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 INVESTMENT WITH 10 YEAR LEASE - FEBRUARY 2012

ref_1178_web.jpgJD Commercial are marketing a mixed commercial and residential investment in Newport Road, Barnstaple.  The well maintained property comprises of a ground floor shop unit and 3 residential units, being 2 x flats and 1 x maisonette.  The commercial parts are let to a Laundrette operator for an annual rent of £3,500 on a 10 year lease term.  All of the residential parts are currently let and produce an income of £16,500 pa, giving a total rent roll of £20,000 per annum.  JD Commercial comment that given the relatively low levels of interest on money held with High Street banks the proposition would suit seasoned and new investors alike.  The agents are quoting £225,000 for the entire freehold, which includes three parking spaces (currently unlet)

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RARE OPPORTUNITY TO ACQUIRE FREEHOLD OFFICE PREMISES - FEBRUARY 2012

ref_1179_web.jpgIt is not often Freehold office premises come to the market, although that is just one of the latest instructions on the books of Specialist Commercial Agents, JD Commercial.  The premises in question are located in Mill Street, within the Town Centre of Bideford.  Being of interest to both owner occupiers and investors the premises are currently let until September 2012, for £11,000 pa, at which time the tenants will be relocating, thus giving owner occupiers enough time to plan a move or an investor the opportunity to relet the premises.  In total the ground floor office premises provide circa 800 sq.ft (74 sq.m) of space with a high specification fit out as well as a prominent window display.  The ground floor is only part of the property, with a self contained 3 bedroom maisonette above the offices, with 2 reception rooms.  This residential accommodation gives owner occupiers the opportunity to live above or investors another source of rental income.  The price quoted is £169,500 for the Freehold, as well as the leasehold of the ground floor offices being offered once the tenants vacate at £8,500 per annum.

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MODERN OFFICE SPACE WITH CAR PARKING – SOUTH MOLTON - FEBRUARY 2012

ref_1182_web.jpgSituated on Pathfields Business Park, South Molton, and fronting the main road through the Estate, JD Commercial have recently received instructions on a suite of modern offices.  The premises provide 1,500 sq.ft (139 sq.m) of predominately open plan office space with two additional meeting rooms and high specification including air conditioning, triple aspect windows for natural lighting, on site car parking, CAT 5 cabling and much more.  As well as the office accommodation there is a modern warehouse adjoining the premises which could be used for storage should tenants desire, and this part could also be made available.  The office space is available by way of a new lease with immediate occupation as possibility if desired.  Agents JD Commercial, are quoting £12,000 per annum and urge interested parties to view the premises to appreciate the specification.

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7,000 SQ.FT FOR £15,500 PER ANNUM!! - JANUARY 2012

ref_1183_web.jpgRegardless of the state of the economy, one thing never changes and that is people always seek value for their money and a new warehouse unit instruction on with commercial agents JD Commercial offers just that.  Providing circa 7,000 sq.ft (650 sq.m) of accommodation for just £15,500 per annum, the open span industrial / warehouse unit also has an element of office space, making it ideal for a wide variety of trades such as storage and distribution, given that it also has yard, hard standing and car parking to the front and side of the premises.  Located just 12 miles from Bideford and 5 miles from the A39, the premises are available by way of a new lease with more information available by contacting the agents JD Commercial.

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OLDEST CAFE IN TOWN!!! - JANUARY 2012

ref_1176_web.jpgRumoured to be the oldest cafe in Ilfracombe, having been trading for 75 years, Combe Cottage certainly ticks the box of being a character establishment.  With parts dating back to the 18th Century it is thought the premises started life as two cottages, and fast forwarding to the present day, it now provides comfortably and character surrounding for circa 30 covers with ample kitchen and back up facilities.  It also has two bedroomed owners accommodation above with a large kitchen / diner, private kitchen and four piece bathroom.  The business has been successfully operated by the current owners for the past 6 years who have chosen to operate limited hours and days with no staffing, making it an ideal husband and wife operated catering enterprise.  The quoting price is £235,000 Freehold.

 

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WHEN CONSIDERING A NEW BUSINESS, 27 YEARS OF ESTABLISHED TRADE ISN’T A BAD PLACE TO START!! - DECEMBER 2011

ref_1175_web.jpgBuying an established business with good trading history can give many new business owners a great start in their new venture and with 27 years of successful trading, that is certainly what new owners of Midway Motors will get.  Situated on the “old” main road between Bideford and Barnstaple, in the village of Yelland, the premises enjoys a significant road frontage, part of which is used for forecourt sales.  As well as car sales, business is derived from servicing, repairs and MOT’s, all of which is housed in the onsite workshop of 2,500 sq.ft (232 sq.m).  Adjoining the business premises is a 4 bedroomed dormer bungalow which overlooks the local Estuary.  The site is available as two lots which are the garage, business and owner’s bungalow for £395,000 or the garage and business on their own for £199,950.  The business is sold as a going concern with ramps, MOT bay, rolling road, tyre changer, emission testers etc etc. 

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 PRESTIGE LOCATION – OFFICE AND WAREHOUSE PREMISES - NOVEMBER 2011

ref_1173_2_editorial.jpgA high spec and well finished office and warehouse premises have been placed on the market, to rent or buy, with commercial agents JD Commercial.  Situated on the desirable Roundswell Business Park the premises are within Woodside Court, one of the more recent developments on the business park.  The modern premises strike a chord immediately with the majority of the exterior having a brick faced finish, with the same high standard throughout the inside of the premises.  There is a reception office with a double glazed entrance and three separate offices at ground floor, all of which have communications trunking, false ceiling with recessed lighting, laminate flooring and central heating.  The remainder of the premises provides warehousing, with high eaves height, as well as first floor storage which could be converted to office space given the high level double glazed windows that have been fitted.  Industrial premises finished with such a high standard of office accommodation are rarely seen on the market and with a quoting rent of £25,000 per annum, or freehold offers on £329,950, interested parties can obtain more information from JD Commercial.

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THE STORY OF TWO EXPANDING BUSINESSES IN THE SAME VILLAGE!! - NOVEMBER 2011

The coastal village of Westward Ho! is the location for two recent commercial transactions concluded by commercial agents JD Commercial.  The two transactions occurred only a few metres away from each other, the first being the sale of Lucifers Hairdressers and the second being the letting of a shop premises opposite the Co-Operative supermarket.  Lucifers has been sold to Sam Foreman who also operates Sam’s Nail and Beauty next door to the hairdressers, so now clients of hers can leave with a new hair style as well as being pampered with the extensive beauty treatments on offer.  The other business expanding in the village is that of Taylors Hardware who have taken a second shop unit which will stock even more products and lines than the currently comprehensively stocked premises.  James Doble from JD Commercial commented “that despite the continued doom and gloom in the press many businesses are still performing well, some to such an extent that expansion is required.  We have dealt with many companies and businesses throughout the year were transactions have been concluded because they need more space to grow.”  JD Commercial offer a free no obligation market appraisal for those that are considering a sale or letting.

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 HARBOURSIDE GENERAL CONVENIENCE STORE - NOVEMBER 2011

ref_1170_-_editorial.jpg“There is a lot to be said for buying an established trading business, particularly when the current owners have been there for 15 years.  It shows that the business must be doing something right!!” says James Doble from JD Commercial Estate Agents about one of their latest instructions, St James Dairy.  This general convenience shop is situated on the main arterial road leading to and just off the towns harbour in Ilfracombe.  Given its trading location it is no wonder why it does the level of trade that it does, with a turnover in the region of £450,000, the main income is derived from convenience goods, newspapers, magazines and confectionary with services including lottery terminal and mobile phone top ups.  The premises consists of a double fronted shop unit at ground floor level, with excellent passing and chance trade potential, and two upper floors offering three bedroomed owners accommodation.  Currently the business is staffed for the majority of the day, however new owners may wish to undertake more hours themselves.  The quoting price for the premises and business is £269,950 for the Freehold interest.

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 GOING CONCERN BUSINESS OPPORTUNITY TO BE SELF EMPLOYED FOR £17,500 - NOVEMBER 2011

ref_1169_editorial.jpgBeing self employed is still a dream of many budding entrepreneur and a business that has just been registered with commercial agents, JD Commercial, certainly gives those budding entrepreneurs an opportunity.  At just £17,500 for an established DVD rental, off licence and seasonal firework going concern, the business is located in the town centre of Torrington.  Known as Vision on Video Hire the premises are situated close to other complimentary businesses such as Take-Aways, Public Houses and Restaurants.  Stocking around 850 film titles the business has an established register of members that has grown during the current owners 8 year tenure.  It is thought the business could be expanded further with the introduction of further food and drink lines as well as computer game rental / second hand game sales.  Operating hours are currently afternoons and evenings with the premises either being manned by one of the owners or a member of staff.  For more information on this business opportunity at £17,500 further information can be obtained from JD Commercial.

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PROMINENT TRADE COUNTER / INDUSTRIAL PREMISES - OCTOBER 2011

ref_1165_-_editorial.jpgA highly prominent industrial unit has just been placed on the books of commercial estate agents JD Commercial.  Located at the entrance of the Caddsdown Industrial Estate the premises enjoys high vehicular movements past the site with a number of well established business close by including RGB as well as the local recycling centre.  The modern detached premises comprises of a footprint in the region of 3,700 sq.ft (343 sq.m) with an additional mezzanine floor of 1,438 sq.ft (136 sq.m).  Internally there is warehouse / industrial space as well as ground and first floor offices, reception office, canteen and toilet facilities.  Specification of the unit includes three phase electricity, roller shutter door, car parking and external storage area.  The premises are considered suitable for a wide of trades, particularly those that would benefit from the high visibility that the site has.  A new lease is being offered with a quoting rental of £24,000 per annum.

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NEW INSTRUCTION ON HATCHMOOR INDUSTRIAL ESTATE, TORRINGTON - OCTOBER 2011

ref_1166_-_editorial.jpgJD Commercial have been instructed by the Landlords of the Devon Units, on the Hatchmoor Industrial Estate, Torrington, in the rental of an industrial / warehouse unit of circa 1,500 sq.ft (139 sq.m).  Situated close to the Town Centre the premises have a wide variety of mixed industrial users in the immediate vicinity.  The unit offers all of the benefits occupiers require such as three phase electricity, roller shutter door, insulated roof, power floated floor and suitable height for a mezzanine floor if required.  Being available by way of a new lease term, at a rent of £8,750 per annum, further information can be obtained from JD Commercial.

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 HIGH STREET RESTAURANT PREMISES WITH 5 BED ACCOMMODATION - OCTOBER 2011

ref_1164_editorial.jpgIf you are looking for catering or restaurant premises with plenty of owners / staff accommodation a new instruction in Ilfracombe, on with agents JD Commercial, could be the premises you have been looking for.  Occupying a prominent High Street location the premises are opposite the Co-Operative Supermarket and close to the municipal High Street car park.  At street level is the fitted restaurant unit which currently provides covers with circa 24, backed up by a commercial kitchen, of which the fixtures and fittings are included within the sale.  Currently being run as a successful Pizza / Pasta restaurant the premises is equally suitable for a number of other catering trades including tea room, cafe, Indian, Mediterranean restaurant etc.  The self contained upper floors are arranged over three levels and provide 5 bedrooms, four piece bathroom, kitchen, lounge, office, cloakroom, utility room as well as a small walled garden area.  Commercial Agents, JD Commercial, urge those with a specific need for large owners’ accommodation to inspect the property to appreciate the size of the domestic parts as well as the high standard of the commercial unit.  The agents are quoting £249,950.

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COMMUNITY CONVENIENCE STORE PREMISES - SEPTEMBER 2011

ref_1160_editorial.jpgA refurbished convenience store in Bideford has been placed on the market with JD Commercial.  The road fronted premises known as Stanhope Stores are located on the busy Northam Road, which leads into the town centre.  With the shop unit having been refurbished and redeveloped in the last 6 months, the premises now offers a ground floor double fronted retail unit of circa 719 sq.ft (67 sq.m) and a self contained 2 bedroomed flat at first floor level.  The premises are available as a going concern convenience store or with vacant possession should interested parties have an alternative use in mind.  For further details and information the agents, JD Commercial, can be contacted on 01237 424053 or via www.jd-commercial.co.uk. The guide price for the premises is £175,000.

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9% RETURN – BETTER THAN IN A CURRENT ACCOUNT!!! - AUGUST 2011

ref_1151_editorial.jpgSpecialist Commercial Estate Agents, JD Commercial have been instructed in the sale mixed commercial and residential investment in Joy Street, Barnstaple.  Situated just off the Town’s High Street, nationals close by include Lloyds TSB, Cargo, Boots and W H Smith.  The ground floor comprises of a double fronted shop unit, where the tenants have been successfully trading for the last eight years, with the upper floors offering 1 x two bedroomed flat and 1 x one bedroomed flat.  The gross income for the entire building could be £28,640 per annum which from a quoting price of £319,950 equates to a yield of 9%.  The property is sold with the benefit of the existing shop and residential tenancies.  Further information can be obtained from the agents by calling them on 01237 424053 or going online at www.jd-commercial.co.uk.

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 TAVERN IN THE PORT REDUCED BY £140,000!!!! - AUGUST 2011

ref_1113_editorial.jpgThe former Tavern in the Port Public House has been drastically reduced in price and is being marketed by specialist commercial estate agents, JD Commercial.  Comprising of circa 8,000 sq.ft (743 sq.m) the substantial town centre property is equally suitable for reopening as a Public House / Restaurant or redevelopment.  The premises are well known and located in the town close to the High Street, Quay and car parking in Bridge Street.  Originally the premises were 6 town houses and as such could be converted back to houses or redeveloped into flats, subject to the necessary planning permissions.  As a commercial venture the premises had been adapted over the years to provide 4 individually themed bar areas, restaurant, commercial kitchen, preparation area and three flats which were utilised as staff / managers accommodation.  The entire premises are available at £415,000, having been reduced in price by £140,000 with a view to securing a quick transaction.  Details can be obtained from specialist Commercial Agents, JD Commercial, who can be contacted 01237 424053 or via www.jd-commercial.co.uk

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FOR SALE – PRIVATELY RUN EDWARDIAN HOTEL IN BIDEFORD - AUGUST 2011

ref_1092_editorial.jpgSitting in just under an acre of its own grounds the Edwardian Hotel and Restaurant known as Orchard Hill Hotel is being marketed by commercial agents JD Commercial.  Occupying an edge of town location, just a couple minutes from the A39, the premises sits above the river Torridge overlooking the town.  The current owners have operated the business for a number of years as a hotel and restaurant, although the business is equally suited to be run as a Bed and Breakfast establishment.  Comprising of 7 letting bedrooms and 3 bedroomed owners apartment there are plenty of public rooms including lounge, dining room and breakfast room.  The owners have made considerable investment in the building which also includes private rear garden, car parking and sun veranda.  Typical of the Edwardian period are many features that include bay windows, verandas, ceiling cornicing and coving.  With the price being at a competitive £624,950 for the size and type of building interested parties can obtain further information from the agents.  JD Commercial 01237 424053 / www.jd-commercial.co.uk. 

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HIGH TURNOVER CONVENIENCE STORE - JULY 2011

ref_1136_editorial.jpgJD Commercial who are instructed in the sale of Lyncroft Stores, Landkey, have reported that the price of the property has been reduced to £395,000.   Situated within the popular and increasingly growing dormitory village, the property is just two miles from the regional centre of North Devon, being Barnstaple.    Due to the increasing size of the village, the business has an established trade with good business figures.    Operating as a general convenience store, the property sells groceries, tobacco, off licence, videos, DVDs, confectionery, stationary, lottery, etc,.   The property has a self contained three bed family residence to the rear providing kitchen, lounge, conservatory and extensive 90ft garden with patio area and is considered suitable as a family run venture.   The shop has undergone a recent refit, giving the premises a bright new image.  It is currently owned by a husband and wife partnership and is operated by the wife with 2 additional staff members.   To arrange a viewing or to discuss business details, please contact JD Commercial on 01237 424053.  The Agents are quoting £395,000 for the freehold of the building to include trade inventory and goodwill of the business.

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RETAIL PREMISES AND 4 BEDROOMED ACCOMMODATION OVER TWO FLOORS - JULY 2011

ref_1150_-_editorial.jpgSpecialist Commercial Estate Agents, JD Commercial have been instructed in the sale of a substantial Town Centre property opposite the Pannier Market in Bideford.  Comprising of a ground floor retail unit with two rear storerooms, it is thought this area could be converted to office space if new owners preferred, subject to necessary planning.  The current owners have operated a business and lived in the premises for the last 25 years, with 4 bedroomed accommodation located above the shop, which is over two floors.  The residential parts comprise of 4 bedrooms, family bathroom, large kitchen / diner, lounge, second sitting room and a sun trap walled roof top garden.  Commercial agents, JD Commercial, comment on the rarity of such a building with living accommodation coming to the market.  At a quoting price of £289,950, further details can be obtained from the agents by calling them on 01237 424053 or going online at www.jd-commercial.co.uk.


 

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LOCATION, LOCATION, LOCATION!!! -JUNE 2011

ref_1149_editorial.jpgMany businesses purport to having a prime location but a business that has just come onto the market with specialist commercial agents, JD Commercial, truly boasts an enviable trading position.  The business is the Fish on the Harbour situated in Riverside Road, Lynmouth, being the first Fish and Chip Restaurant / takeaway visitors reach when walking down the road into Lynmouth village from the main car and coach parks.  Not only does the location of the property attract customers but the premises also benefits from a riverside patio garden with covers for circa 60 to add additional “curb appeal” in bringing customers to the counter!  The fish and chip restaurant / takeaway in total has covers for circa 105, inside and out, and is supplied by the onsite commercial kitchen, in which the majority of the equipment has been purchased in recent years.  Given the location of the property it is no surprise that it benefits from a net turnover of circa £164,950 from only 8 months of trading.  Agents JD Commercial urge interested parties to register their interest early as businesses in this location and with this level of business rarely stay on the market for long.  For more information, JD Commercial can be contacted on 01237 424053 or via www.jd-commercial.co.uk.

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GEORGIAN MANOR HOTEL AND INN CLOSE TO EXMOOR COASTAL VILLAGES - MAY 2011

ref_1140_editorial.jpgJD Commercial have been instructed in the sale of the well known Manor Hotel and Beggars Roost, on the busy A39 tourist road, just outside the twin Exmoor villages of Lynton and Lynmouth.  With extensive road frontage the substantial moorland premises comprise of a seven en-suite letting bedroomed hotel and an adjoining Inn making the premises suitable for dual family operation if desired.  Believed to date back 300 years the eye catching buildings have plenty of character on the inside as well.  No room more so that the function suite within the Beggars Roost Inn, which has a beamed vaulted ceiling, oak lined walls, wrought iron chandeliers, open fire places and mezzanine viewing gallery offering a truly unique venue for functions / parties etc.  The business is currently operated by the same family who have been in ownership for the last 7 years, with considerable scope available on the function side of the business which is unexploited.  There is a two bedroomed owners apartment, as well and gardens, grounds and gravelled car parking.  Agents JD Commercial expect to receive interest from all over the country for such an important Exmoor property.  To arrange a viewing or to discuss business details, please contact JD Commercial on 01237 424053.  The Agents are quoting £795,000 for the freehold of the buildings to include trade inventory and the goodwill of the business.  

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ROAD FRONTED FORECOURT, SHOWROOM AND GARAGE PREMISES - MAY 2011

ref_1144_editorial.jpgA prominent garage premises has been placed on the market with commercial agents JD Commercial, for the first time in 40 years.  Known as Bickington Garage and Showrooms the site and premises lie just 2 miles from Barnstaple on the busy B3233.  The site offers a complete automotive trade package from showroom and forecourt for sales to workshop suitable for vehicle repairs, servicing and MOT’s.  Comprising of circa 2,592 sq.ft (241 sq.m) the workshop has space for three ramps and currently has an MOT station installed (which is available by separate negotiation).  On the vehicle sales side there a road fronted forecourt with space for circa 15 vehicles as well as showroom / office providing indoor cover for a further 3 vehicles.  There is a rear yard which can be accessed from both the workshop and the showroom which offers ancillary space for the preparation / storage of vehicles or valeting.  Agents JD Commercial comment that automotive premises offering both the servicing and sales side of the industry are extremely rare. Interested parties are urged to register their interest early, with the site becoming available for occupation in August 2011.  At an annual rent of £20,000, commercial agents JD Commercial can be contacted on 01237 424053 or via www.jd-commercial.co.uk.

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THREE DEALS COMPLETED IN ILFRACOMBE - APRIL 2011

ref_1057_editorial.jpgContinuing their trend of doing deals in threes, JD Commercial have reported another hat trick of transactions, this time in the town of Ilfracombe.  The first two deals were both in the same street being St James Place, which is the main arterial road leading to the harbour and quayside area, which obviously attracts high footfall, particularly in the summer months.  One of the transactions was the letting of a retail unit, at number 18, the other was the sale of a restaurant / tea room with a pavement fronting tea garden, trading as 6 St James Place.  The new owners, who are from a catering background, plan to keep the same name with both daytime and evening trade to be undertaken.  The final of the three transactions is that of Larkstone Cafe and Leisure Park, which in former times was the town’s tennis club.  Agents JD Commercial comment that they had a huge amount of interest in the property / business with enquiries from afar as South Africa, although the eventual buyer was found a little closer to home in Combe Martin!  The new owners will be refurbishing the leisure park / games area as well as the tea room / restaurant and the gardens which overlook the town’s harbour and out to the Bristol Channel.  James Doble from the estate agency comments that they have had a very business few months with this expected to continue throughout Spring, he goes on to say “Spring is traditionally a busy period for viewings and agreeing transactions.”  JD Commercial offer a free no obligation market appraisal throughout the Westcountry.  They can be contacted on 01237 424053.

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LANDKEY POST OFFICE FOR SALE AFTER 22 YEARS!! - MARCH 2011

ref_1133_editorial.jpgThe hub of the village community in Landkey is for sale due to the pending retirement of the current owners after 22 years.  During this time the Post Office salary has been built up considerably and provides a significant income with additional income derived from shop sales, with further scope to introduce new lines and products to the shop.  The business is operated 6 days per week, with two half days, being Wednesday and Saturday.  Adjoining the Post Office and Shop is the owner’s cottage, which consists of 3 bedroomed accommodation with ground floor lounge / diner, kitchen and study / piano room.  The business is considered ideal for a couple or a family, with the current owner’s children having grown up in the property, it has a rear garden which catches the sun for the majority of the day.  Given the desirability of Landkey village, businesses in the locality are hard to come by and as such interested parties should obtain details and viewing information from commercial agents JD Commercial.  They can be contacted on 01237 424053 or via www.jd-commercial.co.uk.  The quoting price for the business, shop and cottage is £324,950.

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OWNERS HANGING THEIR BOOTS UP AFTER 28 YEARS!! - MARCH 2011

ref_1134_editorial.jpgA husband and wife team, who established “The Sports Centre” in South Molton 28 years ago, have decided it is time to hang up their boots!  The premises and business occupies a town centre location in South Molton, by the town square and market in East Street, and not only consists of a retail shop but also a large 3 bedroomed owner’s maisonette.  The self contained accommodation could be suitable for conversion to two residential parts subject to planning permission.  Trading as a traditional sports shop stocking trainers, boots, equipment etc the business all sells many lines in the country wear and fishing sector of the market.  After 28 years the owners feel new blood could introduce new lines to the business as well as offering internet sales.  For full information on the business and the extensive owners accommodation please contact commercial agents JD Commercial on 01237 424053 or via www.jd-commercial.co.uk.  The quoting price for the business, shop and maisonette is £274,950.


 

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 TWO HIGH STREET RETAIL UNITS AVAILABLE - FEBRUARY 2011

ref_1128_editorial.jpgTwo prominent High Street retail units in Barnstaple have been placed on the market with specialist commercial Estate Agents JD Commercial.  The first is the former Quiksilver shop, close to HSBC, Prezzo and Animal and is the larger of the two with a sales area of 1,264 sq.ft (117 sq.m) and upper floors which provide stockrooms, staff room and toilet facilities.  The premises are available by way of an assignment of the existing lease at a rent of £27,500 per annum, with a tenants break clause in 2014.  Going towards the other end of the High Street is number 60, which is opposite Primark and close to KFC.  It is also purported to be the oldest retail unit in the Town’s High Street.  With the premises offering retail areas over two floors, this space extends to circa 1,109 sq.ft (103 sq.m) with additional offices and storage above, and has an annual rent of £22,000.  Both shops benefit from double frontages on the Town’s High Street.  For viewing arrangements, more information, or to register on JD Commercial’s mailing list, they can be contacted 01237 424053 or via www.jd-commercial.co.uk.

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PUBLIC HOUSE WITH EXTENSIVE OWNERS ACCOMMODATION - FEBRUARY 2011

ref_1126_editorial.jpgIf you are looking for a Public House with sizable owners’ accommodation then The Appledore Inn in Bideford may be just the business for you.  The traditional “real ale” Public House is for sale through Commercial Specialist JD Commercial.   Comprising of public / lounge bar the business has a loyal local following which is believed could be increased with the introduction of food sales, for which there is a separate ground floor kitchen.  To the rear of the property is a walled patio garden which catches the sun in the afternoons!  The current owners have operated the business for nearly 8 years and have utilised the substantial family accommodation which comprises of 4 double bedrooms, lounge, dining room and kitchen.  From a quoting price of £234,950 the entire premises, business and trade inventory are available.  Further details can be obtained from JD Commercial, 01237 424053 or via www.jd-commercial.co.uk.

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VILLAGE CENTRE NURSERY AND PRE-SCHOOL - FEBRUARY 2011

ref_1125_editorial.jpgThe former school in Chawleigh are the business premises of Chawleigh Child Care which has recently been placed on the books of commercial agents JD Commercial.  Having operated as a school for more than 200 years, the premises were more recently converted by the current owners of the business, to provide a childrens nursery and pre-school which is registered for 52.  As you would expect the main classrooms have been converted to form 3 large playrooms, including mess room and toddler room.  Additional facilities include kitchen, office, children’s toilets and sleep rooms.  The premises are owned by a parish charity organisation who would grant a new lease term of up to 10 years to the purchasers.  Agents JD Commercial comment that premises suitable for child care are increasingly difficult to find due to tighter health and safety legislation and the high costs of converting premises that do not already have the necessary consents and planning.  The business is for sale as a going concern with a quoting price of £24,950 and an annual rent of £7,500 per annum.  Further details can be obtained from JD Commercial, 01237 424053 or via www.jd-commercial.co.uk. 

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RSPCA CLINIC PREMISES FOR SALE DUE TO RELOCATION - FEBRUARY 2011

ref_1122_editorial.jpgThe RSPCA North Devon Branch animal clinic premises at Roundswell Business Park, Barnstaple, have been placed on the market with specialist commercial agents JD Commercial, due to pending relocation.  Located on Brannam Crescent, the modern industrial unit comprises of circa 1,278 (119 sq.m) of ground floor space including reception, offices, consultation rooms and warehousing with a well developed mezzanine floor providing additional office and board room space.  The agents, who are quoting a price of £179,950, recommend interested parties view the premises internally to appreciate the standard of fit out that has been undertaken.  JD Commercial can be contacted 01237 424053 or via www.jd-commercial.co.uk.

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SUCCESSFUL LAST QUARTER TO 2010 AND A PROMISING START TO 2011!! - JANUARY 2011

Despite the continued uncertainty in the economy and property market, specialist Commercial Agents JD Commercial seem to be bucking the tread after reporting a very successful last quarter to 2010 which saw a number of high profile sales and letting across all sectors of the commercial property.  A selection of the business sales included White Bridge House and Kennels at Umberleigh which offered an owner’s house, 4 acres and dog kennels licenced for 42, another was the well known giftware and home furnishings business in Barnstaple, Bazaar.  In the hospitality trade, the sale of Varley House Hotel, Ilfracombe, was concluded to a husband and wife partnership from Surrey, with the agents commenting that they particularly require businesses in this sector of the market to replace the properties that they have sold.  In the business premises sector a number of lettings were concluded on behalf of local Landlords including Allhalland Street in Bideford and Belle Vue in Bude.  The most noticeable letting is that in Barnstaple to Johnson and Leyland Paints who took part of the former Speedy Hire premises on Eastern Avenue, adjacent to McDonalds and Lidl.  James Doble from the agents commented “that the successful end to 2010 seems to have been carried forward into the beginning of 2011 with higher enquiry levels as well as a number of businesses having been agreed, including two well known restaurants in North Devon, a former school building, a leisure park and an Exmoor Inn”.  He goes onto say that often the key to a successful sale “is straight forward, honest and correct advice from the outset, which is what we offer from day one when we meet a client to provide them with a market appraisal, which incidentally comes at no cost to them!”  For all your commercial property needs, throughout the Westcountry, JD Commercial can be contacted on 01237 424053.

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REFURBISHED TOWN CENTRE LOUNGE BAR WITH EXTREMELY COMPETITIVE QUOTING PRICE! - JANUARY 2011

ref_1120_editorial.jpgAn extensively refurbished Town Centre lounge bar and restaurant premises have been placed on the market with commercial specialists JD Commercial.  The Public House in question is known as Corky’s Bar, located in the High Street of Ilfracombe town.  Having been refurbished in 2007 an extensive list of works was undertaken including new windows, flooring, central heating system, boiler, wiring as well as an extensive and contemporary fit out.  Being a former hotel the substantial premises is currently configured as a ground floor lounge bar with beer garden and skittle alley to the rear, first floor restaurant and commercial kitchen, and two further floors of accommodation above.  The business is for sale due to the owners having other business commitments, hence why the business is currently only operated in the evenings, giving considerable scope to new operators to increase the trade.  As a good starting base for new owners is that the premises is home to assorted pub teams, including pool, darts and skittles.  The business has been very competitively priced at £34,950, and interested parties are urged to lodge their interest early with JD Commercial Estate Agents, who can be contacted on 01237 424053 or via www.jd-commercial.co.uk.

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RETAIL UNIT CLOSE TO HARBOURSIDE AND QUAY - JANUARY 2011

ref_1119_editorial.jpgA retail unit in the perfect location for picking up seasonal trade has just been placed on the books of Commercial Agents, JD Commercial.  Situated between the Harbourside and The Quay, the double fronted retail unit is located on St James Place.  Having been a surf shop for 6 years, the current tenant is relocating next door to larger premises, owned by the same Landlords.  The shop itself is approximately 252 sq.ft (23 sq.m) and would suit a wide variety of retail trades.  Interested parties are urged to contact the agents sooner rather than later so all of the necessary lease documentation can be completed in time for the first part of the season.  From a quoting rent of £6,600 per annum more details can be obtained from JD Commercial by contacting them on 01237 424053 or online via www.jd-commercial.co.uk.

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EXTENSIVE ENTERTAINMENT BAR, RESTAURANT AND HOTEL CLOSE TO SEAFRONT – REDUCED BY £100,000 - DECEMBER 2010

ref_1065_editorial.jpgJD Commercial have been instructed in the sale of The York, situated on the main retail parade of the Somerset Town of Minehead.  Occupying a prominent corner site the property is situated between many of the national retailers in the Town and the Seafront being the location of Butlins Holiday Park.  The ground floor trading area extends to approximately 4,000 sq.ft and comprises of public bar, restaurant, conservatory and sports lounge.  The upper floors provide 15 en-suite letting bedrooms and function suite which can be accessed via the self contained street level entrance.  It is thought the upper floors could be converted to flats / apartments, subject to necessary permissions giving the building future development potential.  Deriving significant trade from wet and dry sales as well as Bed and Breakfast the business offers regular entertainment including tribute acts, karaoke, poker nights and the screening of sporting events in the “Dugout” sports lounge with surround sound and terraced seating.  JD Commercial can be contacted on 01237 424053 or via www.jd-commercial.co.uk, with details accessible online at £1,200,000.

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SUBSTANTIAL TOWN CENTRE PREMISES WITH DEVELOPMENT POTENTIAL - NOVEMBER 2010

ref_1113_editorial.jpgThe former Tavern in the Port Public House has been placed on the market with specialist commercial estate agents, JD Commercial.  Comprising of circa 8,000 sq.ft (743 sq.m) the substantial town centre property is equally suitable for reopening as a Public House / Restaurant or redevelopment.  The premises are well known and located in the town close to the High Street, Quay and car parking in Bridge Street.  Originally the premises were 6 town houses and as such could be converted back to houses or redeveloped into flats, subject to the necessary planning permissions.  As a commercial venture the premises had been adapted over the years to provide 4 individually themed bar areas, restaurant, commercial kitchen, preparation area and three flats which were utilised as staff / managers accommodation.  The entire premises are available at £555,000 with consideration given to subject to planning and even joint venture proposals.  Details can be obtained from specialist Commercial Agents, JD Commercial, who can be contacted 01237 424053 or via www.jd-commercial.co.uk.

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JD Commercial
t: 01237 424053 m: 07868 846357
42 Ridgeway Drive • Bideford • North Devon • EX39 1TW
e: sales@jd-commercial.co.uk w: www.jd-commercial.co.uk