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 on the High Street benefiting from a prominent double frontage. Occupiers in the immediate vicinity include Vision Express and Specsavers as well as a wide variety of independent retail, office and leisure users. The Towns historic quayside area is also close by.
THE PROPERTY AND CONSTRUCTION
The main building is of three storey construction with a double shop front at ground floor, rendered elevations above, under a pitched slate roof. There have been latter extensions to the rear to provide further floorspace and these are a combination of slate and fibreglass roofs. The total ground floor is 1,119 sq.ft (104 sq.m) plus toilet and cloakrooms, as well as access to a rear yard. The first and second floors provide a variety of office and storage space totalling 1,212 sq.ft (113 sq.m). Specification of the premises includes LED lighting, fire system and rear yard.
THE PROPOSAL
Our clients are inviting offers for the Freehold interest, with the benefit of the existing lease to The Children’s Society (Church of England Children's Society) with a lease commencement of July 2026 at a rent of £10,500 pa. The 5 year lease is held on an internal repairing and insuring basis with the tenant’s having been in occupation since 2015. There is a Tenant’s only break clause at year 3.
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 premises
Shop Depth 37`3 (11.35 m)
Internal Width 16`3 (4.95 m)
Gross Internal Area 605 sq.ft (56 sq.m)
Partition wall creating rear storage of 514 sq.ft (48 sq.m). Toilet, cloakroom and rear yard
FIRST FLOOR
Currently configured as storage and offices, 4 rooms totalling 792 sq.ft (74 sq.m)
SECOND FLOOR
Currently configured as storage, 3 rooms totalling 420 sq.ft (39 sq.m)
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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