Eggesford Station Yard, Eggesford Close , Eggesford, Chulmleigh, Devon, EX18 7JZ

Mixed use investment opportunity

Four longstanding commercial tenants, one vacant unit

Opportunities to enhance income

Guide price: £580,000

Current rent £32,725 p.a. with substantial reversionary uplift

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 a passing point on the line, has potential for further development.

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.
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.
Unit 5: Steel portal frame workshop building with profile metal cladding and two roller-shutter doors.
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


VAT is not chargeable to the purchase price.

Both parties to bear their own legal costs in the transaction.

EPC for the property are as follow.

Unit 3 B
Unit 4b C
Unit 5 D

Please contact the agent for further details.

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.

Aggregate passing rent therefore £32,725 p.a. exclusive.