The Anchor Centre, Bridge Street, Kingsbridge TQ7 1SB
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 22 April
- Freehold Shopping Arcade Investment
- Comprising 5 retail units (+2 sold off)
- Arranged over 5,199 sq ft
- Well located in Kingsbridge, a significant town close to Salcombe
- WAULT 8.6 years
- VAT is not applicable
- Investment let at £51,850 p.a. (11.52% GIY on Guide Price)
Description
StrapLine
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Shopping Arcade well located in Kingsbridge and arranged over 5,199 sq ft. WAULT 8.6 years. Total Rents £52,600 p.a.
Description
The property comprises a shopping arcade of 7 self-contained retail units.
Location
The property is situated in the heart of Kingsbridge town centre, occupying a prominent position on Bridge Street close to the junction with Fore Street, the town’s principal retailing thoroughfare. Kingsbridge serves as a key commercial and administrative hub for the South Hams, benefitting from strong local amenities, a busy year round population, and significant seasonal tourist trade owing to its proximity to Salcombe and the South Devon coastline. The surrounding area comprises a mix of national and independent retailers, cafés, and service operators, ensuring consistent footfall and strong visibility for occupiers.
Nearby occupiers include Peacocks, Costa Coffee, and Morrisons amongst others.
Transport
Kingsbridge benefits from good local connectivity, with regular bus services linking the town centre to Totnes, Dartmouth, Salcombe and Plymouth.
Rail - The nearest mainline railway station is Totnes, approximately 12 miles to the north, providing direct services to Exeter, Plymouth and London Paddington.
Road - access is via the A381, which connects Kingsbridge to the wider South Hams and Devon road network.
The surrounding area is well served by public car parks, with additional on street parking available nearby.
Tenancy
Please see the below schedule of accommodation and tenancies
Accommodation
Total - 483 sq m (5,199 sq ft)
Please see the below schedule of accommodation and tenancies
The Anchor Centre, Bridge Street, Kingsbridge TQ7 1SB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ivybridge Station9.5 miles
Notes
Disclaimer - Property reference 221-21618. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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