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Tavistock, Devon




Tesco, Tavistock, was acquired for £11.224m at an acquisition yield of 4.25%. Located just 13 miles north of Plymouth, Tavistock is considered to be a sought after and affluent commuter town/suburb of Plymouth. The property comprises a high quality free-standing food-store which extends to 24 976 sqft. This modern purpose-built food-store was fitted out from shell by the tenants to their latest and most recent Tesco specification and branding requirements – modern, new generation store. Tesco are the UK’s leading supermarket retailer by market share. With a CreditSafe rating of 100/100 and for the year end 2021 the company reported a net worth of £5.5b.


Tavistock, Devon

Building use


Size of building

24 976 sqft


Tesco Stores Ltd

Lease expiry date

December 2039 (TOB December 2034)

Acquisition yield

4.25% (running yield circa 4.50% Dec 21)

Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs).


Further holdings

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