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

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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.

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More details for 25 East St, Braunton - Retail for Sale

Agricultural Inn - 25 East St

Braunton, EX33 2EA

  • Retail for Sale
  • £545,000
  • 7,373 sq ft

Braunton Retail for Sale

Freehold Public House For Sale. We are instructed to invite offers in the order of £545,000 + VAT. The property comprises the ground and first floors of a two storey semi-detached building with painted rendered elevations beneath gable and flat roofed extensions. Located in the large and well-regarded village of Braunton in North Devon, approximately 5 miles (8 km) west of Barnstaple and 6 miles (10 km) north of the coastal resort of Croyde, Braunton is a popular and well-served settlement on the edge of the North Devon Area of Outstanding Natural Beauty. The village benefits from a strong mix of residential housing, independent retailers, schools and community facilities, together with a steady level of year-round visitor trade supported by its proximity to the North Devon coastline and surrounding countryside. The Agricultural Inn is situated within Braunton in a predominantly residential area, with convenient access to the village centre. The property lies a short distance from the main High Street, where a range of independent shops, cafés, public houses and essential amenities are located

Contact:

Savills

Property Subtype:

Bar

Date on Market:

14/04/2026
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More details for Retail for Sale

East St

Okehampton

  • Retail for Sale
  • £500,000
  • 4,572 sq ft

Okehampton Retail for Sale

Set across a well-proportioned 0.22-acre plot, the site accommodates an extensive range of existing two-storey structures suitable for conversion. The approved scheme provides for four attractive mews-style homes with private outdoor space and on-site parking, while the existing footprint offers scope for creative reconfiguration. With ample frontage, yard space and multiple building sections, the site is primed for efficient redevelopment within a compact but versatile envelope.

Contact:

Aston Mead

Property Subtype:

Shopfront

Date on Market:

01/04/2026
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More details for 26 High St, Exeter - Retail for Sale

The White Lion Inn - 26 High St

Exeter, EX5 4QL

  • Retail for Sale
  • £350,000
  • 3,035 sq ft

Exeter Retail for Sale - Bradninch

We are instructed to invite offers in excess of £350,000 plus VAT. Subject to the lease described. The property is held freehold (Title Number DN320599). We understand that all fixtures and fittings owned outright are to be included in the disposal. Where applicable, stock may be valued in addition on completion. No inventory schedule will be provided and therefore what is left on the day of completion will transfer. The entire property is let to a private individual on a 5 year Fixed Term Tenancy (FTT) from 16 May 2025 at a current rent of £14,500 per annum. A rent deposit of £3955.36 is held by the landlord. The property is arranged over two levels. The building features painted rendered elevations beneath a pitched clay tile roof with Crittall sash windows. Internally the building is traditional in style Including an open wood burning fireplace, low ceilings and exposed beams and brickworks. The White Lion is a traditional village pub located in the town of Bradninch. The property is situated fronting the High Street. Bradninch is a historic market town located in the valley of the River Culm, best known for its historic architecture and character, maintaining a strong rural feel. The White lion has good access links to the M5, which connects Exeter and Bristol. In terms of public transport, the Guildhall Bus Stop is located a small walk from the property, offering services to Exeter and Tiverton. Additionally, Exeter International Airport is situated 8.8 miles to the South and Exeter Central Train station 10.6 miles to the south west, provides links to Exmouth and London Waterloo.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

30/03/2026
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More details for 20 St. James Pl, Ilfracombe - Retail for Sale

The Antidote Restaurant & Apartments - 20 St. James Pl

Ilfracombe, EX34 9BJ

  • Retail for Sale
  • £375,000
  • 475 sq ft
  • Restaurant
  • Smoke Detector

Ilfracombe Retail for Sale

Prime mixed-use freehold investment and lifestyle opportunity located in the heart of Ilfracombe, just moments from the harbour and main tourist areas. The property comprises a highly rated, fully licensed 16-cover restaurant on the ground floor, currently operating as a successful business with strong reputation and scope to increase trading hours and turnover. The upper floors provide two boutique en-suite letting rooms, ideal for B&B or short-term accommodation, alongside a stunning top-floor open-plan apartment featuring exposed beams and a mezzanine bedroom. The building has been extensively modernised throughout and is offered as a going concern, making it ideal for owner-operators or investors seeking a hospitality-led asset with multiple income streams. Positioned in a high footfall tourist location with close proximity to beaches, harbour, and parking facilities, the property benefits from consistent seasonal demand and strong year-round appeal.

Contact:

Webbers

Property Subtype:

Restaurant

Date on Market:

23/03/2026
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More details for 80 Fore St, Exeter - Retail for Sale

80 Fore St

Exeter, EX3 0HQ

  • Retail for Sale
  • £110,000
  • 276 sq ft
  • Security System

Exeter Retail for Sale - Topsham

A commercial unit situated in the heart of Topsham. Nestled in Fore Street this premises sits in a prime location. <br/><br/>Currently run as a café this property has scoop for further uses. <br/><br/>Please note the fitted kitchen unit belongs to the current tenant and is available to buy separately.<br/><br/>Situation<br/>Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary. The town is steeped in history and famed for its ship-building past and the Dutch architecture found in the older part of the town and in particular The Strand. With easy commuting and access to the M5, only a 5 minute drive away, Topsham is also well served by rail. The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St Davids, connecting it to the national network. Exeter airport is some 5 miles away.<br/><br/>Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctors surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants. It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.<br/><br/>CEPC available soon.<br/><br/>For further information or to arrange a viewing, please contact our office.<br/><br/><br/>

Contact:

Clark & Co Estates

Property Subtype:

Shopfront Retail / Residential

Date on Market:

06/03/2026
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More details for 51 Boutport St, Barnstaple - Retail for Sale

51 Boutport St

Barnstaple, EX31 1SH

  • Retail for Sale
  • £200,000
  • 1,293 sq ft

Barnstaple Retail for Sale

This mixed commercial and residential freehold opportunity is offered with vacant possession and is positioned in the heart of Barnstaple town centre, directly opposite the Scott multi-screen cinema. The property includes a ground-floor retail unit of approximately 1,300 sq ft along with two independently accessed upper-floor flats. With a substantial rear garden/backland area of approximately 2,470 sq ft, the property offers clear scope for further development, subject to planning permission. The vendor is inviting offers in the region of £200,000, and all parties will be responsible for their own legal costs.

Contact:

The Wright Property

Property Subtype:

Shopfront Retail / Residential

Date on Market:

05/03/2026
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More details for 76 High St, Barnstaple - Retail for Sale

76 High St

Barnstaple, EX31 1HX

  • Retail for Sale
  • £850,000
  • 8,783 sq ft

Barnstaple Retail for Sale

The property is held on an F.R.I lease to TG Jones expiring 30th March 2030 at a passing rent of £65,000p.a.x. The property comprises a 2 storey commercial development with substantial aluminium framed and glazed frontage. Internally Internally the property is presented in standard TG Jones corporate specification (aligned with WH Smith) with a mixture of carpeted and timber flooring with lighting provided by L.E.Ds recessed with the suspended acoustic tile ceiling. The property has been partitioned to the rear forming stores and loading space. The upper floor provides further retailing space with staff room, officer and w.c. facilities.

Contact:

TSA Property Consultants

Date on Market:

16/02/2026
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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
  • Energy Performance: C

Axminster Retail for Sale

and slatwall cladding on the majority of internal wall space. There are three sales areas and a partitioned off store area. A rear door provides access into the communal kitchen area, WCs and parking. Unit 2— Is the smallest of the retail units providing an open plan display area with wooden effect flooring, a suspended ceiling with inset lighting and a partitioned off rear office/store. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store. Unit 3— A retail unit providing an open plan display area with a partial wooden effect floor with the rear area being rubber tile matting, category 2 lighting and spotlights. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store. Unit 4— This retail unit provides an open plan display area with wooden effect flooring, suspended ceiling grid with inset lighting. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.

Contact:

Greenslade Taylor Hunt

Property Subtype:

Shopfront

Date on Market:

04/02/2026
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More details for Blackthorne Rd, Exminster - Retail for Sale

Stowey Arms Public House - Blackthorne Rd

Exminster, EX6 8AT

  • Retail for Sale
  • £550,000
  • 23,087 sq ft

Exminster Retail for Sale

We are instructed to invite offers in excess of £550,000 (10.82% NIY) assuming the usual purchasers costs. The entire property is let to a private individual on a 5 year lease from 31 July 2024 at a current rent of £29,232 per annum, and an annual tie release fee of £33,170 which are both subject to annual reviews reflecting the change in the RPI over the preceding 12 months, subject to a minimum increase of 2% and a maximum increase of 6%. A rent deposit of £3,674 is held by the landlord. The lease is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954. The property comprises the ground and first floor of a two storey detached building with painted pebbledash elevations beneath a pitched tiled roof. Ground Floor: The ground floor provides a games area with a private hire area to the rear. The dining area comprises a central bar servery and seating at loose tables, chairs and couches for 50 customers. Ancillary areas include a trade kitchen, customer WC's, stores and a ground floor cellar. First Floor: The first floor comprises three double ensuite bedrooms, a single ensuite bedroom, private staff accommodation providing two bedrooms, lounge, bathroom and kitchen. Externally: There are loose picnic benches to the front of the property for 20 customers. To the rear is a further external trade area for approximately 30 customers. There is parking to the front for 20 vehicles. Located in the village of Exminster in the county of Devon, 4.5 miles south of Exeter and 42 miles north east of Plymouth. The Stowey Arms is situated fronting Main Road in a mixed residential and rural area, a short distance south east of Exeter city centre. The village has local businesses including; Pizza a Legna, Tesco Express, The Artisan Dog Company and Winsor Flower Studio.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

29/01/2026
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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
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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
  • Security System

Barnstaple Retail for Sale

Inviting offers based upon £199,000. It should be noted that the flat is subject to an assured shorthold tenancy and the shops are vacant. Planning permission was granted on the 6th March 2024 under application number 76417 for demolition of existing outbuildings, and the erection of a two-storey development, consisting of 1x studio apartment, 1x two storey one bedroom dwelling and 1x two storey two-bedroom dwelling, plus refurbishment of the two existing retail units.

Contact:

The Wright Property

Property Subtype:

Shopfront Retail / Residential

Date on Market:

16/12/2025
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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
  • Security System

Newton Abbot Retail for Sale

Offers are sought in the region of £275,000 for the freehold of this well located Office / Retail premises with potential for a purchaser to occupy all or part and let the remainder, or for possible development of the upper floor into a residential unit, subject to the usual planning and building regulation consents.

Contact:

Noon Roberts

Property Subtype:

Shopfront Retail / Residential

Date on Market:

21/11/2025
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More details for 1 Highweek St, Newton Abbot - Retail for Sale

Lovegate House - 1 Highweek St

Newton Abbot, TQ12 1TG

  • Retail for Sale
  • £259,500
  • 1,560 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access

Newton Abbot Retail for Sale

An opportunity to acquire the Freehold of this attractive Grade ll Listed detached town centre premises arranged over 3 floors together with a rear courtyard area plus 2 Car parking spaces at the rear. The premises are located in Highweek Street, just off the pedestrianised area of Bank Street leading off Courtenay Street and the large car parks at Asda and Wolborough Street. The premises have traded most recently as a hair and beauty salon, but previously was a café. However it would suit a wide variety of alternative uses, subject to consents. Sale of the freehold for £259,500.

Contact:

Noon Roberts

Property Subtype:

Shopfront

Date on Market:

18/11/2025
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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
  • Security System

Barnstaple Retail for Sale

<p><b>PROMINENT BARNSTAPLE HIGH STREET INVESTMENT FOR SALE </b></p><p><b>106a HIGH STREET, BARNSTAPLE, </b></p><p><b>NORTH DEVON EX31 1HP </b></p><p><b>PRICE: £149,950 FREEHOLD </b></p><p>DESCRIPTION </p><p>Arranged over 2 floors, the premises is located in the High Street with nearby operators including Tesco, Halifax, HSBC etc. Pedestrian flow is strong. Formerly operated as a sandwich bar/take away/café, an Estate Agency Office and currently as a mini mart retail outlet. </p><p>LEASE </p><p>Currently let on a 5 year term from August 2023 at a passing rent of £14,000 p.a.x.. A break clause at the end of the 2nd year was not operated. </p><p>ACCOMMODATION </p><p>HIGH STREET RETAIL UNIT (16' 11 x 10' 4'') Gross frontage: 10' 3'' Net frontage: 8' x 2' 2'' </p><p>LINK CORRIDOR: 22' 8'' x 3' 4'' </p><p>FORMER CAFE/OFFICE/RETAIL AREA: 19' 4'' x 11'7'' </p><p>FORMER KITCHEN: 13'11 x 7' </p><p>FORMER WC/STORE: 5' 0'' x 2' 4'' </p><p>FIRST FLOOR: </p><p>TOILET: WC and basin </p><p>STOREROOM: 15' 2'' X 8' 3'' </p><p>GIA: around 660 sq ft (61 sq m) over two floors </p><p>RATEABLE VALUE: £5,200 </p><p><br /></p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>

Contact:

The Wright Property

Property Subtype:

Shopfront Retail / Residential

Date on Market:

18/04/2025
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More details for 18 South St, Torrington - Retail for Sale

18 South St

Torrington, EX38 8AA

  • Retail for Sale
  • £185,000
  • 617 sq ft
  • Smoke Detector

Torrington Retail for Sale - Great Torrington

FOR SALE BY ONLINE AUCTION - AUCTION DEADLINE DATE WEDNESDAY 13TH OF MAY 2026 AT 12PM<br/><br/>LOCATION<br/>Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade. <br/>Nearby is South Street car park, where the owner of this property may be able to apply for a residents’ parking permit through Torridge District Council. Availability and eligibility are subject to the council’s criteria.<br/>Torrington is a vibrant market town set high above the River Torridge. Each year it hosts a well attended May Day celebration. The town lies approximately 11 miles from Barnstaple and around 7 miles from Bideford. It is also known for being the home of Dartington Crystal and for the nearby Rosemoor Gardens, both of which are major attractions in the area.<br/><br/>THE PREMISES<br/>The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors. <br/>The ground floor area provides approximately 617 sq ft of space. <br/>To the rear of the property is a further retail area with a large kitchen. <br/>The upper floors provide a lounge, kitchen/diner, 5 bedrooms (3 en-suite) with further bathroom and shower room. <br/>The premises are in need of work and modernisation throughout.<br/>Would be ideal for a variety of retail uses, subject to any necessary planning consent.<br/>This property benefits from approved planning permission for a change of use to a six bed House of Multiple Occupation (HMO), under application reference 1/0144/2025/FUL.<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/>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/>BUSINESS RATES <br/>£11,500 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website. Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.<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/>TRADITIONAL ONLINE AUCTION INFORMATION <br/>Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price. <br/><br/>PRICING INFORMATION <br/>The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount. <br/>Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances. <br/><br/>BUYER’S PREMIUM & OTHER CHARGES <br/>The winning buyer is charged a sum of £4,125 + VAT. This buyers fee is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs. On completion the Buyer will pay the sum of £209 to the Seller’s solicitors in reimbursement of search fees.<br/><br/>SELLERS SOLICITORS <br/>Alexandra Jenkins - Hek Jones Solicitors <br/>2nd Floor, 14 Cathedral Road, Cardiff, CF11 9LJ [use Contact Agent Button] [use Contact Agent Button]<br/>

Contact:

Webbers

Property Subtype:

Bar

Date on Market:

31/03/2025
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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/>£6,400 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. <br/>The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website. <br/>Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.<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 Fore St, North Tawton - Retail for Sale

The Copper Key - Fore St

North Tawton, EX20 2ED

  • Retail for Sale
  • £330,000
  • 3,013 sq ft
  • Restaurant

North Tawton Retail for Sale

Comprises large public house arranged as a ground floor bar & restaurant with 4-bed owner`s flat at first floor. The property benefits from outdoor seating and large beer garden, providing the following accommodation and dimensions: Ground Floor: bar area, kitchen, WCs, storage, beer garden First Floor: 4 bedrooms, 2 bathrooms, kitchen and lounge Total GIA: 280 sq m (3,013 sq ft) ? Purchase Price: £330,000 ? Gross Initial Yield: 7.09% ? Rental Income: £23,400 p.a.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

28/03/2025
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LoopNet UK Retail Properties For Sale in Devon, UK

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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 44 Retail Properties available for sale near Devon. These Devon Retail Property listings have an average size of 5,808 sq ft. The largest available listing in Devon is 66,244 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 £147. The cost per sq ft for Retail Property in Devon ranges from £23 to £833, 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 £23 to £833 per square foot. While the average net initial yield for Retail Properties is 7.88%.
What is the largest Retail Property available for sale in Devon?
Currently, the largest Retail Property available to buy is 66,244 sq ft and the smallest is 243 sq ft. The average size of Retail Property available for sale in Devon is approximately 5,808 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 73 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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