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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 27,500 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. 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:


GROUND FLOOR 

MAIN TAKEAWAY 
width 3.35m x depth 8.13m - Access to

UNDERSTAIRS LOBBY/OFFICE AREA 

REAR THROUGH HALLWAY 

PREPARATION AREA 
1.63m x 4.34m

MAIN KITCHEN 
4.34m 3.94m - Access to

COLD ROOM 
2.39m x 2.0m

REAR INNER HALLWAY 

SHOWER ROOM/WC 

SERVICES 
Mains electricity, water, drainage.

RATEABLE VALUE 
£10,000 per annum. UBR, as of April 2017, 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.

VIEWING 
Strictly by appointment through the selling agent.

WEBBERS DO NOT 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

More information from this agent

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Barnstaple (0.5 mi)
  • Chapleton (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barnstaple (0.5 mi)
  • Chapleton (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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.

Map data OpenStreetMap contributors.