Prominent Office Suite For Sale

Barnstaple, Devon, UK

Asking Price:: £95,000

Turnover:: Not applicable

Net Profit:: Not applicable

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THE PREMISES
Approached from a ground-floor foyer located at the south elevation, stairs give access to three first-floor front rooms, and a further internal staircase gives access to the second-floor with 6 further offices.
The premises therefore offer a suite of 3 first-floor and 6 second-floor offices, for an estimated total of 1,200 sq ft, plus a staff kitchenette and two cloakrooms. Ideal for other uses, subject to planning consent.

AGENTS NOTE
This property is in a conservation area.

Property Information

Property:: Leasehold

Lease Terms:

TENURE
Held under a 300 year lease which was granted on 26th of June 1986. Ground rent of £10 per annum.

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.

BUSINESS RATES
£10,750 – First Floor £6,000 – Second Floor 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
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.

Location:: In a prominent town centre location overlooking the Strand with the River Taw beyond. Barnstaple is North Devon's largest regional center, with a population of about 35,000 inhabitants.
The Strand is in a conservation area, and there are numerous cafes, restaurants, and bars in the vicinity. The High Street is a short walk away, and there are car parks nearby at Castle Quay and the former Cattle Market car park.