Retail Premises and Flat - Bideford – Bideford
Shop, retail unit to rent
£430.00 pcm 577 sq ft
Within popular pedestrianised area of the Town Centre
• Ground floor shop unit with rear stockrooms, kitchen and toilet facilities
• Shop unit currently owner occupied but suitable for producing rental income
• Self contained one bedroomed apartment let for £5,160 per annum
• Solar panels fitted producing free electricity as well as feed in tariff income
• Business available if desired
KITCHEN and TOILET with low level w.c., wash hand basin, hot water heater
Street level self contained access leading to hallway
Bideford is the administrative centre of the Torridge area and has a static population in the order of 13,000. Barnstaple, the sub-regional centre of North Devon, lies approximately 9 miles to the east, with access along the North Devon Link Road to the M5 at Tiverton. Barnstaple has a static population in the order of 25,000 with a shopping catchment population of 141,000.
The property is situated within the centre of the pedestrianised area known as Mill Street which connects Bridgeland Street and the town's High Street. Mill Street has undergone considerable investment of recent years including mixed residential and commercial development schemes close by.
Being of two storey construction under a pitched slate roof, there is a single fronted shop unit at ground floor level with rendered elevations above. The ground floor provides a retail sales area of 577 sq.ft (54 sq.m) plus a rear stockroom, kitchen and toilet facilities as well as a mezzanine floor for further storage. The first floor provides a self contained one bedroomed flat which is currently let for £430 pcm.
Our clients are inviting offers for the Freehold interest with the benefit of the existing tenancy for the flat, let for £5,040 per annum. Solar panels have been installed on the premises producing approximately 3,000 kW units of electricity for the shop as well as feed in tariff income which last year was approximately £500. If new owners desire the existing music shop business can be purchased at nil premium.
This shop, retail unit to rent is located in Bideford.