JD Commercial Property Directory

HIGHLY PROMINENT ROADSIDE A1 RETAIL UNIT OF 4,572 SQ.FT (425 SQ.M), SUBJECT TO PP

LOCATION

Geographically, Barnstaple sits on the banks of the River Taw near the North Devon coastline.  The area enjoys a unique topography with an extensive sandy beach coastline and close proximity to Exmoor National Park. Barnstaple has expanded from its market town origins, to become the area's Regional Centre.  Several national house builders are completing residential developments within the town and its suburbs.   Commercially the town contains many of the major national retailers and several edge of town developments have been completed.   The sustained wealth and growth of the area has been enhanced following the building of the A361 linking North Devon to the M5 at Tiverton.  The road network has been further enhanced by the construction of the downstream bridge at an estimated cost of £40m.

THE SITUATION

The high profile premises are located on Eastern Avenue and Old Station Road which has approximately 20,000 traffic movements per day, with Eastern Avenue being the main arterial road into Barnstaple just off the North Devon Link Road (A361). 

DESCRIPTION

Being a former Peugeot showroom, which during 2003 the premises were converted to provide two retail showrooms, trade counter unit and two storey offices premises.  Other occupiers in this development include Majestic Wine, Enterprise Car Hire and Archant (producing the local newspaper the Gazette and Advertiser).  Adjoining the site, occupiers include McDonalds Restaurant and Lidl supermarket.

TERMS

The premises are made available by way of a new 10 year lease, to be held of full repairing and insuring terms.  Currently the unit has planning permission for trade counter B1 and B8 use, with the Landlord submitting an application for open A1 consent.  As such any transaction would be subject to the necessary approvals being received.  The plans being submitted with the planning application include glazed frontages to the front and rear of the unit, which can be installed at the Landlords costs subject to rental negotiations.

SPECIFICATION

The Landlords will consider any individual specification that tenants may have which could be incorporated within the scheme.

THE ACCOMMODATION (comprises)

Ground floor GIA 4,224 sq.ft (392 sq.m)
First floor GIA 348 sq.ft (32 sq.m)

SERVICES

All mains connected.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

If applicable at the prevailing rate.

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