Office in EX19 available for sale
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Office Property for Sale near the EX19, Winkleigh

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Office Properties for Sale Within 10 miles of the EX19, Winkleigh

More details for 8B Cranmere Rd, Okehampton - Office for Sale

8B 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 Winkleigh Office Properties For Sale in EX19, Winkleigh, UK

Learn More About Investing in Office Properties

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FAQs about Office buildings For Sale in EX19

See All Office Buildings For Sale
How many office properties are available for sale in EX19?
There are currently 0 office premises available for sale near EX19. These EX19 offices for sale have an average size of. The largest available office for sale in EX19 is. The thriving commercial centre and excellent transport links in EX19 make it an ideal location for businesses to find suitable Office Property for sale.
How much does it cost to buy Office Property in EX19?
The average price/SF for Office Property for sale in EX19 is about. The cost per sq ft for Office Property in EX19 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of office properties in EX19?
Several factors can impact the price of office buildings, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Office Properties is.
What is the largest office building available for sale in EX19?
Currently, the largest office available to buy is and the smallest is. The average size of Office Property available for sale in EX19 is approximately.
What types of tenants occupy office buildings in the UK?
Office tenants range from startups and SMEs to multinational corporations. Sectors include finance, legal, technology, media, and professional services. Longer lease terms and strong covenants can make office buildings more attractive to investors.
Are serviced offices or traditional offices better for investment?
Serviced offices offer higher returns but more operational complexity. Traditional long-lease office buildings offer stable income and are generally lower risk. The best choice depends on your investment strategy and appetite for management involvement.
Can office buildings be repurposed or refurbished for higher returns?
Yes. Many investors add value by upgrading office interiors, improving energy efficiency, or converting older stock to mixed-use. High-spec, modern offices with flexible layouts and ESG features often attract premium tenants.
What ESG factors are important for office property investment?
Energy performance (EPC rating), sustainability certifications (e.g. BREEAM), access to natural light, ventilation, and proximity to public transport are increasingly important. Environmentally efficient buildings may achieve better occupancy and rent levels.
What should I consider during due diligence?
Review lease terms, tenant strength, service charges, building condition, planning consents, and local market trends. A commercial solicitor and building surveyor should support your purchase process to minimise risk.

Discover More Office Properties for Sale in the EX19, Winkleigh

You searched for office buildings for sale in EX19. Explore 0 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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