Specialist commercial property consultants

114 Boutport Street, Barnstaple, Devon

Property information

Status: SOLD
Price: Confidential Sale Price
Tenure: Freehold

A two storey commercial building which enjoys a prominent location in the heart of Barnstaple, adjacent Green Lanes Shopping Centre and enjoying busy vehicular flowpast from motorists entering the multi storey car park. Anglian Windows Ltd. have been in occupation for a number of years and have just signed a new 5 year lease (April 2018)

The accomodation is arranged on two floors with retail space of 689 sq ft (63.97m2) on the ground floor and 540 sq ft (50.2m2) office/showroon at first floor level, plus WC and Kitchen facilities.

The premises benefit Class A1 (retail) planning permission.

The building is being sold with the benefit of a Lease with Anglian Windows Ltd. The 5 year lease expires 30 April 2023. Annual rental £10,000 (payable quarterly in advance) Tenant Break clause 2021 (upon giving 3 months Notice). Tenant to maintain interior and exterior in good repair throughout the term. A copy of the Lease is available for inspection.

Price: £145,000 freehold.


Business rates

Rateable value: £9,600
Rates payable for 2018/19: approx £4,600

Small Business Rate reflief (100%) may apply as the Rateable Value is below £12,000


Tenure

Freehold, subject to tenancy with Anglian Windows Ltd (see property information)


Viewing

For an appointment to view please contact:

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


Property reference number

Reference: UW826
 

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.

Copyright © 2018 Underwood Warmington | All Rights Reserved