Boutport Street, Barnstaple

Office for sale in Barnstaple

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

LOCATION
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.

BUSINESS RATES
£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.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

SERVICES AND UTILITIES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

LEGAL ADVICE
We strongly recommend that a buyer/tenant takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer/tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyers/tenant's responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.

Ground Floor

Shop 16'10" (5.13m) max frontage x 29' (8.84m) max depth. With electric radiators, window spot lights, fitted carpet throughout, three large window displays, security alarm and fire meter.

Inner Office 9'4" x 7'11" (2.84m x 2.41m). With internal window and rear under stairs store cupboard.

First Floor

Office/Potential Living Space 35' x 14'4" (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.

WEBBERS DO NOT JUST SELL HOUSES    Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888.

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.
www.environment-agency.gov.uk
www.landregistry.gov.uk
www.gov.uk/green-deal-energy-saving-measures
www.homeoffice.gov.uk
www.ukradon.org
www.fensa.org.uk
www.nesltd.co.uk
http://list.english-heritage.org.uk

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.

Important information

This is not a Shared Ownership Property

This is a Freehold property.

Property Ref: 55707_COM220138