Prime High Street Premises - Barnstaple

Ref
1332
£450,000
(OIRO)
or
£45,000 (PA)
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51.080256634526, -4.0603836686478

Call 01237 424053 for more information

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Highly Prominent Double Fronted Retail Premises Close to M&S and Cafe Nero

  • Highly prominent trading location 2 doors from Marks and Spencer and opposite entrance to Town’s Pannier Market
  • Occupiers close by including Café Nero, WH Smith, Accessorize and Millets
  • Ground floor GIA 2,580 sq.ft (240 sq.m), plus ancillary storage over 3 floors of 3,280 sq.ft (305 sq.m)
  • Specification including double frontage, air conditioning (ground floor), radiator heating (upper floors)
  • Available by way of a new lease

THE ACCOMMODATION(comprises)

 

GROUND FLOOR

RETAIL UNIT

Shop Depth                 99`8 (30.35m)

Max Width                  31`10 (9.70m)

Net frontage                28`0 (8.55m)

GIA 2,580 sq.ft (240 sq.m) Double frontage, retail lighting, stainless steel electrical trunking, fire system, rear entrance and goods lift (not tested)

 

FIRST FLOOR

1,937 sq.ft (180 sq.m) Consisting of main open plan store with goods lift (not tested), 2 x offices, storeroom

 

SECOND FLOOR
 

543 sq.ft (50 sq.m) Consisting of gents toilet and cloakroom, ladies toilet and cloakroom, 2 storerooms

 

BASEMENT

800 sq.ft (74 sq.m)

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: [email protected]

LOCATION

With over 40,000 inhabitants including nearby villages, Barnstaple is a thriving town near to beautiful beaches and countryside, and the centre of North Devon in commerce, culture, education and service provision. It has a wide variety of businesses attracting tourists and permanent residents year-round, including a vibrant and diverse collection of bars and restaurants for evening footfall. Barnstaple is easily reached via the A361 which leads to the M5 at Junction 27, has a station with hourly trains to Exeter at peak times, and Exeter airport is an hour away. The town is rapidly expanding with several new housing and commercial developments currently underway, and more than 5,000 new houses and further economic development planned for the near future. The notable towns of Bideford (9 miles), Woolacombe (14 miles), Ilfracombe (12 miles), South Molton (12 miles) and Torrington (14 miles) are also nearby.

THE SITUATION

Occupying a highly prominent High Street location, 2 doors from Marks and Spencer and opposite the entrance to both the Pannier Market and Butchers Row. The Pannier Market has recently been refurbished with Local Authority funding redeveloping the top entrance of Butchers Row to direct pedestrian footfall down into the High Street with the premises being immediately visible at this access point to the High Street.  There are a wide variety of national retailers close by including O2, Café Nero, WH Smith and Accessorize.

THE PROPERTY AND CONSTRUCTION

The highly prominent Grade II Listed premises is of 3 storey construction with double frontage shop display and double access doors at ground floor with red brick elevations above.  There is a latter two storey extension to the rear with extends the ground floor sales area and provides further first floor storage.  Internally there are two staircases to the upper parts. The ground floor provides a GIA of 2,580 sq.ft (240 sq.m) plus first floor of 1,937 sq.ft (180 sq.m), second floor of 543 sq.ft (50 sq.m) and basement of 800 sq.ft (74 sq.m).  Specification includes ground floor air conditioning, retail lighting, stainless steel electrical tracking, fire system, first and second floor central heating, toilet facilities, rear entrance and goods lift (not tested).

THE PROPOSAL 

The premises are available by way of a new lease, to be held on a full repairing and insuring basis.  Alternatively they will consider the Freehold sale of the property.

RATES

We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2023 Listing): £57,500.  Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council. photographs 

VAT

Payable, if applicable, at the prevailing rate.