Property for sale
Property description & features
- Tenure: Freehold
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 Chequers Estate Agents on one side and a nail bar 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 would be ideal for a number of retail trades or indeed as professional offices or even possibly catering, subject to any necessary planning consent that may be required. The freehold is available for sale or alternatively the vendor may consider letting the premises for £12,000 per annum.
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.
Rooms
GROUND FLOOR
Built depth 17.37m. Gross retail area 800 sq.ft (74 sq.m) Net internal frontage 5.49m Nett internal depth 12.8m - Pine mezzanine area with pine tread staircase providing first floor area of approximately 220 sq ft. The main shop has been fitted with carpet having a suspended ceiling, recessed lighting, high floor to ceiling with internal staircase to mezzanine and a full range of fitted peg boarding for display materials. To the rear is a coffee bar area servery, beyond that is access to an inner lobby/kitchen area with sink unit and door to further inner lobby and door to cloakroom.
STOCK ROOM ONE
Being the original bank vault with secure door and beyond access to:
STOCK ROOM TWO 2.9m x 2.16m
AGENTS NOTE
The premises are ideal for potential catering use which the Landlord has investigated by an enquiry to the planners who have responded in a favourable way, subject to planning permission. The vendor will be will to offer the sale of the freehold for £185,000 or to rent the leasehold for £16,500 per annum.
SERVICES
Mains electricity, water and drainage.
RATEABLE VALUE
£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
VIEWING
Strictly by appointment with the selling agent
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.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference BAR171451. 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 - Barnstaple.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on August 12, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.