Straight talking Commercial Property advice

100 High Street, (first & second floor), Barnstaple, Devon EX31 1HR

Property information

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Status: Let
Price: Confidential Terms Agreed
Tenure: Leasehold

STOP PRESS

Our Landlord client is prepared to offer an initial 6 month tenancy of these premises which can then be extended on a “rolling” lease basis if desired by the tenant. Alternately a longer term from the outset is also available.

SITUATION

Barnstaple is a popular and successful market town, being North Devon’s largest town and commercial centre located 40 miles north west of Exeter with a resident population of approximately 27,700 (1991 Census) and an estimated catchment population of approximately 82,000 people (1997 CACI) with further boosts of trade through tourism throughout the year.

These well sited office premises benefit a town centre position above the Tesco “in town” store. They also benefit a prominent entrance door directly onto the High Street. This is fully glazed and together with large first and second floor windows allows the occupy plenty of opportunity to promote and advertise their business with internal, window signage. In addition to Tesco’s, nearby traders include HSBC Bank, Betfred, Prezzo and Animal Clothing in addition to an interesting variety of local and regional traders. There area variety of public shoppers car parks surrounding the town centre in addition to the main bus station to this end of the town.

The overall footprint of the available space provides 1,003 sq. ft (93m2) to the first floor with a further 498 sq. ft (46m2) on the second floor. In addition, there are 2 x WC’s.

The space is well presented and modern themed. Fitted carpet extends throughout and there are vertical window blinds, suspended ceilings with lighting panel and plenty of power and telephone/PC outlets. A ” funky” mezzanine area with steel trusses extends partly over the open plan first floor area . A second floor office comes complete with Board Table and chairs. There is a ‘Network Trunking Box’ allowing IT ‘sharing’ throughout both floors, high spec security system (key fob plus key).

The Accommodation is arranged as follows :- (approximate measurements)

Fully glazed reception door leading directly off Barnstaple High Street and staircase to Landing Area leading to:

Main Open Plan Office in 3 sections being Front Area (overlooking High Street) 20’1” x 20′ 3″” (427 sq ft) –
6.15m x 6.53m (40m2)
Middle Section – 8′ 6” x 8′ 4” (71sq ft) – 2.61m x 2.55m (6.60m2)
Rear Section – 12′ 3” x 11′ 7” (142 sq. ft) – 3.77m x 3.57m (13.19m2)
Mezzanine – 16′ 7” x 10′ 5” (173m2) – 5.10m x 3.23m (16m2)
Kitchen- 17′ 9” x 10′ 7” (190 sq. ft) – 5.46m x 3.26m (17.65m2)
ON THE SECOND FLOOR
Office – 13′ 4” x 12′ 9” (170 sq. ft) – 4.09 m x 3.92m (15.79m2)
Office – 13′ 3” x 7′ 7” (103 sq. ft) – 4.07m x 2.33m ( 9. 56m2)
Office ( open plan space) 17 ‘ 4” x 8′ 6” plus 11′ 9” x 6’ 7” (225 sq. ft) – 5.30m x 2.61m plus 3.61m x 2.

Accomodation Comprises

Imperial Metric Sq Ft
Main Open Plan Office in 3 sections being Front Area (ovelooking High Street) 20'1'' x 20' 3" 6.15m x 6.53m 427 sq ft 40m2
Middle Section 8' 6'' x 8' 4'' 2.61m x 2.55m 71sq ft 6.60m2
Rear Section 12' 3'' x 11' 7'' 3.77m x 3.57m 142 sq ft 13.19m2
Mezzanine 16' 7'' x 10' 5'' 5.10m x 3.23m 173 sq ft 173m2
Kitchen 17' 9'' x 10' 7'' 5.46m x 3.26m 190 sq ft 17.65m2
ON THE SECOND FLOOR
Office 13' 4'' x 12' 9'' 4.09 m x 3.92m 170 sq ft 15.79m2
Office 13' 3'' x 7' 7'' 4.07m x 2.33m 103 sq ft 9. 56m2
Office (open plan space) 17 ' 4'' x 8' 6'' plus 11' 9'' x 6' 7'' 5.30m x 2.61m plus 3.61m x 2.03m 225 sq ft 23.69m2
2 x W.C's


Business rates

Rateable value:   £7,600
Rates payable for 2023/24:   £3,762 (approx)

Small Business rates relief may apply. Visit : www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief

SMALL BUSINESS RATE RELIEF

You can get small business rate relief if:

your property’s rateable value is less than £15,000
your business only uses one property - you may still be able to get relief if you use more
Contact your local council to apply for small business rate relief.

What you get :-

You will not pay business rates on a property with a rateable value of £12,000 or less.

For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.

Examples

If your rateable value is £13,500, you’ll get 50% off your bill. If your rateable value is £14,000, you’ll get 33% off.

If you use more than one property
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.

You can still get small business rate relief on your main property after this if both the following apply:

none of your other properties have a rateable value above £2,899
the total rateable value of all your properties is less than £20,000 (£28,000 in London)

RETAIL DISCOUNT

You could qualify for retail discount if your business:

is a shop, restaurant, café, bar or pub
is in England
has a rateable value of less than £51,000
Contact your local council to find out if you’re eligible.

What you’ll get
If you’re eligible, you could get a third off your business rates bill.

You can get the retail discount on top of any other business rates relief you’re eligible for.

The retail discount is available for the 2019 to 2020 and 2020 to 2021 tax years.

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.


Tenure

The premises is available to LET on the basis of a new lease, the term of which will be agreed between the parties. THE LANDLORD IS PREPARED TO OFFER AN INITIAL 6 MONTH LEASE WHICH CAN BE EXTENDED BY THE TENANT IF SO DESIRED.Tenant to be responsible for internal repairs/decoration only. . Usual Bank/Trade/Previous landlord references will be required


Viewing

For an appointment to view please contact:

Dean Warmington
Tel: 01271 378731
Email: [email protected]
Mobile: 07971830881


Property reference number

Reference: UW 780
 

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.