Shop 5 – Queens Walk, Barnstaple Fantastic 32.6m² retail/office unit in the busy Queens Walk, perfectly placed between Queen Street Car Park and Bear Street.
With competitive rent at £500 pcm (£6,000 pa) and landlords open to flexible lease terms – including short-term lets and pop-up shops – this is an ideal spot for independents, start-ups or established retailers looking to expand.
Prime central location with high footfall Class E use – versatile business opportunities Potential 100% small business rates relief
Contact Collyers Estate Agents today on[use Contact Agent Button] to arrange your viewing.
Retail Opportunity – Shop 5, Queens Walk, Barnstap - The Situation An opportunity to lease a well-positioned retail premises within the popular Queens Walk, a busy pedestrian thoroughfare that links Queen Street Car Park – one of Barnstaple’s largest car parks – with Bear Street. This prime location benefits from excellent passing trade and consistent footfall.
The Description The accommodation comprises a ground floor retail/office unit of 32.6m², finished with laminate flooring and strip lighting. Tenants also enjoy access to shared toilets and tea/coffee making facilities, available to all occupants of Queens Walk.
The Proposal Our client is seeking to grant a new lease on the following terms:
£6,000 per annum (£500 per month)
Minimum lease term: 2 years
Flexible Letting Options The landlords are supportive of a wide range of business types and open to flexible letting arrangements. Alongside standard longer leases, they are also prepared to consider:
Short-term lettings
Pop-up shop opportunities
This makes the property ideal both for established retailers seeking a permanent base and for start-ups, independents or seasonal traders wishing to test the market.
The Accommodation
Retail/Office: 32.6m²
Laminate flooring & strip lighting
Access to shared WC and kitchen facilities
Planning The property falls within Class E of the Town and Country (Use Classes Order 1987), permitting a variety of commercial uses including retail, office, cafés, and other customer-facing businesses (subject to consents where required).
Rates We are advised by the Local Rating Authority that the premises are currently assessed as follows:
Rateable Value: £5,900
Properties with a rateable value of £12,000 or less may qualify for 100% small business rates relief, and interested parties are encouraged to make their own enquiries with North Devon District Council.
Energy Performance Certificate Available upon request.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
Key Selling Points
Prime location in Queens Walk, linking Queen Street Car Park and Bear Street
Strong pedestrian footfall
Versatile open-plan layout
Flexible lease options (including pop-up use)
Competitive rent at £500 pcm
Potential for small business rates relief
For further information or to arrange a viewing, please contact Collyers Estate Agents on[use Contact Agent Button].
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