Chartered Surveyors and Commercial Property Agents on the Isle of Wight & South Coast

INVESTMENT OPPORTUNITIES

This list is not exhaustive due to the confidential nature of commercial business some instructions will not be openly marketed. Please contact Gully Howard on 01983 822555 to for a discussion as we may be able to meet your requirements from our discreet listings.

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Amusement Arcade, 103 High Street, Cowes

PRN: 208572

AMUSEMENT ARCADE
  • Shop premises with flat over close to the Red Jet Terminal & Cowes Yacht Haven
  • Good sized shop premises plus one bedroom flat on first floor with outside decked area & solent views
  • Shop runs to approx. 82.6m² (889 ft²) including storage
  • For sale with offers invited in the region of £400,000 for the freehold
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33-34, High Street, Cowes

PRN: 206269

33-34
  • Rare opportunity to acquire a residential investment in the centre of the internationally famous yachting town of Cowes
  • The property is made up of 3 x 1 bedroom flats, 1 good sized studio flat and 3 rooms let as HMOs
  • Gross income is £40,872 per annum as at December 2010
  • Offers are invited in the region of £495,000
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Fishbourne Quay, Ashlake Copse Road, Fishbourne

PRN: 201992

Fishbourne Quay
  • Five new Industrial Units to Lease (available Winter 2011) at Fishbourne Quay
  • One unit measuring some 124.5m² (1,340.2ft²) and four units measuring some 107.5m² (1,157.16ft²) all benefiting from B1/ B2 planning consent
  • On site facilities to include an amenity block, male & female wc's, hardstanding for boat storage, crane & slipway, & pontoon for berthing up to 28 berths (available subject to negotiation)
  • To download a full brochure please click on 'Property Brochure'
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Walnut Cottage, The Square, Godshill

PRN: 209708

WALNUT COTTAGE
  • Rare opportunity to purchase premises in the centre of Godshill, with rental income
  • Currently a three bedroom, 2 reception, detached stone built home
  • Planning consent granted for tearooms on the ground floor, retaining two bedroom accommodation above
  • Offers are invited in the region of £299,950
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Aisthorpe Farm, Staplers Road, Newport

PRN: 55302

Aisthorpe Farm
  • Farm House, Three cottages and Land, on the outskirts of Newport in Staplers Road
  • The main Farm House runs to some 175m² (1883ft²) with potential for development, STP
  • Three cottages set in over 30 acres of land, ideally suited to holiday lettings, STP
  • Available for sale with offers invited 'in the region of' £949,950 for the freehold interest
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21, Holyrood Street, Newport

PRN: 206465

21
  • Highly prominent and well established shop unit in Holyrood Street, Newport
  • Shop operates from the ground & first floors with generous office accommodation on the top floor. Overall floor area 172m² (1,851 ft²) total
  • Current owner of the business and premises is willing to enter a new 10 year lease at £18,750 per annum
  • For sale with offers invited in the region of £250,000
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Unit 4, 17d, Riverway Industrial Estate , Newport  - UNDER OFFER

PRN: 200211

Unit 4, 17D
  • Industrial unit of approximately 924ft² (85.86m²) GIA
  • Located on the Island's premier industrial estate
  • May suit as storage facilitiy and other uses, STP
  • Available for sale with offers invited 'in the region of' £50,000, leasehold or available to Lease with an initial rent of £4,500 p.a.x
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87, Upper St James Street, Newport

PRN: 209602

87
  • Shop premises located in St James Street opposite to the new Dominos Pizza outlet and close to NEXT and OXFAM
  • Attractive Victorian shop front supported by 3 bedroom flat over and small garden to the rear
  • Shop runs to a total of 57m² (613 ft²)
  • For sale with offers invited in the region of £245,000
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The Old Granary, Whitecroft Farm, Sandy Lane, Newport

PRN: 208397

The Old Granary
  • Formerly the headquarters of The Island Tea and Coffee Company
  • Currently a courtyard of characterful farm buildings with both tourist and B1 and B8 consent
  • Excellent rural location within easy striking distance of Newport. Further land is available subject to negotiation
  • For sale at offers in excess of £450,000
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Unit 4, 16b Riverway Industrial Estate , Newport , Newport

PRN: 201563

Unit 4, 16B Riverway Industrial Estate
  • Industrial unit of some 75.5m² (813ft²) with first floor office, storage and staff WC
  • An enclosed yard of approximately 136.6m² (1,470.8ft²) with a recently constructed workshop of approximately 47.6m² (512.2ft²)for the use of vehicle servicing & repairs
  • Situated on Riverway Industrial Estate amongst a mix of car retailers and manufacturers
  • For sale with offers invited in the region of £125,000 subject to contract
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40/41, St James Street, Newport

PRN: 201307

40/41
  • Located in St James Street close to Next and the retail park in South Street surrounding the Bus Station facilities
  • The building consists of good sized ground floor retail unit, plus large offices to rear, with 5 flats over
  • Ground floor retail runs to approx 185m² plus office space to the rear of approx 124m²
  • For sale with oiro £200,000 for the ground floor retail unit, rear office space at oiro £100,000 or the 5 flats over at oiro £400,000. The whole building is also for sale by separate negotiation
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3 And 4, Holyrood Street, Newport

PRN: 202626

3 and 4
  • Shop and charming family accommodation,with garden, prominently located on the junction of Holyrood Street and Crocker Street opposite Hursts, amongst other character retail and A3 properties
  • Some 63m² (678 ft²) of retail with 38m² (410 ft²) of back up stores and workshops
  • 3 bedroom residential accommodation with separate access and mature town garden to the rear
  • For sale with offers in invited in the region of £250,000 for the freehold interest
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Investment At , 12 St James Street, Newport

PRN: 200452

INVESTMENT AT
  • Located close to the centre of Newport on the junction of St James Street and Lugley Street
  • Building comprises Ground Floor retail let to Age Concern (IOW) at £8,400 p.a. plus 4 flats over currently let on AST's with income of £21,600 p.a.
  • The ground floor is leased to Age Concern (IOW) on a 3 year lease from May 2011
  • For sale with offers invited in the region of £355,000 for the residential element and offers in the region of £110,000 for the retail element. The whole building is available to purchase by separate negotiation.
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2 To 8 Carisbrooke Road, Newport

PRN: 208498

  • Substantial property located at the junction of Newport High Street and Carisbrooke Road consisting of 2 retail units with 4 flats over
  • The 2 retail units are held on a residue of a 15 year lease from 25th December 1994 with a current combined income of £27,000 per annum. 10 car parking spaces to the rear.
  • The 4 flats over are held on 6 month A.S.T's., with a combined income of £26,400 per annum
  • Offers are invited in the region of £850,000 for the block
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12, Carisbrooke Road, Newport

PRN: 200687

12
  • Mixed investment property located in central Newport
  • Ground floor lock-up shop supported by a one bedroom flat on the first floor and studio apartment on the top floor
  • Current income £16,260 per annum which should rise to £17,260 over the next 3 years
  • For sale with offers invited in the region of £205,000
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21 & 23, Carisbrooke Road, Newport

PRN: 205078

21 & 23
  • A pair of properties with letting rooms and parking in Newport
  • Potential income of £40,000 as a lettings investment plus owner's accommodation
  • Potential to operate as a guest house alongside existing house of multiple occupation
  • For sale at offers in the region of £599,950
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13, Union Street, Ryde

PRN: 202152

Awaiting Image for 13
  • Prominent and beautifully restored building in Union Street, Ryde
  • The building consists of offices on ground and first floor with a separately accessed 2 bed flat on the top floor
  • The office element of the building runs to aproximately 123m² (1,754 ft²) with the flat running to approximately 67m² (721 ft²)
  • For sale with offers invited in the region of £400,000 with the possibility of a sale and lease back to the current owners.
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Cypress Court, , Westridge Business Park, Ryde

PRN: 201076

Cypress Court,
  • 8 new industrial units situated within the prestigious Westridge Business Park
  • Prominent location visible to a high volume of passing trade
  • Each unit measuring some 160.2m² (1,724ft²) with mezzanine of 53.4m² (560ft²) all benefiting from B1 planning consent & some with B1 & B8 planning consent
  • 5 Units remaining and available for sale with prices starting from £135,000 plus VAT, subject to contract or to Lease, subject to terms and negotiation
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17, Cross Street, Ryde

PRN: 150619

17
  • Ground floor shop unit in popular location in Cross Street, Ryde with current passing rent of £8,640 per annum
  • The unit has traded as a Hairdressers for many years and will benefit from a new 10 year lease
  • The unit runs to a total of 60.9m² breaking back to 38.1m² in terms of Zone A
  • For sale with offers invited in the region of £120,000 for the freehold interest of the building
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25, Union Street, Ryde

PRN: 200040

Awaiting Image for 25
  • Ground floor premises let to Ladbrokes on a 15 year lease from November 2008
  • Premises with 9.1 metre frontage to Union Street and running to approx. 160m² breaking back to approx 86m² in terms of Zone A
  • Current passing rent £30,000 per annum with rent reviews every 5th anniversary on a full RPI lease without any break clauses
  • For sale with offers invited in the region of £445,000 long leasehold
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Site At 63, Park Road, Ryde

PRN: 208653

Site at 63
  • Rare opportunity to acquire a site with planning permission for an 49 bedroom Nursing Home
  • The site is close to the centre of Ryde and bus routes
  • Planning permission under P/01914/09 with outline planning for a 49 bedroom Care Home on a site of 2,183m². Would also lend itself to Hotel Development
  • Available for sale with offers 'invited in the region' of £750,000, subject to contract
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10 & 10a, George Street, Ryde

PRN: 201462

10 & 10A
  • Prominent building on the corner of George Street and Castle Street, Ryde
  • Ground Floor retail unit/cafe benefitting from A3 planning consent running to approx 110m² (1,184 ft²) inc. basement
  • There are two x 1 bedroom flats over which are separately accessed
  • For sale with offers invited in the region of £250,000 for the whole building
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109 To 113 High Street & 24 St Johns Road, Ryde, Ryde

PRN: 207174

109 to 113 High Street & 24 St Johns Road
  • A block of 5 terraced properties and a nearby shop and flat in the popular coastal town of Ryde
  • Existing income and opportunity to enhance or develop this portfolio being sold by long term owner after retirement
  • Leases provided suggest an annual income of £54,711 per annum, however, occupation varies from time to time
  • Offers for the portfolio are invited in the region of £695,000 or offers on individual properties may be considered. Prices on application.
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5-6, Esplanade, Ryde

PRN: 202323

5-6
  • Rare opportunity to acquire a whole building on Ryde Esplanade
  • Building comprises substantial ground floor unit with food use and three flats over
  • Current rental income from the 3 flats & garage to rear of £17,320 per annum. Shop to be sold with vacant possession
  • For sale with offers invited in the region of £400,000^ for the whole building
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Investment At 57, Union Street, Ryde

PRN: 53356

INVESTMENT AT 57
  • Located on the West side of Union Street in a particularly busy area being close to Yelf's Hotel, Ladbrokes, Hursts, Jo Daflos etc.
  • The building comprises ground floor retail premises with a flat on the first and second floor in need of re-development/upgrading
  • The shop unit is currently tenanted and runs to approx. 30m² (316 ft²)including storage & staff facilities with a 2 bedroom flat of approx. 80m² over, once re-developed/refurbished
  • For sale with offers invited in the region of £145,000 for the property
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Garfield House, Victoria Street, Ryde  - UNDER OFFER

PRN: 207686

Garfield House
  • Potential to redevelop substantial Victorian building and extension in the centre of Ryde
  • The building is currently made up of 14 separate units ranging from bedsits to two bedroom flats
  • The building's layout enables enlargement of some of the bedsit units to form two-bedroom units
  • For sale with offers invited in the region of £650,000 for the freehold interest
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30 - 31 Union Street, Ryde

PRN: 205185

  • Whole building comprising 2 commercial units and 13 residential units, with two units being sold off on long leaseholds
  • The building is located towards the top end of Union Street and is supported by many successful restaurant, national covenants and specialist local retailers
  • Current total income from the building is The total income is currently £95,500 rising to £97,100 in June 2011.
  • For sale with offers invited in the region of £1.3 million
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156 - 158, High Street, Ryde

PRN: 205065

156 - 158
  • Freehold retail investment let to Peacocks
  • Unexpired lease term of 16 years
  • Current passing rent £85,000 per annum with a fixed increase on the 24th June 2011 to £96,200 p.a.
  • For sale with offers invited in the region of £1.7 million
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Former Bank Premises, 79, High Street, Sandown

PRN: 210526

Former Bank Premises, 79
  • Former bank premises in prominent corner location on Sandown's High Street
  • Close to prominent occupiers such as Co-Operative, HSBC, Totesport and Boots The Chemist
  • Ground floor total 99.64m²(1,072.63 ft²)with 2 flats on the 1st & 2nd floors sold off on 125 year leases from April 2008
  • The Freehold interest is for sale with offers being invited in the region of £95,000
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37, High Street, Sandown

PRN: 206490

Awaiting Image for 37
  • Prominent retail premises next door to Sainsbury's in Sandown High Street
  • The unit benefits from a flat over which is separately accessed from the rear with the potential to add a further bedroom, s.t.p.
  • Ground floor retail runs to approximately 7.3m² (791 ft²)including storage and staff facilities
  • For sale with offers invited in the region of £195,000 for the freehold interest
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117, High Street, Sandown

PRN: 209753

117
  • Commercial and Residential Investment property in High Street, Sandown
  • Unit consists of a commercial unit on the ground floor with 4 flats over
  • Potential income £27,600 per annum
  • For sale with offers invited in the region of £290,000
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The Roseglen Hotel , 12 Palmerston Road , Shanklin

PRN: 54996

The Roseglen Hotel
  • Attractive, detached Victorian Villa in the heart of Shanklin
  • 2 Star 'Enjoy England' guest accommodation comprising 12 en-suite rooms, licensed bar lounge & 26 cover dining room
  • Separately accessed owner's suite with up to 3/4 bedrooms & garden. Separate one bed flat generating additional income
  • For sale with offers invited 'in the region of' £525,000 for the business premises, fixtures, fittings & goodwill
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8, Landguard Road, Shanklin

PRN: 210244

8
  • Located at the High Street end of Landguard Road, Shanklin close to Regent Street
  • Former Liberal Club offering potential for several different uses, subject to the relevant consents
  • Building runs to a total of 418 m² (4,499 ft²) over 2 floors plus outdoor courtyard area
  • For sale with offers invited in the region of £285,000
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Yha Totland, Hurst Hill, Totland

PRN: 210062

YHA TOTLAND
  • A substantial building operated as a Youth Hostel located on the outskirts of Totland on Hurst Hill, commanding views over The Solent
  • The YHA is keen that, if possible, the property should continue to operate as a Youth Hostel and possibly under its franchise arrangements
  • The building runs to approximately 682m² GIA and may lend itself to be split to form several units for residential accommodation, s.t.p.
  • For sale with offers invited in excess of £350,000 for the freehold interest
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Former Bank Premises, 13, High Street, Ventnor

PRN: 203658

Former Bank Premises, 13
  • Former bank premises in prominent location on Ventnor's High Street
  • Close to prominent occupiers such as Co-Operative, Boots the Chemist and HSBC Bank
  • Ground floor approx 103.45 m² (1,113 ft²), plus Basement of 11.91 m² (128 ft²) and First Floor 13.11 m² (141 ft²) giving a total of 128.47 m² (1,382 ft²)
  • The Freehold interest is for sale with offers being invited in the region of £155,000
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9 , Church Street, Ventnor  - UNDER OFFER

PRN: 201736

9
  • Opportunity to acquire an investment let to Watson Bull & Porter, part of Countrywide Estate Agents
  • Ground floor shop unit of some 82.3m² (886ft²) with a passing rent from 25 December 2007 of £8,000 per annum
  • Held on the residue of a 25 year lease from 25th December 1986.
  • Offers are invited in the region of £95,000 showing an initial return of 8.4% before costs
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'spring Gardens', 15 Spring Gardens, Ventnor

PRN: 210372

'Spring Gardens'
  • Set within a quiet location, with sea views and close to both Bonchurch & Ventnor
  • Well presented, furnished & equipped to high standard
  • Potential for conversion to self-catering apartments/ guest accommodation/ residential, subject to planning
  • For sale with offers invited 'in the region of' £275,000 freehold premises. Fixtures & fittings for sale by separate negotiation
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Investment At , 94 High Street, Ventnor

PRN: 210020

INVESTMENT AT
  • Prominent building located on the corner of Ventnor High Street and Victoria Street
  • Building comprising 3 flats let on AST's and a ground floor shop unit currently vacant
  • Current income from the flats £19,800 p.a. Ground Floor Shop is currently being marketed at a rental of £8,750 p.a.
  • Residential element offered at oiro £225,000. Commercial element offered at oiro £75,000. Purchase as whole (i.e. flats and shop) by separate negotiation
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6, 7 & 8, Northwood & Chillerton Apartments, Creek Gardens, New Road, Wootton

PRN: 208414

6, 7 & 8, Northwood & Chillerton Apartments
  • 1 & 2 bedroom holiday accommodation currently used for long term lets available individually or as a group purchase
  • Held on 99 year leases with 52 week occupancy permission
  • Currently managed and with clear opportunities for growth income in holiday lets
  • Prices ranging from offers in the region of £99,500 to £129,950 including fixtures, fittings and furniture
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