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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The Old Granary, Whitecroft Farm, Sandy Lane, Newport  - UNDER OFFER

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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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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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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Cypress Court, , Westridge Business Park, Ryde

PRN: 201076

Cypress Court,
  • 8 new industrial units nearing completion 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
  • Available for sale with prices starting from £135,000 plus VAT, subject to contract. *May Lease subject to terms and negotiation
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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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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 £93,600 per annum
  • For sale with offers invited in the region of £1.3 million
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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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163 , High Street, Ryde

PRN: 207942

163
  • A rare opportunity to secure a retail investment in the very centre of Ryde's pedestrian precinct
  • Located amongst national retailers, a whole building on 3 floors, ground floor retail some 23.56m² out of a total area of some 74.1m² GIA
  • Let on a 10 year term from 22 February 2001 with rent now £12,500 increasing to £13,000 pa from 22 February 2009
  • Offers are invited in the region of £195,000
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Investment Portfolio 209530, Sandown, Shanklin, Ventnor And Newport, Shanklin

PRN: 209530

INVESTMENT PORTFOLIO             209530
  • Five profitable residential investments including two Houses of Multiple Occupancy (HMO's)
  • Available individually or as a Portfolio of six properties
  • Currently fully managed and providing excellent returns
  • Individually priced from "offers in the region of" £210,000
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49, High Street, Shanklin

PRN: 202292

49
  • Prominent shop unit on Shanklin's busy High Street
  • Retail area of 48.6m² (523 ft²) plus storage
  • The unit benefits from a new 8 year lease at an initial rent of £8,000 per annum
  • Offers are invited in the region of £115,000for the investment of the ground floor
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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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Marina Apartments, Marine Parade, Ventnor

PRN: 208479

MARINA APARTMENTS
  • Six well appointed holiday apartments in a stunning location, most with sea views
  • Large three bedroom ground floor owner's accommodation with private car park and garden
  • Long established business with strong accounts
  • Offers in the region of £695,000 freehold, fixtures, fittings and goodwill
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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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