Retail in Devon available for sale
57

Retail Properties for Sale in 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 Victoria Pl, Axminster - Retail for Sale

The Old Bell House - Victoria Pl

Axminster, EX13 5NQ

  • Retail for Sale
  • £300,000
  • 2,314 sq ft
See More
More details for Lode Ln, Marldon - Retail for Sale

Church House Inn - Lode Ln

Marldon, TQ3 1SL

  • Retail for Sale
  • £700,000
  • 6,146 sq ft
  • Restaurant
  • Smoke Detector

Marldon Retail for Sale

We are instructed to invite offers in excess of £700,000 (9.38% NIY) assuming the usual purchasers costs.The fixtures and fittings are currently owned by the occupational tenant. The property is held freehold (Title Number DN443959). Entire property let to two private individuals on a 20 year lease from 17 August 2021 at a current rent of £69,137 per annum which is subject to five yearly open market rent reviews and annual uncapped RPI increases (except in the open market review year). A rent deposit of £14,197 is held by the landlord. The property comprises the ground and first floor of a two storey detached building with painted elevations beneath a pitched roof. Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and stools for 80 customers with a function room on the upper ground floor for 35 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear. First Floor: The first floor provides an office, bathroom, kitchen and three bedrooms. Outbuilding: There is an outdoor cellar, stores and disabled WC. Externally: There is an enclosed customer area to the rear with seating on wooden benches for 40 customers and additional seating adjacent to the car park for 20 customers. There is parking to the rear for 25 vehicles. Located in the village of Marldon in the county of Devon, 3.2 miles (5.1 kilometres) north west of Paignton and 4.4 miles (7.1 kilometres) west of Torquay. The Church House Inn is situated fronting Love Lane in a residential area where operators such as Ye Olde Smokey House, Millmans Holiday Cottages and Marldon Maple Leaf Bowling Club are located. The location provides access to the A380 dual carriageway, linking directly to the motorway network via the M5 at Exeter.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

26/01/2026

Hide
See More
More details for 66-67 Newport Rd, Barnstaple - Retail for Sale

66-67 Newport Rd

Barnstaple, EX32 9BG

  • Retail for Sale
  • £199,000
  • 1,660 sq ft
See More
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
See More
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
See More
More details for 1 Highweek St, Newton Abbot - Retail for Sale

Lovegate House - 1 Highweek St

Newton Abbot, TQ12 1TG

  • Retail for Sale
  • £275,000
  • 1,560 sq ft
See More
More details for 106a High St, Barnstaple - Retail for Sale

106a High St

Barnstaple, EX31 1HP

  • Retail for Sale
  • £149,950
  • 793 sq ft
See More
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

Hide
See More
More details for 19 Fore St, Cullompton - Retail for Sale

White Hart - 19 Fore St

Cullompton, EX15 1JS

  • Retail for Sale
  • £380,000
  • 4,930 sq ft
See More
More details for 122A Fore St, Exeter - Retail for Sale

122A Fore St

Exeter, EX4 3JQ

  • Retail for Sale
  • £350,000
  • 4,284 sq ft
See More
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

Hide
See More
More details for 59 High St, Ilfracombe - Retail for Sale

59 High St

Ilfracombe, EX34 9QB

  • Retail for Sale
  • £300,000
  • 4,144 sq ft
  • Restaurant

Ilfracombe Retail for Sale

Investment Consideration: VAT is applicable to this property Total area size 385 sq m (4,144 sq ft) Comprises public house/restaurant with function room and staff/letting accommodation Property benefits from large garden at rear and basement Occupiers close by include Co-Op Supermarket, Petrol Station, Pet Store and more. Property Description: Comprises ground floor bar/restaurant with additional seating area and full commercial kitchen at first floor and large staff accommodation at second and top floor. Potential to use residential area as letting accommodation and increase revenue. The property benefits from large outdoor seating area at rear, providing the following accommodation and dimensions: Ground Floor: Open plan bar/restaurant area, prep kitchen Basement: Cellar with customer WCs & access leading to garden First Floor: Function room, commercial kitchen, wc`s, storage Second Floor: 5 letting/staff rooms, kitchen, living room, bathroom Third Floor: 2 rooms Total GIA: 385 sq m (4,144 sq ft) Tenancy: The property is at present let to an Individual for a term of 6 Years 11 Months from 15th April 2025 at a current rent of £23,400* p.a. and the lease contains full repairing and insuring covenants. Rent review on 15.04.28 linked to RPI. Tenant option to determine on 15.10.27 with minimum 3 months notice. Deposit held of £3,470. *Tenant currently pays reduced rent for Year 1 of £20,800 p.a. Fixed rental increase to £23,400 p.a. on 14.04.26. The vendor will top up rent, so the buyer receives the equivalent to £23,400 p.a. from completion Location: Ilfracombe is a seaside resort and civil parish on the North Devon coast, England, with a small harbour surrounded by cliffs. The town is at the southern end of the A361, the longest 3-digit A-road in England which finishes on the A5 at Kilsby on the Northamptonshire-Warwickshire border near Rugby and is the town's main connection with the South-West England motorway, the M5. The property is located on the high street within walking distance to the sea front. Occupiers close by include Co-Op Supermarket, Petrol Station, Public House, Pet Store and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

28/02/2025

Hide
See More
More details for Bank Street, Teignmouth - Retail for Sale

Bank Street

Teignmouth, TQ14 8AW

  • Retail for Sale
  • £295,000
  • 1,635 sq ft
  • Smoke Detector

Teignmouth Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor takeaway and a self-contained 1-bedroom cottage at rear Clampet Lane Teignmouth is a seaside town, fishing port and civil parish in the county of Devon The property is situated in the heart of the town centre within short walk from Teignmouth Train Station, with occupiers nearby including Costa Coffee, Poundland, Greggs and more. Property Description: Comprises mid-terrace ground floor shop t/a Takeaway and self-contained 1-bedroom cottage at rear (Clampet Lane), providing the following accommodation and dimensions: Ground Floor Takeaway: 60 sq m (645 sq ft) Open plan retail, storage, ancillary, wc Ground/First/Second Floor Cottage: 92 sq m (990 sq ft) 1 bedroom, kitchen/living room, bathroom Total GIA: 152 sq m (1,635 sq ft) Tenancy: The shop is at present let to an Individual for a term of 5 years from 12th April 2023 at a current rent of £13,500 p.a. p.a. and the lease contains full repairing and insuring covenants. Lease renewal. Tenant in occupation since 2018 The cottage is at present let on AST to an Individual for a term of 6 months from 18th July 2024 at a current rent of £8,340 p.a. Deposit held of £801. Location: Teignmouth is a seaside town, fishing port and civil parish in the English county of Devon. It is on the north bank of the estuary mouth of the River Teign, about 12 miles south of Exeter. The property is situated in the heart of the town centre within short walk from Teignmouth Train Station, with occupiers nearby including Costa Coffee, Poundland, Co-Op Food, Greggs, Holland & Barrett and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

02/02/2025

Hide
See More
More details for Bank Street, Teignmouth - Retail for Sale

Bank Street

Teignmouth, TQ14 8AW

  • Retail for Sale
  • £295,000
  • 1,582 sq ft
  • Smoke Detector

Teignmouth Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor shop and a self-contained 2-bedroom cottage at rear Clampet Lane Teignmouth is a seaside town, fishing port and civil parish in the county of Devon The property is situated in the heart of the town centre within short walk from Teignmouth Train Station, with occupiers nearby including Costa Coffee, Poundland, Greggs and more. Property Description: Comprises mid-terrace ground floor shop t/a Pantry Shop and self-contained 2-bedroom cottage at rear (Clampet Lane), providing the following accommodation and dimensions: Ground Floor Shop: 68 sq m (732 sq ft) Open plan retail, storage, ancillary, wc First/Second Floor Cottage: 79 sq m (850 sq ft) 2 bedrooms, kitchen/living room, bathroom Total GIA: 147 sq m (1,582 sq ft) Tenancy: The shop is at present let to an Individual for a term of 15 years from 20th December 2022 at a current rent of £13,500 p.a. p.a. and the lease contains full repairing and insuring covenants. Rent review every 5th year open market upward only. Tenant option to determine every 5th year with min 6 months notice. Lease renewal. Tenant in occupation since 2016 The cottage is at present let on AST to an Individual at a current rent of £7,800 p.a. Location: Teignmouth is a seaside town, fishing port and civil parish in the English county of Devon. It is on the north bank of the estuary mouth of the River Teign, about 12 miles south of Exeter. The property is situated in the heart of the town centre within short walk from Teignmouth Train Station, with occupiers nearby including Costa Coffee, Poundland, Co-Op Food, Greggs, Holland & Barrett and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

02/02/2025

Hide
See More
1-23 of 57

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 58 Retail Properties available for sale near Devon. These Devon Retail Property listings have an average size of 2,493 sq ft. The largest available listing in Devon is 9,801 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 £127. The cost per sq ft for Retail Property in Devon ranges from £13 to £472, 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 £13 to £472 per square foot. While the average net initial yield for Retail Properties is 8.47%.
What is the largest Retail Property available for sale in Devon?
Currently, the largest Retail Property available to buy is 9,801 sq ft and the smallest is 265 sq ft. The average size of Retail Property available for sale in Devon is approximately 2,493 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 57 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

LoopNet - the worlds No. 1 commercial property marketplace.