Commercial Property in Ilminster available for sale
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Commercial Property for Sale near the Ilminster, UK

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Explore the Latest Ilminster Commercial Property for Sale

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

More details for 16 Prigg Ln, South Petherton - Retail for Sale

Inno House - 16 Prigg Ln

South Petherton, TA13 5BX

  • Retail for Sale
  • £50,000
  • 414 sq ft

South Petherton Retail for Sale

Ground floor self-contained commercial premises for sale in village centre location by online auction. Accommodation comprising office, kitchen, store and WC facility. Located within a public car park. Suitable for a range of uses such as a hairdressers, beauticians, dog groomers or office use. NIA 38.48 SQM (414 SQ FT) The property is offered for sale by online auction with a guide price* of £50,000 with an auction finish time of 12noon on Monday 12th January 2026. LOCATION Inno House is located on the edge of the public car park off Prigg Lane, in the centre of the South Somerset village of South Petherton. Nearby local occupiers include Boots Pharmacy, Co-op Food, St Margarets Hospice charity shop and numerous pub/restaurants and cafes. The council owned car park is free to use and open to the public with electric EV charging points. DESCRIPTION Single storey commercial premises of stone and rendered elevations under a tiled roof. There is carpet throughout the office, server room/ store and kitchen plus an alarm, LED lighting and trunking with plug sockets. The ground floor premises is accessed via a timber clad metal gate into a covered canopied area with doors leading into the office or store. Office of 6.8m x 3.6m with cupboard, window to side and server cupboard/store with door to outside. Door from office into kitchen of 4m x 3.5m with high level window, base units and inset stainless steel sink. Door from kitchen into outside lobby with a concrete floor and double wooden gates to outside making it ideal for bin storage. From lobby, door to WC with a white suite of pedestal wash hand basin, WC and frosted window to side. There is no allocated car parking space with the property but the car park is free to use. ACCOMMODATION All measurements approximate. Office: 24.48 Sq M (264 Sq Ft) Kitchen: 14 Sq M (151 Sq Ft) Outside lobby: 3.61 Sq M (39 Sq Ft) WC BUSINESS RATES According to the Valuation Office website, the premises is assessed as follows: Rateable Value: £6,400. For verification purposes, interested parties are advised to make their own enquiries. GUIDE PRICE & METHOD OF SALE The property is offered for sale by online auction with a guide price* of £50,000 with an auction finish time of 12noon on Monday 12th January 2026. The property will be sold subject to a reserve price**. For further information, to register to bid, and review the auction pack, visit *The guide price is the minimum price at which the seller is prepared to sell at the date of publication. **The reserve price is the minimum price at which the auctioneer is authorised by the seller to sell the lot at auction. The lot may be sold to the highest bidder at or above the reserve price, but the auctioneer is not authorised to sell at a figure below the reserve price. Both the guide price and the reserve price are subject to change. Potential purchasers should ensure that they register their interest in the property and regularly check for updated information regarding the property, including changes to the guide price. In addition, the Buyer shall pay the auction administration fee for this lot as set out within the Buyer Information on Fees within the Legal Documents. EPC EPC rating of D. LEGAL COSTS Each party is to be responsible for their own legal costs incurred in the transaction. TENURE & POSSESSION The freehold of the property is offered for sale with vacant possession available upon completion. COVENANTS The property will be sold subject to a covenant to use the building for commercial uses only. VIEWINGS Strictly via the sole agents, Carter Jonas - Taunton office.

Contact:

Carter Jonas LLP

Date on Market:

04/11/2025
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More details for Great Western Rd, Chard - Retail for Sale

The Original Factory Shop - Great Western Rd

Chard, TA20 1EQ

  • Retail for Sale
  • 7,786 sq ft
  • Energy Performance: C

Chard Retail for Sale

The property, a former railway station, boasts a rich history dating back to 1866 and is distinguished as a Grade II listed building. Its charming single-storey structure features traditional brick elevations topped with a pitched roof, showcasing classic architectural elements. An extension has been added to the rear to enhance the sales area, making it more functional for contemporary retail needs.

Contacts:

Powell Lloyd

Vickery Holman

Property Subtype:

Shopfront

Date on Market:

02/10/2025
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LoopNet UK Somerset Commercial Properties For Sale in Ilminster, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Ilminster

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How many Commercial Property listings are available for sale in Ilminster?
There are currently 1 Commercial Properties available for sale near Ilminster. These Ilminster Commercial Property listings have an average size of 1,240 sq ft. The largest available listing in Ilminster is 1,240 sq ft. The thriving commercial centre and excellent transport links in Ilminster make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Ilminster?
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 Ilminster currently range from £122 to £122 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Ilminster?
There is a diverse range of commercial properties available in Ilminster to suit various business needs. Ilminster offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Ilminster 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 Ilminster, UK

Market Overview for Commercial Properties in Ilminster

Key information for Commercial Properties investors in Ilminster 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
Ilminster £122 1,240 sq ft
Chard £57 9,238 sq ft
Lopen £59 16,023 sq ft
South Petherton £91 414 sq ft
Wellington, Somerset £85 5,641 sq ft

Rental Price Trends in Ilminster

The price per square foot range for Commercial Properties in Ilminster 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
Ilminster £122 £122 £122
Chard £57 £57 £57
Lopen £59 £59 £59
South Petherton £91 £91 £91
Wellington, Somerset £50 £85 £155

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Ilminster 1,240 sq ft 1,240 sq ft 1,240 sq ft
Chard 7,786 sq ft 9,238 sq ft 10,689 sq ft
Lopen 16,023 sq ft 16,023 sq ft 16,023 sq ft
South Petherton 414 sq ft 414 sq ft 414 sq ft
Wellington, Somerset 1,753 sq ft 5,641 sq ft 40,000 sq ft

You searched for commercial property for sale in Ilminster. Explore 1 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.

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