Riverside Road, Barnstaple, Devon, EX31

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
The property occupies a prominent location on Riverside Road. There are assorted users in the immediate vicinity including Screwfix, Driving Standards Agency, Crown Paint and Howdens Joinery.

THE PROPERTY AND CONSTRUCTION
The premises fronts Riverside Road and consists of 949 sq.ft (88 sq.m) which offers main open plan office, meeting room and managers office. Specification includes gas central heating, double glazing, double entrance door, carpet, strip lighting, comms trunking. There is shared use kitchen, toilets and storage with one other occupier within the building. There is car parking to the front of the premises for 5 vehicles.

THE PROPOSAL
The premises are available by way of a new lease, with a service charge payable for maintenance of the exterior of the property.

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

RATES
The premises currently forms part of a larger assessment with a Rateable Value (2023 Listing): £17,000. Once a new letting is complete and the premises split the Rateable Value will be reassessed and it is hoped that it will be below £12,000, thus making it 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
We understand the property is elected for VAT, at the prevailing rate.

LEGAL COSTS
Each party to bear their own legal costs.

THE ACCOMMODATION (comprises)

MAIN OFFICE
GIA 949 sq.ft (88 sq.m) Double glazed entrance door, open plan office with carpet, double glazing, radiator heating, strip lighting, comms trunking and incorporating meeting room and managers office divided with glazed partitioning.

There is one other occupier within the building, who have their own separate access, with the toilets, kitchen and storage being shared with this occupier.

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
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