3 PIECE BATHROOM
Tiled floor, bath, wash hand basin, low level w.c.

Self contained ground floor door with tiled hallway leading to:-

FIRST FLOOR

LANDING with carpet and loft access

KITCHEN
Eye and base units, stainless steel single drainer sink, carpet, plumbing for washing machine, radiator heating

3 PIECE SHOWER ROOM
Tiled walls, vinyl floor, radiator heating, electric shower and unit, wash hand basin, low level w.c.

LOUNGE / DINING ROOM
18`1 x 9`5 max (5.50 m x 2.90 m) Carpet, radiator heating

BEDROOM 1
13`7 x 12`6 max (4.20 m x 3.85 m) Carpet, radiator heating

BEDROOM 2
12`7 x 11`8 max (3.85 m x 3.60 m) Carpet, radiator heating

OUTSIDE

Rear yard with workshop / store and separate garage totalling circa 260 sq.ft (24 sq.m).  To the front of the garage is a parking area for 1 vehicle.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector.  Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike.  Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds.  Please call for more information.

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1.  The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract.  Prospective purchasers should seek their own professional advice.
2.  All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.  No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4.  No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1.  All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full.  However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk