£62,500
(£62,500.00/sq. ft)
Retail premises for saleNorthfield Road, Ilfracombe EX34
1 sq. ft
Just added
About this property
The properties are close to the junction of High Street and Northfield Road directly opposite the town council offices and therefore in a central position close to all amenities.
Ilfracombe has a population of some 11,000 inhabitants and is boosted during the summer with the influx of tourists. The town is a premier holiday destination and has a picturesque harbour and quayside. There are numerous beaches and parklands.
The premises
The property comprises of two mid-terraced commercial shops. Number 12 is vacant, but was trading as a barbers at £300 per month comprising of approximately 275 sq ft plus a store room beyond of 78 sq ft with a staff kitchen area and cloakroom. Number 13 on the right is vacant but was also previously rented out at £300 per month, therefore it is thought the same rent could be achieved again. It has a retail area of around 140 sq ft plus a store room of around 120 sq ft plus cloakroom. Total gross rental of £7,200 per annum when fully let.
Tenure
Freehold of the properties. A peppercorn rent is received from the owners of the flat above.
Agents note
Please note these properties are in a conservation area. The entrance passage to the flat forms a flying freehold over the basement and the sitting room of the flat above flies over the passage.
Services
Mains electricity, water and drainage.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Viewing
Strictly by appointment through the selling agents.
Rateable value
12 Northfield Road - £3,600,13 Northfield Road - £2,200 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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
Legal advice
We strongly recommend that a buyer 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 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 responsibility.
Lease terms
All leases are on full repair and insuring (Fri) terms unless otherwise stated.
Ilfracombe has a population of some 11,000 inhabitants and is boosted during the summer with the influx of tourists. The town is a premier holiday destination and has a picturesque harbour and quayside. There are numerous beaches and parklands.
The premises
The property comprises of two mid-terraced commercial shops. Number 12 is vacant, but was trading as a barbers at £300 per month comprising of approximately 275 sq ft plus a store room beyond of 78 sq ft with a staff kitchen area and cloakroom. Number 13 on the right is vacant but was also previously rented out at £300 per month, therefore it is thought the same rent could be achieved again. It has a retail area of around 140 sq ft plus a store room of around 120 sq ft plus cloakroom. Total gross rental of £7,200 per annum when fully let.
Tenure
Freehold of the properties. A peppercorn rent is received from the owners of the flat above.
Agents note
Please note these properties are in a conservation area. The entrance passage to the flat forms a flying freehold over the basement and the sitting room of the flat above flies over the passage.
Services
Mains electricity, water and drainage.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Viewing
Strictly by appointment through the selling agents.
Rateable value
12 Northfield Road - £3,600,13 Northfield Road - £2,200 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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
Legal advice
We strongly recommend that a buyer 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 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 responsibility.
Lease terms
All leases are on full repair and insuring (Fri) terms unless otherwise stated.
.png){kind=logo}