Ground Floor Riverside Premises In Bideford For Sale

Bideford, Devon, UK

Asking Price:: £10,000

Turnover:: Not applicable

Net Profit:: Not applicable

A rare opportunity to lease a substantial ground floor commercial space within a prominent Grade II Listed riverside building in Bideford. Formerly operating as a well-known coaching inn and hotel, the property now offers approximately 3,200 sq ft of versatile ground floor accommodation with significant potential for a wide range of uses, subject to the necessary planning consents.

The landlord is prepared to offer a generous rent-free period to allow for a full refurbishment and fit-out, making this an attractive proposition for ambitious operators seeking a character property in a prime riverside location.

Property Information

Property:: Leasehold

Lease Terms:

New full repairing and insuring (FRI) lease

Term to be agreed

Landlord willing to consider a 12-month or longer rent-free period subject to tenant quality

Tenant responsible for rates, utilities and fit-out costs

Leasehold Rent:: £10,000 per annum per annum

Lease Rent:: per sq ft per annum

Location:

The premises are located overlooking the River Torridge, just upstream from the historic bridge linking Bideford town centre with East the Water. The building fronts one of the main approach roads into the town and lies within yards of the town centre, quayside and public car parks.

Bideford is a thriving port and tourist destination with a strong mix of independent retailers and national chains, complemented by riverside walks, parks and nearby shopping destinations including Affinity Devon Outlet.

Premises Details:

Ground floor commercial accommodation extending to approximately 3,200 sq ft. The premises form part of a historic former coaching inn, with the upper floors now converted to residential apartments.

The accommodation requires a complete fit-out, including refurbishment, re-wiring and re-plumbing.

Size in square feet:: Approximately 3,200 sq ft

Planning Consent:: Previous use as licensed premises
Alternative uses subject to planning consent
Prospective tenants to make their own enquiries

Business Operation

Expansion Potential:: Potential to operate as a pub, restaurant or alternative commercial use such as a gym, escape rooms, dance studio, offices or retail, subject to planning consent.

Competition / Market:: Situated within a well-established commercial and leisure area close to the town centre, riverside attractions and retail amenities.