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51 Boutport St 1,293 sq ft 100% Let Retail Property Barnstaple EX31 1SH £200,000 (£154.68/sq ft)
Executive Summary
MIXED COMMERCIAL & RESIDENTIAL
INVESTMENT/DEVELOPMENT
51 BOUTPORT STREET
BARNSTAPLE, NORTH DEVON EX31 1SH
PRICE: OIRO £200,000 FREEHOLD
•Town centre location
•Shop unit with 2 flats above
•Further development potential
DESCRIPTION
Located in the centre of Barnstaple opposite the Scott multi-screen cinema complex, 51 Boutport Street sits amongst a variety of local traders. The property comprises a ground floor of c.1300 sq ft, which may offer conversion potential to the rear (subject to planning permission). The upper floor comprises a 2- bedroom flat and a 1-bedroom flat, both with separate and independent access of the shop unit. To the rear is a garden of around 2470 sq ft (270 sq m) which may, subject to planning permission, offer scope for further development.
COMMERCIAL
Ground floor shop extending to c.1300 sq ft (120 sq m) comprising retail, storage, kitchen and WC facilities. It is felt the rear of the shop may have development potential.
RESIDENTIAL
Separately accessed from a side entrance:
FLAT 2
2-bedroom first floor flat with kitchen and bathroom.
FLAT 1
1-bedroom first floor flat with kitchen and bathroom.
OUTSIDE
To the rear is an extensive garden/back land with possible development potential.
RATES/COUNCIL TAX
Rateable Value: £13,000. Both flats Band A.
EPC RATING
Shop: C. Flat 1: D. Flat 2: C.
THE PROPOSAL
Our clients are inviting offers based upon £200,000. It should be noted that the flats were previously let on assured shorthold tenancies. The whole to be sold with vacant possession.
TERMS
All parties will be responsible for their own legal fees.
Property Facts
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
-
- -
- 1,293 sq ft
- -
- -
Oxfam is a global organization that fights inequality to end poverty and injustice. They offer lifesaving support in times of crisis and advocate for economic justice, gender equality, and climate action. They demand equal rights and equal treatment so that everyone can thrive, not just survive. The future is equal. Inequality is the most pressing issue of their time. And for years, people have fueled their mission to end poverty and injustice. From the highlands of Central America and the corn fields of Uganda to the shores of the southern Gulf Coast in the US, Oxfam and their supporters are fighting to guarantee a life of dignity for every person in crisis and to challenge billionaires, corporations, governments, and international financial institutions to do better. Oxfam was established in 1942 and opened the UK's first charity shop in 1947. Today, amazing volunteers run their shops nationwide.
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
|
|
- | 1,293 sq ft | - | - |
Nearby Major Retailers
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The Wright Property
Presented by
51 Boutport St
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