From
£245,000
Property for saleFore Street, Tiverton EX16
Just added
Auction
About this property
Freehold Shop Investment
Well located on Fore Street on an established trading location
Entirely let to Devon Air Ambulance expiring 2035(1)
Arranged over 2,209 sq ft
Investment let at £22,000 p.a. (8.97% giy on Guide Price)
Strapline
Auction Sale - 14/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Shop Investment – Prime Fore Street Location | Let to Devon Air Ambulance to 2035 | 2,209 sq ft
Description
The property is arranged over ground and one upper floor to provide a ground floor shop with ancillary office accommodation above.
Location
Prominently located on Fore Street, Tiverton’s principal retailing pitch within the pedestrianised town centre, the property benefits from strong footfall and nearby occupiers including Argos, Superdrug and Card Factory.
Tiverton is an attractive Mid Devon market town approximately 14 miles north of Exeter, with good road access to the A361 and M5 (J27), and rail services to London Paddington from Tiverton Parkway.
Transport
Road The property benefits from access to the A361, which connects directly to Junction 27 of the M5 motorway approximately 6 miles to the east.
Rail Tiverton Parkway railway station is located approximately 6 miles away, providing regular direct services to London Paddington, Exeter and Bristol.
Bus Numerous bus routes operate from nearby Fore Street and the town’s main bus station, both within a short walking distance.
Tenancy
Let to Devon Air Ambulance Trust on an effective full repairing and insuring(Fri) lease by way of a schedule of condition for a term of 10 years from February 2025 at £22,000 per annum.
(1)The lease provides for a tenant break option at the 5th anniversary.
Accommodation
Ground Floor - 162.1 sq m (1,745 sq ft)
First Floor - 43.1 sq m (464 sq ft)
Total - 205.2 sq m (2,209 sq ft)
Auction Sale - 14/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Shop Investment – Prime Fore Street Location | Let to Devon Air Ambulance to 2035 | 2,209 sq ft
Description
The property is arranged over ground and one upper floor to provide a ground floor shop with ancillary office accommodation above.
Location
Prominently located on Fore Street, Tiverton’s principal retailing pitch within the pedestrianised town centre, the property benefits from strong footfall and nearby occupiers including Argos, Superdrug and Card Factory.
Tiverton is an attractive Mid Devon market town approximately 14 miles north of Exeter, with good road access to the A361 and M5 (J27), and rail services to London Paddington from Tiverton Parkway.
Transport
Road The property benefits from access to the A361, which connects directly to Junction 27 of the M5 motorway approximately 6 miles to the east.
Rail Tiverton Parkway railway station is located approximately 6 miles away, providing regular direct services to London Paddington, Exeter and Bristol.
Bus Numerous bus routes operate from nearby Fore Street and the town’s main bus station, both within a short walking distance.
Tenancy
Let to Devon Air Ambulance Trust on an effective full repairing and insuring(Fri) lease by way of a schedule of condition for a term of 10 years from February 2025 at £22,000 per annum.
(1)The lease provides for a tenant break option at the 5th anniversary.
Accommodation
Ground Floor - 162.1 sq m (1,745 sq ft)
First Floor - 43.1 sq m (464 sq ft)
Total - 205.2 sq m (2,209 sq ft)
Mortgage calculator
Monthly repayment
£1,225 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}