INVESTMENTS/DEVELOPMENT SITES
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| p.a.x |
- per annum exclusive (rental only, utilities and rates are extra) |
| p.w.x |
- per week exclusive (rental only, utilities and rates are extra) |
| s.a.v |
- stock at valuation |
| o.i.r.o |
- offers in the region of |
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 NEW INSTRUCTION |
COWES - Freehold bar and entertainment venue situated in the Town Centre of this world famous yachting mecca with global maritime associations and related business activities. The bar overall is of some 1,160ft² (107.8m²) with an additional hall some 39'6" (12.0m) x 23'7" (7.2m). The premises is being offered for sale as a going concern.
PRICE - £275,000 plus s.a.v. |
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 NEW INSTRUCTION
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RYDE - Former garage site available to purchase or to lease and by sub-division if required to provide units upwards of 1,110ft² (103m²) with potential for re-development and alternative uses subject to obtaining any necessary consents. This disposal offers a good deal of flexibility to interested applicants.
PRICE / RENTAL GUIDES - on application |
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 NEW INSTRUCTION
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EAST COWES - Lock up retail unit for sale as an investment and subject to the existing tenancy in situ available on the basis of a new groundlease arrangement. The premises provides some 400ft² (37.1m²) of retail space backed by a further 311ft² (28.9m²) storage area at the rear incorporating a w.c. facility. The current tenancy is for a period of 3 years from March 2008, further details available on application.
PRICE - O.I.R.O. £65,000 |
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NEWPORT - Freehold Town Centre premises currently comprising a retail unit providing 600ft² (55.7m²) with 170ft² (15.8m²) at first floor and a further 280ft² (26m²) at second floor suitable for a variety of uses subject to any necessary consents.
PRICE - O.I.R.O. £250,000 |
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 UNDER OFFER |
NEWPORT - Attractive Town Centre property for sale ideal for retail, office or other uses subject to obtaining any necessary consents. A planning application is being made for conversion works to separate the 2 bedroom first and second floor flat and to 'open up' the ground floor to create a larger retail space.
PRICE - O.I.R.O. £135,000 |
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NEWPORT - Car parking comprising two areas each of 6 designated tarmac hard surfaced spaces either side of the access road between Dodnor Park and Daish Way.
PRICE - O.I.R.O. £35,000 for the whole. |
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NEWPORT - Freehold commercial investment for sale within the main High Street providing an income of £21,000 p.a.x. from the shop, which is let to Amplifon Ltd. for a term of 10 years, coupled with two ground rents in respect of the flats above. Amplifon UK has 143 branched throughout the United Kingdom and is part of Amplifon the world's largest hearing aid dispensing group established in Milan, Italy in 1950 with over 5,600 branches across Europe.
PRICE GUIDE - Offers in excess of £335,000 |
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SHANKLIN - 14 Bedroom hotel premises with the benefit of a current pub licence in a prominent location close to Shanklin Station and ideal for existing or possibly alternative uses including potential redevelopment as holiday flats subject to any necessary consents. If required, an extensive range of equipment, fixtures and fittings can be purchased by separate negotiation.
PRICE - O.I.R.O. £350,000 for the premises only |
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NEWPORT - Grade II Listed residential investment for sale comprising two spacious apartments (currently let) to provide an income of £1,145 p.c.m.
PRICE - O.I.R.O. £250,000 |
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RYDE - Potential re-development site close to Ryde Town Centre currently comprising a retail unit with basic storage and rear yard/car parking for sale overlooking one of the main thoroughfares. We understand our client has discussed the prospect of a pair of semi detached houses with the local planning office and an application will be lodged soon. The site may also suit alternative uses or developments subject to obtaining any necessary consents.
PRICE - O.I.R.O. £200,000 |
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FRESHWATER - Commercial investment for sale compriding a retail unit in the popular West Wight Town. Understood to be freehold and sold subject to an existing tenancy in situ for a 3 year term from 16th June 2008 at a passing rent of £5,500 p.a.x.
PRICE - O.I.R.O. £65,000 |
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NEWPORT - Extensive grade II listed corner property with considerable character requiring modernisation and refurbishment to the ancillary accommodation for sale. Situated in a surprisingly busy location just to the north of the main Town Centre overlooking the junction of Crocker Street and Holyrood Street the property is offered on the open market for the first tie in a number of decades due to our client's retirement plans.
PRICE - O.I.R.O. £250,000 |
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NEWPORT - Unique opportunity to purchase this former dutch barge now appointed as self-catering/bed & breakfast accommodation which could also be of interest to owner occupiers. Rijnstroom IV is currently moored alongside the visitors pontoon in the popular Island Harbour Marina which in turn occupies a prime location on the River Medina attracting both the sailing fraternity as well as business from the waterside homes nearby. Having been renovated and designed essentially to run as a holiday letting business we understand the boat is equipped to accommodate upto 10 people.
PRICE GUIDE – £185,000 equipped as a going concern |
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FRESHWATER - Development site with existing workshop and garage for sale in the centre of this popular West Wight Town. Whilst the site has planning permission for the demolition of the existing buildings followed by the construction of a two storey building comprising 2 two bedroom flats and 1 one bedroom flat it currently comprises a workshop, garage and small yard large enough for 2 vehicles. Therefore the site may be suitable for a variety of uses subject to obtaining any necessary consents.
PRICE - O.I.R.O. £140,000 |
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NEWPORT - Commercial investment for sale comprising an extensively refurbished ground floor premises, used as retail, situated towards the western end of the main Town Centre and currently let at £6,500 p.a.x.
PRICE GUIDE - £90,000 |
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AVAILABLE
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WROXALL - A detached industrial building of a basic specification and condition with ground and first floor offices to the front of approximately 1,545ft² (143m²) and industrial/warehouse accommodation to the rear of some 3,869ft² (359.5m²). There is additional mezzanine storage of approximately 2,102ft² (195.3m²). The property is available to purchase on we understand a freehold basis and could suit potential redevelopment subject to any necessary planning.
PRICE - O.I.R.O. £225,000 |
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CARISBROOKE & FRESHWATER - Residential investment portfolio for sale either as a whole or individually. Comprising two 2 bedroom houses on long term ASTs we understand at £450 & £475 p.c.m. respectively and a 3 bedroom modern terraced house currently let to the Isle of Wight Council at £837.33 p.c.m.
PRICE - Offers Invited, price guide on application
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 UNDER OFFER |
LAKE - Potential development site with an existing storage building situated towards the centre of Lake approximately mid-way between the two main resort towns of Sandown and Shanklin. Situated on rising ground just above Newport Road and currently comprising garden land and a former vehicle store with concrete drive in and hardstanding to the front. Initial enquiries indicate the potential for re-development to provide three 2 bedroom houses, subject to obtaining any necessary planning consents.
PRICE - O.I.R.O. £180,000 |
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NEWPORT - Spacious character retail unit with ancillary workshop/storage accommodation and extensive living accommodation. Although the majority of the accommodation is currently used for retailing purposes, the premises provides a good deal of flexibility for alternatives which may benefit owner occupiers or investors alike.
PRICE - £325,000 |
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 AVAILABLE |
RYDE - Town Centre residential development site with planning consent for a mixture of 9 houses and flats. The mostly level site currently comprises a storage facility, flat and a number of lock-up garages some of which are let providing an existing income, full details of which are available on application as are example drawings provided by our client's architects.
PRICE - On Application |
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RYDE - A rare opportunity to purchase two adjoining warehouse/production units each of about 3,500ft² (325m²) within this popular and busy business park on the edge of Ryde. The premises are of modern steel portal frame construction with mostly profile elevations. Unit 1 is currently let at a passing rent of £20,000 p.a.x.
PRICE - £575,000 for the pair |
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