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 The Entertainer Toy Shop with other assorted retail, office and leisure users in the immediate vicinity including Boots Opticians, Tesco Express, Halifax and HSBC as well as many independent retailers.
ACCOMMODATION
Being a ground floor lock up retail unit, the premises has a double fronted window display and entrance doors. The retail area extends to 540 sq.ft (50 sq.m) with further space including office/storage, cloakroom and toilet totalling 220 sq.ft (20 sq.m). Specification includes carpet tile flooring, false ceiling with recessed LED lighting.
Internal Width 12`0 (3.65 m)
Shop Depth 45'0 (13.70 m)
Gross Internal Area 540 sq.ft (50 sq.m)
Partition wall creating office/storage, toilet and cloakroom of a further 220 sq.ft (20 sq.m), The shop/storage partition could also be adjusted to tenant's needs.
PROPOSAL
The premises are available by way of a new internal repairing and insuring lease, with a contribution towards external repairs, capped at £200 per month. The property was decorated externally in 2023.
PLANNING
A variety of uses within Class E of the Town and Country (Use Classes Order 1987).
RATES
We are advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2026 listing): £16,250 Rates Payable: £8,158 based on uniformed business rate of 50.2p in the pound. Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council. We understand the previous Tenants had a 75% rates reduction through the retail, hospitality and leisure scheme.
ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.
LEGAL COSTS
Each party is responsible for their own legal costs incurred in the transaction.
VIEWING
Strictly by prior appointment through the Sole agents, JD Commercial .
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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