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25 East St
5,000 SF of Retail Space Available in Braunton EX33 2EA
Highlights
- Impressive Village Inn in popular North Devon location
- Public bar and dining area (56)
- Extensive trading areas and accommodation
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 5,000 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
Ground
Applicants are invited to submit rental offers for a new free of tie lease. A free of tie application form must be completed in all cases (available on request). A business plan, forecast profit and loss account and proof of funds. Rental offers are invited for a new free of tie lease. Terms will be agreed by negotiation. The lease will be protected by Part II of the Landlord and Tenant Act 1954. The rent will subject to annual increases in line with the retail price index and five yearly rent reviews. The lease is assignable after the end of the first two years and will be let on fully repairing and insuring terms. Standard free of tie Heads of Terms are available on request. Rent concessions may be available (rent free period and stepped rents) depending on the level of investment envisaged or required. The first three months' rent and other contractual charges will be payable in advance and the deposit payable will be 25% of the final agreed rent. In addition you will need to provide proof of funds for professional advice, investment and working capital - the amount will be dependent on your business plan.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Kitchen
- Energy Performance Rating - E
- Demised WC facilities
- Yard
- Function room/ skittle alley
- Sports bar and games room
- Extensive trading areas and accommodation
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 25 East St , Braunton, DEV EX33 2EA
| Property Type | Retail | Year Built | 1900 |
| Gross Leasable Area | 5,000 SF | Parking Ratio | 6.4/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1900 |
| Parking Ratio | 6.4/1,000 SF |
About the Property
An attractive and substantial Inn with great street presence which will appeal to experienced publicans looking to build up a food led business in a thriving village location. The 'Aggi' is well known locally and by the thousands of visitors who explore the area and enjoy the coastline. A great opportunity to rework the existing format and to take better advantage of the extensive trade areas and the three independent flats above.
-
Mike Easton -
Vickery Holman
Learn More About Leasing Retail Properties
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25 East St
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