Commercial Property in Avonwick available for sale
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Commercial Property for Sale near Avonwick, South Brent

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Commercial Properties for Sale Within 5 miles of the Avonwick, South Brent

More details for 23 Fore St, Ivybridge - Retail for Sale

23 Fore St

Ivybridge, PL21 9AB

  • Retail for Sale
  • £175,000
  • 592 sq ft

Ivybridge Retail for Sale

Freehold, guide price £175,000 – £200,000. The premises are end-of-terrace and briefl ycomprise a self-contained takeaway unit to the ground floor, together with a spacious 2/3-bedroom flat to the upper floors. This impressive mixed commercial and residential investment property occupies a prime trading position in the main Fore Street of the popular and expanding South Devon town of Ivybridge. There is a full and varied selection of businesses represented nearby, all of which are serviced by a large public car park. The ground floor operates as a well-established and successful pizza business. It is currently subject to a 10-year commercial lease at a current passing rent of £9,000 per annum, exclusive of rates, subject to rent reviews every third year with the tenant responsible for the standard repairing and insuring covenants. We understand that a rent review is imminent, and it is anticipated that there will be an uplift in the current passing rent. For more details, please contact the agents. The flat is self-contained and up until recently was let on a six-month AST agreement at a rental of £750 per calendar month. It is felt that both rental levels are reasonably modest, and that when FULLY LET, the unit can generate an annual rental of approx. £18,000. An ideal opportunity to acquire a valuable mixed investment premises in a prime town centre location, capable of generating a strong annual rental.

Contacts:

Listers Property Consultants

Huntley & Partners

Property Subtype:

Shopfront Retail / Residential

Date on Market:

13/04/2026
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LoopNet UK Devon South Brent Commercial Properties For Sale in Avonwick, South Brent, UK

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FAQs about Commercial Properties For Sale in Avonwick

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How many Commercial Property listings are available for sale in Avonwick?
There are currently 2 Commercial Properties available for sale near Avonwick. These Avonwick Commercial Property listings have an average size of 614 sq ft. The largest available listing in Avonwick is 614 sq ft. The thriving commercial centre and excellent transport links in Avonwick make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Avonwick?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Avonwick currently range from £210 to £222 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Avonwick?
There is a diverse range of commercial properties available in Avonwick to suit various business needs. Avonwick offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 Avonwick commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Avonwick, South Brent

Market Overview for Commercial Properties in Avonwick

Key information for Commercial Properties investors in Avonwick and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
South Brent £216 614 sq ft
Ivybridge £134 5,020 sq ft
Kingsbridge £106 2,586 sq ft
Dartmouth £320 265 sq ft
Paignton £85 3,683 sq ft

Rental Price Trends in Avonwick

The price per square foot range for Commercial Properties in Avonwick and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
South Brent £210 £216 £222
Ivybridge £51 £134 £217
Kingsbridge £64 £106 £147
Dartmouth £320 £320 £320
Paignton £85 £85 £85

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Avonwick area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
South Brent 614 sq ft 614 sq ft 614 sq ft
Ivybridge 592 sq ft 5,020 sq ft 9,447 sq ft
Kingsbridge 825 sq ft 2,586 sq ft 5,199 sq ft
Dartmouth 265 sq ft 265 sq ft 265 sq ft
Paignton 3,683 sq ft 3,683 sq ft 3,683 sq ft

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