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Castle Park Road, Barnstaple, Devon, EX32

Offers in Region of
£245,000

Business rates & charges may apply

JD Commercial, Devon
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SECTOR

Light industrial facility for sale

Key features

  • Modern premises with insulated roof and elevation panels
  • GIA 3,185 sq.ft (296 sq.m) including reception office, meeting room and canteen
  • Mezzanine floor with metal staircase 1,057 sq.ft (98 sq.m)
  • Specification including Three Phase Electricity, 10% translucent roof panels, LED lighting, radiator heating, toilet and shower facilities
  • Parking to front plus Estate visitor parking
  • Tenant having been in occupation since 2019 with current 4 year lease until 2028
  • Current rental £18,600 pa
  • Business unaffected

Description

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 is situated just off the A361 / A39 Link Road on the established Business Park of Castle Park Road. Occupants close include Rexel Electrical, Brandon Hire Station and Plumbase.

THE PROPERTY AND CONSTRUCTION
Being an end of terrace industrial / business unit, the premises has brick work to the front elevation to circa 7` (2.15 m) with insulated cladding above under a pitched roof with insulated profiled roof cladding and approximately 10% translucent roof panels. Specification includes roller shutter door, Three Phase electricity, power floated floor, personnel access door, gas central heating, reception office, meeting room, canteen, toilet and shower facilities, Three Phase Electricity and a mezzanine floor. The unit measures 65`0 x 48`11 (19.80m x 14.90m) with a GIA of 3,185 sq.ft (185 sq.m) and a mezzanine floor of 1,057 sq.ft (98 sq.m). To the front of the unit is parking for 3 vehicles plus apron in front of the roller shutter door, with further visitor customer / visitor spaces on the Estate.

THE PROPOSAL
Our clients are inviting offers for the Freehold interest which is sold with the benefit of the existing commercial lease. It should be noted that the sale of the property does not affect the operation of the business.

THE LEASE
Having been in occupation since 2019 the lease was renewed in 2024 as follows: 4 year lease term at a rent of £18,600 pa, rent review in 2026. Lease held on a full repairing and insuring basis subject to a Schedule of Condition which is annexed to the lease. There is a Tenant's break option in June 2026, with 6 months prior written notice.

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

VAT
If applicable, at the prevailing rate.

THE ACCOMMODATION (comprises)

GROUND FLOOR

INDUSTRIAL / WAREHOUSE UNIT
GIA 3,185 sq.ft (296 sq.m) Roller shutter door, power floated floor, 10% translucent roof panels, three phase electricity, LED lighting, reception entrance office, meeting room, canteen, toilet and shower facilities. Mezzanine floor of 1,057 sq.ft (98 sq.m).


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
TEL: / E-MAIL:

Brochures

Castle Park Road, Barnstaple, Devon, EX32

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station1.7 miles
  • Chapleton Station3.9 miles

About JD Commercial, Devon

42 Ridgeway Drive, Westward Ho, EX39 1TW

Having experience in Commercial Estate Agency since 1996, the company JD Commercial is headed up by James Doble who during his time in the Commercial market has established the importance of service in achieving successful results.

Whether it is the sale of a Leisure Property such as a Hotel or Tea Room to a private buyer, or the letting of a High Street Retail Unit to a plc, the importance of communication between all parties involved in the transaction is key. This is all brought together through JD Commercial. After all, once a purchaser is found this is often where the hard work begins.

Having the understanding that not only a purchaser's solicitor will be instructed at the point of sale, but often a Surveyor / Valuer, Bank Manager and Accountant means that we have the understanding of what is required from each party. Knowing exactly at what stage a transaction is means unnecessary costs and time delays can be avoided, as well as both vendor and purchaser experiencing a smooth transaction.

Being 100% dedicated to the Commercial Property market we do not split our time between Commercial and Residential property and as such all of our time and marketing is aimed at the Commercial sector. With our wealth of experience we have certainly noticed a change, over the years, of the ways and formats of achieving interest in property and can offer traditional or more contemporary solutions on how to market a property.

We deal with all types of Business Premises and Commercial Property throughout Devon, Cornwall and Somerset, of which they can generally be split into two sectors:- Hospitality Trade / Business Transfer and Commercial Business Property.

Hospitality Trade and Business Transfer:

Hotels / Guest Houses / Guest Accommodation and Bed & Breakfast

Public Houses / Inns, free of tie and tied

Self Catering Complexes / Camping and Caravan Sites

Catering Trade from Tea Rooms to Sandwich Bars

Business Transfer, lock up or with accommodation, such as Post Offices and Convenience Stores

Commercial Business Premises:

Retail Units

Industrial Premises

Office Accommodation

Investment Property

Development Land

Notes

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Disclaimer - Property reference 1306. 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 JD Commercial, Devon. 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.

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