Retail premises to let in 11-12 High Street, Ilfracombe EX34

£14,000 pa (£14000.00/sq. ft. pa)
Retail premises to let 1 sq. ft*
Interested in this property? Call +44 1271 618961 * or Request Details

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Property description

Location


In a prime High Street trading position within close proximity to the former Barclay's Bank and the former NatWest, the premises are located between a former electrical retailer on one side (now closed) and a cafeteria and close to Drapers Discount Store.

The premises are therefore ideal for passing trade on the 'sunny side of the street' towards the Eastern approach to Ilfracombe High Street.

The resort is North Devon's leading tourist centre having a population of approximately 11,500 inhabitants, boosted during the summer months with the influx of tourists.

In recent years, inward investment has included a Lidl's supermarket, a Tesco's supermarket, the redevelopment of the bus station car park to provide a public car park, as well as a Wetherspoons public house development on the main seafront.

In addition, the world renowned artist, Damien Hirst, has given to the town on a 20 year loan a large statue called 'Verity' located on the pier. This has attracted many thousands of extra day visitors to the resort.


The premises


Webbers Commercial have been favoured with instructions from the landlord to offer the indoor market on the basis of a brand new lease.

The premises, formerly a bingo hall, and now providing approximately 3,250 sq ft of retail space and most recently operating as an indoor market, but suitable for a variety of uses such as a snooker club, large retail premises for a single retail operator or indeed reverting back to an indoor market.

The operator of the indoor market was able to let retail kiosks to a variety of small businesses at premium rents thereby enjoying a profitable rent. The premises benefit from ladies and gents cloakroom and have access to the adjoining rear of the cafeteria next door if required.

The property is approached through a 39 ft entrance hall which opens out to the large retail area. This area is in three sections, a main retail open plan and beyond that, to the rear, two further retail areas.

In recent years the premises have been used for an indoor market, hosting a variety of traders including crafts, hairdressers and other retailers.

Excellent potential for a gym, keep fit studio, crèche, indoor soft play area, catering etc. Subject to relevant planning permissions.


Tenure


The premises are offered on the basis of a brand new lease at a commencing rental of £14,000 per annum on full repair and insuring terms, with rent reviews every three years, based on the retail price index. An incoming tenant will need to provide the usual bank and trade references for landlord's approval.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Webbers Commercial, and do not constitute property particulars. Please contact Webbers Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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