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Investment Highlights

  • Mixed-use investment property comprising four detached commercial buildings plus yard/storage areas
  • One vacant new-build property designed for flexible commercial uses including office, shop and leisure
  • Aggregate net rent £32,725 pa, with reversionary uplift upon letting the vacant unit
  • Four well-established commercial tenants
  • Adjacent to railway station
  • Multiple asset management angles for enhancing rental income or development of the site

Executive Summary

The freehold interests comprising the property are to be offered by way of a sale of the holding/management company, which is offered at a guide price of £580,000.
The site comprises:-
• Unit 2: a new-build, two-storey unit, available with vacant possession ready for internal fit-out to suit tenant’s / purchaser’s requirements.
• Unit 3: a former railway store, converted to use as a café with terrace for outdoor seating, trading since 2017. Own toilet. Currently tenanted.
• Unit 4: Steel portal frame workshop building with profile metal cladding and concrete block walls. Currently divided to form two units, of which Unit 4b currently trades as a farm shop. Unit 4a is occupied for storage. Currently tenanted.
• Unit 5: Steel portal frame workshop building with profile metal cladding and two roller-shutter doors. Own toilet. Currently tenanted.
• Ancillary buildings: a pump house housing water system pumps and filtration systems, and a toilet block comprising portable building.
• External parking and access areas, plus land suitable for creation of secure yard areas. Also portacabin toilet block and pump house & borehole for water
Four commercial tenancies, all on short-term Law Society leases in personal names. Rents exclusive of all service charge costs.
Unit 3 (café): Term to 30th November 2027, rent £10,800 p.a. exclusive rising to £12,420 p.a.
Unit 4a (storage): Term 1st November 2025 to 30th April 2026, rent £4,650 p.a. exclusive
Unit 4b (farm shop): Term to 30th August 2028, rent £8,200 p.a. exclusive.
Unit 5 (workshop): Term to 31st December 2026, rent £9,075 p.a. exclusive.
Situated adjacent to Eggesford Railway Station and the A377, both of which connect to Exeter, 21 miles to the south east, and Barnstaple, 19 miles to the north west. Bus stop adjacent to site. Eggesford Station is located in a scenic area of Mid Devon, in the valley of the River Taw. Being mid-way between the largest town in Mid Devon and the city of Exeter, Eggesford Station is a regional hub for commuters, and the nearby Fox & Hounds Country Hotel draws visitors to the area. The Tarka Line railway has nearly 1 million passengers a year and Eggesford, being the mid-way passing point on the line, has considerable potential for further development.

Property Facts

Price $1,080,538 CAD
Price / SF $215.63 CAD / SF
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 5,011 SF
Total Land Area 1.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Unit 4a-4b
Eggesford Station Yard, Chulmleigh EX18 7JZ
Flex 1,511 SF 2014 -
Unit 5
Eggesford Station Yard, Chulmleigh EX18 7JZ
Industrial 1,561 SF 1990 -
Unit 2
Eggesford Station Yard, Chulmleigh EX18 7JZ
Industrial 971 SF 2014 -
Unit 3
Eggesford Station Yard, Chulmleigh EX18 7JZ
Retail 968 SF 2014 -
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  • Listing ID: 40180541

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: Eggesford Station Yard, Chulmleigh, DEV

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