£150,000
(£150,000.00/sq. ft)
Retail premises for saleBoutport Street, Barnstaple EX31
1 sq. ft
About this property
The premises are located within a few yards of the town Square and Museum and the junction of lower High Street and Boutport Street. The premises adjoin an Estate Agents on one side and is within level walking distance of all town centre amenities. It is also convenient to the main Barnstaple Bus Station and the large Queen Street car park. Barnstaple is recognised as the premier commercial centre of North Devon with a population in excess of 35,000 inhabitants. This is an expanding town with new housing stock being built and new retail opportunities on the opposite side of the river.
The premises
The property is the former TSB Bank premises being a mid-terrace commercial building with the ground floor offering 800 sq ft of retail space and the benefit of a mezzanine floor for selling purposes. To the rear there are 2 stock rooms, staff room and kitchenette. It should be noted that the upper floors have been sold off on a long leasehold basis. The premises are now let at £12,000 rental per annum and therefore would be ideal for an investor.
Utilities and services
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting
Business rates
£12,500 ubr, as of April 2023,47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Legal advice
We strongly recommend that a buyer/tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
Planning
It is the responsibility of the proposed buyer/tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyers/tenant’s responsibility.
Lease terms
All leases are on full repair and insuring (Fri) terms unless otherwise stated.
The premises
The property is the former TSB Bank premises being a mid-terrace commercial building with the ground floor offering 800 sq ft of retail space and the benefit of a mezzanine floor for selling purposes. To the rear there are 2 stock rooms, staff room and kitchenette. It should be noted that the upper floors have been sold off on a long leasehold basis. The premises are now let at £12,000 rental per annum and therefore would be ideal for an investor.
Utilities and services
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting
Business rates
£12,500 ubr, as of April 2023,47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Legal advice
We strongly recommend that a buyer/tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
Planning
It is the responsibility of the proposed buyer/tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyers/tenant’s responsibility.
Lease terms
All leases are on full repair and insuring (Fri) terms unless otherwise stated.
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