Retail / Office Premises - South Molton

Let
Ref
1909
£8,000 (PA)
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51.017838392824, -3.8359028951065

Call 01237 424053 for more information

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Prominent Double Fronted Office / Retail Premises - Eligible for Full Rates Relief

  • Located in prominent trading location on Town's Square
  • Floor area of 482 sq.ft (45 sq.m)
  • Laminate flooring, LED lighting, kitchenette and toilet with shower
  • Suitable for a wide variety of retail / offices uses
  • Eligible for 100% business rates relief

ACCOMMODATION

Arranged as ground floor double fronted office / retail unit with kitchenette and separate toilet with shower facilities.  Specification includes laminate flooring and LED lighting.

 

GROUND FLOOR

 

OFFICE / RETAIL UNIT

Internal Width Max    21`7                 (6.60 m)

Max Depth                  28`10               (8.80 m)

GIA                             482 sq.ft          (45 sq.m)


KITCHENETTE

Eye and base units, stainless steel single drainer sink

 

TOILET

Low level w.c., shower

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

Known as the ‘Gateway to Exmoor’, South Molton is a traditional market town set in beautiful countryside and not far from North Devon’s beaches – yet it is also just 25 miles from the M5 via the main A361, and around 45 minutes from the airport at Exeter. South Molton’s resident population of 6,000 (including nearby villages) will soon be expanded thanks to the imminent 1,200 new houses outlined on the Local Plan, and will continue to be joined by visitors attracted to the town’s traditional centre and wide range of independent businesses. The notable towns of Barnstaple (11 miles), Bideford (20 miles), Ilfracombe (25 miles), Tiverton (19 miles) and Torrington (18 miles) are also nearby.

THE SITUATION

2 King Street is situated in the centre of South Molton on the Town Square.  South Molton provides good local facilities with supermarket, bank, Post Office, schools, health centre, library and the increasingly popular Pannier Market held on Thursdays and Saturdays.  There are a wide variety of operators in the immediate vicinity including Boots and Post Office

TERMS

The premises are available by way of a new lease term with short and long term propositions considered upon merit.

RATES

We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2023 Listing): £6,600 Rates Payable: £3,181 based on uniformed business rate of 48.2p in the pound.  As from April 2017 properties with a rateable value of £12,000 or less will be eligible to apply for 100% business rates relief.  Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council.

VAT

Payable, if applicable, at the prevailing rate.

ENERGY PERFORMANCE CERTIFICATE

Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

LEGAL COSTS

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

VIEWING

Strictly by prior appointment through the sole agents, JD Commercial.