Maiden Street, Barnstaple, Devon

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 located within Maiden Street adjacent to the High Street, The Strand and The Square with a number of other leisure / restaurant users close-by it is an area in the Town well known for good quality restaurants.

THE PROPERTY AND CONSTRUCTION
Being three storey premises currently configured as restaurant ground and first floor with accommodation on the second floor. Having offered a cosy and intimate dining experience there are many period features within the property including exposed stonework walls, both ground and first floor, beamed ceiling, exposed A frame roof beam and vaulted ceiling. The ground floor provides bar area and lounge and could offer covers of approximately 20, with the first floor dining room capable of circa 25 covers. Also on the first floor is a commercial kitchen with extraction system, non slip flooring with some fixtures, fittings and equipment. The second floor offers 2 rooms of accommodation plus 3 piece shower room.

THE PROPOSAL
The premises are available by way of a new 7 year lease, to be held on a full repairing and insuring basis.

THE INVENTORY
There are an element of trade fixtures, fittings and equipment which will remain in the premises. These can be used and maintained by new Tenant’s if desired. Ownership of the fixtures and fittings will remain with the Landlords.
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.

LEGAL COSTS
Each party to bear their own legal costs, if applicable.

THE ACCOMMODATION (comprises)

GROUND FLOOR

Entrance porch

BAR / RESTAURANT
44`7 x 16`2 (13.60m x 4.90m) Bar servery, wash hand basin, suitable for circa 20 covers, spiral staircase to first floor, exposed stonework, beamed ceiling

LADIES TOILET

GENTS TOILET

FIRST FLOOR

Landing area with servery desk, area suitable for additional covers if desired

RESTAURANT DINING ROOM
447 sq.ft (42 sq.m) Velux windows, exposed stonework, vaulted ceiling, A frame beams, uplighters, suitable for 20/25 covers

KITCHEN
Chiller gantry x 3, hot cupboard, water bath, extractor, 6 burner gas oven, commercial fridge, non slip flooring, tiled walls, dishwasher, stainless steel single drainer sink

SECOND FLOOR

Landing area with preparation worktop

LOUNGE / DINER
14`5 x 10`11 (4.40m x 3.30m) Carpet, radiator heating

ADDITIONAL ROOM
14`7 x 10`3 (4.45m x 3.10m) Carpet, radiator heating

3 PIECE SHOWER ROOM

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
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