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To rent
£18,000 pcm£4,154 pw

Chapel Street, Tiverton, EX16 6DF

Studio
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Listed 28 Sept 2026 · Tiverton

How the price compares

This home£18,000 pcm
Median studio in Tiverton£18,000 pcm2 homes listed
Difference0%in line with the area

Key features

  • FOR SALE OR TO LET
  • Workshop / Commercial Unit
  • Lease-to-Purchase Opportunity
  • Substantial unit of approx 2300 sq.ft
  • 6000 sq.ft yard for parking and sales
  • Redevelopment potential
  • Just off the town centre

About this home

A rare opportunity to acquire or rent a substantial commercial unit with a long and successful history as a vehicle repair workshop and MOT testing station. Following the owner's retirement, the property is now available, presenting an excellent opportunity for business operators and investors alike.

A rare opportunity to acquire or rent a substantial commercial unit with a long and successful history as a vehicle repair workshop and MOT testing station. Following the owner's retirement, the property is now available, presenting an excellent opportunity for business operators and investors alike.

Occupying a convenient position close to Tiverton town centre, the property provides approximately 2,300 sq ft of workshop accommodation together with office and welfare facilities, and a generous yard extending to approximately 6,000 sq ft, offering ample space for parking, storage, vehicle display, or a variety of commercial uses. The property has a well-established trading history, having operated as a successful MOT testing station and vehicle repair workshop for many years.

The property is available for sale or to let, providing flexibility to suit a range of occupiers and investment requirements.

A particularly attractive feature is the vendor's willingness to consider a lease-to-purchase arrangement. This flexible approach may allow an incoming occupier to secure the premises immediately whilst working towards ownership, with a proportion of rental payments potentially being credited against the agreed purchase price. The purchase price and terms would be negotiated and agreed at the outset, providing clarity and certainty for both parties. Interested parties are encouraged to contact the office to discuss the available options in greater detail.

A further benefit is the absence of restrictive operating hours, allowing occupiers the flexibility to work later into the evening if required. Historically, the business chose to operate more limited hours out of consideration for neighbouring residents rather than because of any formal restriction.

The property's established trading history, generous external space, operational flexibility, and range of acquisition options combine to create a unique opportunity that is rarely available in the local market.

For further information, to arrange a viewing, or to discuss the sale, letting or lease-to-purchase options, please contact the office.

Services: Mains electricity, water, and drainage.

Business Rates: Rateable Value £16,750 (This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.) Estimated Rates Payable: Approximately £7,236 per annum (subject to any reliefs available and confirmation by the local authority).

Property details

Property type
Ask agent
Tenancy
Long term
Parking
Yes
Garden
Yes

Floorplan

Floorplan.jpg

Location

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  • Tiverton Parkway Station5.2 mi

What nearby homes sold for

Median sold prices in EX16 over the last 12 months: terraced £215k · detached £415k · semi-detached £260k · flat £140k.

AddressTypeSoldPrice
52 Chapel Street
Tiverton EX16 6BT
Terraced
Freehold
25 Aug 2026£180,000
3 Chapel Street
Tiverton EX16 6BT
Terraced
Freehold
17 Jul 2026£195,000
196 Chapel Street
Tiverton EX16 6EG
Terraced
Freehold
16 Mar 2026£224,000
173 Chapel Street
Tiverton EX16 6EG
Terraced
Freehold
9 Jan 2026£170,000
150 Chapel Street
Tiverton EX16 6DE
Semi-detached
Freehold
14 Nov 2025£172,500
Elmore United Reformed Church, Chapel Street
Tiverton EX16 6BT
Other
Freehold
31 Oct 2025£45,000
107 Chapel Street
Tiverton EX16 6BU
Terraced
Freehold
3 Oct 2025£125,000
119 Chapel Street
Tiverton EX16 6BZ
Terraced
Freehold
15 Aug 2025£190,000
135 Chapel Street
Tiverton EX16 6BZ
Terraced
Freehold
4 Jun 2025£120,000
97 Chapel Street
Tiverton EX16 6BU
Terraced
Freehold
20 Mar 2025£184,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in EX16

Renting costs

Typical income needed£540,000a year, at 30 times the monthly rent
Holding deposit cap£4,154one week's rent
Tenancy deposit cap£24,923six weeks' rent

Caps follow the Tenant Fees Act 2019 (England). Referencing rules vary by agent; Scotland and Wales have their own rules.

Listed by Seddons, Tiverton on Rightmove (original listing). First listed 28 Sept 2026; details checked 7 Nov 2026. Latest change: added on 28/09/2026.

As well as paying the rent, you may also be required to make the following permitted payments. Permitted payments For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: Holding deposits (a maximum of 1 week's rent); Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above); Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if higher, any reasonable costs); Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; Council tax (payable to the billing authority); Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate); Reasonable costs for replacement of lost keys or other security devices; Contractual damages in the event of the tenant's default of a tenancy agreement; and Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time. For properties in Wales, the Renting Homes (Fees etc.) (Wales) Act 2019 means that in addition to rent, lettings agents can only charge tenants the following permitted payments Holding deposits (a maximum of 1 week's rent); Security deposits; Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; Council tax (payable to the billing authority); Payments for the late payment of rent (where required under the tenancy agreement); A breach of a term of the contract (where required under the tenancy agreement); and Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Act and regulations applicable at the relevant time. Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of: the redress scheme they are a member of; and the name of the approved or designated Client Money Protection scheme they are a member of (if any). Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.

Agent disclaimer

Disclaimer - Property reference 34961251. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Seddons, Tiverton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.