Shop for sale
Property description & features
- Tenure: Freehold
- Town centre commercial property
- Bold corner site close to Green Lanes
- Recently modernised, re-furbished and re-decorated
- High tech electric radiators that are remotely controlled
- Very light space, would suit professional offices
- Newly fitted kitchenette and 2 new cloakrooms
- High spec throughout
- Ready to move into
- Available to rent or to buy
In a highly visible corner location facing Boutport Street and the junction of Bull Court and Vicarage Street, the premises face the incoming traffic approaching the indoor multi storey car park at Green Lanes shopping precinct.
In addition the property is on a main bus route and near to Papa John’s Pizza.
Barnstaple is the main commercial town serving North Devon and has a population of around 35,000 inhabitants.
It has a host of national and local independent retailers and also acts as the tourist centre.
THE PROPERTY
Completely modernised and re-furbished throughout, our client has owned the property for the last four years and has re-wired the property, re-decorated both the ground and first floor, installed independent electric remote controlled radiators, as well as inputting a new kitchenette and cloakrooms to the first floor.
There is excellent floor to ceiling ground floor window displays, concealed ceiling lights, window spot lights plus new carpets to the ground and first floor.
This whole building is now available to rent and would suit as either retail or offices/professional use. Planning has been granted to use the first floor as work living quarters for an owner occupier.
TERMS
A new lease is available on full repair and insuring terms at a commencing asking rental of £17,000 per annum exclusive.
An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval. A 3 month rent deposit will be required plus rent monthly in advance.
Alternatively the freehold of the property could be available to purchase at a price of £245,000.
From our Webbers Barnstaple office in Boutport Street turn right and proceed along Boutport Street passing Wetherspoons on the right and the Queens Theatre on the right. 114 Boutport Street can be found at the cross road of Bull Court and Vicarage Street on the corner plot, to the rear of the Greenlanes Car Park.
Rooms
Ground Floor
Shop
5.13m max frontage x 8.84m max depth - With electric radiators, window spot lights, fitted carpet throughout, three large window displays, security alarm and fire meter.
Inner Office 2.84m x 2.41m
With internal window and rear under stairs store cupboard.
First Floor
Office/Potential Living Space 10.67m x 4.37m
Overall size with kitchenette having sink unit, laminated work tops and cupboards under.
Double glazed window to front, electric radiators independently remote controlled and 2 built in cupboards.
Entrance to roof space which is insulated.
Rear Lobby
Ladies and Gents Cloakrooms
Each with wash hand basins and hand driers.
OUTSIDE
There is no outside space and the shop has high visibility return frontage. There are several car parks nearby.
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
£9,100 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.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference COM220151. 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 - Barnstaple.
OnTheMarket may have applied supplementary data to this property listing, including:
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.