Asking price

£95,000

The Strand, Barnstaple, EX31

Office for sale

Office

Key Features

  • Overlooking The Strand in Barnstaple
  • Prominent office suite
  • 8 Individual offices off a large central reception
  • Staff kitchen & cloakrooms
  • Central heating & double glazing
  • Parking for 2 cars
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Tony Foster

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Property Description

LOCATION
In a prominent town centre location overlooking The Strand with the River Taw beyond. Barnstaple is North Devon's largest regional centre with a population of about 35,000 inhabitants.
The Strand is in a conservation area and there are numerous cafes, restaurants and bars in the vicinity. The High Street is a short level walk away and there are car parks nearby at Castle Quay and the former Cattle Market car park.

THE PREMISES
Approached from a ground floor foyer located at the side south elevation, stairs give access to three first floor front rooms and a further internal staircase gives access to the second floor with 6 further offices.
The premises therefore offer a suite of 3 first floor and 6 second floor offices, in all an estimated total of 1,200 sq ft plus a staff kitchenette and two cloakrooms. Ideal for other uses subject to planning consent.

TENURE
Held under a 300 year lease which was granted on 26th of June 1986. Ground rent of £10 per annum.

LEGAL ADVICE
We strongly recommend that a buyer/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 buyer/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 buyers/tenant’s responsibility.

BUSINESS RATES
£10,750 – First Floor £6,000 – Second Floor 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.

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

SERVICES AND UTILITIES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

AGENTS NOTE
This property is in a conservation area.

Key Information

Tenure:

Leasehold

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