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Property Investment /<br />

Development Opportunity<br />

36, 37 / 37a and the rear of 35<br />

Boutport Street<br />

Barnstaple, Devon, EX31 1RX<br />

Freehold<br />

■■Located in the town centre<br />

■■Situated between Queen Street car<br />

park and the High Street<br />

■■From the upper floors there are<br />

<strong>view</strong>s across the town centre of the<br />

Taw Estuary and Down<br />

Stream Bridge<br />

■■Grade II listed building including<br />

ground floor retail unit and<br />

4 upper floors<br />

■■Potential for con<strong>version</strong> of the rear<br />

ancillary space, upper floors and<br />

storage building for other alternative<br />

uses (subject to planning)<br />

■■0.18 acres (0.07 Ha) development<br />

site with Grade II listed facade<br />

■■Potential for redevelopment of<br />

the site for other alternative uses<br />

(subject to planning)<br />

■■Available as a whole or in 2 lots<br />

savills.co.uk


Location<br />

Barnstaple is located at the head of the<br />

Taw Estuary, near the north coast of<br />

Devon, and is approximately 41 miles<br />

north west of Exeter.<br />

The town is the Regional Service Centre<br />

for North Devon, Torridge and Exmoor<br />

National Park and it is the administrative<br />

c+entre for the North Devon district.<br />

Barnstaple has a residential population<br />

of approximately 30,765 people (Source:<br />

2001 Census) which is supplemented<br />

during the holiday season with holiday<br />

makers and day-trippers. The town has<br />

a catchment population within a 12 mile<br />

(20 km) radius of approximately 116,103<br />

people (source: Focus Report).<br />

Barnstaple has a comprehensive range of<br />

educational, ecclesiastical, cultural, leisure<br />

/ tourism and shopping facilities, including<br />

Park and Pilton Community Colleges,<br />

Petroc College, Rock Park, North Devon<br />

Leisure Centre, Tarka Tennis Centre,<br />

Queen’s Theatre, Butcher’s Row and<br />

Pannier Market, North Devon Museum,<br />

Barnstaple Library, a town square and<br />

clock tower and Green Lanes<br />

shopping centre.<br />

Distances<br />

■■<br />

Bideford 10 miles<br />

■■<br />

M5 (J27) 35 miles<br />

■■<br />

Exeter 41 miles<br />

■■<br />

Bristol 96 miles<br />

(distances approximate)<br />

Communications<br />

Road – the A361 links Barnstaple with<br />

the M5 motorway at junction 27 which is<br />

approximately 35 miles away.<br />

Rail – Barnstaple railway station is<br />

approximately 0.8 miles away. It provides<br />

branch line services to Exeter St Davids<br />

and Exeter Central, which in turn have<br />

main line services to London Paddington<br />

and London Waterloo respectively.<br />

Air – Exeter International Airport is<br />

approximately 52 miles away. It has<br />

scheduled and chartered flights to a range<br />

of national and international destinations.<br />

Property<br />

36, 37 / 37a and the rear of 35 Boutport<br />

Street are located in the town centre<br />

facing west towards the Queen’s Theatre<br />

and Butcher’s Row.<br />

36 Boutport Street is a very prominent<br />

building and can be seen from the junction<br />

of Butcher’s Row and the High Street,<br />

which is the prime retail pitch.<br />

The property is abutted to the north by<br />

Giovanni’s Italian restaurant and The<br />

Panniers public house (J D Wetherspoon)<br />

and to the south by Barclays Bank and<br />

the Post Office.<br />

36 Boutport Street is a Grade II listed<br />

building built in 1905 and includes a<br />

ground floor retail unit, 4 upper floors and<br />

a service yard with circulation area and car<br />

parking. The rear of 35 Boutport Street<br />

includes a single storey storage building<br />

(with mezzanine) which is accessed via<br />

the service yard at the rear of 36 Boutport<br />

Street. From the upper floors there are<br />

<strong>view</strong>s across the town centre of the Taw<br />

Estuary and Down Stream Bridge.<br />

37 / 37a Boutport Street is a 0.18 acres<br />

(0.07 Ha) development site with Grade II<br />

listed facade. The site is currently used<br />

as a car park.<br />

Schedule of Accommodation<br />

The Opportunity<br />

36 Boutport Street offers the opportunity<br />

for prospective purchasers to let, sell or<br />

occupy the ground floor retail unit and<br />

convert rear ancillary space, the upper<br />

floors and the single storey storage<br />

building at the rear of 35 Boutport Street<br />

for other alternative uses (subject to the<br />

grant of Planning Permission and Listed<br />

Building and Conservation Area Consent).<br />

37 / 37a Boutport Street offer the<br />

opportunity for redevelopment of the site<br />

as a pedestrian link (see below) or for<br />

other alternative uses (subject to the grant<br />

of Planning Permission and Listed Building<br />

and Conservation Area Consent).<br />

Planning<br />

North Devon Council produced a<br />

Development Brief (adopted January<br />

2005) for the re-development of Queen<br />

Street and Bear Street (including the<br />

Queen Street car park) as a mixed-use<br />

development site. The Development<br />

Brief was followed by planning policy<br />

(Proposal BAR6) in the North Devon Local<br />

Plan (adopted July 2006) which identifies<br />

Queen Street and Bear Street (including<br />

the car park) as an allocation for a mixeduse<br />

redevelopment site.<br />

The proposal for this area within planning<br />

policy BAR6 is for up to 172,224 sq ft<br />

(16,000 sq m) of gross retail floor space<br />

including a food store of 10,764 sq ft<br />

(1,000 sq m) net floor space, 80 residential<br />

units, WCs, leisure, community and<br />

commercial facilities, car parking and<br />

Floor Type GIA (NIA) sq m GIA (NIA) sq ft<br />

Ground Retail 103.3 (103) 1108.99 (1108.72)<br />

Ground Ancillary 70.93 763.45<br />

Sub-total 173.93 1872.17<br />

First Ancillary 170.80 1838.44<br />

Second Ancillary 150.90 1731.87<br />

Third Ancillary 103.97 1119.11<br />

Fourth Ancillary 27.36 294.53<br />

Sub-total 463.02 4983.94<br />

Total 636.95 6856.12<br />

Michael J Ralph has produced floor plans for 36 Boutport Street at a scale of 1:50. The<br />

measurements contained within the schedule have been taken off the plan and have<br />

been measured in accordance with the RICS Code of Measuring Practice (6th Edition).<br />

All interested parties should not rely on these measurements and should verify these on<br />

site themselves.<br />

the provision of a pedestrian and bicycle<br />

link from the site to the existing retail<br />

frontage on Queen Street, Bear Street and<br />

Boutport Street.<br />

In the historic Wilson Bowden<br />

Developments proposal for the<br />

redevelopment of Queen Street and Bear<br />

Street (including the car park) it included<br />

a department store of 90,000 sq ft (8,361<br />

sq m), leisure facilities (multiplex cinema,<br />

bowling alley and bingo hall), food store,<br />

up to 50 new retail units, new multi-storey<br />

car park, up to 50 residential units and a<br />

new central square.


The development site at 37/ 37a was<br />

identified in the Development Brief<br />

and shown within the Wilson Bowden<br />

Developments proposal as the pedestrian<br />

link between the proposed mixed-use<br />

development site and the High Street via<br />

Butcher’s Row.<br />

Listing and<br />

Conservation Area<br />

Boutport Street is a Conservation Area<br />

and 36, 37 / 37a and the rear of 35<br />

Boutport Street fall within this area. 36<br />

Boutport Street is a Grade II listed building<br />

(LBS number: 485491). The facade of 37 /<br />

37 a Boutport Street is also Grade II listed<br />

(LBS number 485492).<br />

Use Class<br />

36 Boutport Street falls within Class A1<br />

of the Use Classes Order.<br />

Local Authority<br />

North Devon Council,<br />

Civic Centre,<br />

North Walk,<br />

Barnstaple,<br />

Devon<br />

EX31 1EA<br />

T: +44 (0) 1271 327 711<br />

E: planning @northdevon.gov.uk<br />

W: www.northdevon.gov.uk<br />

Method of Sale<br />

The property is being offered for sale<br />

by private treaty.<br />

Lotting<br />

The property is available as a whole<br />

or in 2 lots.<br />

Lot 1 comprises of 36 and the rear of 35<br />

Boutport Street. This lot is outlined and<br />

hatched red, for identification purposes,<br />

on the site plan which forms part of the<br />

sales brochure. Our client’s preference is<br />

to retain the single storey storage building.<br />

Lot 2 comprises of 37 / 37a Boutport<br />

Street. This lot is outlined and hatched<br />

blue, for identification purposes, on the<br />

same site plan.<br />

Tenure and Possession<br />

The freehold of 36, 37 / 37a and the rear<br />

of 35 Boutport Street are being offered for<br />

sale on an unconditional basis with vacant<br />

possession (if required) on completion.<br />

The Rotary Club occupies the ground floor<br />

retail unit at 36 Boutport Street and the<br />

Pannier Market traders occupy the site at<br />

37 / 37a Boutport Street for car parking.<br />

Both parties occupy on an informal basis.<br />

Business Rates<br />

We understand from the VOA 2010 Rating<br />

List that the ground floor of 36 Boutport<br />

Street has a Rateable Value of £22,750<br />

and the upper floors of the same building<br />

have a Rateable Value of £7,100.<br />

We also understand that 37 / 37a<br />

Boutport Street has a Rateable Value of<br />

£14,500. All interested parties should<br />

make their own enquiries of the VOA.<br />

VAT<br />

We understand that our client has not<br />

opted to charge VAT. All interested<br />

parties should make their own<br />

enquiries of HMRC.<br />

Rights of Way, Wayleaves<br />

and Easements<br />

36, 37 / 37a and the rear of 35 Boutport<br />

Street have a pedestrian and vehicular<br />

right of way across the Queen<br />

Street car park.<br />

The sale is subject to all rights of support,<br />

public and private rights of way, water,<br />

light, drainage and other easements,<br />

quasi-easements, all or any other like<br />

rights, whether mentioned in these<br />

particulars or not.<br />

Service Enquiries<br />

All mains services are available. All<br />

interested parties should make their own<br />

enquiries of the Statutory Undertakers.<br />

Energy Performance<br />

Certificate<br />

The Energy Performance Certificate for 36<br />

Boutport Street is seperately attached.<br />

Directions<br />

From the M5 motorway at junction 27<br />

take the A361 (signed Barnstaple) and<br />

continue for approximately 34 miles. On<br />

the outskirts of Barnstaple at the Portmore<br />

roundabout take the second exit onto<br />

the A39 (Eastern Avenue) and continue<br />

for approximately 1 mile passing<br />

through 2 roundabouts.<br />

At the next roundabout take the second<br />

exit on the A39 (Belle Meadow Road)<br />

and continue for approximately 0.3 miles<br />

passing through 1 roundabout. At the next<br />

roundabout take the second exit onto<br />

Queen Street and continue onto Malletts<br />

Lane and park in the Queen Street<br />

car park.<br />

From the car park walk through the<br />

passageway between the Queen’s Medical<br />

Centre and Artavia House and turn<br />

right and walk along Queen Street and<br />

Boutport Street and the property will be<br />

found on the right after Barclays Bank.<br />

Additional Information<br />

Additional information is available in the<br />

CD Information Pack which is available<br />

on request.<br />

Viewings<br />

All <strong>view</strong>ings by appointment with<br />

the sole agents <strong>Savills</strong>.<br />

Brochure produced 05/09/12


NOTE - Published for the purposes of identification only and<br />

although believed to be correct its accuracy is not guaranteed.<br />

Reproduced from the Ordnance Survey Map with the<br />

permission of the Controller of H.M. Stationery Office © Crown<br />

copyright licence number 100024244 <strong>Savills</strong> (L&P) Limited.<br />

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed.<br />

Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence<br />

number 100024244 <strong>Savills</strong> (L&P) Limited.<br />

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the<br />

Controller of H.M. Stationery Office © Crown copyright licence number 100024244 <strong>Savills</strong> (L&P) Limited.<br />

Important Notice<br />

<strong>Savills</strong>, their clients and any joint agents give notice that:<br />

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their<br />

own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars.<br />

These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.<br />

2. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily<br />

comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and <strong>Savills</strong><br />

have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.<br />

3. We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water<br />

contamination and the purchaser is responsible for making his own enquiries in this regard.<br />

<strong>Savills</strong> Exeter<br />

The Forum, Barnfield Road<br />

Exeter, Devon, EX1 1QR<br />

+44 (0) 1392 455 700<br />

Mark Chugg<br />

+44 (0) 1392 455 715<br />

mchugg@savills.com<br />

Katie Walker<br />

+44 (0) 1392 455 717<br />

kwalker@savills.com<br />

savills.co.uk

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