Retail Space for sale in Barnstaple

View the "Town Centre Commercial/ Residential Investment" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Town Centre Commercial/ Residential Investment

Barnstaple, Devon, England

  • Freehold Price: £250,000
Seller Reference: COM200014 56 Boutport Street
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Business Description
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Seller Reference: COM200014 56 Boutport Street
Request Details
Business Description
The premises were formerly two lock up shops on the ground floor which in recent years have been interlinked to combine one large shop offering approximately 588 sq ft of retail space with two stock rooms behind and two separate cloakrooms.

The stockrooms comprise on the left hand side of 92 sq ft and on the right hand side of 165 sq ft.

The ground floor were formerly let to the RSPCA charity and are now vacant.

The premises could be let as one unit or could easily revert to two lock up units and the likely rent for each is £8,000 per annum per unit.

The upper floors are currently arranged as a three bedroom self-contained flat, presently let on short hold tenancy agreement at a rental of £615 per calendar month.

Therefore this investment which is a mixed residential and commercial investment has the potential to achieve a gross rental income of £23,380 per annum.
Is accommodation included?:
Number of bedrooms:
Location Details:
In a busy town centre trading position, opposite the cinema and adjoining on one side a tattoo parlour and on the other side a hairdressers. The premises are within only yards of the Barnstaple High Street and within level walking distance of the town centre amenities.
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