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High Street Retail Premises In Ilfracombe For Sale

Ilfracombe, Devon, UK
Asking Price:
£3,900
Turnover:
Not applicable
Net Profit:
Not applicable

We are instructed to let the ground floor of this mid terrace commercial property, comprising of a double fronted lock-up shop of approximately 200 sq ft.

The shop would be ideal for a variety of uses, subject to any necessary planning consents.

BUSINESS RATES
£2,950 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.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

SERVICES AND UTILITIES
Mains electricity. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

LEGAL ADVICE
We strongly recommend that a 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 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 tenant’s responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.

Property Information

Property:

Leasehold

Lease Terms:

A brand new lease (or licence) is available on full repairing and insuring terms for a period to be agreed between the parties.

Easy terms on a flexible lease.

Available to rent at £75 per week.

Leasehold Rent:

£3,900 per annum

Location:

The premises are located in a convenient position towards the Western approach to Ilfracombe High Street, almost directly opposite the former Jeffery's Newsagents.

It is therefore in a most convenient position, not far from the Co-operative Supermarket, and on the 'Sunny side of the street'.

Ilfracombe is recognised as North Devon's leading tourist resort, attracting many tens of thousands of holiday makers through the busy summer months.

Energy Performance Rating:
C