Commercial Property in Totnes available for sale
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Commercial Property for Sale near Totnes, UK

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More details for 31-33 Fore St, Totnes - Retail for Sale

31-33 Fore St

Totnes, TQ9 5HH

  • Retail for Sale
  • £600,000
  • 5,081 sq ft

Totnes Retail for Sale

The property is offered for sale Freehold at a guide price of £600,000. Please contact joint agents for further details. The property comprises a Grade 2 listed period building arranged over four floors including the attic. Access to the ground floor is gained from Fore Street with the upper floors separately accessed to the side of the Bank’s entrance. The ground floor comprises a former banking hall together with further offices, stores, strong rooms and staff welfare facilities at part first floor level. The self contained upper floors are arranged over three floors with the first floor comprising a reception, waiting area, 3 offices, post room, kitchen and male W/C facilities. to the The second floor provides six offices and female W/C facilities. There is also access attic which is suitable for storage purposes. The accommodation on the upper floors is carpeted and benefits from gas-fired central heating. To the rear of the property there is a parking compound which provides parking for six cars. The property is situated in the prime retail location of Fore Street within the heart of the town centre. Nearby occupiers include Superdrug, Holland & Barratt, T G Jones and many popular independent traders. Totnes is a thriving South Devon town serving a catchment of approximately 15,000 and benefits considerably from a seasonal influx of tourists. The town is well positioned on the A385 link road 29 miles from Exeter and 9.3 miles from Torquay.

Contacts:

Stratton Creber Commercial

John Arkwright & Company Ltd

Property Subtype:

Bank

Date on Market:

04/03/2026
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Commercial Properties for Sale Within 5 miles of the Totnes, UK

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FAQs about Commercial Properties For Sale in Totnes

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How many Commercial Property listings are available for sale in Totnes?
There are currently 3 Commercial Properties available for sale near Totnes. These Totnes Commercial Property listings have an average size of 2,013 sq ft. The largest available listing in Totnes is 5,081 sq ft. The thriving commercial centre and excellent transport links in Totnes make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Totnes?
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 Totnes currently range from £88 to £247 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Totnes?
There is a diverse range of commercial properties available in Totnes to suit various business needs. Totnes offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 Totnes 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 Totnes, UK

Market Overview for Commercial Properties in Totnes

Key information for Commercial Properties investors in Totnes 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
Totnes £193 2,013 sq ft
Dartmouth £323 265 sq ft
South Brent £219 614 sq ft
Kingsbridge £149 825 sq ft
Ivybridge £51 9,447 sq ft

Rental Price Trends in Totnes

The price per square foot range for Commercial Properties in Totnes 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
Totnes £88 £193 £247
Dartmouth £323 £323 £323
South Brent £212 £219 £225
Kingsbridge £149 £149 £149
Ivybridge £51 £51 £51

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Totnes 452 sq ft 2,013 sq ft 5,081 sq ft
Dartmouth 265 sq ft 265 sq ft 265 sq ft
South Brent 614 sq ft 614 sq ft 614 sq ft
Kingsbridge 825 sq ft 825 sq ft 825 sq ft
Ivybridge 9,447 sq ft 9,447 sq ft 9,447 sq ft

You searched for commercial property for sale in Totnes. Explore 2 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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