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Features and description
- Convenient location in the heart of Bideford
- With private 15 space car park
- Grade II listed residence
- Arranged as a dentist on ground floor
- Plus 3 self-contained offices suites on each floor above
- Would suit an investor
Tower House is a grand Grade II listed dwelling at the end of The Strand opposite Bideford Football Club. The upper floors overlook the Football Ground and Bowling Green. The premises are therefore in a most convenient location within level walking distance of Bideford town centre and The Quay and are also close to Morrison's supermarket and convenient to all shops and amenities.
Bideford is the largest town within Torridge District Council's area, having a population of approximately 14,000 which is boosted during the summer months with the influx of tourists.
It is still a busy trading port and has a host of local shops as well as usual national market chains and on the outskirts the ever-popular Affinity Devon Outlet Shopping Centre.
THE PROPERTY
This is a fine end terraced Grade II listed building, which provides the ground floor and the upper floor offices which have been let to the various professional occupants in recent times.
The ground floor is currently let to a dentists with a new 6 year lease at a rental of £6,900 for the first year commencing in December 2022, £7,600 12 months after that and £8,400 the following year.
The top floor has also been let.
Therefore if the all the other floors are let on similar terms then the income will increase to some £30,000 per annum with some parking spaces left which could be let to local residents further enhancing the income.
Rooms
Ground Floor
Currently let and utilised as a dentist’s office.
Entrance Lobby
With store room off.
Main Reception 6.88m x 3.66m
Main Consulting Room 4.75m x 4.47m
With store room off.
Rear Entrance Lobby
External Staircase To Front First Floor
Covered Veranda with door to:
Inner Hallway
With Cloakroom Off.
Front Office 5.03m x 4.78m
Rear Office 6.17m x 4.57m
External Rear Staircase To Second Floor Suite
Inner Lobby
With Cloakroom Off.
Front Office 4.65m x 5.5m
Rear Office 5.44m x 4.85m
Internal Rear Staircase to Third Floor Office Suite
Rear Internal Staircase To Third Floor
Inner Lobby
With Cloakroom Off.
Front Office 7.06m x 4.6m
Rear Office
With internal staircase to the tower room and access to the loft.
VIEWING
Strictly by appointment through the selling agents.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
RATEABLE VALUE
26a The Strand = £4,350
26b The Strand = £3,700
26c The Strand = £3,300
26d The Strand = £3,500
UBR, as of April 2017, 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.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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