Retail in TQ12 available for sale
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Retail Properties for Sale near the TQ12, Newton Abbot

Explore the Latest TQ12 Retail Properties for Sale

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

Retail Properties for Sale Within 10 miles of the TQ12, Newton Abbot

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 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 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

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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

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FAQs about Retail property for sale in TQ12

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in TQ12?
There are currently 2 Retail Properties available for sale near TQ12. These TQ12 Retail Property listings have an average size of. The largest available listing in TQ12 is. The thriving commercial centre and excellent transport links in TQ12 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in TQ12?
The average price/SF for Retail Property for sale in TQ12 is about. The cost per sq ft for Retail Property in TQ12 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in TQ12?
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 to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in TQ12?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in TQ12 is approximately.
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 TQ12, Newton Abbot

With 2 retail units currently available for sale in TQ12, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in TQ12, 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 TQ12, 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 TQ12 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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