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 on the Town’s High Street and is close to Tesco Express with other assorted retail, office and leisure users in the immediate vicinity including Boots Opticians, The Entertainer, Halifax and HSBC as well as independent retailers.
THE PROPERTY AND CONSTRUCTION
Being a prominent High Street premises with a double frontage and a ground floor area of circa 1,897 sq.ft (176 sq.m). Having recently operated as a café, the ground floor offers space for circa 50-60 covers and counter servery with specification including LED lighting, air conditioning, wood flooring, customer toilets, buggy park, preparation areas and wash room. There are extensive upper floors, with first and second floors totalling 2,974 sq.ft (276 sq.m), consisting of 9 rooms. It is thought these floors could be developed if desired, to function suites, business hub, owners’ accommodation etc, subject to necessary consents. The premises has previously had a pavement licence for further ‘on street’ tables and seating. The property is Grade II Listed and there is a walled garden to the rear.
THE PROPOSAL
Our client is inviting offers for the Freehold interest.
THE INVENTORY
Trade fixtures, fittings and equipment shown in the photos might be available, please contact us for more information.
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.
THE ACCOMMODATION (comprises)
GROUND FLOOR
CAFÉ
GIA 1,897 sq.ft (176 sq.m) double fronted shop premises with covers for circa 50-60, air conditioning, LED lighting, wood flooring
TOILET
DISABLED TOILET AND BABY CHANGE FACILITY
PREPARATION ROOM
LED lighting, non slip flooring
WASH ROOM
Stainless steel single drainer sink
COVERED BUGGY PARK
FIRST FLOOR
4 rooms, totalling 1,545 sq.ft (144 sq.m)
SECOND FLOOR
4 rooms, totalling 1,429 sq.ft (133 sq.m) including second staircase to first floor
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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