Retail in Devon available for sale
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Retail Properties for Sale in the Devon

Explore the Latest Devon Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

More details for 20-26 Union St, Newton Abbot - Retail for Sale

20-26 Union St

Newton Abbot, TQ12 2JS

  • Retail for Sale
  • £275,000
  • 2,254 sq ft
  • 1 Unit Available
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More details for 4-5 Piermont Pl, Dawlish - Retail for Sale

4-5 Piermont Pl

Dawlish, EX7 9PH

  • Retail for Sale
  • £119,500
  • 1,010 sq ft
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More details for 106a High St, Barnstaple - Retail for Sale

106a High St

Barnstaple, EX31 1HP

  • Retail for Sale
  • £149,950
  • 793 sq ft
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More details for 111 High St, Ilfracombe - Retail for Sale

111 High St

Ilfracombe, EX34 9ET

  • Retail for Sale
  • £350,000
  • 1,435 sq ft
  • Security System

Ilfracombe Retail for Sale

LOCATION<br />In a prime High Street trading location within the very heart of Ilfracombe, North Devon's main holiday resort.<br /><br />The town is expanding with a new southern development of around 350 houses due soon. <br /><br />In addition the resort has become a favourite with day trippers visiting to see 'Verity' the statue on the pier made by the well know artist Damien Hirst. <br /><br />Ilfracombe has many beaches, a picturesque harbour, parks, municipal gardens and a Water Sports Centre at Larkstone Bay. <br /><br />THE PROPERTY<br />An exceptional example of Victorian architecture this Grade II listed family home boasts large rooms with high ceilings and plenty of natural light. <br /><br />There is a 46 seater licenced restaurant (30 seats in the main restaurant and the option of an additional 16 seats in the function room, which is currently being utilised as a beauticians) and cloakrooms as well as commercial kitchen to the ground floor. <br /><br />Across the upper floors is the 5 bedroom owner’s accommodation that would easily suit two families as there is a rear second floor pedestrian access to Tarry Lane. <br /><br />The property has gas fired central heating and the business is for sale as a going concern. <br /><br />THE BUSINESS<br />Operating as a restaurant since 1995, this long established catering business is utilised now as a Chinese restaurant and takeaway. <br /><br />There are 46 covers which includes the function room (now used as a beauticians but could easily convert back to catering use). <br /><br />Details of trade and opening hours will be made available to genuine buyers after inspection.<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 />BUSINESS RATES <br />£7,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br /><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 />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 />From Webbers Offices in Ilfracombe High Street cross over the road and head to the left along the the road, walking past the traffic lights. The premises are on the same side directly opposite the Post Office.

Contact:

Webbers

Date on Market:

28/03/2025

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More details for 50 High St, Ilfracombe - Retail for Sale

50 High St

Ilfracombe, EX34 9QB

  • Retail for Sale
  • £65,000
  • 788 sq ft

Ilfracombe Retail for Sale

LOCATION<br/>In the ever popular coastal resort of Ilfracombe, often referred to as the 'Jewel in the crown of the North Devon coastline', the premises are located in the busy High Street with a prominent frontage. The town has a population of about 11,000 inhabitants and new housing estates are being developed on the southern fringe. There are excellent tourist facilities including the picturesque harbour, numerous beaches, pretty parklands, an indoor swimming pool and a golf course.<br/><br/>THE PREMISES<br/>Formerly trading as a butchers now for sale with vacant possession and no ongoing chain. <br/>Would be ideal for owner occupier, investor or developer.<br/>The ground floor comprises of an empty shop with store room behind and walk in cold store.<br/>Upstairs are three rooms, a staff room/kitchen, refrigerator room, a further store room, rear lobby, staff cloakroom and two walk in cupboards. There is a small enclosed rear yard.<br/><br/>AGENTS NOTE<br/>The first floor has a limited head height of 6'2".<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/><br/>BUSINESS RATES <br/>£5,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.<br/>Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br/><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/>SERVICES AND UTILITIES <br/>Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting From the Webbers office in Ilfracombe turn right and the premises are within 25 yards on the same side of the street, at a traffic crossing opposite Ilfracombe Book Shop.

Contact:

Webbers

Property Subtype:

Shopfront

Date on Market:

26/03/2025

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More details for 37 Brook St, Tavistock - Retail for Sale

37 Brook St

Tavistock, PL19 0HE

  • Retail for Sale
  • £250,000
  • 3,304 sq ft
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More details for 6 BEDFORD SQUARE & 1 NORTH STREET – Retail for Sale, Tavistock

6 BEDFORD SQUARE & 1 NORTH STREET

  • Retail for Sale
  • £450,000
  • 3,892 sq ft
  • 2 Retail Properties
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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
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More details for Anglers Rest, Drewsteignton - Retail for Sale

Fingle Bridge Inn - Anglers Rest

Drewsteignton, EX6 6PW

  • Retail for Sale
  • £1,400,000
  • 5,400 sq ft
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More details for 87 Fore St, Kingsbridge - Retail for Sale

87 Fore St

Kingsbridge, TQ7 1AB

  • Retail for Sale
  • £105,000
  • 431 sq ft
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More details for Cross St, Combe Martin - Retail for Sale

Cross St

Combe Martin, EX34 0DD

  • Retail for Sale
  • £229,950
  • 965 sq ft
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More details for 25 Park Road, Exeter - Retail for Sale

25 Park Road

Exeter, EX1 2HS

  • Retail for Sale
  • £425,000
  • 1,453 sq ft

Exeter Retail for Sale

End of Terrace Mixed use property, currently set out as a veterinary practice on the ground floor with a 2 bedroom flat above. Freehold property available for sale with vacant possession. Guide price £425,000 - £450,000. A two storey residential dwelling constructed in the Victorian era that has been extended and converted to provide a ground floor commercial unit, most recently occupied as a veterinary practice with residential accommodation above. The ground floor is laid out to comprise a reception and waiting area, with a number of interlining rooms behind. The floor is concrete with various vinyl finishes. The walls are a combination of painted paster finished or covered with tiles. The ceilings are painted plaster finish. The lighting is surface mounted LED panels. The heating is via a gas fired boiler. The first floor is a separately accessed 2 bedroom flat also comprises kitchen and bathroom benefitting from electric heating via wall panels and good storage throughout. Park Road is situated in a prominently residential area that is popular with students and private residents situated approximately 1 mile from the University of Exeter, Royal Devon and Exeter Hospital and Exeter City Centre. The property occupies a corner position, located just off Polsoe Road which is one of the main arterial routes to and from the city centre and linking to the A30, A38 and M5 Motorway.

Contact:

Sanderson Weatherall LLP

Property Subtype:

Vet Surgery / Kennel

Date on Market:

09/10/2025

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FAQs about Retail property for sale in Devon

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Devon?
There are currently 67 Retail Properties available for sale near Devon. These Devon Retail Property listings have an average size of 10,932 sq ft. The largest available listing in Devon is 198,087 sq ft. The thriving commercial centre and excellent transport links in Devon make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Devon?
The average price/SF for Retail Property for sale in Devon is about £144. The cost per sq ft for Retail Property in Devon ranges from £8 to £504, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Devon?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £8 to £504 per square foot. While the average net initial yield for Retail Properties is 8.10%.
What is the largest Retail Property available for sale in Devon?
Currently, the largest Retail Property available to buy is 198,087 sq ft and the smallest is 265 sq ft. The average size of Retail Property available for sale in Devon is approximately 10,932 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Devon

With 60 retail units currently available for sale in Devon, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Devon, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Devon, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Devon can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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