Shop for sale
Property description & features
- Tenure: Freehold
- Investment for sale
- Business unaffected
- Located in a busy pedestrian thoroughfare
- Double fronted town centre premises
- Ground floor retail unit
- Circa 458 sq ft
- Rear stock room and staff cloakroom
- Upper floors with 5 rooms
- Plus separate bathroom and staff cloakroom
In a busy retail trading location in the centre of Mill Street, which connects the High Street to Allhalland Street in the centre of this thriving river port. A few yards away is the Co-Op Supermarket and is opposite WH Smith. The town has a population of around 14,000 inhabitants which is boosted during the summer months with an influx of tourists. It is the heart of the Torridge District area and is located approximately 11 miles from Barnstaple, North Devon’s regional centre is close to the fishing village of Appledore, the riverside village of Instow and the fashionable surfing resort of Westward Ho! Bideford is a tourist centre and port to the River Torridge and on the outskirts of town there are numerous supermarkets and the popular Affinity Devon Outlet Shopping.
THE PREMISES
The premises are mid-terraced and offer 458 sq ft of retail space with a store room and cloakroom beyond. Approached from an internal ground floor door of the shop, access is gained via a through hallway and stairs to the first floor, where there are two store rooms and a staff kitchen.
At the second floor level there are three further rooms, a cloakroom and a bathroom. Stairs lead beyond this to an attic storage area. The upper floors could easily revert to a flat subject to any planning consent that may be required. The premises are pavement fronting in the heart of Mill Street, a busy retail pedestrian thoroughfare and there is no rear outside space.
AGENTS NOTE
To comply with the Estate Agency Act it should be noted that Webbers Commercial are acting on behalf of a former employee of Webbers Property Services.
TENURE
The head lease is rented to Webbers Property Services at £12,000 per annum until 3rd December 2025. Sub-let to tenants who run a gift shop. Details are available upon request.
From our Webbers offices in Mill Street, turn left on foot and follow the road along for a hundred yards. The premises of 57 Mill Street can be found on the right hand side opposite WH Smith.
Rooms
GROUND FLOOR
SHOP
Internal depth 8.38m + double bay window 0.6m depth x Internal width 4.5m - Door to
LOBBY 1.75m x 1.88m
Access to:
L-SHAPED STORAGE ROOM 2.24m x 5.5m
STAFF CLOAKROOM
INTERNAL STOCK ROOM 2.13m x 2.03m
DOORWAY
From the ground floor shop there is a doorway to:
SIDE HALLWAY
STAIRS TO
FIRST FLOOR
LANDING
STORE 5.6m x 3.35m
STORE 3.5m x 3.53m
KITCHEN 3.35m x 2.29m
STAIRS TO
SECOND FLOOR
LANDING
CLOAKROOM
BATHROOM
STORE 4.67m x 2.46m
STORE 4.34m x 2.84m
STORE 3.3m x 3.2m
STAIRS TO
ATTIC STORAGE AREA
SERVICES
All mains connected.
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
£9,300 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.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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*DISCLAIMER
Property reference COM240002. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - Bideford.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 7, 2022
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Energy Performance data and Internal floor area
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