Auction Lot: North Devon Commercial Depot occupying approximately 0.409 acres, Devon
Property Features
- Business Types: Auctions, Garage, Industrial Unit/Site, Investment, Land & Development, Light Industrial
- Our Ref: CD-90342
- To be Sold by Public Auction 27/8/26
- Freehold commercial depot occupying a site of approximately 0.409 acres
- 4 x separate buildings GIA approximately 3,931 sq ft
- Workshops, stores, office, kitchen & ancillary accommodation
- Large concrete yard with parking, loading & turning space
- Secure gated site with a wide frontage on Station Road
- One unit producing unit at £6,780pa holding over
- EPC Exempt
Summary
Property Summary
The property is offered vacant with the exception of the left-hand unit, which is let on a monthly rolling basis at £565 per calendar month. This gives a purchaser immediate income alongside the opportunity to occupy, re-let or redevelop the balance of the site, subject to the necessary consents.
Depot and yard premises of this size rarely come to the open market in northern Devon. The property will suit owner occupiers in the motor, construction and storage trades, as well as investors looking for a low capital value asset with reversionary potential.
link to auction https://www.btgeddisonspropertyauctions.com/properties/202607211014sq_kwai-270826/for-auction-south-molton
A freehold commercial depot on the eastern edge of South Molton, extending to approximately 0.409 acres. The site comprises four buildings of workshop and industrial character together with a substantial concrete yard, all held behind gates with a wide frontage to Station Road.
The property is offered vacant with the exception of the left-hand unit, which is let on a monthly rolling basis at £565 per calendar month. This gives a purchaser immediate income alongside the opportunity to occupy, re-let or redevelop the balance of the site, subject to the necessary consents.
Depot and yard premises of this size rarely come to the open market in northern Devon. The property will suit owner occupiers in the motor, construction and storage trades, as well as investors looking for a low capital value asset with reversionary potential.
Description
Full Details
A freehold commercial depot on the eastern edge of South Molton, extending to approximately 0.409 acres. The site comprises four buildings of workshop and industrial character together with a substantial concrete yard, all held behind gates with a wide frontage to Station Road.
The property is offered vacant with the exception of the left-hand unit, which is let on a monthly rolling basis at £565 per calendar month. This gives a purchaser immediate income alongside the opportunity to occupy, re-let or redevelop the balance of the site, subject to the necessary consents.
Depot and yard premises of this size rarely come to the open market in northern Devon. The property will suit owner occupiers in the motor, construction and storage trades, as well as investors looking for a low capital value asset with reversionary potential.
link to auction https://www.btgeddisonspropertyauctions.com/properties/202607211014sq_kwai-270826/for-auction-south-molton
The Property
South Molton is a market town in northern Devon with a resident population of around 5,000 and a wide rural catchment. The town lies on the A361 North Devon Link Road, roughly midway between Barnstaple and Junction 27 of the M5 at Tiverton, and is served by a good range of shops, schools and services centred on the historic pannier market.
Station Road runs south from the town centre on the line of the former railway and is an established commercial and trade location. Neighbouring occupiers include a garage, a vehicle valeting business and the local household waste recycling centre. The River Mole forms the eastern boundary of the site.
The property itself is arranged as a series of detached and linked single-storey buildings of steel and timber frame construction, under a mix of pitched and curved corrugated roofs, with rendered, blockwork and profile clad elevations. The buildings sit around an extensive area of concrete hardstanding which provides the working yard and parking for the site.
The buildings are of an age and condition consistent with long-standing industrial use. Interested parties should satisfy themselves as to the state of repair, and are advised to inspect and to take their own professional advice before bidding.
Internal Details
Front Left Workshop Block - Two connected workshop areas - 1,466 sq ft
Middle Workshop Block - Two connected workshop areas - 646 sq ft
Right Workshop - Single open workshop - 516 sq ft
Outbuilding Range - Workshops, store, office, kitchen - 1,303 sq ft
Total Gross Internal Area - 3,931sq ft
The three workshop buildings are open plan in character, with roller shutter and personnel access from the yard, concrete floors and a mix of natural and artificial lighting. The outbuilding range to the eastern side of the site provides a further two workshop areas together with a rear store room, and includes the office, kitchen and small conservatory which serve the site.
The left-hand unit, which is currently let, forms part of this range.
A full virtual tour of the property is available at www.madesnappy.co.uk/tour/1g1528g30dc3. We recommend that all interested parties view the tour before arranging an inspection.
External Details
The site extends to approximately 0.409 acres and is broadly rectangular, falling away gently from Station Road to the River Mole on its eastern boundary.
The whole of the working area is laid to concrete hardstanding, providing generous parking, loading and turning space around the buildings. Access is taken from Station Road through two gated entrances, giving good circulation for vans, trailers and light commercial vehicles. A covered canopy area adjoins the middle workshop and provides sheltered external storage.
The Station Road frontage is enclosed by fixed permanent Harris fencing with gated access. The remaining boundaries are formed by a mix of fencing, retaining walls and mature tree planting, the trees standing to the rear of the site along the River Mole.
Watch the aerial flyover video here: https://youtu.be/Hr9M33SBZ6g
Services
The only mains service connected to the site is electricity. We are advised that one or two of the units have a three-phase supply.
There is no mains water. Water is drawn from the River Mole by way of a pump, associated pipework and a filtration unit. We are advised that the property has the benefit of rights to do so. The pump, pipework and filtration equipment are not in working order and require servicing.
There is no mains drainage. We are advised that foul drainage is to a septic tank.No testing or inspection of any service, installation or item of apparatus has been carried out. Prospective purchasers must make their own enquiries as to the presence, capacity, condition, cost of reinstatement and legal status of all services, including the abstraction rights relating to the river supply and the compliance of the private drainage arrangements with current regulations. Purchasers should satisfy themselves on these points, and take their own professional advice, before bidding.
Viewing
No direct approach may be made to the property, for an appointment to view please contact the agent.
A full virtual tour of the property is available at www.madesnappy.co.uk/tour/1g1528g30dc3. We recommend that all interested parties view the tour before arranging an inspection.
Tenure
Freehold, held under title number DN296025 and sold subject to the existing monthly tenancy of the left-hand unit.
Recently Sold Description
Sold for 30% above the reserve price, amid stiff competition from a range of local businesses and investors.
Auction Information
The property is to be sold by live-streamed public auction on Thursday 27 August 2026.
The legal pack, the auction conditions and the addendum will be available online in advance of the sale. All bidders must register and complete identification checks before the auction. Prospective purchasers are strongly advised to read the legal pack in full and to take independent legal advice before bidding.
For further information and to register for the legal pack, please visit: https://www.btgeddisonspropertyauctions.com
Guide Price £150,000 to £160,000.
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