Commercial Property in PL19 available for sale
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Commercial Properties for Sale in PL19, Tavistock

Find commerical property for sale in PL19 that meets your business or investment goals

More details for 15 Ford St, Tavistock - Retail for Sale

Duke of York - 15 Ford St

Tavistock, PL19 8DZ

  • Retail for Sale
  • £250,000
  • 2,690 sq ft
  • Energy Performance: D

Tavistock Retail for Sale

Investment Consideration: Gross Initial Yield: 7.28% Rental Income: £18,200 p.a. VAT is applicable to this property Comprises large public house with 3-bed owner`s flat Benefits from commercial kitchen and restaurant area Includes large beer garden and ancillary storage rooms Occupiers close by including takeaway, convenience store and car dealer, amongst others. Property Description: Comprises a ground floor public house with three-bed owners` accommodation at first floor. The pub benefits from large beer garden (30ppl), commercial kitchen, pool/dartboard games area and place for TV and sports, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant seating. office, storage, customer wc`s First Floor: 3 bedrooms, living room, bathroom Total GIA: 250 sq m (2,690 sq ft) Tenancy: The property is at present let to an Individual (with personal guarantor) for a term of 6 Years 11 Months from 5th December 2025 at a current rent of £18,200* p.a. Tenant option to determine on 05.12.28 with min 6 months notice. *Tenant pays reduced rent of £10,400 p.a. until December 2026, £15,600 p.a. until December 2027. Fixed rental increase to £18,200 p.a. from 05.12.27. Vendor will top-up rent until 04.12.27 so the buyer receives £18,200 p.a. from completion. Fixed rental increase to £20,800 p.a. from 05.12.28 until the end of the term. Location: Tavistock is an ancient stannary and market town within West Devon, England. It is situated on the River Tavy from which its name derives. Tavistock lies on the edge of Dartmoor, around 24 kilometres (14.9 mi) north of Plymouth on the A386. Plymouth Road, the A386 heading west from the centre of the square, is home to much of the town's tourist trade, with many hotels and bed and breakfast establishments, as well as the town's bus station. Between Plymouth Road and the Tavy is the park, known locally as the Meadows, along with car parks, the Wharf theatre, cinema and culture centre, and a public recreation pool. West of the Meadows are found the substantial playing fields and buildings of Tavistock College, reached by an underpass below the A386. Further south along the Plymouth Road/A386 lie industrial estates, supermarkets and other large retail outlets.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

28/02/2025

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More details for West Devon Business Park, Tavistock - Retail for Sale

West Devon Business Park

Tavistock, PL19 9DP

  • Retail for Sale
  • £400,000
  • 3,968 sq ft
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More details for 1 Canal Rd, Tavistock - Industrial for Sale

1 Canal Rd

Tavistock, PL19 8AR

  • Industrial for Sale
  • £175,000
  • 2,145 sq ft
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FAQs About Commercial Property For Sale in PL19

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How many commercial properties are currently available for sale in PL19?
There are currently 5 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in PL19?
The average asking price is approximately per sq ft, with prices ranging from to 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 PL19, Tavistock

You searched for commercial property for sale in PL19. Explore 5 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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