Business description

A double fronted shop investment with two flats over all fully let and rear vacant offices circa 1,000 sq.ft. plus 3 car spaces. Current gross rental circa £21k plus potential further £10k from office block. Freehold, Retail, Office, Investment

Property information

Property:

Freehold

Location:

LOCATION
The premises are located in a secondary trading position at the top of Bear Street close to the junction of Bear Street and Queen Street Car Park and the junction of Bear Street and the Inner Relief Road and are within easy level walking distance of Barnstaple town centre where there is a host of shopping facilities including Green Lanes indoor shopping precinct and an interesting selection of both local and national retailers.

Barnstaple has a population in excess of 27,500 inhabitants boosted with the influx of tourists and the town serves as the main commercial centre for the surrounding rural hinterland with a population in excess of 120,000 inhabitants.

THE PREMISES
The property comprises a ground floor lock-up shop of approximately 566 sq.ft. of retail space plus 147 sq.ft. of storage/staff room and customer and staff cloakrooms. The first floor comprises 2 2-bedroom self contained flats. To the rear of the premises there is a purpose-built 2-storey office block offering 1,000 sq.ft. of space with the benefit of valuable parking for 3 vehicles.

Other information

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