Newport Road

LOCATION
The premises occupy a prime position in the sought-after Newport area of Barnstaple, fronting a busy route into the town centre. Nearby amenities include Park School, Newport Community School, and the popular Rock Park gardens.
The location benefits from a strong residential catchment and a mix of local businesses, including a hairdresser, greengrocer, convenience store, pub, and an Indian restaurant.
Barnstaple is North Devon’s leading commercial hub, with a population of around 35,000 and serving a wider rural area of approximately 137,000. The town continues to grow, offering major supermarkets on the outskirts, the bustling Green Lanes shopping centre, and a wide range of independent retailers.

THE PROPERTY
The property comprises a ground-floor lock-up shop, offering approximately 430 sq ft of retail space. It features a double-fronted display with a prominent corner return frontage, a rear stockroom, and a separate staff cloakroom. The premises have accommodated a variety of uses over the years and would be suitable for numerous trades, subject to any necessary planning consents.

TENURE
This lock-up shop is offered on a brand-new lease, with terms to be agreed, at an asking rent of £5,000 per annum. The incoming tenant will be responsible for all outgoings, including business rates, and will contribute towards water and insurance costs. An incoming tenant will be asked to provide proof of ID, proof of funds, two trade/professional references and CV all for Landlord's approval. Where the lease is to be taken in a company name, personal guarantors will typically be required.

SERVICES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the agents.

RATEABLE VALUE
£4,600 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for small businesses (properties with a Rateable Value below £51,000) and 48.0p for standard commercial properties.
The Rateable Value figure has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should make their own enquiries with the Valuation Office Agency or via the GOV.UK website to confirm the current Rateable Value and applicable multiplier.
Small Business Rate Relief (up to 100%) may apply where the Rateable Value is below £12,000, subject to eligibility and local authority assessment.

LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.