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76 High Street, Barnstaple, Devon, EX31 1HX

Investment – Freehold Disposal

John Arkwright & Co are instructed to dispose the Freehold interest of 76 High Street, Barnstaple. Salient details as follows.

  • Barnstaple is the main retailing centre of north Devon with a large catchment area.
  • Situated on the 100% prime retail pitch.
  • Well configured floorspace.
  • Let to the undoubted covenant of W H Smith Retail Holdings Limited.
  • Lease expiring 16th November 2025, proving approximately 3.4 years term certain.
  • Passing Rent of £151,000 p.a.
  • Quoting £1,350,000 which reflects a net initial yield of 10.55% after purchaser’s costs.

Please click on the following link for details – 76 High Street, Barnstaple

For further information please contact either Ed Bunbury or Bertie Arkwright