Restaurant to rent
Property description & features
HIGHLY PROMINENT TOWN CENTRE
RESTAURANT PREMISES TO LET
13 TULY STREET
BARNSTAPLE, NORTH DEVON EX31 1DH
LOCATION
Barnstaple is the regional centre for north Devon situated some 50 miles north west of Exeter and 45 miles west of Taunton. The building's bold corner position benefits from the retail frontage onto Gammon Walk which hosts a collection of national and local retailers and leads onto the town's prime retail destination of the High Street. Tuly Street forms the primary frontage and is the main vehicular access to Marks & Spencer and the town's principal car park with approximately 200 spaces. Opposite is a piazza with the town Library alongside together with the Castle Mound and Park.
DESCRIPTION
The ground floor of an attractive listed building of brick and stone construction thought to date from the 19th century. Accommodation is open plan with a level change of circa 2 ft halfway into the premises. All enabling has been carried out for new trading re-fit. Plans for fit-out to a restaurant have been prepared and commercial grade utilities connected (gas, electricity & water).
ACCOMMODATION
The premises provide the following approximate dimensions and net internal floor areas as set out below:
Gross frontage 15.9 m 50 ft 0 ins
Internal width (max) 15.6 m 51 ft 2 ins
Built depth 21.9 m 71 ft 10 ins
Ground floor 316.1 sq m 3,403 sq ft
TERMS
Assignment of the existing 15 year lease term terminating on 31st October 2034 at a current passing rent of £45,000 p.a.x.
LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction.
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