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COMMERCIAL

42 Boutport Street, Barnstaple, EX31 1SE

Guide Price
£150,000
McHugh & Co, London
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Description

LOT 50A **FOR SALE BY ONLINE AUCTION** on 15th May 2025

Virtual Freehold Shop Investment

Situated on Boutport Street, in a central position close to the amenities available in Barnstaple Town Centre including Barnstaple Train Station.

A Terrace Ground Floor Shop of approximately 157 Sq M with accommodation comprising:

Retail Premises

Let on a lease to Coral for a term of five years expiring 2027 at £22,500 per annum.

Leasehold. A new 999 years lease is to be granted at a peppercorn ground rent.

Note: The measurements were provided by the vendor. Buyers must rely on their own enquiries.

Producing: £22,500 per annum

Inspection:
By arrangement with the Auctioneers

EPC Rating
TBC

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

Brochures

Online Bidding

42 Boutport Street, Barnstaple, EX31 1SE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station0.5 miles
  • Chapleton Station4.7 miles

About McHugh & Co, London

71 Parkway, London, NW1 7PP

We are leading UK Auctioneers and hold regular sales throughout the year. We sell a wide variety of Residential, Commercial and Investment Property throughout London and the Greater London Area.

We are open Monday to Friday 9am - 6pm and Saturdays 9:30am - 1pm.

At McHugh & Co, we aim to ensure our customers needs are met by our professional and attentive team of staff. Having been established in 1983, we have an extensive knowledge of the property market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 290633. 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 McHugh & Co, London. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call McHugh & Co, London on 020 3907 9877.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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