Boutport Street, Barnstaple, Devon, EX31

LOCATION
In a busy town centre location in Barnstaple close to the cinema and the southern junction of the High Street and Boutport Street. Nearby are numerous traders including toy shops, cafes, hairdressers and a host of locally operated shops.
Barnstaple is the largest commercial regional town for the whole of North Devon and has an expanding population in excess of 35,000 inhabitants. It serves the rural hinterland reaching over 127,000 people living in the area. The town has a train station connecting at Exeter and the main line.

THE PREMISES
Completely refurbished to a high standard about 5 years ago the premises have been occupied by the local charity the Devon Air Ambulance Trust who have recently expanded and moved to larger premises opposite hence the reason the premises becoming available. The premises have a good frontage for window displays and offers around 430 sq ft of shop space plus a rear stock room with two first floor stock rooms and staff cloakroom.

TERMS
We are assigning an existing lease at £14,000 per annum. The Landlord MAY consider a new lease, subject to conditions. An incoming tenant will need to supply proof of ID, two trade/professional references, proof of funds and business plan.

SERVICES
Mains electricity, water and drainage.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE
£10,000 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.