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” One of Bideford Best know Commercial Premises ” is how we would describe this property. Formerly Chopes Department Store ( a family established and run retail business) and more recently M&Co, we are delighted to offer these extensive premises TO LET.

“Expressions of Interest and Rental proposals are invited. Short & Long term proposals will be considered on their merits. There is potential to split the property to create smaller, rentable space.

LAYOUT & DIMENSIONS

The following net usable space information has been obtained from the Valuation Office Website (Business Rates)

Overall ground floor space – 7690 sq. ft. (715m2) arranged as:-

Retail Zone A  – 957 sq. ft. (88.9 m2)

Retail Zone B – 1105 sq. ft (102.7 m2)

Retail Zone C – 1126 sq. ft.(104.6m2)

Retail Zone D – 1161 sq. ft. (107.9 m2)

Remaining retail zone –  3341 sq. ft.(310.4 m2)

First Floor Offices/Internal storage/staff rooms/WC’s – 2,555 sq. ft. (237m2)

Second Floor Offices – 1189 sq. ft. (110 m2)

LOCATION

With a resident population of around 32,000 including nearby villages, Bideford is the second largest town in North Devon, and the town has a reputation as a pleasant place to live, work and visit. In recent years Bideford has benefited from lots of investment and development, including the ongoing Atlantic Park retail area and improvements to the historic town centre and quayside, and the current Local Plan allows for a further 4,000 homes plus leisure facilities. Bideford is within 3 miles of some well-known North Devon locations such as Appledore, Westward Ho!, Instow and Northam and only 9 miles from the area’s commercial centre of Barnstaple. It is also within a half-hour’s drive of Exmoor National Park, the beaches around Woolacombe, Croyde and Saunton, and the Devon-Cornwall border.

THE SITUATION

The property is situated on the High Street close to Ladbrokes and Halifax.  Other occupiers in the immediate vicinity include Original Factory Outlet, Co-Op Pharmacy and Poundstretcher.  The Towns historic quayside area is close by which is also the location for much of the Towns car parking. Bridge Street customer car park (100 spaces) is located at the rear of the premises – direct access to the premises can be gained from here.

PLANNING

The premises benefits from Class A1 (retail). Changes to the Use Classes Order (1 September 2020) revoke this Class, replacing it with a new Class, E (a, b. c) . In practical terms, use of this and many other Commercial Properties will be open to a large number of other trades and trading styles, without the need to obtain planning permission. This includes:- financial & professional services; restaurant & cafes; offices; research & development; light industry; gyms; medical; health centre; day centres etc. We are pleased to discuss potential uses of this property with interested parties.

TERMS

The premises are made available by way of a new lease, with short and long propositions considered upon merit.

VAT

VAT is payable on the rent, at the appropriate rate

PHOTOGRAPHY

Please note that the photograph of these premises shows occupancy by the previous tenant. It is now not trading & vacant.

ENERGY PERFORMANCE CERTIFICATE

Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

RATES

Rateable Value £53,500 – rates payable 2020/21 £26,000 pa – various rates reductions, payment holidays, incentives may apply. Interested parties should contact Torridge District Council @ Bideford for further information.

LEGAL COSTS

Each party is responsible for their own legal costs incurred in the transaction.

VIEWING

Strictly by prior appointment through the sole agents, UNDERWOOD WARMINGTON

Business rates

Rateable value:	£0
Rates payable for :	£0 (approx)