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The Loft, Mill Lane Mill Rd 1,993 sq ft Industrial Property Barnstaple EX31 1JQ £349,950 (£175.59/sq ft)

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INVESTMENT HIGHLIGHTS

  • Gated entrance and walled yard / parking of 4,500 sq.ft (418 sq.m)
  • Workshops with LED lighting, alarm system, toilet facilities, 3 phase electricity
  • Specification including underfloor heating (wet system), 4’ Celotex insulation, flue for wood / multi fuel stove, fitted kitchen
  • Workshop space of 1,993 sq.ft (185 sq.m) currently configured as 2 workshops with 4 roller shutter access doors
  • Unique accommodation above consisting of ‘urban / studio style’ 2/3 bedroomed accommodation
  • Suitable for a wide variety of trades and operations

EXECUTIVE SUMMARY

Being a former grain store the property provides unique accommodation and an opportunity to acquire workspace whilst also having living accommodation above. The site is accessed via a pair of double gates with a secure walled yard area suitable for car parking or external storage. The main building is of 2 two storey construction under a pitched corrugated panelled roof with the ground floor providing a workshop of 1,152 sq.ft (107 sq.m), with pedestrian and roller shutter door. Adjoining the workshop at ground floor level is an additional single storey workshop of 841 sq.ft (78 sq.m) with a pitched corrugated panelled roof. This area has rear fire exit, 3 electric roller shutter doors, LED lighting, electrical sockets, additional lean to store, security alarm, Three Phase Electricity, office, cloakroom and toilet. There are also independent stairs to the first floor from a ground floor entrance lobby to the accommodation above which offers a unique ‘urban / studio’ conversion consisting of 2-3 bedrooms, main open plan living space and kitchen with walk in closet, balcony, airing cupboard and three-piece shower room. The property was converted by the current owners who utilised it themselves, as such specification includes gas fired underfloor heating (wet system), 4’ Celotex insulation, fitted kitchen with integrated appliances as well as a flue for wood / multi fuel stove.
Our clients are inviting Freehold proposals by midday on 20th June 2025. Guide price: £349,950 Freehold.

GROUND FLOOR:
Workshop: 1,152 sq.ft (107 sq.m) Double glazed entrance door, roller shutter door, office, LED lighting, door to lean of 111 sq.ft (10 sq.m), cloakroom, toilet, adjoining:- Workshop 841 sq.ft (78 sq.m) 3 electric roller shutter doors, LED lighting Double glazed entrance door to lobby and stairs leading to:-
FIRST FLOOR LOUNGE/KITCHEN/DINER:
Double glazed doors to balcony, underfloor heating, flue for wood burner / multi fuel stove, fitted kitchen with integrated appliances, double glazed windows BEDROOM MEZZANINE OFFICE / STORE / PLAY AREA WALK IN WARDROBE SHOWER ROOM Double shower, wash hand basin, low level w.c. MEZZANINE BEDROOM Restricted height at edge MEZZANINE BEDROOM Restricted height at edge.
To the front of the premises is a walled concrete yard area with four access gates. This external area could be utilised for car parking or external storage and is approximately 4,500 sq.ft (418 sq.m). Also available, by separate negotiation, is a Portacabin with electricity.

PROPERTY FACTS

Price £349,950
Price per sq ft £175.59
Sale Type Owner Occupier
Tenure Freehold
Property Type Industrial
Property Subtype Service
Costar Property Class C
Total Plot Size 0.18 ac
Net Internal Area (NIA) 1,993 sq ft
No. Floors 1
Year Built 1990
Tenancy Single
  • Listing ID: 35579630

  • Date on Market: 22/04/2025

  • Last Updated:

  • Address: Mill Rd, Barnstaple EX31 1JQ

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