Grenville Street, Bideford, Devon

Retail Property (High Street) for sale in Devon

Available due to the relocation of the existing tenant
Lock-up shop to rent
Bideford town centre
Between High Street and the Pannier Market
Circa 485 sq ft plus stock room, cloakroom and staff kitchen
New lease terms available
Asking rent guide £700 pcm exclusive

LOCATION
The premises are in a convenient location just off the top of the High Street fronting onto Grenville Street which connects the High Street to the Pannier Market. The Pannier Market hosts regular market days and there is a large selection of small retailers in the vicinity. Bideford has a population in excess of approximately 14,000 inhabitants and attracts tourists throughout the year. The town is still a busy port and the quayside has recently been upgraded and re-developed which will provide a tree lined avenue and attractive quayside walk. The town itself is within approximately 10 miles of Barnstaple, North Devon's regional centre and close to the popular Victorian seaside resorts of Westward Ho!, where there is an excellent golf course.

THE PROPERTY
The premises comprise of a ground lock up retail unit in what was formerly the TSB Bank many years ago. We understand the property is a listed building and now offers approximately 485 sq ft of retail space plus small stock area, staff kitchen and staff cloakroom. In addition there is a small enclosed rear yard.

TENURE
The premises will be offered on the basis of a brand new lease for a term of years to be agreed at a commencing rental guide of £700 per month on full repair and insuring terms. Rent reviews will be every three years and an incoming tenant will need to provide the usual proof of ID, trade/professional references for landlord's approval, proof of funds and a business plan.   

LEGAL ADVICE
We strongly recommend that a 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 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 tenant's responsibility.

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

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

BUSINESS RATES
£3,650 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    Mains electricity, water and drainage.

RATEABLE VALUE    £3,650 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.

VIEWING    Strictly by appointment through the selling agents.

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 office in Mill Street, Bideford turn left proceeding along Mill Street until you reach the High Street. Proceed up to the top of the hill and Grenville Street can be found on the left hand side. This shop is on the right hand side a few yards away from the junction of High Street and Grenville Street.

Important Information

• This is a Leasehold property.

Property Ref: 55707_COM250008