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Newly Refurbished High Quality Commercial Premises For Sale

Barnstaple, Devon, UK
Asking Price:
£17,000
Turnover:
Not applicable
Net Profit:
Not applicable

Completely modernised and re-furbished throughout, our client has owned the property for the last four years and has re-wired the property, re-decorated both the ground and first floor, installed independent electric remote controlled radiators, as well as inputting a new kitchenette and cloakrooms to the first floor.

There is excellent floor to ceiling ground floor window displays, concealed ceiling lights, window spot lights plus new carpets to the ground and first floor.

This whole building is now available to rent and would suit as either retail or offices/professional use.

Planning has been granted to use the first floor as work living quarters for an owner occupier.

Property Information

Property:

Leasehold

Lease Terms:

A new lease is available on full repair and insuring terms at a commencing asking rental of £17,000 per annum exclusive.

An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval.

A 3 month rent deposit will be required plus rent monthly in advance.

Alternatively the freehold of the property could be available to purchase at a price of £245,000.

Leasehold Rent:

£17,000 per annum

Location:

In a highly visible corner location facing Boutport Street and the junction of Bull Court and Vicarage Street, the premises face the incoming traffic approaching the indoor multi storey car park at Green Lanes shopping precinct.

In addition the property is on a main bus route and near to Papa John’s Pizza.

Barnstaple is the main commercial town serving North Devon and has a population of around 35,000 inhabitants.

It has a host of national and local independent retailers and also acts as the tourist centre.

Energy Performance Rating:
E