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Investment

Investment For Sale Barnstaple

PROPERTY ID: 129530

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

55,576 sq.ft

Key Features

Ready made investment
Good local covenants
Potential for rental growth with further units to let
Site area: 3.86 acres
NIY 10.14%
Guide Price: £2,500,000

Property Details

Barnstaple is a historic town in North Devon, UK. Situated on the banks of the River Taw, it is known for its charming character, medieval heritage, and vibrant market. With a mix of architecture, picturesque streets, and natural beauty, Barnstaple offers a rich cultural and scenic experience. The Two Rivers Estate is a notable industrial and commercial area located in the town. It features a variety of accomodation, including offices, manufacturing facilities, warehouses, and retail units. The estate benefits from its proximity to major road networks, including the A361 North Devon Link Road, providing convenient access to the rest of the County.

Multi Let Industrial Investment Property Ready Made Investment Good Local Covenants Potential For Rental Growth With Further Units To Let Niy 10.14% Site Area: 3.86 Acres Barnstaple Is A Historic Town In North Devon, Uk. Situated On The Banks Of The River Taw, It Is Known For Its Charming Character, Medieval Heritage, And Vibrant Market. With A Mix Of Architecture, Picturesque Streets, And Natural Beauty, Barnstaple Offers A Rich Cultural And Scenic Experience. The Two Rivers Estate Is A Notable Industrial And Commercial Area Located In The Town. It Features A Variety Of Accomodation, Including Offices, Manufacturing Facilities, Warehouses, And Retail Units. The Estate Benefits From Its Proximity To Major Road Networks, Including The A361 North Devon Link Road, Providing Convenient Access To The Rest Of The County. The Property Comprises A Number Of Units Including Road Side Terraces With A Degree Of Glazing And Retail Frontage, Office Accommodation And Terraced And Detached Industrial Unit With Traditional Roller Shutter Doors And Forecourts. The Layout And Variety Of Accommodation Has Led To A Range Of Occupiers And A Mix Of Uses On The Site. With A Good Ration Of Carparking And An Access Road Running Through The Site Access To The Property Is Easy And Makes Site Management Simpler. Though Some Of The Buildings Have Been Refurbished Other Require New Roofs And Some Modernisation. All Buildings On Site Are Understood To Be Of Traditional Construction And Materials. Site Area 3.86 Acres. Vat Will Be Applied At The Standard Rate Where Applicable. Both Parties To Bear Their Own Legal Costs In The Transaction. An Epc Is Available For This Property. Please Contact The Agent For Further Details. Description Tenant Unit 1 Car Care Centre Unit 1 North Devon Hospice Unit 1a North Devon Hospice Unit 2 North Devon Hospice Unit 3 Barum And Dewar Unit 4 Provectus Unit 5 Alfa Ragazzi Unit 6 North Devon Hospice Unit 7 South West Windows Unit 8 Dunphy Polymers Ltd. Unit 9 Dunphy Technical Services Ltd. Unit 10 Car Care Centre Unit 11 North Devon Hospice Unit 12 Barum Engines Ltd. Unit 13 Motor Parts Direct Unit 14 Sentient Trusts T/a Pathfields School Unit 15 Gardant Security Unit 16 Vacant

About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Investment Unit

£2,500,000 Freehold

Two Rivers,Braunton Road, Barnstaple, EX31 1JY
Investment - Under Offer
55,576 sq ft
5,163 sqm
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