12A Holland Walk, Barnstaple, Devon. EX31 1DW

Property information

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Status: To Let
Price: £10,000 per annum
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 to 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 (cafe/restaurant), Katie Jayne’s (sports/beauty), Go Travel (travel agents), Fashion 4 (hair/beauty), Lemon Next to Pie (cafe), Carole Anne (jewellers) Devon Gold (jewellers) and Private Collection (ladies fashions)

The ground floor of this building provides 250 sq. ft. (23.2m2) with 178 sq. ft. (6.6m2). Retail Zone A 196 sq. ft. (18.2m2) , Zone B ,26.9 sq. ft. (2.5m2). There is useful , full height boarded loft storage space. Changing cubicles at ground & first floor. WC at first floor. Intruder alarm & CCTV surveillance

SERVICES

Mains water and electricity are connected.

ENERGY PERFORMANCE CERTIFICATE

Assessed in Band E, score 102. Copy on request.

LEGAL COSTS

Each party to bear their own legal costs.

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/cafe, 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.

Accomodation Comprises

Imperial Metric Sq Ft
GROUND FLOOR 26' (built depth) x 9' 8'' 8m x 2.9m 250 23.2
FIRST FLOOR 17' 5'' x 8' 9'' 5.3m x 2.6 m 168 15. 6


Business rates

Rateable value:   £10,000
Rates payable for 2020/21:   £4,910 (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.


Tenure

A new Lease is available - terms to be agreed


Viewing

For an appointment to view please contact:

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


Property reference number

Reference: UW862
 

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.