Office in Devon available for sale
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Office Properties for Sale in Devon

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Find Office Property for sale in Devon that meets your business or investment goals

Including town-centre offices, serviced suites, business park buildings, co-working spaces, and converted period offices.

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More details for 1 Southernhay Gdns, Exeter - Office for Sale

Dean Clarke House - 1 Southernhay Gdns

Exeter, EX1 1SG

  • Office for Sale
  • £650,000
  • 4,250 sq ft
  • Natural Light
  • Security System
  • Reception

Exeter Office for Sale

We are instructed to seek offers with a guide of £650,000 ( + VAT ) which reflects an initial yield of 13.61% on the existing gross income ( before deducting management costs for the serviced office space ) after allowance for purchaser`s costs of 5.18%. This equates to a capital of £153 psf. The rental income potential will increase depending upon the letting strategy adopted, either for traditional leases or flex space. Assuming the remaining suites are let on a serviced basis the potential gross rents receivable will increase from £93,020 per annum to £132,620 per annum assuming a per desk rate of £275 pcm. Management costs are currently circa £35,000 per annum.

Contact:

Hector Pearce LLP

Date on Market:

12/05/2026
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More details for Oxencombe Rd, Chudleigh - Office for Sale

Rocklands Business Park - Oxencombe Rd

Chudleigh, TQ13 0GT

  • Office for Sale
  • £199,950 - £209,500
  • 1,140 sq ft
  • 2 Units Available
  • Air Conditioning
  • Security System
  • 24 Hour Access

Chudleigh Office for Sale

A terrace of eight business units, each offering self-contained accommodation on ground and first floors. The site is located just outside Chudleigh, close to the A38, and with easy access to Heathfield, Bovey Tracey and Newton Abbot all of which are within 5 miles distance. Exeter is a historic Cathedral City and forms the main administrative centre for the County of Devon and is approximately 12 miles distant. Exeter is a University City and the capital city and County town of Devon, having firmly established a reputation of being the commercial centre of the South West. The city has a population of approximately 110,000 with a ‘drive to work’ population of some 480,000 within a 45 minute catchment area.

Contact:

Noon Roberts

Date on Market:

11/03/2026
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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 17 Courtenay Park, Newton Abbot - Office for Sale

Camborne House - 17 Courtenay Park

Newton Abbot, TQ12 2HD

  • Office for Sale
  • £550,000
  • 2,857 sq ft
  • Energy Performance: E
  • Conferencing Facility
  • Kitchen

Newton Abbot Office for Sale

Offers are invited in the region of £550,000 for this substantial Freehold property, subject to and with the benefit of the tenancies as at completion offering a good rental income, with the chance for a purchaser to occupy part if vacant possession is obtained, or possibly for Residential Development, subject to usual consents.

Contact:

Noon Roberts

Date on Market:

21/11/2025
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More details for Babbage Rd, Totnes - Office for Sale

South Devon House - Babbage Rd

Totnes, TQ9 5JA

  • Office for Sale
  • £110,000
  • 882 sq ft
  • Energy Performance: C
  • Security System

Totnes Office for Sale

Offers are sought in excess of £110,000 for the freehold of this recently refurbished property in a prominent location at the entrance to this sought after business Park. The premises have recently been refurbished including redecoration and recarpeting and are ready for occupation. The accommodation is arranged as Offices on the Ground and First Floors with a kitchen on the ground floor, and toilets on ground and first floors.

Contact:

Noon Roberts

Date on Market:

13/05/2026
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More details for 6 Research Way, Plymouth - Office for Sale

6 Research Way

Plymouth, PL6 8BU

  • Office for Sale
  • £2,600,000
  • 16,822 sq ft

Plymouth Office for Sale

The property is being sold by way of a sale and leaseback. The new lease will commence upon completion of the sale and the tenant will be Express Diagnostics Ltd. The lease will be of the whole building on full repairing and insuring terms. It will be a 10 year lease with a 5 year tenant only break clause. Rent reviews will be upwards only at the 5th year. The commencing rent will be £235,000 pa. The long leasehold of this investment opportunity is available for the guide price of £2.6 million providing a yield of 8.5%.

Contact:

Vickery Holman

Property Subtype:

Medical

Date on Market:

13/01/2026
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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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More details for 15 Apsley Rd, Plymouth - Office for Sale

The Former Royal Eye Infirmary - 15 Apsley Rd

Plymouth, PL4 6AR

  • Office for Sale
  • £27,000 - £55,000
  • 171 - 575 sq ft
  • 9 Units Available

Plymouth Office for Sale

Centrally located modern office accommodation within the historic former Royal Eye Infirmary building. The offices have been recently converted to a high standard with LED lighting, door entry system and carpeting and each unit has it's own kitchenette facility. Access is via a shared corridor with communal WC and shower facility. Each office will have one allocated car parking space within the R.E.I. grounds.

Contact:

Vickery Holman

Date on Market:

22/12/2023
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More details for Yeoford Way, Exeter - Office for Sale

Vanguard House - Yeoford Way

Exeter, EX2 8HL

  • Office for Sale
  • Price Upon Request
  • 8,832 sq ft

Exeter Office for Sale

Vanguard House is available for sale or to let. Price upon application. Vanguard House comprises a two storey office building completed in 2004 and set within an established business park environment. The building is of traditional construction with brick and clad elevations under a pitched tiled roof and was designed to a high level of specification.

Contact:

Turner Locker Barnfield

Date on Market:

12/08/2025
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LoopNet UK Office Properties For Sale in Devon, UK

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FAQs About Office Buildings For Sale in Devon

See All Office Buildings For Sale
How many office buildings are currently available for sale in Devon?
There are currently 21 office properties available for sale. Sizes range from 187 sq ft to 29,000 sq ft, with an average size of 5,340 sq ft. Available opportunities may include owner-occupied offices, investment assets and multi-let office buildings.
How much does office property cost in Devon?
The average asking price is approximately £117 per sq ft, with prices ranging from £70 to £182 per sq ft. Values vary depending on location, building quality, tenancy profile, specification and local market demand.
What factors influence office property values?
Office values are influenced by location, building specification, lease terms, tenant quality, occupancy levels, accessibility and market demand. Modern, well-located buildings with strong tenant covenants often attract greater buyer interest.
What sizes of office buildings are available?
Available properties range from 187 sq ft to 29,000 sq ft, with an average size of 5,340 sq ft. Opportunities may suit owner-occupiers looking for dedicated premises, as well as investors seeking larger multi-let assets.
Can I buy an office building for my own business?
Yes. Many businesses choose to purchase office premises to gain long-term control over occupancy costs and avoid future lease negotiations. Ownership may also provide the opportunity to benefit from future capital appreciation.
What types of tenants occupy office buildings?
Office occupiers can include professional services firms, technology companies, financial institutions, public sector organisations, healthcare providers and creative businesses. Tenant quality and lease structure are often important considerations for investors.
What is the difference between a vacant office and an investment property?
A vacant office may appeal to owner-occupiers or investors seeking refurbishment opportunities. An investment property is typically sold with tenants already in place, providing an established income stream from the date of purchase.
Can office buildings be refurbished or repositioned?
Many buyers seek opportunities to improve office assets through refurbishment, modernisation or reconfiguration. Upgrading facilities, improving energy performance and creating more flexible layouts can enhance occupier appeal and long-term value.
What ESG considerations are important when buying office property?
Energy efficiency, EPC ratings, sustainability credentials, natural light, ventilation and access to public transport are becoming increasingly important. Buildings with strong environmental performance may be more attractive to occupiers and investors alike.
What due diligence should I carry out before buying?
Due diligence should include reviewing leases, title documents, service charge information, tenant covenant strength, planning permissions, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Office Properties for Sale in the Devon

You searched for office buildings for sale in Devon. Explore 21 listings from leading agents on LoopNet. Whether you're seeking office properties to expand your portfolio, establish a headquarters, or secure a prime investment opportunity, LoopNet provides a diverse selection to meet your needs. Each listing offers detailed information on building features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of office investment properties worldwide, LoopNet is your trusted partner in finding the perfect office investment.

Key Factors to Consider When Investing in an Office Building

Investing in an office building can be a lucrative venture, but it requires careful evaluation. Here are the most important factors to consider:

  • Location & Accessibility
    • Prime locations with strong demand offer higher rental yields.
    • Proximity to public transport, major roads, and amenities increases tenant appeal.
  • Tenant Demand & Occupancy Rates
    • Analyse market demand for office space in the area.
    • Check vacancy rates and existing long-term leases.
  • Rental Yield & Return on Investment (ROI)
    • Compare rental income vs. property price to assess profitability.
    • Consider potential for rental growth over time.
  • Property Condition & Age
    • Older buildings may require costly renovations.
    • Modern buildings with energy-efficient features attract premium tenants.
  • Market Trends & Economic Conditions
    • Evaluate office space demand, remote work trends, and business growth in the area.
    • Check local economic stability and corporate presence.
  • Building Amenities & Features
    • High-speed internet, parking, security, and sustainability features boost property value.
    • Shared meeting rooms and flexible layouts attract a broader tenant base.
  • Legal & Planning Permission
    • Ensure compliance with local planning laws and building codes.
    • Understand lease structures and tenant obligations.
  • Maintenance & Management Costs
    • Factor in ongoing maintenance, property management fees, and service charges.
    • A well-managed building retains tenants and minimizes turnover costs.
  • Future Development & Infrastructure
    • Nearby upcoming developments can impact demand and property value.
    • Infrastructure projects like new transport links can enhance desirability.
  • Exit Strategy
    • Consider long-term value appreciation and potential resale opportunities.
    • Analyse liquidity in the commercial property market.

By carefully evaluating these factors, you can make a more informed investment decision and maximise returns on your office building purchase.

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