Commercial Property in South Molton available for sale
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Commercial Properties for Sale near the South Molton, UK

Commercial Properties for Sale Within 10 miles of the South Molton, UK

More details for Roborough, Roborough - Land for Sale

Roborough

Roborough, EX19 8TE

  • Land for Sale
  • £600,000
  • 4.21 ac Plot

Roborough Land for Sale - Torridge

The Old Piggery comprises a substantial single storey range of former farm buildings of concrete block construction on concrete pad, beneath a corrugated metal roof. The structure has planning permission for conversion into an unrestricted detached residential dwelling. The proposed layout would include ENTRANCE HALL, OPEN PLAN LIVING ROOM, big DINING ROOM, big KITCHEN UTILITY ROOM, FAMILY ROOM/SNUG, GAMES ROOM, 5 BEDROOMS, 4 BATHROOMS DOUBLE GARAGE. The fact that the property will be single storey may well appeal to elderly or disabled buyers. The proposed accommodation is also versatile and could cater for dual occupation by parts of the same family, or various home and income uses. The most recent planning reference under Torridge District Council is 1/0140/2023/FUL, the decision date is 19th April 2023. All relevant plans and documentation can be viewed on the planning website. EXTERNALLY there is ample parking, garage space garden curtilage and approximately 4.12 acres of land mainly laid to pasture, Lot 2 comprises a further 6.12 acres (making 10.33 acres in total) this is available in addition with a guide of £100,000. The property is therefore considered ideal for equestrian use. As far as services are concerned we understand that mains electricity is available nearby it is assumed that a bore hole will need to be dug in order to provide a private water supply. A sewage treatment plant will need to be installed and heating possibly to be via ground source heat pump. ACCESS to the property is directly off a council lane.

Contact:

Stags

Property Subtype:

Agricultural

Date on Market:

15/05/2024

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FAQs about Commercial Properties For Sale in South Molton

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

Market Overview for Commercial Properties in South Molton

Key information for Commercial Properties investors in South Molton 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
Barnstaple £149 20,094 sq ft
Chivenor £95 3,111 sq ft
Winkleigh £76 19,787 sq ft
Dulverton £488 465 sq ft
Lynton £266 4,822 sq ft

Rental Price Trends in South Molton

The price per square foot range for Commercial Properties in South Molton 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
Barnstaple £55 £149 £473
Chivenor £95 £95 £95
Winkleigh £41 £76 £110
Dulverton £488 £488 £488
Lynton £266 £266 £266

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Barnstaple 793 sq ft 20,094 sq ft 66,244 sq ft
Chivenor 3,111 sq ft 3,111 sq ft 3,111 sq ft
Winkleigh 3,573 sq ft 19,787 sq ft 36,000 sq ft
Dulverton 465 sq ft 465 sq ft 465 sq ft
Lynton 4,822 sq ft 4,822 sq ft 4,822 sq ft

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