This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Shop for sale

Boutport Street, Barnstaple, Devon, EX31

£130,000

Property Description

Full description

Tenure: Leasehold

LOCATION
The subject premises occupy a secondary trading position, opposite the junction of Boutport Street and Bear Street, adjoining Bond Oxborough Phillips Estate Agents on one side and Midwinter Koval Letting Agents on the of the side, opposite Staggs Estate Agents and close to the Queen's Theatre. Therefore the property is in a highly visible and convenient location.

Barnstaple is considered North Devon's premier commercial centre having a population in excess of 35,000 inhabitants and serving a rural hinterland with a population in excess of 130,000 inhabitants.

THE PROPOSAL
We are acting on behalf on the Landlord who has let the ground floor lock-up premises as a takeaway on the residue of a 20 year lease at a current rent of £10,000 per annum. With an ingoing premium of £130,000. We understand the rent review pattern is every 5 years and the lease is based on full repair and insuring terms. A copy of the lease is available for inspection at the agent's offices.

This investment opportunity provides a guaranteed income from this ground floor lock-up unit.

The purchase price is for the Ground Floor which is on a 999 year lease from September 1998.

The accommodation briefly comprising:


More information from this agent

Energy Performance Certificate (EPC) graphs

Map & Street View

Disclaimer - Property reference BAR130094. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers Property Services, Barnstaple. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.