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 Riverside Offices complex is a modern development of varying size office suites. They are conveniently located in a town centre position opposite the Cattle Market car park with the Town’s High Street a short level walk away.
THE PROPERTY AND CONSTRUCTION
The premises are accessed via an external steel staircase and then internal steel stair case to second floor level. The suite offers 4 x offices comprising main office, glazed partition managers office, 2 x individual offices, reception / waiting area, kitchen and toilet facilities. Specification includes suspended ceilings with recessed lighting, carpet, modern storage heaters and secondary glazing. There are two access doors, one at each end of the offices, meaning the offices could be split and tenanted by 2 occupiers.
THE PROPOSAL
The premises are available by way of a new lease, with a service charge payable for maintenance of the shared areas of the property, est. £170 per quarter and water, sewerage and refuse collection of £195 per quarter.
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 (2026 Listing): £8,300 Rates Payable: £4,166 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £12,000 or less will be eligible to apply for 100% business rates relief. Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council.
VAT
If applicable, at the prevailing rate.
LEGAL COSTS
Each party to bear their own legal costs.
THE ACCOMMODATION (comprises)
MAIN OFFICE
692 sq.ft (64 sq.m) Secondary glazing, carpet, false ceiling with recessed strip lighting, electrical and comms trunking, electric heating
KITCHEN
Vinyl flooring, worktop, stainless steel single drainer sink
LADIES AND GENTS TOILETS
OFFICE
116 sq.ft (11 sq.m) Carpet, false ceiling with recessed strip lighting
REAR RECEPTION AND OFFICE
329 sq.ft (31 sq.m) Feature curved partition creating additional office, second office entrance to reception, carpet, false ceiling with recessed strip lighting, electric heating
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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