LOCATION In a highly visible corner location facing Boutport Street and the junction of Bull Court and Vicarage Street, the premises face the incoming traffic approaching the indoor multi storey car park at Green Lanes shopping precinct. In addition the property is on a main bus route and near to Papa John’s Pizza. Barnstaple is the main commercial town serving North Devon and has a population of around 35,000 inhabitants. It has a host of national and local independent retailers and also acts as the tourist centre. THE PROPERTY Completely modernised and re-furbished throughout, our client has owned the property for the last four years and has re-wired the property, re-decorated both the ground and first floor, installed independent electric remote controlled radiators, as well as inputting a new kitchenette and cloakrooms to the first floor. There is excellent floor to ceiling ground floor window displays, concealed ceiling lights, window spot lights plus new carpets to the ground and first floor. This whole building is now available to rent and would suit as either retail or offices/professional use. Planning has been granted to use the first floor as work living quarters for an owner occupier. TERMS A new lease is available on full repair and insuring terms at a commencing asking rental of £17,000 per annum exclusive. An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval. A 3 month rent deposit will be required plus rent monthly in advance. Alternatively the freehold of the property could be available to purchase at a price of £245,000. BUSINESS RATES £9,100 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 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 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. LEASE TERMS All leases are on full repair and insuring (FRI) terms unless otherwise stated.