Retail Property (High Street) for sale in Devon
LOCATION
The premises are located within a few yards of the recently re-designed and newly landscaped town Square and Museum and the junction of lower High Street and Boutport Street. The premises adjoin Chequers Estate Agents on one side and a Nail Bar within level walking distance of all town centre amenities. It is also convenient to the main Barnstaple Bus Station and the large Queen Street Car Park.
Barnstaple is recognised as the premier commercial centre of North Devon with a population in excess of 35,000 inhabitants. This is an expanding town with new housing stock being built and new retail opportunities on the opposite side of the River.
THE PREMISES
The property is the former TSB Bank premises being a mid-terrace commercial building with the ground floor offering 800 sq ft of retail space and the benefit of a mezzanine floor for selling purposes. To the rear there are 2 stock rooms, staff room and kitchenette.
It should be noted that the upper floors have been sold off on a long leasehold basis. The premises would be ideal for a number of retail trades or indeed as professional offices or even possibly catering, subject to any necessary planning consent that may be required.
GROUND FLOOR Built depth 57' (17.37m). Gross retail area 800 sq.ft (74 sq.m) Net internal frontage 18' (5.49m) Nett internal depth 42' (12.8m). Pine mezzanine area with pine tread staircase providing first floor area of approximately 220 sq ft. The main shop has been fitted with carpet having a suspended ceiling, recessed lighting, high floor to ceiling with internal staircase to mezzanine and a full range of fitted peg boarding for display materials. To the rear is a coffee bar area servery, beyond that is access to an inner lobby/kitchen area with sink unit and door to further inner lobby and door to cloakroom.
STOCK ROOM ONE Being the original bank vault with secure door and beyond access to:
STOCK ROOM TWO 9'6" (2.9m) x 7'1" (2.16m) irregular shape.
AGENTS NOTE The premises are ideal for potential catering use which the Landlord has investigated by an enquiry to the planners who have responded in a favourable way, subject to planning permission. The vendor will be will to offer the sale of the freehold for £185,000 or to rent the leasehold for £16,500 per annum.
SERVICES Mains electricity, water and drainage.
RATEABLE VALUE £12,500 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
VAT We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC
VIEWING Strictly by appointment with the selling agent
WEBBERS DON'T JUST SELL HOUSES Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.
WANT TO KNOW MORE? We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk
Important information
This is a Freehold property.
Property Ref: 55707_BAR171451
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