Straight talking Commercial Property advice

11 Holland Walk, Barnstaple, Devon. EX31 1DW

Property information

View Property PDF
Status: To Let
Price: £15,000 pa
Tenure: Leasehold

INTRODUCTION
Barnstaple is North Devon’s Commercial Centre being a popular and successful market town.
Location is excellent for a variety of businesses wishing to be in the heart of the busy town centre
core. The town offers a good trading location and with a resident population of approaching
30,000, complimented further by trade from a wide hinterland increasing the catchment area to
circa 120,000, enhanced further by its popularity with tourists throughout the year.
The region is easily accessible via the A361 (North Devon Link Road) which gives direct access
to the M5 motorway at Junction 27 (Tiverton), where there is also an Intercity rail link (Tiverton
Parkway) and airports at Exeter, & Bristol.

LOCATION
The location is excellent for business. Holland Walk is well known in the region as one of the best
locations for local “niche” businesses to trade whilst nearby National traders include Costa
Coffee, H Samuel Jewellers, Poundland,
Banbury`s Department Store, WH Smith/ Post Office , Marks &
Spencer and Green Lanes Shopping Centre. Other occupiers in Holland Walk include Boston Tea
Party (café/restaurant), Katie Jayne’s (sports/beauty), Go Travel (travel agents), The Baby Bay, Lemon Next to Pie (café), Carole Anne (jewellers) Devon Gold (jewellers) and Private
Collection (ladies fashions)

Overall floor space (arranged over two floors) – 928 sq. ft. (86.2m2)

The ground floor of this building provides 475 sq. ft. (44m2) – First Floor 455 sq. ft. (42m2) .
Retail Zone A 366 sq. ft. (34 m2) , Zone B 107 sq. ft. (9.9m2).

Internal Frontage 18′ (5.5m)

Maximum Built Depth 28′ (8.6m)

Shelved Store 5′ 7” x 6′ 4”

Suspended ceiling with lighting panels

First Floor

Consult Room 1 : 13′ 5” x 9′ 1”

Consult Room 2 : 12′ 11” x 9′ plus 3′ x 4′

Seating Area for 3 persons on landing. ‘Open’ Kitchenette area and Store (11′ x 5”

FIXTURES & FITTINGS.

The premises is offered vacant. None of the hair dressing equipment/furniture is included.

SERVICES

Mains water and electricity are connected.

ENERGY PERFORMANCE CERTIFICATE

Assessed in Band C  (63). Copy on request.

LEGAL COSTS

Each party to bear their own legal costs.

MONEY LAUNDERING COMPLIANCE

In order to comply with UK Money Laundering Regulations 2017, UNDERWOOD WARMINGTON
will require any purchaser of a freehold or leasehold interest in a property which it is marketing to
provide proof of identity and other required documents

PLANNING

Government changes to the Use Classes Order came into effect on 1 September 2020. These
premises now fall into the newly introduced, Class E. This will allow use (without the need for
planning permission through a “change of use) as a shop, financial and professional services,
restaurant/café, offices R&D and light industry, gyms and medical- health services and day
centres. clinics, creches, day nurseries etc. Interested parties should consult with North Devon
Council at Barnstaple to discuss.

RENT & LEASE

A new lease is offered on these premises, term to be agreed. Rent £16,500 per annum (plus VAT) payable
monthly in advance. Rent deposit equivalent to one month’s rent to be held by the Landlord.
Full Repairing/Insuring Terms. Normal references will be required.

VIEWING
Viewing can only be carried out with prior notice by contacting :-
Dean Warmington: DD 01271 378 731 M: 07971 830 881 E: [email protected]
Website: www.underwoodwarmington.com

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 purchaser

Accomodation Comprises

Imperial Metric Sq Ft


Business rates

Rateable value:   £20,500
Rates payable for 2021/22:   £10,127 (approx)

BOOST FOR HIGH STREET WITH 50% CUT TO BUSINESS RATES !

In a bid to retain businesses and ‘create stronger high streets’, the chancellor has announced a 50 per cent discount on business rates for retail, hospitality, and leisure businesses in England.

For the next financial year, businesses will be able to claim a 50 per cent reduction in 2022-23, up to a maximum of £110,000.

And from 2023, a new business rates relief will support investment in property improvements so that no business will face higher business rates bills for 12 months after making ‘qualifying improvements’ to their property. This speaks to the government’s drive to meet net zero targets and hopes to encourage businesses to adopt green technology, such as solar panels.


Tenure

A new Lease is available - terms to be agreed


Viewing

For an appointment to view please contact:

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


Property reference number

Reference: UW885
 

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.