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PRIME HIGH STREET PROPERTY TO LET

25/25A HIGH STREET

BARNSTAPLE EX31 1BL

 

SITUATION

Barnstaple is the regional centre for North and Mid Devon situated some 40 miles north-west of Exeter and 45 miles west of Taunton. The town is a popular tourist destination which has a significant impact upon consumer spending levels in the town. Barnstaple has a largely unopposed retail catchment population within 5 miles estimated to be 49,488 inhabitants.

LOCATION

This property occupies a prominent trading location facing down Cross Street close to the Pannier Market; it is situated adjacent to Wimpy and F Hinds Jewellers and close to branches of Co-Op, Milletts, Pizza Express, Shoe Zone, Caffe Nero, Mountain Warehouse, Fat Face, Boots Opticians and Prezzo.

DESCRIPTION & ACCOMMODATION

This attractive period property is arranged on ground and 3 uppers floors, having the following dimensions and floor areas:

FRONTAGE                         19 ft 3 ins (6.3 m)

SHOP & BUILT DEPTH        49 ft 0 ins (16 mtrs.)

GROUND FLOOR AREA       876 sq ft (81.37 sq.m)

FIRST FLOOR                      617 sq ft (57.31 sq.m)

SECOND FLOOR                 777 sq ft (72.17 sq.m)

THIRD FLOOR                     269 sq ft (24.98 sq.m)

TERMS

We are instructed to offer the entire property on a new full repairing and insuring lease for a term of 15 years with the provision for 5 yearly upwards only rent reviews.

RENTAL

Our clients require a rental in the region of £35,000 per annum exclusive.

RATEABLE VALUE             £38,500

LEGAL COSTS

Each party to be responsible for the payment of their own costs incurred in any transaction.

EPC

Will be provided to interested parties

JOINT AGENTS:

REID ROSE GREGORY

DAVID STIDSTON             BILL STEPHENS

020 7518 1532                    020 7518 1527

[email protected]       [email protected]