Castle Park Road, Barnstaple, Devon, EX32

LOCATION
With over 40,000 inhabitants including nearby villages, Barnstaple is a thriving town near to beautiful beaches and countryside, and the centre of North Devon in commerce, culture, education and service provision. It has a wide variety of businesses attracting tourists and permanent residents year-round, including a vibrant and diverse collection of bars and restaurants for evening footfall. Barnstaple is easily reached via the A361 which leads to the M5 at Junction 27, has a station with hourly trains to Exeter at peak times, and Exeter airport is an hour away. The town is rapidly expanding with several new housing and commercial developments currently underway, and more than 5,000 new houses and further economic development planned for the near future. The notable towns of Bideford (9 miles), Woolacombe (14 miles), Ilfracombe (12 miles), South Molton (12 miles) and Torrington (14 miles) are also nearby.

THE SITUATION
The property is situated just off the A361 / A39 Link Road on the established Business Park of Castle Park Road. Occupants close include Rexel Electrical, Brandon Hire Station and Plumbase.

THE PROPERTY AND CONSTRUCTION
Being an end of terrace industrial / business unit, the premises has brick work to the front elevation to circa 7` (2.15 m) with insulated cladding above under a pitched roof with insulated profiled roof cladding and approximately 10% translucent roof panels. Specification includes roller shutter door, Three Phase electricity, power floated floor, personnel access door, gas central heating, reception office, meeting room, canteen, toilet and shower facilities, Three Phase Electricity and a mezzanine floor. The unit measures 65`0 x 48`11 (19.80m x 14.90m) with a GIA of 3,185 sq.ft (185 sq.m) and a mezzanine floor of 1,057 sq.ft (98 sq.m). To the front of the unit is parking for 3 vehicles plus apron in front of the roller shutter door, with further visitor customer / visitor spaces on the Estate.

THE PROPOSAL
Our clients are inviting offers for the Freehold interest which is sold with the benefit of the existing commercial lease. It should be noted that the sale of the property does not affect the operation of the business.

THE LEASE
Having been in occupation since 2019 the lease was renewed in 2024 as follows: 4 year lease term at a rent of £18,600 pa, rent review in 2026. Lease held on a full repairing and insuring basis subject to a Schedule of Condition which is annexed to the lease. There is a Tenant's break option in June 2026, with 6 months prior written notice.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

VAT
If applicable, at the prevailing rate.

THE ACCOMMODATION (comprises)

GROUND FLOOR

INDUSTRIAL / WAREHOUSE UNIT
GIA 3,185 sq.ft (296 sq.m) Roller shutter door, power floated floor, 10% translucent roof panels, three phase electricity, LED lighting, reception entrance office, meeting room, canteen, toilet and shower facilities. Mezzanine floor of 1,057 sq.ft (98 sq.m).

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients' properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
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