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Torrington Street, Bideford, Devon, EX39

Offers in Region of
£175,000

Business rates & charges may apply

JD Commercial, Devon
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SECTOR

Office for sale

Key features

  • In total comprising of approximately 3,278 sq ft (305 sq m)
  • Two refurbished office suites overlooking River Torridge providing 774 sq.ft (72 sq.m)
  • Remainder of accommodation used for storage and in need to renovation and refurbishment
  • On-site parking and gated entrance
  • Riverside views
  • Suitable for owner occupation / investment and a wide variety of uses including office, workspace, workshop and storage
  • Eligible for 100% small business rates relief

Description

LOCATION
With a resident population of around 32,000 including nearby villages, Bideford is the second largest town in North Devon, and the town has a reputation as a pleasant place to live, work and visit. In recent years Bideford has benefited from lots of investment and development, including the ongoing Atlantic Park retail area and improvements to the historic town centre and quayside, and the current Local Plan allows for a further 4,000 homes plus leisure facilities. Bideford is within 3 miles of some well-known North Devon locations such as Appledore, Westward Ho!, Instow and Northam and only 9 miles from the area's commercial centre of Barnstaple. It is also within a half-hour's drive of Exmoor National Park, the beaches around Woolacombe, Croyde and Saunton, and the Devon-Cornwall border.

THE SITUATION
The property is located on the lower part of an area of Bideford known as East-the-Water. Situated alongside the river and with river views, the premises has an assortment of residential and commercial operators in the immediate vicinity including carpet storage, tyre depot and public house.

THE PROPERTY AND CONSTRUCTION
The main buildings are of stone built construction with rendered elevations under pitched slate roofs. Part of the property has been refurbished and provides two office suites, both overlooking the River Torridge, totalling 774 sq.ft (72 sq.m) whilst the remainder of the premises is currently used for storage and requires renovation and refurbishment. These refurbished parts have specification including false ceiling, LED lighting, toilets and kitchen space, comms trunking and electric office. Suite 1 provides open plan space of 426 sq.ft (40 sq.m) whilst office suite 2 is 348 sq.ft (32 sq.m) configured as 3 offices. In total the ground floor provides 3,278 sq.ft (305 sq.m), plus some first floor space of 350 sq.ft (33 sq.m). To the front of the premises is car parking and a gated entrance.

PROPOSAL
Our clients are inviting offers for the Freehold interest.

RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2023 Listing): £10,500 Rates Payable: £5,271 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £15,000 or less are eligible to apply for business rates relief. Occupiers may qualify for reliefs and are advised to make their own enquiries of Torridge District Council.

LEGAL COSTS
Each party is to bear their own legal costs.

VAT
If applicable, at the prevailing rate.

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

THE ACCOMMODATION (comprises)

OFFICE SUITE 1
426 sq.ft (40 sq.m) Views of River Torridge from triple windows, false ceiling with recessed LED lighting, electrical trunking, electric heating, parquet flooring, kitchenette and storage, ladies and gents toilets

OFFICE SUITE 2

Entrance lobby with double glazed door

OFFICE
111 sq.ft (10 sq.m) Parquet flooring, fitted worktop, electric heating, full height floor to ceiling

OFFICE
113 sq.ft (10 sq.m) Parquet flooring, river views, false ceiling with recessed LED lighting, electric heating

OFFICE
124 sq.ft (12 sq.m) Parquet flooring, river views, false ceiling with recessed LED lighting, electric heating

TOILET

KITCHEN
Eye and base units, stainless steel single drainer sink, worktop, storage area

SHOWER ROOM

WORKROOMS

These areas are in need of renovation and refurbishment. Separate access

WORK ROOM 1
387 sq.ft (36 sq.m)

WORK ROOM 2
978 sq.ft (91 sq.m)

WORK ROOM 3
220 sq.ft (20 sq.m)

WORK ROOM 4
527 sq.ft (49 sq.m)

WORK ROOM 5
251 sq.ft (23 sq.m)

FIRST FLOOR

ROOM 1
197 sq.ft (18 sq.m)

ROOM 2
199 sq.ft (18 sq.m)

OUTSIDE
To the front of the premises is a yard area with parking for approximately 8 cars.

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

Torrington Street, Bideford, Devon, EX39

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station7.3 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

These notes are private, only you can see them.

Disclaimer - Property reference 1319. 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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