Commercial Property in Sticklepath available for sale
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Retail Showroom for Sale near Sticklepath

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Retail Properties for Sale Near the Sticklepath

More details for Barnstable Retail Park – Retail for Sale, Sticklepath

Barnstable Retail Park

  • Retail for Sale
  • £9,120,000
  • 66,244 sq ft
  • 2 Retail Properties

Sticklepath Portfolio of properties for Sale - Barnstaple

- Barnstaple is a historic market town situated 40 miles to the north of Exeter and 50 miles to the west of Taunton. - Large and affluent consumer base of 175,000 with a per capita spend above the consumer average. - Purpose built retail park comprising 3 retail warehousing units extending 51,001 sq ft and 220 free car parking spaces. - Car parking ratio an attractive 1:232. - Freehold – 3.8 acres. - Low total site coverage of 31%. - Prime B&Q anchored retail park located in the centre of Barnstaple, comprising 66% of the total income. - B&Q recently regeared their lease until December 2040. Other recent leases include Wren Kitchens and Farmfoods. - Total income of £651,780 per annum, reflecting a low average rent of £12.78 per sq ft. - Terms agreed for an additional £21,000 per annum of income from EV charging bays. Proposed income not included in price. - Long WAULT to expiry of 13.7 years (12.0 years to breaks). - 100% of the income is let to covenants with a Dun & Bradstreet rating of 5A1 and 5A2.

Contact:

Newmark

Date on Market:

31/03/2026
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