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 premises are situated on Buller Road just off Queen Street and the entrance to the Bus Station. Queen Street is a major pedestrian and vehicular thoroughfare with a wide variety of office, retail and leisure users in the immediate vicinity.
THE PROPERTY AND CONSTRUCTION
A rare opportunity to rent sizable workshop premises in the Town Centre with the property extending to over 3,000 sq.ft (279 sq.m). For years the property has been used as carpentry workshop and showroom and is now available for immediate occupation if desired. The main workshop is 2,174 sq.ft (202 sq.m) with adjoining office/showroom of 880 sq.ft (82 sq.m) with a floor above (323 sq.ft) providing staff room, toilet and office. Specification of the premises includes roller shutter door, personnel door and gazed frontage to office, electrical sockets, lighting, concrete floor, insulated roof, roof height in workshop of 16`4 (4.95m). To the side of the property is a gated area of concreted land which is available by separate negotiation and is thought could be used for parking a number of vehicles if desired.
THE PROPOSAL
The premises are available by way of a new fixed term lease, with no automatic renewal rights as our clients maybe utilising the premises once the lease expires, although they would grant a lease as long as 10 years.
ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.
RATES
We are advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2023 Listing): £13,250 Rates Payable: £6,652 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £15,000 are eligible to apply for an element of small business rates relief. Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council.
VAT
Applicable, at the prevailing rate.
LEGAL COSTS
Each party to bear their own legal costs.
THE ACCOMMODATION (comprises)
MAIN WORKSHOP
GIA 2,174 sq.ft (202 sq.m) Concrete flooring, roller shutter access door, lighting, electrical sockets, height to ceiling 16`4 (4.95m)
ADJOINING RECEPTION OFFICE AND SHOWROOM
GIA 880 sq.ft (82 sq.m) Double glazed window frontage and access door, carpet, lighting, configured as front reception and rear showroom
FIRST FLOOR
GIA 323 sq.ft (30 sq.m) Configured as office/store, staff room and toilet facilities
OUTSIDE
To the side of the property, available by separate negotiation, is a gated car parking area of nearly 5,000 sq.ft (465 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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