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

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

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

More details for High, High Bickington - Retail for Sale

Old George Inn - High

High Bickington, EX37 9AY

  • Retail for Sale
  • £210,000
  • 2,647 sq ft
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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

We are instructed to invite offers in the order of £545,000 + VAT. The property is held freehold (Title Number DN459804). Description 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. Planning The site falls under the sui generis pub use class. It is not listed, but is located within the Braunton conservation area, and the North Devon Area of Outstanding Natural Beauty and lies outside any designated flood risk zones. Local information: 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 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 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 76 High St, Barnstaple - Retail for Sale

76 High St

Barnstaple, EX31 1HX

  • Retail for Sale
  • £850,000
  • 8,783 sq ft
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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
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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 Co-op, Starbucks and Ionity Investment – for Sale, Ashburton

Co-op, Starbucks and Ionity Investment

  • Mixed Types for Sale
  • £3,800,000
  • 3 Properties | Mixed Types
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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
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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
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More details for Village Rd, Christow - Retail for Sale

The Artichoke Inn - Village Rd

Christow, EX6 7NF

  • Retail for Sale
  • £240,000
  • 3,969 sq ft

Christow Retail for Sale

Investment Consideration: Gross Initial Yield: 9.75% Rental Income: £23,400 p.a. VAT is NOT applicable to this property Comprises Grade II Listed public house with restaurant and 3-bedroom owner`s flat Benefits from large outdoor seating and large car park, kids play area and garage Located at the entrance of Dartmoor National Park in the heart of the desirable village of Christow. Property Description: Comprises a public house with 3-bed owner`s accommodation. The pub comes complete with a snug, 3 working fireplaces, beer garden, courtyard, garage and private owners parking, and a separate large car park across the road. The building dates back from the 12th Century and is the only pub in the village, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant, kitchen, cellar, wc`s First Floor: 3 bedrooms, living room, bathroom Total GIA: 280 sq m (3,014 sq ft) Tenancy: The property is at present let to an Individual for a term of 6 Years 11 Months from 20th November 2024 at a current rent of £23,400 p.a. and the lease contains full repairing and insuring covenants. Rent review on 20.10.27 and 20.10.30 open market upward only. Tenant option to determine on 20.10.27 with min 6 months notice. Deposit held of £5,000. Location: Christow is a village and civil parish in the Teignbridge district of Devon, England, about 12 miles southwest of Exeter. The village is in the Teign Valley, just off the B3193 road that links Chudleigh and Dunsford. The property is located at the entrance of Dartmoor National Park in the heart of the desirable village of Christow.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

27/03/2025

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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
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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
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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

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1-23 of 75

FAQs About Retail Property For Sale in Devon

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Devon?
There are currently 48 retail properties available for sale. Sizes range from 243 sq ft to 66,244 sq ft, with an average size of 5,619 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Devon?
The average asking price is approximately £151 per sq ft, with prices ranging from £24 to £853 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 243 sq ft to 66,244 sq ft, with an average size of 5,619 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
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 maintenance works that may be required.

Discover More Retail Properties for Sale in the Devon

With 75 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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