TOWN CENTRE INVESTMENT FOR SALE
83 & 84 BOUTPORT STREET
BARNSTAPLE, NORTH DEVON EX31 1SR
PRICE: OIRO £179,950 FREEHOLD
The premises are located within Boutport Street close to the town's High Street. There are assorted retailers in the immediate vicinity including the multi screen Scott’s Cinema complex and nationals including Barclays Bank, Warrens and Coral Racing.
The premises are arranged on three floors with a mix of open plan retail areas, store rooms, offices and back up. The premises benefit from the approximate dimensions and areas:-
Gross Frontage 29’ (8.80m)
Net Frontage 26’ (7.92m)
Max Width 26' (7.92m)
Max Depth 78'0 (23.77m)
GIA 1,814 sq ft (168 sq m)
First Floor Storage 1478 sq ft (137 sq m)
Second Floor 435 sq ft (40 sq m)
The property is let to ReFURNISH Devon (charity Registration No.1129455) until 20th September 2025 on an effectively full repairing and insuring lease at a passing rent of £20,000 per annum exclusive subject to review on 20th Sept 2020.
Completion of sale to take place not before 6th April 2018.
Rateable Value: £25,500.
Each party to bear their own legal fees.
Strictly by prior appointment through the sole agents Wright Commercial.