Queens House, Queen Street, Barnstaple, Devon, EX32

LOCATION
In a convenient trading position close to the Bus Station in Queen Street and the approach road to Barnstaple town centre. Nearby is the main town centre car park which has 235 spaces. Other traders in the vicinity include hairdressers, cafes, an art gallery, offices and takeaways.

THE PREMISES
In a modern parade of shop units these premises have a ground floor retail space of around 558 sq ft with WC, valuable rear stock room space of around 120 sq ft and to the rear of the building is a parking space for one car. Ideal for a variety of uses, subject to any necessary planning consent (not to conflict with other traders in the parade).

TERMS
New 5 year lease with a 3 year break clause on full repair and insuring terms at a step rent incentive - Year 1: £8,000 rental per annum, Year 2: £9,000 rental per annum & Year 3: £10,000 rental per annum thereafter. All rental prices plus VAT. An incoming tenant will be asked to provide proof of ID, proof of funds, two trade/professional references and CV all for Landlord's approval. There is also a yearly building insurance charge of £264.

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.

BUSINESS RATES
£7,500 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above.
The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website.
Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.

VAT
We understand that our client has opted to charge VAT. All interested parties should make their own enquiries of HMRC.

SERVICES AND UTILITIES
Mains electricity, water and drainage. 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