RETAIL

KEY:  
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

 

 

NEWPORT

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NEW INSTRUCTION

A compact commercial unit between St Thomas Square and South Street, close to Subway and Pizza Express, and suitable for a variety of occupiers, subject to any necessary consents. The unit offers some 220ft² (20.44m²) and is available now on a new lease.

 

EPC – ‘D’

 

Rental Guide - £6,000 p.a.x. (VAT may apply)

 

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Situated close to the Apollo Theatre, Dower House Surgery and Harrison Black Accountants in an area of mixed residential and commercial use, this two-storey commercial premises is available with early vacant possession on a new lease.

 

The premises provides some 345ft² (32.05m²) at ground floor, with a spacious first floor studio area of some 545ft² (50.63m²), all suitable for various uses, subject to any necessary consents.


EPC - Exempt

 

Rental Guide - £7,950 p.a.x.

 

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A prime-located retail premises, potentially suitable for other uses, subject to any necessary consents, and exceptionally well-situated within the Town Centre, with a wide character frontage to the main High Street.

 

The premises offers approaching 2,000ft² (182m²) of sales (VOA figures) backed by staff and a small amount of ancillary space. The shop is of irregular shape and should be viewed to be fully appreciated.

 

EPC – Exempt

 

Rental Guide – On Application.

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An exceptional Grade II Listed property, currently configured as treatment rooms and offices but with the potential for a number of uses, subject to any necessary consents.

 

Now available to purchase, and situated just north of the main Town Centre in an area of mixed residential and commercial use, the property offers a good deal of character and charm over its three floors. It also benefits from a delightful central courtyard-style garden. Early inspection is strongly advised.

 

EPC - TBC

 

Price Guide - £285,000 Freehold.

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Available only due to the existing tenant’s relocation in Spring 2020 is this retail warehouse (bulky goods), offering some 3,200ft² (297.3m²) GIA within the popular Riverbank location, close to the Town Centre and Riverway Trading Estate. Riverbank presents an attractive modern façade and could suite a range of occupiers, subject to any necessary consents.

 

The unit enjoys excellent eaves height, new doors and windows and external refurbishment, and will be available on a new lease.

 

EPC - 'B'

 

Rental Guide – £28,750 p.a.x. + VAT

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Attractive Town Centre shop to buy or rent, to provide some 655ft² (60.85m²) in a popular mixed trading location just off the main High Street of Newport, and suitable for a variety of occupiers subject to any necessary consents.

 

If purchased, the property can be available with or without the existing tenancy arrangements in situ. Alternatively, we further understand that vacant possession is available.

 

N/B: Our clients also own the flat above the shop, which has recently been refurbished and offers spacious 2-bedroom self-contained accommodation over two floors and may be available to purchase with the shop subject to negotiations. Please ask for details.

 

EPC – ‘C’

 

Price/Rental Guides:

Shop Only - £82,950

Whole Building - £210,000 (Passing Rental for the Whole Building - £14,580 pa)

Rental Guide (Shop Only) - £7,950p.a.x.

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Ground floor level studio accommodation of some 580ft² (53.9m²) GIA, enjoying a good level of privacy, yet within the Town Centre of Newport.

 

Available on a new lease to include building’s insurance, power, water and central heating.

 

The property could suit subdivision by a new tenant into up to three rooms, if required.

 

EPC – ‘C’

 

Rental Guide – £8,750 p.a.x.

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A spacious commercial premises providing some 1,020ft² (104.06m²) net sales, plus rear office and up to 4 on-site car spaces.

 

The property is in a prominent location within the Island’s main Town Centre, and is available on a new lease from January 2020 as the existing tenant has given notice to end their lease due to relocation.

 

Ideal for a variety of occupiers, subject to any necessary consents, and currently used as a hair and beauty salon.

 

EPC – ‘E’

 

Rental Guide - £14,500 p.a.x.

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An extensive corner property, available now on a new lease to suit a variety of occupiers, subject to any necessary consents. Situated in the heart of Newport Town Centre, and providing ground floor sales totalling some 972ft² (90.30m²), supplemented by ground floor ancillary of some 22ft² (2.04m²).

 

There is also potentially available – subject to terms – some further ancillary space on the first floor, currently subdivided into seven rooms including a former bathroom/WC, to provide overall some 1,026ft² (95.30m²).

 

EPC - TBC

 

Rental Guide  - £30,000 p.a.x.

 

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Available for sale only due to our clients’ relocation plans is this prime-located and extensive detached commercial premises in the heart of, and overlooking the main thoroughfare within, one of the Island’s most popular trading and industrial estates.

 

Suitable for a variety of occupiers and also benefitting from investment income, the premises provides at ground floor about 8,200ft² (762m²) GIA, currently subdivided as the main trade area, ancillary storage and loading, adjacent workshops, offices and stores, plus G/F welfare facilities. Additional first floor administration offices provide about 1,250ft² (125.14m²).

 

The main original first floor offices are currently let to the Isle of Wight NHS Trust to provide an investment income of some £21,000 p.a.x. and extend to about 3,000ft² (278.7m²) plus ground floor lobby and office.


The site benefits from a prominent location and ample on-site parking, and could suit a wide variety of occupiers, subject to any necessary consents.

 

EPCs - TBC

 

Price Guide - £875,000 Freehold (VAT status TBC)

 

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Office/retail unit in a prime location within the main High Street, offered for sale (or possibly to let) with the upper parts, due to the existing occupier’s impending relocation plans.

 

Offering about 450ft² (41.8m²) potential net sales, currently partly subdivided, with three first floor rooms above totalling some 373ft² (34.7m²) and a further second floor of about 147ft² (13.7m²).

 

EPC – ‘D’

 

Price Guide - O.I.E.O. £125,000 (Freehold) / Rental Guide - On Application

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Extensive former motor dealership and used car sales premises, now available leasehold due to the existing tenant’s recent relocation, to provide upwards of some 9,500ft² (882m²) GIA, currently configured as a modern showroom and adjacent reception, vehicle workshop, parts store, sales and administration offices, and valeting bay, coupled with extensive vehicle forecourt and external display areas. Additional parking and external storage. All on a large site, just to the south of the Island’s main Town Centre.

 

Clearly suitable for ongoing motor trade use, but other alternative uses may be considered, subject to any necessary consents. Early inspection is advised to fully appreciate the extent of the accommodation offered.

 

EPC – ‘D’

 

Passing Rental - £63,000 p.a.x.

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Available now on a new lease and benefitting from the existing A3 (Hot Food) planning consent, if required, this unusual corner property occupies a prominent location within the Town Centre and could suit alternative uses, subject to any necessary consents.

 

This unit has recently undergone extensive refurbishment both inside and out, and can be rented alone or with the adjoining unit, by negotiation.

 

Available on a new lease to provide accommodation over the three floors, each of approaching 500ft² overall.

 

EPC – ‘D’

 

Rental Guide - £17,500 p.a.x. + VAT

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Eight secure car parking spaces (six still available), available singly or in combination, adjacent to the recently extensively refurbished Riverbank Estate, in turn an integral part of Riverway and within easy reach of the main Town Centre.

 

EPC – N/A 

 

Available leasehold at £500 p.a.x. + VAT per space.

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A well-placed commercial unit over 2/3 floors, within the Island’s main High Street, and suitable for a variety of occupiers, subject to any necessary consents. Potentially offering some 734ft² (68.19m²) net sales, with a return frontage to St Thomas’ Square and a small G/F stock room. The first floor provides a further 820ft² (76.19m²) NIA, with second floor above if required, but not currently accessible.


The property is available on a new lease, with early vacant possession subject to legal completion.

 

N/B: Interested applicants are asked to note that the adjoining corner property, with a current A3 food use, is also potentially available to lease if required – please ask for details.

 

EPC – ‘D’

 

Rental Guide - £21,500 p.a.x. + VAT

 

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An attractive commercial unit, well-situated in the Island’s main High Street and available now on a new lease and suitable for a variety of occupiers, subject to any necessary consents.

 

Providing some 340ft² (31.6m²) sales area, backed by further offices/former consulting rooms, kitchenette, storage and WC, with the total additional ancillary space offering some 442ft² (41.1m²).

 

N/B: Providing the occupier also qualifies, this property will qualify for complete small business rates relief.

 

EPC – 'E'

 

Rental Guide - £10,000 p.a.x.

N/B: Flexible rent and lease terms available, and this property does qualify for complete small business rates relief, providing the tenant also qualifies.

 

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Prime located retail premises with some 365ft² (33.9m²) sales plus first floor ancillary of some 230ft² (21.37m²). Available now on a new lease and suitable for a variety of occupiers, subject to any necessary consents.

 

Offering manageable, modernised accommodation and with near neighbours to include B&M, The Card Shop, Specsavers, WH Smith and Wright Estate Agency.

 

EPC - TBC

 

Rental Guide - £10,000 p.a.x. 

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An extensive ground floor commercial premises providing some 2,300ft² (213.68m²) on two levels. suitable for a variety of occupiers, subject to any necessary consents.

 

Located virtually opposite County Hall and close to the British Heart Foundation retail outlet, The Hog’s Head and The Slug & Lettuce, amongst other commercial occupiers, and available now on a new lease.

 

EPC – Exempt

 

Rental Guide - £12,000 p.a.x.

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An extensive premises providing some 5,403ft² (502m²) located in the heart of Dodnor Estate, in an area noted for a wide mix of commercial users. The property is for sale freehold and, as such, is a rarity and could suit a wide variety of occupiers, subject to any necessary consents.

 

Most recently trading as a retail showroom, trade counter and former motorcycle workshops, all with offices over and ample on-site parking. Available for sale due to our client’s retirement plans.

 

EPC – ‘C’

 

Price Guide - £300,000 + VAT

 

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A spacious lock-up shop unit in the Island's main town centre, available to lease or possibly to purchase.

Occupying a prominent location towards the western edge of the main town in an area noted for mixed commercial usage, this unit could suit a variety of occupiers subject to any necessary consents (not hot food).  The shop offers in the order of 700ft² (65m²) sales, plus storeroom, lobby and WC facility.

EPC - 'C'

RENTAL GUIDE - £8,750 p.a.x. (VAT will apply)
PRICE GUIDE  - On Application.

 

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 * DISCREET MARKETING *

 

Prime located retail unit of some 1,640ft² (152.36m²) sales with upper floor ancillary space within this the Island's main town centre.

Prominent High Street location close to a number of national outlets and suitable for a variety of occupiers subject to any necessary consents.  New lease available. Alternatively, the property is also available for sale.

RENTAL GUIDE - £32,500 p.a.x.
PRICE GUIDE - £350,000

 EPC - 'D'

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Freehold opportunity for sale in the Island’s main Town Centre and suitable for a variety of occupiers, subject to any necessary consents. The property comprises the commercial element over two levels of some 700ft² (65m²) incorporating rear ancillary space comprising a modern fitted kitchen area and WC facility.


The first floor incorporates a front office of 150ft² (13.9m²) plus landing and spacious WC facility (former shower room). The top floor comprises two rooms of some 280ft² (26m²) NIA. Early interest is encouraged.

 

EPC – ‘D’


Price Guide - £150,000


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RYDE

 
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UNDER OFFER

A new lease is now available on this double-fronted, well-presented premises, most recently used under A2 Financial and Professional offices. However, no doubt any appropriate Town Centre use can be considered, subject to any necessary consents.

 

Offering approaching 350ft² at ground floor level, backed by a lower ground floor providing welfare facilities, a kitchenette, storeroom and office, with pedestrian access back to Union Road. Early inspection is advised.

 

EPC – TBC

 

Rental Guide - £7,000 p.a.x.

 
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A prime-located commercial unit, previously used as A2 Financial & Professional Offices but suitable for automatic reversion to A1 Retail, and other Town Centre uses can be considered, subject to any necessary consents.


The premises provides some 1,657ft² (153.9m²) GIA, incorporating a retail area of about 1,530ft² (142.1m²) currently subdivided with internal offices to suit the previous occupier.


The premises occupies a prime trading location within the level part of the precinct and is available on a new lease with early vacant possession, or for sale as a whole with the upper floors. The upper floors comprise basic rooms, which we understand could have development potential, although please note these have not been inspected at present.

 

EPC - TBC

 

Rental Guide - £17,500 p.a.x. (VAT May Apply)

Price Guide - £200,000 for the whole

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Ground floor office/retail unit available leasehold in this popular area of the town, with a wide variety of local businesses nearby. Available by way of the existing lease due to the tenant’s impending relocation in the area.


The premises offers some 445ft² overall, incorporating a rear ‘manager’s office’ and could suit alternative office or retail uses, subject to any necessary consents. New lease terms may be available by negotiation.

 

EPC – ‘D’

 

Passing Rental - £7,500 p.a.x. 

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Available on a new lease from Autumn 2019, due to the existing tenant’s relocation, is this prime-located retail unit in the heart of the precinct and suitable for a variety of occupiers, subject to any necessary consents.

 

Offering some 995ft² GIA, currently partly-subdivided as retail, storage and staff/office facilities, backed by a small yard and external covered storage area, all with a good display frontage to the main High Street.

 

EPC - TBC

 

Rental Guide – £16,950 p.a.x.

 
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Occupying an absolute prime location within the main pedestrianised precinct, with a return frontage if required to the Town Square, and with near neighbours to include WH Smith, Boots, Bet Fred, Costa Coffee and a number of local retail and other outlets.

 

The premises could suit a variety of occupiers, subject to any necessary consents, and provides some 995ft² (92.43m²) overall, with the front of shop only currently fitted for retail. New lease available, with terms by negotiation.

 

EPC - TBC

 

Rental Guide - £16,500 p.a.x.

 

 
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Occupying a prominent location at the lower end of the popular Union Street and built over four floors, this potentially is a very elegant Grade II Listed property. However, it will benefit now from considerable internal works and improvements, so is undoubtedly an interesting ‘project’ for the right person, be it an owner-occupier or investor/developer.

 

Offered for sale with vacant possession and on a freehold basis to comprise basement, ground floor former takeaway/café and two floors above, with potential for a wide variety of occupiers, subject to any necessary consents.

 

EPC - N/A

 

Price Guide - £180,000

 
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Available now on a new lease and occupying an absolute prime location within the level section of Ryde’s pedestrianised precinct, with near neighbours including M&Co, Peacocks, Santander and numerous other local and national ‘names’. The premises is constructed over four floors, offering extensive ground floor retail accommodation with first floor retail above and offices/storage on the top floor. Basic basement storage with rear access.

 

Consideration will be given, subject to any necessary consents, to uses other than retail, e.g. coffee house or restaurant. Total ground floor area is some 2,310ft² (214.6m²). First floor offers some 1,280ft² (119.2m²) with similar floor area at second floor.

 

EPC – ‘D’

 

Rental Guide - £42,500 p.a.x.

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Occupying a favoured Union Street location, this exceptionally spacious retail unit could suit a wide variety of occupiers, subject to any necessary consents.

 

Offering overall some 1,450ft² (134.15m²) including a rear storage facility and available now on a new lease.


The premises includes a modern suspended ceiling, a ceiling-mounted air con/heating unit, slat boarding and CCTV system. The existing tenancy is expiring due to family commitments, with the occupying business to continue as internet-based.

 

EPC - TBC

 

Rental Guide - £12,500 p.a.x.

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COWES

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NEW INSTRUCTION

A well-placed lock-up shop providing some 400ft² (37.2m²) net sales. Available shortly on a new lease, due to the existing tenant’s impeding relocation, and potentially suitable for a variety of occupiers, subject to any necessary consents.

Situated in the popular northern section of the pedestrianised precinct, amongst a variety of local businesses and within easy reach of the Esplanade

 

EPC – TBC’

 

Rental Guide - £7,950 p.a.x.

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Spacious retail/office unit, available now on a new lease, situated between the main Town Centre and the popular Esplanade.

 

Providing about 635ft² (59m²) net sales, the unit benefits from a recessed frontage, with display window and single entry door, and to the side there is a hallway/small store leading to a single WC facility with wash hand basin.

 

EPC – ‘C’

 

Rental Guide - £11,500 p.a.x.

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BRIGHSTONE

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UNDER OFFER

A rare opportunity to acquire a new lease on this village centre commercial unit of character and charm, which could suit a variety of occupiers, subject to any necessary consents.


The current business has traded in situ for many years; however, due to the expiry of the existing lease at the end of March 2020, a new arrangement is on offer.

 

Centrally situated within the pretty village of Brighstone with its many local facilities and with year-round trade boosted by tourism.

 

EPC - Exempt

 

Rental Guide - £11,000 p.a.x. (Internal Repairing Lease)

 

  
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SHANKLIN

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A well-presented 50/60 cover restaurant in a popular location, offered now on a new lease (not as a going concern) to include extensive fixtures, fittings and equipment, available only due to our client’s future plans.


To date, the restaurant has enjoyed a good reputation, trading year-round and benefiting from a considerable seasonal boost from visitors to the Island.

 

Rental Guide - £15,000 p.a.x. to include the inventory.

 
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SANDOWN

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A ground floor corner premises, originally three units and now conjoined - available on a new lease within this popular resort town to suit a variety of occupiers, subject to any necessary consents.

 

Providing a total of some 825ft² (76.6m²) of accommodation, with the benefit of early vacant possession if required. This unit also benefits, subject to tenant qualification, from complete small business rates relief.

 

EPC - TBC

 

Rental Guide - £6,000 p.a.x.

 
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FRESHWATER

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Well-located overlooking the main thoroughfare into this popular West Wight town centre is this detached freehold property, of interest to investors or possibly owner-occupiers.

 

As an investment, the property offers a potential yield of some 7.81% gross, and has been well-maintained throughout to provide for a ground floor commercial premises with a delightful two-bedroom self-contained flat over.


The property is to be sold subject to any existing tenancies in situ, and should be viewed to be fully appreciated.

 

EPCs: Shop - ‘D’, Flat – ‘C’

 

Price Guide - £185,000 Freehold

 
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Scotcher & Co Commercial Properties - Isle of Wight