Commercial Property in Rackenford available for sale
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Commercial Property for Sale near the Rackenford, Tiverton

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Commercial Properties for Sale Within 5 miles of the Rackenford, Tiverton

More details for Templeton, Templeton - Land for Sale

Templeton

Templeton, EX16 8BL

  • Land for Sale
  • £225,000
  • 0.08 ac Plot

Templeton Land for Sale - Mid Devon

The unlisted Old School House, formerly used as the village school until its closure in 1946, was established in 1875 to accommodate 50 children, both boys and girls, and consisted of a single schoolroom. Built with natural stone walls and adorned with cut stone quoins, it is topped with a slate roof. The structure still showcases various original Victorian Gothic architectural elements, such as stone mullioned windows and vaulted ceilings. Approval has been obtained for transforming the building into a residential dwelling, and the construction is currently in progress. The property is being sold as a partially completed conversion, with significant renovations already completed. The approved plans provide conversion of the building into a two-bedroom property over two floors comprising: on the ground floor - entrance hall/boot room (or cloakroom), open plan kitchen, dining and living area with large feature window with glazed doors opening onto a South facing enclosed garden and a bath/shower room (this could be a garden room/office with fully glazed arch topped door to the garden). A winding feature staircase, with storage under, rises to the first floor which comprises two bedrooms, airing cupboard, galleried landing and bath/shower room. There is further scope to amend the approved plans to suit individual tastes/ needs, for example, to include a third bedroom subject to any necessary planning consents.

Contact:

Stags

Property Subtype:

Residential

Date on Market:

16/06/2023
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LoopNet UK Devon Tiverton Commercial Properties For Sale in Rackenford, Tiverton, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Rackenford

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How many Commercial Property listings are available for sale in Rackenford?
There are currently 1 Commercial Properties available for sale near Rackenford. These Rackenford Commercial Property listings have an average size of 8,725 sq ft. The largest available listing in Rackenford is 8,725 sq ft. The thriving commercial centre and excellent transport links in Rackenford make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Rackenford?
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 Rackenford currently range from £163 to £163 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Rackenford?
There is a diverse range of commercial properties available in Rackenford to suit various business needs. Rackenford offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Rackenford 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 Rackenford, Tiverton

Market Overview for Commercial Properties in Rackenford

Key information for Commercial Properties investors in Rackenford 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
Dulverton £488 465 sq ft
Crediton £51 4,714 sq ft
Cullompton £140 2,519 sq ft
Exeter £260 4,827 sq ft
Winkleigh £76 19,787 sq ft

Rental Price Trends in Rackenford

The price per square foot range for Commercial Properties in Rackenford 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
Dulverton £488 £488 £488
Crediton £51 £51 £51
Cullompton £140 £140 £140
Exeter £67 £260 £1,372
Winkleigh £42 £76 £111

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Dulverton 465 sq ft 465 sq ft 465 sq ft
Crediton 4,714 sq ft 4,714 sq ft 4,714 sq ft
Cullompton 2,519 sq ft 2,519 sq ft 2,519 sq ft
Exeter 500 sq ft 4,827 sq ft 12,174 sq ft
Winkleigh 3,573 sq ft 19,787 sq ft 36,000 sq ft

You searched for commercial property for sale in Rackenford. 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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