Commercial Property in Cornwood available for sale
4

Commercial Properties for Sale near Cornwood, UK

Commercial Properties for Sale Within 5 miles of the Cornwood, UK

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

Hide
See More
More details for Retail for Sale

41 The Ridgeway

Plymouth

  • Retail for Sale
  • £150,000
  • 635 sq ft
See More

FAQs about Commercial Properties For Sale in Cornwood

See All Properties For Sale
How many Commercial Property listings are available for sale in Cornwood?
There are currently 0 Commercial Properties available for sale near Cornwood. These Cornwood Commercial Property listings have an average size of. The largest available listing in Cornwood is. The thriving commercial centre and excellent transport links in Cornwood make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Cornwood?
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 Cornwood currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Cornwood?
There is a diverse range of commercial properties available in Cornwood to suit various business needs. Cornwood offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Cornwood 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 Cornwood, UK

Market Overview for Commercial Properties in Cornwood

Key information for Commercial Properties investors in Cornwood 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
Ivybridge £135 5,020 sq ft
South Brent £217 614 sq ft
Plymouth £125 9,045 sq ft
Roborough £63 23,137 sq ft
Down Thomas £256 20,054 sq ft

Rental Price Trends in Cornwood

The price per square foot range for Commercial Properties in Cornwood 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
Ivybridge £51 £135 £219
South Brent £211 £217 £223
Plymouth £31 £125 £517
Roborough £42 £63 £90
Down Thomas £256 £256 £256

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Ivybridge 592 sq ft 5,020 sq ft 9,447 sq ft
South Brent 614 sq ft 614 sq ft 614 sq ft
Plymouth 187 sq ft 9,045 sq ft 41,146 sq ft
Roborough 2,382 sq ft 23,137 sq ft 30,928 sq ft
Down Thomas 20,054 sq ft 20,054 sq ft 20,054 sq ft

You searched for commercial property for sale in Cornwood. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.