This is a Grade II listed building, comprising of a ground floor lock up retail shop, of approximately 1,050 sq ft with stock room behind and cloakroom. The premises have been used in the past as The Early Learning Centre and are now being occupied as a fashion outlet. It is the intention of our client, the landlord to now offer the premises on the basis of a long term lease.
This property is in a prime high street trading position; opposite Vision Express, Santander Bank and The Body Shop. Next to tReds fashion shop and Clarks shoe retailer, close to Superdrug, Boots, Natwest Bank and also to the entrance of Green Lanes indoor shopping precinct. The premises are therefore in an ideal location for passing trade and perfectly placed to take full advantage of local and tourist business. Barnstaple is North Devon's regional centre, having a population in the region of 35,000 inhabitants and serving the rural surrounding hinterland, with a population in excess of 127,000 inhabitants. The town is an expanding tourist and commercial centre with new developments coming soon to Ancorwood on the opposite banks of the river, where there are plans for major residential property and some retail developments. Barnstaple has easy access from the North Devon link road via junction 27 of the M5 motorway and has a regional railway links to Exeter and thereafter the main rail network.
The premises will be offered on the basis of a new full insuring and repairing lease for the term of years to be agreed, with the asking rent of £19,500 per annum. An incoming purchaser or tenant will need to provide the usual bank and trade references for the landlord's approval.
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