FREEHOLD SHOP INVESTMENT

Price:

Freehold - £299,950

Seller Ref:

COM110069

Location:

Devon, Barnstaple

Business Type:

Commercial Property

See Other:

Investment properties for sale in Devon
Commercial property for sale in Devon

Description:

THE BUSINESS:

A Freehold shop investment let to Warrens Bakery and producing a rental of £15,000 per annum, plus vacant floors over with potential for 2 flats, subject to the necessary planning consents. Shop let on 9 year lease from March 2007 to March 2016.

Location Details:

In a busy trading position close to the town cinema in Boutport Street in the very centre of town. The property adjoins a fashionable cake shop on one side and a fishing tackle and accessories shop on the other and nearby traders include charity shops, specialist retail outlets and the property is not far from the southern junction of Boutport Street and the main high street. Barnstaple is considered North Devon's main commercial centre having a population in the region of 27,500 inhabitants. The town serves the surrounding rural hinterland and villages with a population of approximately 120,000 inhabitants.