Residential: 01271 374062   •      Commercial 01271 377333   •    E-mail us

EXCELLENT HIGH STREET RETAIL PREMISES TO LET

 

                                                                                                                                      98 HIGH STREET

                                                                                                                 BARNSTAPLE, NORTH DEVON, EX31 1HR

 

RENT: £47,000 P.A.X

 

* Excellent High Street Premises * Amongst National Retailers *

* C. 3,500 sq ft retail sales plus upper floors storage/offices *

* High volume passing/chance trade * Rear servicing/delivery *

 

LOCATION

Barnstaple is a busy regional market town and North Devon’s commercial and administrative centre. It has a population circa 47,000 but has an estimated catchment population of over 140,000. More importantly North Devon is an important tourist destination with an estimated 750,000 visitors each year. This has significant bearing upon consumer spending levels in the town. Access to Barnstaple is principally via the North Devon Link Road (A361) which gives easy access to the M5 motorway at Junction 27 Tiverton where there is also an Inter City Rail Link.

 

SITUATION

Barnstaple High Street is an excellent all year round trading pitch and opportunities are few and far between. This is an excellent opportunity to acquire good sized retail premises. Nearby National occupiers include Tesco, Edinburgh Woollen Mill, Holland & Barrett, Boots, Fat Face, Animal etc.

 

ACCOMMODATION

The premises are arranged as a ground floor double fronted retail unit with 2 upper floors as storage, offices, kitchen, toilets etc. There is rear servicing via The Strand and the premises benefits from the following approximate dimensions and areas:-

 

Gross Frontage                          23’5                      7.14m

Net Frontage                             20’11                    6.38m

Ave Internal Width                   24’4                      7.45m

Shop Depth                                143’10                  43.84m

Ground Floor Sales                   3544 sq ft            329 sq m

First Floor                                  650 sq ft                             60 sq m

Second Floor                                             485 sq ft                              45 sq m

 

TERMS

The property is to be made available by way of a new FRI lease term at a commencing rent of £47,000 p.a.x.

 

PLANNING

A variety of uses within Class A1 of the Town & Country (Use Classes) Order 1987.

 

RATES

Rateable Value: £40,000. We would recommend that interest parties make their own enquiries to the Local Rating Authority for verification purposes.

 

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

 

VIEWING

Strictly by prior appointment through the Sole Agents, Wright Commercial.