Commercial Property in Weare Giffard available for sale
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Commercial Properties for Sale near Weare Giffard, UK

Commercial Properties for Sale Within 5 miles of the Weare Giffard, UK

More details for 18 South St, Torrington - Retail for Sale

18 South St

Torrington, EX38 8AA

  • Retail for Sale
  • £185,000
  • 617 sq ft
  • Smoke Detector

Torrington Retail for Sale - Great Torrington

LOCATION<br/>Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade. <br/>Nearby is South Street car park, where the owner of this property may be able to apply for a residents’ parking permit through Torridge District Council. Availability and eligibility are subject to the council’s criteria.<br/>Torrington is a vibrant market town set high above the River Torridge. Each year it hosts a well attended May Day celebration. The town lies approximately 11 miles from Barnstaple and around 7 miles from Bideford. It is also known for being the home of Dartington Crystal and for the nearby Rosemoor Gardens, both of which are major attractions in the area.<br/><br/>THE PREMISES<br/>The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors. <br/>The ground floor area provides approximately 617 sq ft of space. <br/>To the rear of the property is a further retail area with a large kitchen. <br/>The upper floors provide a lounge, kitchen/diner, 5 bedrooms (3 en-suite) with further bathroom and shower room. <br/>The premises are in need of work and modernisation throughout.<br/>Would be ideal for a variety of retail uses, subject to any necessary planning consent.<br/>This property benefits from approved planning permission for a change of use to a six bed House of Multiple Occupation (HMO), under application reference 1/0144/2025/FUL.<br/><br/>SERVICES AND UTILITIES <br/>All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br/>VAT<br/>We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br/><br/>BUSINESS RATES <br/>£11,500 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website. Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.<br/><br/>LEGAL ADVICE <br/>We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.<br/><br/>PLANNING <br/>It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.<br/>

Contact:

Webbers

Property Subtype:

Bar

Date on Market:

31/03/2025

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More details for 4 Bay View Rd, Northam - Land for Sale

4 Bay View Rd

Northam, EX39 1TJ

  • Land for Sale
  • Price Upon Request
  • 1.22 ac Plot
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More details for 61 Mill St, Bideford - Retail for Sale

61 Mill St

Bideford, EX39 2JT

  • Retail for Sale
  • £275,000
  • 243 sq ft
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More details for Abbotsham Rd, Bideford - Land for Sale

Abbotsham Rd

Bideford, EX39 3AF

  • Land for Sale
  • £1,252,500
  • 1.67 ac Plot
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FAQs about Commercial Properties For Sale in Weare Giffard

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

Market Overview for Commercial Properties in Weare Giffard

Key information for Commercial Properties investors in Weare Giffard 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
Bideford £334 689 sq ft
Barnstaple £105 23,263 sq ft
Braunton £55 7,373 sq ft
Ilfracombe £167 2,809 sq ft
South Molton £57 3,660 sq ft

Rental Price Trends in Weare Giffard

The price per square foot range for Commercial Properties in Weare Giffard 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
Bideford £70 £334 £837
Barnstaple £72 £105 £140
Braunton £55 £55 £55
Ilfracombe £47 £167 £584
South Molton £57 £57 £57

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Bideford 232 sq ft 689 sq ft 1,592 sq ft
Barnstaple 793 sq ft 23,263 sq ft 66,244 sq ft
Braunton 7,373 sq ft 7,373 sq ft 7,373 sq ft
Ilfracombe 475 sq ft 2,809 sq ft 5,222 sq ft
South Molton 3,660 sq ft 3,660 sq ft 3,660 sq ft

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