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 subject property is situated within the High Street close to the junction for Cross Street. There are assorted retail, office and leisure users in the immediate vicinity including Fat Face, Tesco Express and Millets as well as many strong independent retailers.
THE PROPERTY AND CONSTRUCTION
Being of three storey construction under a pitched slate roof, there is a double fronted shop unit at ground floor level, let to British Heart Foundation, which extends to 1,412 sq.ft (131 sq.m) with kitchen and toilet facilities. The upper floors, which have self contained entrances to the front (High Street) and rear (Church Walk), are configured as 8 serviced office suites with shared kitchen and toilet facilities. There are electric radiators with timers within the offices and communal parts. The whole property extends to 4,568 sq.ft (426 sq.m).
THE PROPOSAL
The property is being taken to auction online with an end date and time of midday on the 30th September 2026. Online auction via
TENANCIES
Shop Unit – Currently let to British Heart Foundation at a rent of £23,500 per annum on a 5 year lease term from March 2023, break clause not taken in 2026. The Tenant’s were in occupation on a 15 year lease prior to this. The lease is held on a full repairing and insuring basis by way of service charge.
First and Second floor offices: Vacant possession. (We understand they were previously let for £25,800 pa as individual office suites (with water, electric and wi-fi included), although potential for redevelopment subject to PP with front and rear staircases / access points).
AUCTION LEGAL PACK & FINANCE
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page ( is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
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
Double fronted shop unit, 1,412 sq.ft (131 sq.m) including 2 x stockrooms, office, kitchen and toilet facilities.
FIRST FLOOR
Front entrance from High Street, lobby and intruder alarm
Hallway with
OFFICE
18`6 x 13`4 (5.65m x 4.05m)
Landing and hallway
OFFICE 4
21`0 x 13`11 (6.40m 4.20m)
OFFICE 5
21`3 x 17`10 (6.50m x 5.45m)
OFFICE 6
13`7 x 12`11 (4.15m x 3.95m)
SECOND FLOOR
Accessed from rear staircase
OFFICE 7
21`0 x 13`11 (6.40m 4.20m)
LADIES TOILET
GENTS TOILET
KITCHEN
Eye and base units
Accessed from front staircase
OFFICE 2
17`2 x 11`2 (5.25m x 3.40m)
OFFICE 3
13`1 x 11`2 (4.00m x 3.40m)
OFFICE 8
21`1 x 16`7 (6.45m x 5.05m)
IMPORTANT INFORMATION
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
PRICE INFORMATION
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at or contact us for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back.
AUCTIONEERS NOTES
Please refer to all legal documents for this Lot in case any additional fees and reimbursements are listed in addition to the purchase price.
AUCTION INFORMATION
**Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
PRICING INFORMATION
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions, 247 Property Auctions and JD Commercial shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
REFRESHING THE PAGE
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DISCLAIMER
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions and JD Commercial. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
Commercial Funding
Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.
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.
5. 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.
VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL:
