Mill Street, Bideford, Devon, EX39

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 situated within the centre of the pedestrianised area known as Mill Street which connects Bridgeland Street and the town's High Street. Mill Street has undergone considerable investment of recent including a mixed residential and commercial development scheme close by.

LEASE
The premises are available by way of a new lease term to be held on an internal repairing and insuring basis plus maintenance and decoration of the shop front.

RENT
£9,000 per annum for the ground floor shop unit
£10,500 per annum for the ground floor shop unit and first floor space
£13,000 per annum for the entire building including rear workshop

VAT
Payable, if applicable, at the prevailing rate.

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

RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2023 Listing): £15,500 Rates Payable: £7,781 based on uniformed business rate of 50.2p in the pound. This assessment includes the first floor space and rear workshop which have a combined Rateable Value of £3,779 at present. As from April 2017 properties with a rateable value of £12,000 or less will be eligible to apply for 100% business rates relief. Occupiers are advised to make their own enquiries of Torridge District Council.

LEGAL COSTS
Each party is responsible for their own legal costs incurred in the transaction.

ACCOMMODATION
Being a double fronted lock up shop unit, with office, rear store, kitchenette and toilet facilities. There is additional first floor space suitable for storage, office or workspace as well as a rear workshop both of which are available by way of separate negotiation. The premises benefits from the following approximate dimensions and areas:-

GROUND FLOOR

Gross Frontage 19'5 (5.95 m)
Net Frontage 15'0 (4.55 m)
Internal Width Max. 15'10 (4.80 m)
Shop Depth 58'5 (17.80 m)

Net Internal Area 925 sq.ft (86 sq.m)
Office 130 sq.ft (12 sq.m)
Rear storage 172 sq.ft (16 sq.m)

The premises has a tiled floor, strip lighting and radiator heating. The first floor space provides an additional 647 sq.ft (60 sq.m) and has laminate flooring, sky lights and lighting.

The rear workshop has a GIA of 1,695 sq.ft (157 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: