About this property

PRIME HIGH STREET PROPERTY TO LET
25 HIGH STREET, BARNSTAPLE EX31 1BL

PRIME HIGH STREET PROPERTY TO LET

25 HIGH STREET

BARNSTAPLE EX31 1BL

SITUATION

Barnstaple is the regional centre for North and Mid Devon situated some 40 miles north-west of Exeter and 45 miles west of Taunton. The town is a popular tourist destination which has a significant impact upon consumer spending levels in the town. Barnstaple has a largely unopposed retail catchment population within 5 miles estimated to be 49,488 inhabitants.

LOCATION

This property occupies a prominent trading location facing down Cross Street close to the Pannier Market; it is situated adjacent to Marks & Spencer, Wimpy and close to branches of Rieker Shoes, Milletts, Shoe Zone, Caffe Nero, Mountain Warehouse and Boots Opticians.

DESCRIPTION & ACCOMMODATION

This attractive period property is arranged on ground and 3 uppers floors, having the following dimensions and floor areas:

FRONTAGE                        19 ft 3 ins (6.3 m)

SHOP & BUILT DEPTH    49 ft 0 ins (16 mtrs.)

GROUND FLOOR AREA 876 sq ft (81.37 sq.m)

FIRST FLOOR                     617 sq ft (57.31 sq.m)

SECOND FLOOR               777 sq ft (72.17 sq.m)

THIRD FLOOR                   269 sq ft (24.98 sq.m)

TERMS

We are instructed to offer the entire property on a new full repairing and insuring lease for a term of 15 years with the provision for 5 yearly upwards only rent reviews.

RENTAL

Our clients require a commencing rental in the region of £25,000 per annum exclusive.

LEGAL COSTS

Each party to be responsible for the payment of their own costs incurred in any transaction.

EPC

Will be provided to interested parties