Specialist commercial property consultants

1- 5 Northgate, High Street, Barnstaple, Devon. EX31 1TP

Property information

Status: To Let
Price: Units 1-3 £75,000 pa Units 4-5 £25,000 pa
Tenure: Leasehold

Location - EX31 1TP

Barnstaple is the regional centre for North Devon situated approximately 40 miles north west of Exeter and 45 miles west of Taunton

The town serves a district population approaching 88,000 and catchment population of 135,000 within a 35 mile radius. The town and area as a whole attracts tens of thousands of tourists throughout the year.

The subject building occupies a bold corner position at the northern end of the High street in close proximity to Primark with further occupiers in the vicinity including Iceland, Tony pryce Sports, Trespass, Maplin, White Stuff and KFC. The building can also be seen by a constant vehicular flowpast from locals and tourists alike.

Description

The building is of modern construction and comprises two retail units (formerly Argos and Blockbuster) arranged on ground and first floors. The premises may be LET as a whole or 2 x seperate units.

Accomodation

Each unit provides the following net internal floor areas:

1-3 Northgate House

Ground Floor Sales                  298.67 sq m        3125 sq ft

First Floor ancillary                   475.65 sq m        5,120 sq ft

 

4-5 Northgate House

Ground floor only                     209.03 sq m         2,250 sq ft

 

Terms

Available on new leases for a term of years to be agreed

Rent

1-3 Northgate House

£75,000 per annum exclusive

4-5 Northgate House

£25,000 per annum exclusive

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction


Business rates

Rateable value: £80,000 (1-3 Northgate) £38,500 (4-5 Northgate)
Rates payable for 2017/18: £37,280 & £17,941 respectively

Please verify the actual rates payable with the local authority, North Devon Council at Barnstaple.


Tenure

A NEW LEASE/s will be granted, the length of which will be agreed upon between the parties. Full repairing and insuring terms.


Viewing

For an appointment to view please contact:

Dean Warmington
Tel: 01271 378731
Email: dean@underwoodwarmington.com
Mobile: 07971830881


Property reference number

Reference: UW 753
 

Important notice

These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.

Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.

The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.

Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.

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