Suite 7 Riverside Court, Castle Street, Barnstaple, Devon. EX31 1DR

Property information

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Status: To Let
Price: 11,700
Tenure: Leasehold

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. The town offices 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 Riverside Offices complex is a modern development of varying size office suites. They are conveniently located in a town centre position close to the Civic Centre and several local authority car parks. Suite 7 is located at second floor level

Suites 7 (second floor)

The premises are accessed via a contemporary external steel staircase and then intenal steel stair case to second floor level. The suite comprises 6x offices which includes a Reception Office, Server Room (stationery cupboard), Kitchen and Male and Female toilets. The appointment is modern throughout with suspended ceilings,telephone and internet connection sockets and fitted carpeting. Heating is via modern electric storage heaters.

Approximate quarterly service charges:- water,sewerage & refuse collection £130.56 (plus VAT) and Service Charge (maintenance of building) £154.18 (plus VAT) Building Insurance £139.19 per annum

OUR LANDLORD CLIENT MAY CONSIDER LETTING THE PREMISES AS TWO SEPERATE SUITES – THE CONFIGURATION OF THE OFFICE SUITE WOULD PROVIDE FOR THIS.

Accomodation Comprises

Imperial Metric Sq Ft
Office 1 12' 2'' X 9' 0'' 3.7m x 2.8m
Office 2 12' 2' x 10' 8'' 3.7m x 3.3m
Office 3 27' 7'' x 18' 1'' 8.5m x 5.5m
Server Room (Racked for stationery storage.) 19' 5'' x 5' 2 '' 6m x 1.6m
Kitchenette 8' 4'' x 8' 2'' 2.6m x 2.5m
Ladies & Gentlemans WC facilities
Office 4 (Fitted PC work unit) 14' 7'' x 8' 4'' 4.5m x 2.5m
Reception Office (5) 19' 5'' 14' 9'' 6m x 4.5m
Office 6 11' 7'' x 7' 9'' 3.6m x 2.4m
Net Useable Floor Space 1400 sq ft 130m2


Business rates

Rateable value:   £5,100
Rates payable for 2019/20:   £2,504 (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

The premises are available to rent on NEW LEASE TERMS - Short or Long term occupations will be considered by the Landlord. Early completion can be given.


Viewing

For an appointment to view please contact:

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


Property reference number

Reference: UW 826
 

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.