Commercial Property in Modbury available for sale
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Commercial Property for Sale near Modbury

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Find commerical property for sale in Modbury that meets your business or investment goals

More details for Bablands, Modbury - Light Industrial for Sale

Bablands

Modbury, PL21 0SB

  • Light Industrial for Sale
  • £950,000
  • 20,322 sq ft
  • Security System
  • 24 Hour Access

Modbury Light Industrial for Sale - South Hams

A range of Grade II Listed Stone Barns offering a unique development opportunity. Planning reference 4007/21/FUL and 4008/21/LBC providing 3 residential dwellings and one holiday/ancillary residence. Plus a Class Q Barn with detailed planning permission for a 5 bedroom dwelling with extensive curtilage and paddock. All in the heart of the South Hams with great access from the A38 to Modbury, Bigbury and Kingsbridge.

Contact:

Rendells

Date on Market:

03/01/2025
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Commercial Properties for Sale Within 5 miles of the Modbury

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. 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 premises are end-of-terrace and briefly comprise a self-contained takeaway unit to the ground floor, together with a spacious 2/3-bedroom flat to the upper floors. 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 Commercial Properties For Sale in Modbury, UK

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FAQs About Commercial Property For Sale in Modbury

See All Properties For Sale
How many commercial properties are currently available for sale in Modbury?
There are currently 1 commercial properties available for sale. Sizes range from 20,322 sq ft to 20,322 sq ft, with an average size of 20,322 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Modbury?
The average asking price is approximately £34 per sq ft, with prices ranging from £34 to £34 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Modbury

Market Overview for Commercial Properties in Modbury

Key information for Commercial Properties investors in Modbury 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
Modbury £34 20,322 sq ft
Ivybridge £216 592 sq ft
Totnes £91 882 sq ft
Kingsbridge £179 1,097 sq ft
Down Thomas £254 20,054 sq ft

Rental Price Trends in Modbury

The price per square foot range for Commercial Properties in Modbury 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
Modbury £34 £34 £34
Ivybridge £216 £216 £216
Totnes £91 £91 £91
Kingsbridge £102 £179 £329
Down Thomas £254 £254 £254

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Modbury 20,322 sq ft 20,322 sq ft 20,322 sq ft
Ivybridge 592 sq ft 592 sq ft 592 sq ft
Totnes 882 sq ft 882 sq ft 882 sq ft
Kingsbridge 489 sq ft 1,097 sq ft 1,733 sq ft
Down Thomas 20,054 sq ft 20,054 sq ft 20,054 sq ft

You searched for commercial property for sale in Modbury. 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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