COMMERCIAL
Fore Street, Ivybridge, Devon, PL21
Guide Price
£330,000
- PROPERTY TYPE
Office
- SIZE
3,950 sq ft
367 sq m
Key features
- A prominent former banking premises occupying a prime high street location
- Scope for commercial investment or re-development opportunity
- Potential to lease or subdivide into two self-contained units, with options to acquire or lease individual units subject to agreement
- Guide price - £330,000 (Whole)
Description
A prominent former banking premises occupying a prime high street location, offering excellent scope for commercial investment or re-development opportunity.
Freehold Guide Price - £330,000
Consideration will be given to leasing or subdividing the property into two self-contained units, with the option to acquire or lease individual units subject to agreement. Interested parties are advised to contact the agents to discuss such opportunities further.
DESCRIPTION
A substantial mid-terrace retail premises formerly occupied by Lloyds Bank PLC, situated in a prominent high street location. The accommodation extends to 367.7 sqm (3,957.89 sq ft), conveniently arranged over two floors.
Access is taken directly from Fore Street via steps and a disabled-access ramp into an impressive open-plan main hall, complemented by a series of subdivided offices, stores and ancillary accommodation. A side link corridor extends access to further office and storage areas arranged over both ground and first floor levels.
The building offers the flexibility to be divided into two self-contained sub-units, with the benefit of a separate external door, dedicated entrance foyer, and retained internal access between both parts. The lower sub-unit further extends to the first floor, providing a range of individual front-facing office rooms and staff facilities.
The property is understood to be of a rendered blockwork construction beneath a pitched slate roof, featuring extensive glazed frontage. The front elevation is further enhanced by a coronation clock commemorating the coronation of Her Majesty Queen Elizabeth II on 2 June 1953.
Overall, an appealing property suitable for a variety of alternative uses, subject to securing necessary planning consents.
SITUATION
Situated in a highly prominent town centre position on Fore Street, the property lies within Ivybridge’s established commercial core. Ivybridge is a well-connected and expanding South Hams town, located approximately 10 miles east of Plymouth and immediately adjacent to the A38 Devon Expressway, which links directly with Exeter and the national motorway network.
DIRECTIONS
What3Words: ///freshen.towel.deadline
SERVICES
We have assumed that the property benefits from mains water, electricity and drainage connections. Prospective purchasers must make their own enquiries to verify the availability and suitability of services to the property.
OUTGOINGS
The property is registered for commercial rates as a bank and premises with a Rateable Value £31,750 from 1 April 2026. Prospective purchasers must make their own enquiries to verify the actual rates payable with the local authority.
VALUE ADDED TAX
We understand that the property is not elected for VAT. Accordingly, VAT will not be payable on the purchase price.
GUIDE PRICE
The property is available for sale freehold with vacant possession at a guide price of £330,000.
FLEXIBLE PURCHASE & LEASING OPTIONS
Consideration will be given to leasing or subdividing the property into two self-contained units, with the option to acquire or lease individual units subject to agreement. Interested parties are advised to contact the agents to discuss such opportunities further.
ACCOMODATION
GROUND FLOOR
Retail Zone(s) - 192.6sqm
Unclassified Area - 18.0sqm
Mess/Staff Room - 27.0sqm
Office(s) - 31.5sqm
Internal Storage - 12.6sqm
FIRST FLOOR
Office(s) - 75.3sqm
TOTAL - 367.7sqm
Enclosed outdoor area to rear, with pedestrian access to Glanvilles Road.
(Source: VOA Website — areas are approximate)
SELLING AGENTS
Greenslade Taylor Hunt
8 Erme Court, Leonards Road, Ivybridge, Devon, PL21 0SZ
Email: farms.
Tel:
Freehold Guide Price - £330,000
Consideration will be given to leasing or subdividing the property into two self-contained units, with the option to acquire or lease individual units subject to agreement. Interested parties are advised to contact the agents to discuss such opportunities further.
DESCRIPTION
A substantial mid-terrace retail premises formerly occupied by Lloyds Bank PLC, situated in a prominent high street location. The accommodation extends to 367.7 sqm (3,957.89 sq ft), conveniently arranged over two floors.
Access is taken directly from Fore Street via steps and a disabled-access ramp into an impressive open-plan main hall, complemented by a series of subdivided offices, stores and ancillary accommodation. A side link corridor extends access to further office and storage areas arranged over both ground and first floor levels.
The building offers the flexibility to be divided into two self-contained sub-units, with the benefit of a separate external door, dedicated entrance foyer, and retained internal access between both parts. The lower sub-unit further extends to the first floor, providing a range of individual front-facing office rooms and staff facilities.
The property is understood to be of a rendered blockwork construction beneath a pitched slate roof, featuring extensive glazed frontage. The front elevation is further enhanced by a coronation clock commemorating the coronation of Her Majesty Queen Elizabeth II on 2 June 1953.
Overall, an appealing property suitable for a variety of alternative uses, subject to securing necessary planning consents.
SITUATION
Situated in a highly prominent town centre position on Fore Street, the property lies within Ivybridge’s established commercial core. Ivybridge is a well-connected and expanding South Hams town, located approximately 10 miles east of Plymouth and immediately adjacent to the A38 Devon Expressway, which links directly with Exeter and the national motorway network.
DIRECTIONS
What3Words: ///freshen.towel.deadline
SERVICES
We have assumed that the property benefits from mains water, electricity and drainage connections. Prospective purchasers must make their own enquiries to verify the availability and suitability of services to the property.
OUTGOINGS
The property is registered for commercial rates as a bank and premises with a Rateable Value £31,750 from 1 April 2026. Prospective purchasers must make their own enquiries to verify the actual rates payable with the local authority.
VALUE ADDED TAX
We understand that the property is not elected for VAT. Accordingly, VAT will not be payable on the purchase price.
GUIDE PRICE
The property is available for sale freehold with vacant possession at a guide price of £330,000.
FLEXIBLE PURCHASE & LEASING OPTIONS
Consideration will be given to leasing or subdividing the property into two self-contained units, with the option to acquire or lease individual units subject to agreement. Interested parties are advised to contact the agents to discuss such opportunities further.
ACCOMODATION
GROUND FLOOR
Retail Zone(s) - 192.6sqm
Unclassified Area - 18.0sqm
Mess/Staff Room - 27.0sqm
Office(s) - 31.5sqm
Internal Storage - 12.6sqm
FIRST FLOOR
Office(s) - 75.3sqm
TOTAL - 367.7sqm
Enclosed outdoor area to rear, with pedestrian access to Glanvilles Road.
(Source: VOA Website — areas are approximate)
SELLING AGENTS
Greenslade Taylor Hunt
8 Erme Court, Leonards Road, Ivybridge, Devon, PL21 0SZ
Email: farms.
Tel:
Fore Street, Ivybridge, Devon, PL21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ivybridge Station0.8 miles
About Greenslade Taylor Hunt, Ivybridge
8 Erme Ct Leonards Road, Ivybridge, PL21 0SZIndustry affiliations:
Notes
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Disclaimer - Property reference IVB260067. 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 Greenslade Taylor Hunt, Ivybridge. 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.
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