Commercial Property in Merton Devon available for sale
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Commercial Properties for Sale near Merton, Devon, Okehampton

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Commercial Properties for Sale Within 5 miles of the Merton, Devon, Okehampton

More details for 18 South St, Torrington - Retail for Sale

18 South St

Torrington, EX38 8AA

  • Retail for Sale
  • £185,000
  • 617 sq ft
  • Smoke Detector

Torrington Retail for Sale - Great Torrington

For sale by auction - Town centre commercial property. With spacious retail/restaurant area, kitchen and private 5 bedroom accommodation above. Planning consent granted for change of use to a six bed HMO. EPC Rating C. The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors. The ground floor area provides approximately 617 sq ft of space. To the rear of the property is a further retail area with a large kitchen.

Contact:

Webbers

Property Subtype:

Bar

Date on Market:

31/03/2025
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LoopNet UK Devon Okehampton Commercial Properties For Sale in Merton Devon, Okehampton, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Merton Devon

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How many Commercial Property listings are available for sale in Merton Devon?
There are currently 0 Commercial Properties available for sale near Merton Devon. These Merton Devon Commercial Property listings have an average size of. The largest available listing in Merton Devon is. The thriving commercial centre and excellent transport links in Merton Devon make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Merton Devon?
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 Merton Devon 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 Merton Devon?
There is a diverse range of commercial properties available in Merton Devon to suit various business needs. Merton Devon offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Merton Devon 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 Merton, Devon, Okehampton

Market Overview for Commercial Properties in Merton Devon

Key information for Commercial Properties investors in Merton Devon 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
Bideford £474 238 sq ft
Okehampton £61 4,154 sq ft
North Tawton £82 3,013 sq ft
Holsworthy £41 4,978 sq ft
Barnstaple £96 21,188 sq ft

Rental Price Trends in Merton Devon

The price per square foot range for Commercial Properties in Merton Devon 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
Bideford £97 £474 £851
Okehampton £53 £61 £69
North Tawton £82 £82 £82
Holsworthy £20 £41 £61
Barnstaple £42 £96 £142

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Bideford 232 sq ft 238 sq ft 243 sq ft
Okehampton 3,736 sq ft 4,154 sq ft 4,572 sq ft
North Tawton 3,013 sq ft 3,013 sq ft 3,013 sq ft
Holsworthy 4,305 sq ft 4,978 sq ft 5,651 sq ft
Barnstaple 793 sq ft 21,188 sq ft 66,244 sq ft

You searched for commercial property for sale in Merton Devon. 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.

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