This property is no longer on the market
Property
Property description & features
- Tenure: Freehold
- Commercial property investment for sale
- (Current business unaffected)
- Fully let on FRI lease
- Over 1,000 square feet
- In the centre of Braunton
- Rare opportunity
- Services: Mains electricity, water and drainage
Busy and convenient location in Caen Street set back from and facing the main approach road into Braunton from the coast.
The property is close to the main public car park and nearby traders include bars, restaurants, local retailers and newsagents.
THE PROPERTY
This lock-up single storey property offers over 1,000 square feet of space with cloakrooms, kitchen area and covered rear courtyard.
We are advised that an air con system was installed in 2021.
THE LEASE
We are instructed by the landlord to sell the freehold of the property subject to the residue of the existing 10 year lease, current rental price to be advised.
The tenant is staying and the business is unaffected. We understand that the lease is on full repairing and insuring terms.
A copy of the lease will be made available to interested parties.
Our clients have owned the property since 2003 and are now selling this valuable investment.
AGENTS NOTE
All interest should be expressed through Webbers Commercial and no direct contact made with the tenant or clients as viewing will be by prior appointment out of hours.
Rooms
Ground Floor
Play Area 6.65m x 9.32m
With attractive bow style cottage window.
Inner Hall
With two cloakrooms off and access to rear area with door to yard.
Rear Section 3.05m x 3.35m
Kitchen 5.8m x 3.96m
With worktops and sink unit.
Rear Enclosed Yard
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£10,500 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.
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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*DISCLAIMER
Property reference COM220134. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - Braunton.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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