Log In/Sign Up
Your email has been sent.
THE RAILWAY STATION, BARNSTAPLE
Sticklepath EX31 2AU
Retail Property For Sale


Investment Highlights
- Established cycle hire business trading since 1993
- Rent of £6,400 per annum
- Direct access to the Tarka Trail
Executive Summary
Leasehold business sale of a well-established and profitable cycle hire operation located at Barnstaple Railway Station, positioned directly on the renowned Tarka Trail / South West Coast Path.
The sale comprises the leasehold interest only, to include the goodwill of the business together with all trade fixtures, fittings and equipment. The business operates from a self-contained unit within the railway station and is configured as a reception area, workshop, bike stores (including mezzanine storage), WC facilities, and covered and open hardstanding areas.
The business has traded from this location since 1993 and currently operates on a seasonal basis from March to October, generating strong turnover with a low cost base, including a current rent of £6,400 per annum and eligibility for 100% Small Business Rates Relief (subject to status).
The guide price of £84,950 is for the leasehold interest, goodwill, fixtures and fittings, with stock available by separate valuation (SAV estimated at £51,000).
This opportunity would suit an owner-operator seeking a lifestyle and leisure business in a high-footfall, tourism-driven location with excellent transport connectivity.
The sale comprises the leasehold interest only, to include the goodwill of the business together with all trade fixtures, fittings and equipment. The business operates from a self-contained unit within the railway station and is configured as a reception area, workshop, bike stores (including mezzanine storage), WC facilities, and covered and open hardstanding areas.
The business has traded from this location since 1993 and currently operates on a seasonal basis from March to October, generating strong turnover with a low cost base, including a current rent of £6,400 per annum and eligibility for 100% Small Business Rates Relief (subject to status).
The guide price of £84,950 is for the leasehold interest, goodwill, fixtures and fittings, with stock available by separate valuation (SAV estimated at £51,000).
This opportunity would suit an owner-operator seeking a lifestyle and leisure business in a high-footfall, tourism-driven location with excellent transport connectivity.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
510 SF
Building Class
B
Year Built
1950
Price
$115,698
Price Per SF
$226.86
Cap Rate
7.53%
NOI
$8,712
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.02 AC
Parking
2 Spaces (3.92 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Wheelchair Accessible
- Storage Space
- Smoke Detector
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
