Commercial Property in West Devon available for sale
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Commercial Properties for Sale in West Devon, Tavistock

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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 Brook St, Tavistock - Retail for Sale

Dancy Mews - Brook St

Tavistock, PL19 0LD

  • Retail for Sale
  • £100,000
  • 488 sq ft
  • 24 Hour Access

Tavistock Retail for Sale

The premises are held Freehold subject to a lease of the ground floor shop to Perwer Husseini for a term of 6 years from the 1st March 2023 at a current passing rent of £10,020 per annum. There is a rent review due on the 1st March 2026. The upper floor is sold off on a 999 year lease and includes the rear garden.

Contact:

Simon Powell Commercial

Date on Market:

25/11/2025
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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

Tavistock Industrial for Sale

The premises are held Freehold. PLANNING It is understood that the premises has a well established use as a guide hall which would fall under Use Class D1, but has also been used regularly for many other community groups, pop up food retail and as a church. It is felt that other commercial and residential uses would be suitable and interested parties are advised to contact the Local Planning Authority Tel: 01822 81360

Contact:

Simon Powell Commercial

Date on Market:

24/11/2025
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More details for Cranmere Rd, Okehampton - Office for Sale

Cranmere Rd

Okehampton, EX20 1UE

  • Office for Sale
  • £345,000
  • 3,736 sq ft
  • Security System

Okehampton Office for Sale

Freehold office building on established Business Park. Guide price: £345,000 for the freehold interest. This reflects a net initial yield of 9.22% after normal purchasers costs based on an income of £33,000 per annum. Exeter Road Industrial Estate is situated on the eastern outskirts of Okehampton with good access to the A30 dual carriageway via Exeter Road. The A30 links Okehampton with Exeter and the M5 Motorway approximately 25 miles to the east, as well as with locations in Cornwall to the west. Okehampton is the second largest town in the Borough of West Devon and, along with Tavistock, is the administrative centre for the area. The district population is in excess of 48,000 and the town is situated approximately 19 miles north east of Launceston and 32 miles north of Plymouth. The property was originally constructed in the early 1990’s and the units provide the following features: - Mainly open plan, well presented office space - Unit 8B recently refurbished - Suspended ceilings with LED panel lighting - Full carpeting - Perimeter trunking providing data and power sockets - Powder coated aluminum frame double glazed windows - Intruder alarm - Large kitchen/staff room, w/c’s including disabled - Air conditioning - Wall mounted electric heaters - 3 phase electricity. Lease terms: Office Building 8a The property is held by way of a lease for 6 years from 29th September 2021 by Mapyx Limited. Company Registration Number: 05696490, on a full repairing and insuring basis. The passing rent is £16,500 per annum and subject to review on a 3 yearly basis. The tenants option to break at the 3rd year subject to 6 months prior written notice, was not exercised. Office Building 8b The property is held by way of a new lease for a term of 6 years from 13th August 2025 by private individual on a full repairing and insuring basis. The initial rent is £13,200 rising to £16,500 per annum from 12th August 2026, rising annually in line with CPI thereafter. There are tenants options to break at the end of the 2nd and 3rd years subject to the tenant paying a break penalty of £3,300 if exercised at the end of the 2nd year. The lease is contracted outside The Landlord and Tenant Act 1954. Note: The vendor is to pay the proportional shortfall in rent from £16,500 for year 1 upon completion.

Contact:

Stratton Creber Commercial

Date on Market:

07/09/2025
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LoopNet UK Devon Tavistock Commercial Properties For Sale in West Devon, Tavistock, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in West Devon

See All Properties For Sale
How many Commercial Property listings are available for sale in West Devon?
There are currently 7 Commercial Properties available for sale near West Devon. These West Devon Commercial Property listings have an average size of 1,828 sq ft. The largest available listing in West Devon is 3,736 sq ft. The thriving commercial centre and excellent transport links in West Devon make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in West Devon?
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 West Devon currently range from £60 to £471 per square foot. While the average net initial yield for Commercial Properties is 9.22%.
What other types of commercial property are available for sale in West Devon?
There is a diverse range of commercial properties available in West Devon to suit various business needs. West Devon offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 7 West Devon 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 West Devon, Tavistock

Market Overview for Commercial Properties in West Devon

Key information for Commercial Properties investors in West Devon 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
Okehampton £68 3,736 sq ft
Tavistock £92 1,774 sq ft
Chagford £471 396 sq ft
Lifton £85 1,514 sq ft
Pyworthy £21 15,055 sq ft

Rental Price Trends in West Devon

The price per square foot range for Commercial Properties in West Devon 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
Okehampton £68 £68 £68
Tavistock £60 £92 £150
Chagford £471 £471 £471
Lifton £85 £85 £85
Pyworthy £21 £21 £21

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Okehampton 3,736 sq ft 3,736 sq ft 3,736 sq ft
Tavistock 488 sq ft 1,774 sq ft 2,690 sq ft
Chagford 396 sq ft 396 sq ft 396 sq ft
Lifton 1,514 sq ft 1,514 sq ft 1,514 sq ft
Pyworthy 15,055 sq ft 15,055 sq ft 15,055 sq ft

You searched for commercial property for sale in West Devon. Explore 7 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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