The landscape of Teignmouth is constantly changing, as the economy and aftermath of the pandemic affect business.
This turnover means that there is more commercial real estate available than you might think - so now might be the time to take a leap and establish your business empire.
We’ve rounded up our top picks of business premises for sale in Teignmouth that could be perfect for an entrepreneur.
Teign Hardware - £10,000 (Leasehold)

Teign Hardware is a hardware, homeware and DIY store on Brunswick Street, extending across two floors and situated on a corner. The shop is part of the Home Hardware group, and the buyer would not only be buying the premises but would be able to purchase the branch itself (the price including stock would be £50,000). As well as the main shop floor, the property comes with a staff cloakroom and an outdoor display forecourt.
Regency Tea Room and Delicatessen - £43,500 (Leasehold)

This seafront cafe on French Street usefully holds an alcohol licence, giving the new owner some flexibility. It is made up of a dining area which can seat 30, a servery counter, two kitchens, a cloakroom, and an area on the esplanade for outdoor seating. The business currently has forecast annual gross sales of £115,000.
The Owl and the Pussycat Restaurant - £150,000 (Leasehold)

The Owl and the Pussycat is on the ground floor of a Grade II listed building on Teign Street. The main restaurant area features a fireplace, a glazed bay window, a corner bar servery and a focal archway. There is also a secondary restaurant area in the same style, and an outside courtyard with further seating, while other amenities include a kitchen, a pot wash area, a walk-in cupboard with two fridges, and men’s and women’s cloakrooms.
Alternatively, the entire house is available freehold for £695,000, including two apartments on the upper floors as well as the restaurant.
12 The Triangle - £400,000 (Freehold)

This mixed-use Georgian property at Triangle Park is set across four floors and offers accommodation as well as retail space. On the ground floor is a retail area, two store rooms, a kitchen and a WC, while the first floor contains four offices, a WC and a small tea-making area. The second and third floors provide accommodation, comprising five bedrooms, a sitting room, a kitchen/dining room and a bathroom.
Southerly - £585,000 (Freehold)

This property at Northumberland Place is made up of several letting apartments,and is set between the river beach and the seafront. The apartments are self-catering and provide an investment opportunity for the buyer. There is a communal hallway leading to the four apartments, which each contain an open plan lounge, dining room and kitchen, one bedroom and a shower room. Upstairs there is a further duplex apartment with two bedrooms, while on the ground floor is the owner’s accommodation, made up of a lounge, a kitchen/dining room, a bathroom and a bedroom.