The premises are offered as a mixed commercial/residential opportunity. The ground floor is let on a 10 year lease, with 18 months remaining, at the current rent of £10,000 per annum.
The first floor is let on a short term tenancy agreement of a rent of £6,500 per annum.
Therefore this property is ideal as an investment, providing a lucrative and secure income. Alternatively the property will be ideal also as an owner occupier acquisition.
The business of Ferguson's Hairdressing Salon is unaffected by this sale and will continue to trade as a hairdressing salon. All viewings must be made direct with the agents Webbers Commercial.
In a busy town centre trading location at the top of Bear Street opposite a large public car park; the premises are in an eye-catching position, ideally placed for passing trade. Nearby retailers include dry-cleaners, a fireplace retailer, hairdressers, offices, bars, cafes and restaurants. Barnstaple is considered North Devon's regional centre, having a population in excess of 35,000 inhabitants and serving the rural hinterland with a population in excess of 127,000 inhabitants.
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