East Street, South Molton

Retail Property (High Street) for rent in Devon

The property is located within the main commercial stretch of East Street in South Molton town centre. It comprises a ground floor retail/office premises suitable for a variety of trades, subject to any necessary planning consents and landlord’s approval.

The shop extends to approximately 173 sq ft (16’4” x 10’7”) and includes a sales area, small store and WC, with mains water connected.

The property is situated within an established commercial area, with a mix of retail, office, restaurant and mixed-use premises nearby.

The asking rent is £380 per calendar month.

VIEWING

Strictly by appointment through the selling agents.

RATEABLE VALUE

£2,475 UBR As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above.

The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website.

Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.

LEGAL ADVICE

We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING

It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.

LEASE TERMS

The current landlord is open to discussions regarding lease lengths, with six-monthly break clauses offered.

VAT

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

Property Ref: SOU260070