Commercial Property in St Thomas Exeter available for sale
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Commercial Property for Sale near St Thomas, Exeter, Exeter

Explore the Latest St Thomas Exeter Commercial Property for Sale

More details for 24 Cowick St, Exeter - Retail for Sale

24 Cowick St

Exeter, EX4 1AL

  • Retail for Sale
  • £185,000
  • 1,072 sq ft
  • Air Conditioning
  • Security System

Exeter Retail for Sale

The property is offered for sale freehold at a guide price of £185,000. The property is held by way of a full repairing and insuring lease for a term of 15 years from 29th September 2014 by Bradleys Group Limited. Company Registration number: 02866127. Bradleys Group Ltd was incorporated in October 1993. The passing rent is £14,900 per annum subject to review on a 5 yearly basis. The tenant had a option to break at the end of September 2024 which was not exercised. The property comprises a mid terrace period building providing a ground floor retail unit and first floor office together with two basic store rooms. Outside there is an enclosed courtyard with access only through the shop. Exeter is the county town and the major regional shopping centre for the county of Devon. It has a population of approximately 130,000 with a catchment in the order of 300,000. Exeter is well served by transport communications with the M5 motorway running to the east of the city and dual carriageway access to Plymouth and Cornwall beyond. It also benefits from an intercity railway station and international airport. It also provides significant employment areas and a city centre represented by the majority of the national retailers and banks. The district of St Thomas is a well-established residential suburb south east of the city centre and on the southern side of the river Exe which divides the city. It is within walking distance of the main city centre and there are regular bus services. It benefits from a popular local shopping parade and precinct including Bath Travel, Coop, Greggs and Dominos. The subject property is situated on Cowick Street, directly opposite the St Thomas Shopping Centre which includes a public car park and a number of national retailers. Other occupiers include a charity shop, post office, tanning salon, nail bar, takeaway and estate agents.

Contact:

Stratton Creber Commercial

Property Subtype:

Shopfront Retail / Office

Date on Market:

16/04/2026

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Commercial Properties for Sale Within 5 miles of the St Thomas, Exeter, Exeter

More details for St David's Hl, Exeter - Hospitality for Sale

Great Western Hotel - St David's Hl

Exeter, EX4 4NU

  • Hospitality for Sale
  • £1,100,000
  • 15,652 sq ft
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More details for 70 South St, Exeter - Build-to-Rent for Sale

Concorde House - 70 South St

Exeter, EX1 1EG

  • Build-to-Rent for Sale
  • £7,000,000
  • 29,000 sq ft

Exeter Build-to-Rent for Sale

Paternoster House and Concord House present a rare opportunity to acquire two award-winning, fully refurbished and fully income-producing freehold assets in the heart of Exeter. Both properties have been converted to a high standard, with the works completed in 2025, creating a turn-key residential and commercial investment with no immediate capital expenditure required. The portfolio comprises 57 fully furnished apartments, providing a total of 98 bedrooms, alongside approximately 17,000 sq ft of commercial accommodation. Both buildings are 100% occupied and benefit from a prime city-centre position, close to Exeter High Street, Exeter Cathedral, Princesshay Shopping Centre, Guildhall Shopping Centre, Exeter Central Station, the University of Exeter and the Royal Devon and Exeter Hospital. Paternoster House, located on North Street, Exeter, EX4 3FR, comprises 29 apartments arranged as 5 one-bedroom, 22 two-bedroom, 1 three-bedroom and 1 four-bedroom flats. The residential accommodation extends to approximately 22,000 sq ft, with an additional 8,976 sq ft of commercial space. The property is fully furnished throughout and includes open-plan layouts, designer kitchens and bathrooms, double glazing, integrated LED lighting, an entryphone system, DDA accessibility and a passenger lift. Commercial occupiers include Søstrene Grene and Vyve Pilates, providing strong income diversification. Paternoster House is offered in excess of £13,500,000 and produces a total passing rent of £956,180 per annum, comprising £776,180 residential income and £180,000 commercial income. This reflects a gross ROI of 7.08%. The property has also been valued at £15.468m, with the residential element valued at £13.618m and the commercial element at £1.85m. Forward-looking rental analysis indicates that Paternoster House offers defensive, scale income with meaningful rental growth potential. Over a three-year period, projected blended rental income is £2.86m at the 5th percentile, £2.97m at the median and £3.05m at the 95th percentile. By year three, the blended yield is projected at 6.31% at the 5th percentile, 6.63% at the median and 6.91% at the 95th percentile, with potential upside to 7.24% under maximum growth assumptions. The fixed commercial income of £180,000 per annum provides an additional layer of security. Concord House, located on South Street, Exeter, EX1 1EG, comprises 28 apartments arranged as 14 one-bedroom and 14 two-bedroom flats. The residential accommodation extends to approximately 21,000 sq ft, with approximately 8,000 sq ft of commercial space. As with Paternoster House, the building is fully furnished and benefits from designer kitchens and bathrooms, double glazing, integrated LED lighting, entryphone system, DDA accessibility, a passenger lift and turn-key accommodation. Commercial occupiers include Kaspas and Vyve Gym. Concord House is offered in excess of £7,000,000 and produces a total passing rent of £577,800 per annum, comprising £501,800 residential income and £76,000 commercial income. This reflects a gross ROI of 8.25%. The property has been valued at £7.6615m, with the residential element valued at £7.0015m and the commercial element at £660,000. The forward rental projections for Concord House demonstrate a compelling income profile. Over three years, projected blended rental income is £1.56m at the 5th percentile, £1.62m at the median and £1.67m at the 95th percentile. By year three, blended yield is projected at 6.98% at the 5th percentile, 7.34% at the median and 7.65% at the 95th percentile, with potential upside to 8.21% under maximum growth assumptions. The fixed commercial rent of £76,000 per annum helps protect the downside and supports stable cashflow. Together, the properties offer investors a substantial Exeter city-centre residential and commercial portfolio with strong occupational demand, modern specification, full occupancy and attractive income returns. The combination of newly completed conversion works, fully furnished apartments, diversified commercial income, prime locations and no immediate capital expenditure requirement makes this a particularly compelling investment opportunity. Both Paternoster House and Concord House are held under separate SPVs and are available individually or as part of a wider investment opportunity. The commercial elements only are understood to be elected for VAT. Exeter continues to experience strong rental demand, underpinned by its university population, employment base and constrained city-centre housing supply. Ongoing concerns around the availability, quality and affordability of purpose-built student accommodation have placed additional pressure on the wider private rental sector, particularly for well-located, professionally managed and fully furnished homes. Paternoster House and Concord House are well positioned to benefit from this structural imbalance, offering high-quality accommodation close to the University of Exeter, city-centre amenities, transport links and major employers. Further information, full tenancy schedules and viewings are available on request.

Contact:

By Design

Property Subtype:

Apartment

Date on Market:

06/03/2026

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More details for Blackthorne Rd, Exminster - Retail for Sale

Stowey Arms Public House - Blackthorne Rd

Exminster, EX6 8AT

  • Retail for Sale
  • £550,000
  • 23,087 sq ft

Exminster Retail for Sale

We are instructed to invite offers in excess of £550,000 (10.82% NIY) assuming the usual purchasers costs. The entire property is let to a private individual on a 5 year lease from 31 July 2024 at a current rent of £29,232 per annum, and an annual tie release fee of £33,170 which are both subject to annual reviews reflecting the change in the RPI over the preceding 12 months, subject to a minimum increase of 2% and a maximum increase of 6%. A rent deposit of £3,674 is held by the landlord. The lease is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954. The property comprises the ground and first floor of a two storey detached building with painted pebbledash elevations beneath a pitched tiled roof. Ground Floor: The ground floor provides a games area with a private hire area to the rear. The dining area comprises a central bar servery and seating at loose tables, chairs and couches for 50 customers. Ancillary areas include a trade kitchen, customer WC's, stores and a ground floor cellar. First Floor: The first floor comprises three double ensuite bedrooms, a single ensuite bedroom, private staff accommodation providing two bedrooms, lounge, bathroom and kitchen. Externally: There are loose picnic benches to the front of the property for 20 customers. To the rear is a further external trade area for approximately 30 customers. There is parking to the front for 20 vehicles. Located in the village of Exminster in the county of Devon, 4.5 miles south of Exeter and 42 miles north east of Plymouth. The Stowey Arms is situated fronting Main Road in a mixed residential and rural area, a short distance south east of Exeter city centre. The village has local businesses including; Pizza a Legna, Tesco Express, The Artisan Dog Company and Winsor Flower Studio.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

29/01/2026

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More details for Folley Lane, Whitestone - Land for Sale

Devon View - Folley Lane

Whitestone, EX4 2HW

  • Land for Sale
  • £350,000
  • 0.44 ac Plot
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More details for 122A Fore St, Exeter - Retail for Sale

122A Fore St

Exeter, EX4 3JQ

  • Retail for Sale
  • £350,000
  • 4,284 sq ft
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FAQs about Commercial Properties For Sale in St Thomas Exeter

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How many Commercial Property listings are available for sale in St Thomas Exeter?
There are currently 1 Commercial Properties available for sale near St Thomas Exeter. These St Thomas Exeter Commercial Property listings have an average size of 1,072 sq ft. The largest available listing in St Thomas Exeter is 1,072 sq ft. The thriving commercial centre and excellent transport links in St Thomas Exeter make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in St Thomas Exeter?
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 St Thomas Exeter currently range from £129 to £129 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in St Thomas Exeter?
There is a diverse range of commercial properties available in St Thomas Exeter to suit various business needs. St Thomas Exeter offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 St Thomas Exeter 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 St Thomas, Exeter, Exeter

Market Overview for Commercial Properties in St Thomas Exeter

Key information for Commercial Properties investors in St Thomas Exeter 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
Exeter £146 9,236 sq ft
Exminster £18 23,087 sq ft
Christow £59 3,969 sq ft
Ashburton £366 13,184 sq ft
Crediton £190 646 sq ft

Rental Price Trends in St Thomas Exeter

The price per square foot range for Commercial Properties in St Thomas Exeter 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
Exeter £52 £146 £324
Exminster £18 £18 £18
Christow £59 £59 £59
Ashburton £76 £366 £463
Crediton £190 £190 £190

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Exeter 276 sq ft 9,236 sq ft 31,000 sq ft
Exminster 23,087 sq ft 23,087 sq ft 23,087 sq ft
Christow 3,969 sq ft 3,969 sq ft 3,969 sq ft
Ashburton 6,113 sq ft 13,184 sq ft 34,395 sq ft
Crediton 646 sq ft 646 sq ft 646 sq ft

You searched for commercial property for sale in St Thomas Exeter. 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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