High Street, Bideford, Devon
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Mixed use
- Frontage
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No floor / site plan
Key features
- Freehold licensed 7 bedroom HMO with communal kitchen arranged over three upper floors
- Previously let for £44,000 per annum
- Separate self-contained ground-floor office with main office, side office, kitchenette and WC
- Conversion and improvement works undertaken in 2020
- Rear parking and garage available by separate negotiation
- Bideford town-centre location, close to shops and amenities
Description
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 premises are situated on the High Street and can also be accessed from New Street. The Towns historic quayside area is close by which is also the location for much of the Towns car parking. Occupiers in the immediate vicinity include Vision Express, Costa Coffee and Poundstretcher.
THE PROPERTY AND CONSTRUCTION
Being of four storey construction under a pitched slate roof, the ground floor single fronted office unit provides two rooms, kitchenette and toilet totalling 408 sq.ft (40 sq.m). During 2020 refurbishment works of the office were undertaken as well as conversion of the upper floors to a 7 bedroomed HMO, each with electric heating. Both parts have self contained access with the HMO accessed from the rear. There is also a gated yard, suitable for car parking, and a garage / store which is available by separate negotiation if desired. The property is Grade II Listed.
THE PROPOSAL
Our clients are inviting offers for the Freehold interest, which was last let as an HMO for £44,000 per annum to a sheltered housing operator. If let direct to individual Tenants it is thought income could be higher again.
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
OFFICE UNIT
Single fronted shop unit, false ceiling with recessed LED lighting, modern electric heating, carpet tiles, kitchenette, toilet and side office. Totalling 408 sq.ft (40 sq.m).
KITCHEN
For use with the upper floor accommodation, eye and base units, worktops, double oven, inset hob, extractor hood
KITCENETTE
TOILET
WALK IN AIRING CUPBOARD
FIRST FLOOR
Landing
BEDROOM ONE
Carpet. Electric heating
BEDROOM TWO
Carpet. Electric heating
3 PIECE SHOWER ROOM
SECOND FLOOR
Landing
BEDROOM THREE
Carpet. Electric heating
BEDROOM FOUR
Carpet. Electric heating
BEDROOM FIVE
Carpet. Electric heating
THIRD FLOOR
BEDROOM SIX
Carpet. Electric heating
BEDROOM SEVEN
Carpet. Electric heating
3 PIECE SHOWER ROOM
OUTSIDE
To the rear of the property, accessed from New Street, is a gated access and emergency fire escape for the upper floors. There is a gated area for parking and a garage / store which is available by separate negotiation if desired.
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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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Having experience in Commercial Estate Agency since 1996, the company JD Commercial is headed up by James Doble who during his time in the Commercial market has established the importance of service in achieving successful results.
Whether it is the sale of a Leisure Property such as a Hotel or Tea Room to a private buyer, or the letting of a High Street Retail Unit to a plc, the importance of communication between all parties involved in the transaction is key. This is all brought together through JD Commercial. After all, once a purchaser is found this is often where the hard work begins.
Having the understanding that not only a purchaser's solicitor will be instructed at the point of sale, but often a Surveyor / Valuer, Bank Manager and Accountant means that we have the understanding of what is required from each party. Knowing exactly at what stage a transaction is means unnecessary costs and time delays can be avoided, as well as both vendor and purchaser experiencing a smooth transaction.
Being 100% dedicated to the Commercial Property market we do not split our time between Commercial and Residential property and as such all of our time and marketing is aimed at the Commercial sector. With our wealth of experience we have certainly noticed a change, over the years, of the ways and formats of achieving interest in property and can offer traditional or more contemporary solutions on how to market a property.
We deal with all types of Business Premises and Commercial Property throughout Devon, Cornwall and Somerset, of which they can generally be split into two sectors:- Hospitality Trade / Business Transfer and Commercial Business Property.
Hospitality Trade and Business Transfer:
Hotels / Guest Houses / Guest Accommodation and Bed & Breakfast
Public Houses / Inns, free of tie and tied
Self Catering Complexes / Camping and Caravan Sites
Catering Trade from Tea Rooms to Sandwich Bars
Business Transfer, lock up or with accommodation, such as Post Offices and Convenience Stores
Commercial Business Premises:
Retail Units
Industrial Premises
Office Accommodation
Investment Property
Development Land
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Disclaimer - Property reference 1441. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JD Commercial, Devon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.










