Skip to content
Get brand editions for Bond Oxborough Phillips, Tavistock
COMMERCIAL

Office for sale

Abbey Place, Tavistock, Devon

From
£650,000
Bond Oxborough Phillips, Tavistock
PROPERTY TYPE

Office

BEDROOMS

2

SIZE

Ask agent

Key features

  • Substantial mixed-use property with established tenants
  • Ground-floor convenience store & Post Office (£30,000 p.a.)
  • Two self-contained 1-bed flats generating £1,225 PCM combined
  • Separate rear office currently let (£3,500 p.a.)
  • Car Park, Plus Two private parking spaces (£130 PCM total)
  • Lower ground floor & basement offer untapped potential
  • Fully occupied – strong, diversified rental income
  • Excellent opportunity for investors or developers seeking growth
  • EPCs for Flats are both D- 62 and 64
  • CEPC for Post Office & Shop C 66

Description

An outstanding opportunity to acquire a substantial mixed-use property offering a thriving convenience store with Post Office, two self-contained flats, a fully let office suite, and rear car parking. Located in a prominent and bustling area, this well-established property already generates an excellent income with further scope for expansion and development.

The Property:
The ground floor is occupied by a long-standing convenience store and Post Office, producing a solid annual income of £30,000 per annum, ensuring a stable and reliable return from day one.

Beneath, the lower ground floor and basement offer untapped potential—ideal for additional retail storage, conversion to commercial use, or even residential development (subject to planning).

The first floor comprises two well-presented one-bedroom flats, both let on assured shorthold tenancies and generating a healthy combined rental income of £1,225 PCM.

To the rear, a separate office suite provides further income of £3,500 per annum, appealing to local professionals and small businesses.

Completing this fantastic investment are two private parking spaces, currently let at £65 PCM each, ensuring maximum utilisation of every part of the site.

Current Income Summary:

Shop & Post Office: £30,000 per annum

Flat 1: £600 PCM (£7,200 p.a.)

Flat 2: £625 PCM (£7,500 p.a.)

Office: £3,500 per annum

Parking (x2): £130 PCM (£1,560 p.a.)
Total Current Income: £49,760 per annum

Investment Highlights:

Strong existing yield with diverse income streams

Prominent trading position with established retail tenant

Potential to develop or enhance the lower ground and basement levels

Fully occupied with reliable tenants

Rear car park with income and further development scope

A rare chance to acquire a fully let, income-producing asset with exciting scope for future value growth.

Early viewing is highly recommended to appreciate the scale, flexibility, and potential of this exceptional investment property.

Tucked away behind a gated entrance along one of Tavistock’s most desirable roads, this impressive and substantial residence enjoys a discreet setting that combines privacy with exceptional convenience. Located less than half a mile from the town centre, the property offers easy access to Tavistock’s excellent range of amenities, all while enjoying far-reaching views across the town towards the surrounding countryside and Dartmoor National Park.

For those who enjoy the outdoors, the open moorland at Whitchurch Down is just over a mile to the east, offering a gateway to Dartmoor’s vast natural beauty.

Tavistock itself is a vibrant and historic market town, steeped in heritage dating back to the 10th century. Today, it boasts a fantastic mix of independent shops, cafés, and cultural attractions, along with well-regarded educational options – including the renowned Mount Kelly School. The town’s heart lies around the picturesque Bedford Square and the historic Pannier Market, where regular farmers’ markets bring a lively community feel.

Further afield, the maritime city of Plymouth lies approximately 15 miles to the south, offering a comprehensive range of amenities and coastal attractions, including the popular Mayflower Marina. The cathedral city of Exeter, around 40 miles northeast, provides excellent transport links to the rest of the country via its mainline railway station and access to the M5 motorway.



Brochures

Particulars

Energy Performance Certificates

EPC Rating Graph

Abbey Place, Tavistock, Devon

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gunnislake Station4.0 miles
  • Calstock Station4.5 miles
  • Bere Alston Station5.0 miles
Get brand editions for Bond Oxborough Phillips, Tavistock

About Bond Oxborough Phillips, Tavistock

The Works, 3 Dolvin Road, Tavistock, PL19 9EA

The Key to Moving Home and Changing Lifestyles!

At Bond Oxborough Phillips, our commitment to delivering outstanding results is underscored by our tagline, "The Key to Moving Home and Changing Lifestyles." Whether you're on the lookout for your dream home or aiming for success as a seller, our seamless operations cover Devon and Cornwall, utilising interconnected offices to navigate your property journey with precision.

What sets us apart:

Exceptional Customer Service: Our business thrives on exceptional customer service, driven by dedicated teams and supported by cutting-edge technology to ensure your property transactions are not only successful but also stress-free.

Specialist Teams: From negotiators to valuers, managers, and support staff, our specialists are here to guide you through every stage of the sales process. Armed with local expertise, they can help you find the perfect property. Additionally, we can connect you with independent mortgage and conveyancing specialists for a smooth buying or selling experience.

Extensive Reach: Covering Devon and Cornwall, our interconnected network of teams and offices enables us to connect more buyers with sellers than anyone else. In fact, many of our buyers discover properties in areas they hadn't previously considered, showcasing our ability to broaden your property horizons and increase exposure.

Embark on your next journey with Bond Oxborough Phillips - where exceptional service meets successful property transactions. Whether you're buying, selling, letting, or renting, we hold the key to making it happen. Unlock Your Next Chapter!

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TVS250724. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bond Oxborough Phillips, Tavistock. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.