Maclins Depot, Unit 2, Station Road, South Molton, Devon EX36 3LJ

EX36 3LJ · Pugh & Co · South West

£150,000guide price
4.5%gross yield
Commercial4.5% gross yield
Maclins Depot, Unit 2, Station Road, South Molton, Devon EX36 3LJ
Photo: Pugh & Co catalogue

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

EPC not confirmed

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low confidence, Auction listing enrichment

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About this lot

Live Stream Auction

A freehold commercial depot on the eastern edge of South Molton, on a plot 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 verbal 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. 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 Accommodation Front Left Workshop Block2 connected workshop areas approx. 1,466 sq.ft. Currently let on a monthly rolling basis at £565 per calendar month (£6,780 per annum)Middle Workshop BlockTwo connected workshop areas approx. 646 sq.ft.Right WorkshopSingle open workshop approx. 516 sq.ft.Outbuilding RangeWorkshops, store, office, kitchen approx. 1,303 sq.ft. Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Aucti…

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Key facts

CommercialUse class
FreeholdTenure
3,931 sq ftFloor area
£7K/yrPassing income
26 August 2026Auction date

Recent sold prices nearby

6 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

12 DU** ST****EX36 3AL£100,000
UN**** GEORGE ARCADE BR*** ST****EX36 3AB£60,000
12 DU** ST****EX36 3AL£107,000

3 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in EX36

Evidence from 37 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+44.6%median uplift
£59,950typical value added
4.9 yearstypical hold period

See 37 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 37 registered sale pairs in EX36 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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