JOY STREET, BARNSTAPLE, NORTH DEVON, EX31 1 BS
Status:
Available
Price:
£8,250 per annum
Reference Number:
1570

RETAIL UNIT CLOSE TO HIGH STREET - ELIGIBLE FOR FULL RATES RELIEF - FLEXIBLE LEASE TERMS

RENTAL: £8,250 per annum

LOCATION
Geographically, Barnstaple sits on the banks of the River Taw near the North Devon coastline.  The area enjoys a unique topography with an extensive sandy beach coastline and close proximity to Exmoor National Park. Barnstaple has expanded from its market town origins, to become the area's Regional Centre.  Several national house builders are completing residential developments within the town and its suburbs.   Commercially the town contains many of the major national retailers and several edge of town developments have been completed.   The sustained wealth and growth of the area has been enhanced following the building of the A361 linking North Devon to the M5 at Tiverton.  The road network has been further enhanced by the construction of the downstream bridge at an estimated cost of £40m.

THE SITUATION
The unit is situated within the pedestrianised thoroughfare of Joy Street which connects to both the town's High Street and Boutport Street.  There are an assortment of mixed retail, office and leisure users within close proximity including Lloyds Bank, TX Maxx, JD Wetherspoons as well as Banbury’s Department Store.  The entrance to both Green Lanes Shopping Centre and its Multi Storey car park are also close by.

ACCOMMODATION
Arranged as ground floor single fronted retail unit, rear stockroom, kitchenette and toilet facilities.

Net Frontage   13`6  (4.10 m)
Gross Frontage 16`0  (4.90 m)
Internal Width  Max 15`0  (4.55 m)
Max Depth  44`1  (13.45 m)
GIA    661 sq ft 61 sq m

Specification includes wood flooring, spot lighting and storage cupboard

REAR STOCKROOM with kitchenette and stainless steel wash hand basin

TOILET with low level w.c.

TERMS
The premises are available by way of a new lease, term to be agreed, with a tenants rolling break clause from month 12 with 3 months notice.

RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2017 Listing): £7,900 Rates Payable: £3,808 based on uniformed business rate of 48.2p in the pound.  As from April 2017 properties with a rateable value of £12,000 or less will be eligible to apply for 100% business rates relief.  Occupiers may qualify for reliefs and are advised to make their own enquiries of Torridge District Council.

VAT
Payable, if applicable, at the prevailing rate.

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

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

VIEWING
Strictly by prior appointment through the sole agents, JD Commercial. 


IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1.  The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract.  Prospective purchasers should seek their own professional advice.
2.  All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.  No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4.  No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1.  All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full.  However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk