Retail property (high street) for sale

EXCELLENT HIGH STREET RETAIL PREMISES FOR SALE

15 HIGH STREET

BARNSTAPLE, NORTH DEVON EX31 1BG

PRICE: OIRO £175,000

* Excellent High Street Premises * Amongst National Retailers *

* C. 1,000 sq ft retail sales plus 2 upper floors storage/offices *

* High volume passing/chance trade *

LOCATION

Barnstaple is a busy regional market town and North Devon’s commercial and administrative centre. It has a population circa 47,000 but has an estimated catchment population of over 140,000. More importantly North Devon is an important tourist destination with an estimated 750,000 visitors each year. This has significant bearing upon consumer spending levels in the town. Access to Barnstaple is principally via the North Devon Link Road (A361) which gives easy access to the M5 motorway at Junction 27 Tiverton where there is also an Inter City Rail Link.

SITUATION

Barnstaple High Street is an excellent all year-round trading pitch and opportunities are few and far between. This is an excellent opportunity to acquire good sized retail premises. Nearby National occupiers include Tesco, Holland & Barrett, Boots, Fat Face etc.

ACCOMMODATION

The premises are arranged as a ground floor split level retail unit with 2 upper floors as storage, office, kitchen, toilet etc. Rear yard. The premises benefits from the following approximate dimensions and areas: -

Gross Frontage 16’7 5.1m

Net Frontage 14’6 4.4m

Ave Internal Width 15’7 4.8m

Shop Depth 69’ 21m

Ground Floor Sales 990 sq f t 91.9 sq m

First Floor 940 sq ft 87.3 sq m

Second Floor 230 sq ft 21.3 sq m

PROPOSAL

The property is available Freehold at OIRO £175,000.

PLANNING

A variety of uses within Class E of the Town & Country (Use Classes).

RATES

Rateable Value: £17,750. We would recommend that interest parties make their own enquiries to the Local Rating Authority for verification purposes.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

VIEWING

Strictly by prior appointment through the Sole Agents, Wright Commercial.