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

RETAIL UNITS & SHOPS FOR SALE OR LEASE

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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46 , High Street, Brading

PRN: 205037

46
  • Recently completely redeveloped restaurant in the centre of Brading presented to a very high standard of fit-out
  • 45 to 60 seater restaurant with the potential for additional seating in courtyard area to the rear
  • The restaurant is supported by kitchen area and toilets and runs to a total of 125m (1,345 ft)
  • Offered by way of a New Lease at 18,500 per annum with a 38,000 ingoing premium to benefit from the extensive & expensive re-fit and kitchen
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Former Brading Tea Rooms, 66 High Street, Brading

PRN: 202677

Former Brading Tea Rooms
  • Restored, historic and prominent building in Brading High Street with potential for Bed & Breakfast, Restaurant/Caf s.t.p.
  • Formerly traded as Brading Tea Rooms with 36 covers plus additional seating in the large rear garden
  • Substantial building over 3 floors with potential to create owner's and letting accommodation
  • For Sale with offers invited "in the region of" 375,000 for the property. Alternatively available to Lease at 24,000 per annum
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21- 23, Shooters Hill, Cowes

PRN: 213359

21- 23
  • Located at the foot of Shooters Hill close its junction with the pedestriansed section of Cowes High Street
  • Adjacent to an entrance to Cowes Marina, the property is supported by many major retailers including Sainsbury's & Day Lewis
  • Building on 3 floors currently with 2/3 commercial properties at ground floor with potential to redevelop 1st & 2nd floors to residential use s.t.p.
  • For Sale with offers invited "in the region of" 420,000 for the whole building
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7, York Avenue, East Cowes

PRN: 200075

7
  • Retail premises located in the centre of East Cowes, close to the Co-Operative and the new precinct to be generated by Red Funnel
  • East Cowes is currently enjoying a revival following announcements from Red Funnel on their re-development project and on-going works at East Cowes Marina
  • The Unit runs to circa 39.4m (424 ft) including staff facilities
  • Offered by way of a New Lease at 115 per week or For Sale at Oiro 90,000
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7, School Green Road, Freshwater

PRN: 200764

7
  • Former sub Post Office, more recently a Retail Unit adjacent to Hurst's Ironmongers and Ladbrokes Turf Accountants
  • Lock up unit in prominent location in the heart of Freshwater's main shopping area
  • Unit runs to approximately 40m (430ft) total, benefitting from a 7.5 metre frontage to School Green Road
  • Available on a NEW LEASE at 5,980 p.a. All terms by negotiation
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77, Sandown Road, Lake

PRN: 51013

77
  • Located near the centre of Lake and within easy walking distance of Lake Station
  • Ground Floor Restaurant with Bar with further accommodation at First Floor for further Restaurant or Function Room. May also suit Retail or Office use
  • Approximately 430m (4,630ft) of space available, including kitchen areas, w.c. facilities, storage and stage
  • Offered by way of a New Lease at 25,000 per annum
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94, High Street, Newport

PRN: 200677

94
  • Shop unit located in Newport's busy High Street, adjacent to Poundstretcher, Edinburgh Woollen Mill, and soon to be opened Prezzo Restaurant
  • A New Lease is available with terms by agreement
  • Unit runs to a total of 54.7m (588 ft) with display windows to the High Street
  • Available by way of a New Lease at 12,000 per annum.
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Unit 1a , Holyrood Street, Newport

PRN: 206464

Unit 1A
  • Opportunity to rent an economic lock-up shop in Holyrood Street, just off Newport High Street
  • The shop is close to occupiers such as 02, Osborne Tailors, Visual Impact and Hursts Ironmongers
  • The shop unit runs to a total of 14.5 m(156 ft)
  • Offered by way of New Lease at 4,500 per annum i.e. only 86 per week
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28b, St James Street, Newport

PRN: 200100

28B
  • Lock-up shop located in the heart of Newport's shopping offer
  • Supported by many prominent retailers such as Game, McDonalds, Starbucks, Bet Fred, HSBC, Nationwide & Santander
  • Unit runs to a total of 34m (365 ft)
  • Available by way of a new lease at 12,500 per annum
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3 Grays Walk, Pyle Street, Newport

PRN: 201215

3 Grays Walk
  • Attractive, modern lock-up unit in the heart of the Gray's Walk shopping precinct
  • Suit retail or A2 use and close to the South Street Retail Park & Bus Interchange
  • Unit total approx. 41.2m ( 443 ft) including a small kitchen and toilet
  • Available on a NEW LEASE at 6,500 p.a. plus VAT & service charge.
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3 And 4, Holyrood Street, Newport

PRN: 202626

3 and 4
  • Shop with family accommodation& garden, located on the junction of Holyrood Street and Crocker Street opposite Hursts Ironmongers
  • Retail area runs to approx. 63m (678 ft) plus 38m (410 ft) of stores and workshops
  • Separate access to 3 bedroom residential accommodation plus enclosed garden to the rear
  • For sale with offers invited in the region of 275,000 for the freehold interest
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1 ( Or 1 And 3), Grays Walk, Newport

PRN: 201357

1 ( or 1 and 3)
  • Lock up shop in a prominent position fronting Scarrots Lane with a return frontage to Grays Walk
  • Ideally suited to specialist retailers and amongst other character shops
  • The unit runs to a total of 35.9m (386 ft) including staff facilities. Potential to extend to include 3 Grays Walk to make a larger x 2 unit, if required
  • Available by way of a new lease at 7,500 per annum for Unit 1, or 12,000 per annum for Units 1 and 3. Rents are both subject to VAT and service charge
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Town Choice, 6-8 Town Lane, Newport

PRN: 200508

Town Choice
  • A long established and thriving business for sale due to retirement with further potential to open evenings
  • 80 cover restaurant plus a further 30 in a delightful courtyard garden and pavement seating to the front
  • Well presented 4/5 bedroom owner's apartment able to be separately accessed
  • Offers are invited in the region of 535,000 for the benefit of the freehold ffgw +s.a.v. Alternatively the business is available at 185,000 Leasehold ffgw + s.a.v. by way of a New Lease at 32,000 per annum for the whole building
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Unit At, 9 Bowling Green Lane, Newport

PRN: 209301

Unit at
  • Unit fronting Newport's busy bus station and interchange and adjacent to the South Street Retail Park
  • Well placed for use as a Caf or Take Away Business, s.t.p.
  • Unit runs to a total of 106m (1,140 ft) including toilets etcetera
  • Available by way of a New Lease at 12,000 per annum.
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143, High Street, Newport

PRN: 200091

143
  • Located in Newport High Street close to Insurance & Estate Agents, specialist eateries & retailers
  • Frontage of approx. 8m (26 ft) to Newport High Street. Upper floors let as offices but offering redevelopment potential s.t.p.
  • Ground Floor Unit runs to a total of 159.3m (1,715 ft) now vacant
  • Ground Floor Unit available to Lease at 25,000 per annum or Whole Building For Sale at Oiro 280,000 freehold
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121, High Street, Newport

PRN: 217133

121
  • Shop unit in Prime location in Newport High Street adjacent to Boots the Chemist & EE
  • Double fronted unit with large display windows and recessed glazed entrance
  • Whole Building running to a total of 320m (3,444 ft) over 3 floors with the main ground floor retail area running to 141.5m (1,523 ft) + ancillary/storage area
  • Available by way of a New 10 year Lease at offers "in excess of" 60,000 per annum
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40, High Street, Newport

PRN: 200134

40
  • Prime retail unit set in the heart of Newport High Street with return frontage to St Thomas Square
  • Unit spread over 2 floors with frontage to High Street in excess of 9.1 metres (30 feet) Plus 5.4 metres (17 feet) to St Thomas Square
  • Unit total 90m (968 ft) with the first floor approx 68.6m(738 ft)
  • Available by way of a New Lease at an opening rent of 47,500 per annum. All terms by negotiation
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93, Pyle Street, Newport

PRN: 50291

93
  • Shop at the Carisbrooke end of Pyle Street in highly visible location close to Newport High Street
  • Unit benefits from 5.1m frontage on to Pyle Street and is supported by many specialist retailers
  • Unit total 77.7m (836 ft)
  • Offered by way of a New Lease at 10,500 per annum plus VAT
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94, Pyle Street, Newport

PRN: 50292

94
  • Amongst specialist retailers and estate agents in Pyle Street where it joins Newport's High Street
  • Offers some 65.4m (704 ft) retail with a 6.3m internal frontage, plus storage space, lobby and staff facilities
  • Opportunity to secure good sized premises in the Island's County town
  • A new lease is available off an initial rent of 10,500 per annum, plus V.A.T.
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50 216762, High Street, Newport

PRN: 216762

50                                                       216762
  • Shop unit located in Newport's busy High Street,adjacent to Topman,Topshop Monsoon, and Costa Coffee.
  • The Unit is arranged over two floors with the main retail area on the ground floor and the first floor being ancillary
  • Unit runs to a total of 162m (1,743.8 ft) with the ground floor running to approximately 80m (861 ft)
  • Available by way of a New Lease at 52,000 per annum. All terms by negotiation
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Bombay Palace, Appley Rise, Ryde

PRN: 217655

BOMBAY PALACE
  • Prominent and striking landmark restaurant premises located overlooking the Boating Lake at the end of Ryde Esplanade
  • Well placed to benefit from the abundant free on-street parking after 6.00 pm but also to capture trade from the town centre & its adjacent beaches
  • Well appointed & finished restaurant. 120 covers over 2 floors plus seating for 32 outside. The ground floor restaurant also benefits from a lift to the first floor
  • Offered at an initial incentive of 19,750 Years 1 & 2 rising to 21,500 Year 3. A premium of 30,000 is sought for the benefit of the fixtures & fittings. Alternatively For Sale with offers invited "in the region of" 395,000
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Former Ryde Youth Centre, 97 High Street, Ryde

PRN: 215798

Former Ryde Youth Centre
  • Located at the South End of Ryde High Street and Formerly operated as Ryde Youth Club.
  • Building sits on a site of approx. 778m with the footprint of existing building running to approximately 360m (3,875 ft)
  • May suit many other uses or conversion to residential development, subject to any necessary consents
  • For Sale with offers invited "in the region of" 185,000 for the premises
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51 To 52, High Street, Ryde

PRN: 215975

51 to 52
  • Substantial building at the top end of Ryde High Street, close to Iceland and the Post Office
  • Commercial unit on the ground floor running to circa 102m (1,097 ft) with a 4 bedroom flat over.
  • Potential to split the building to form 2 shops and 2 or 3 flats, if required, subject to planning
  • For Sale with offers invited "in the region of" 285,000 for the long leasehold interest
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168, High Street, Ryde

PRN: 200369

168
  • A retail unit, right in the centre of Ryde's pedestrian precinct, opposite Ryde Town Square, Costa Coffee & The Co-Operative,
  • Retail and storage area of 51.3m (552 ft)
  • Opportunity in this highly desirable location in Ryde High Street
  • Available by way of a New Lease at 12,500 p.A.X. All terms by negotiation
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Investment At, 63 High Street, Ryde

PRN: 217434

INVESTMENT AT
  • Located towards the top end of Ryde High Street supported by many specialist retailers
  • Ground floor shop (currently vacant) runs to circa 52.1m (560 ft) plus 2 x 1 bedroom flats over
  • Current passing rent for the 2 flats is 7,800 p.a. each held on ASTs.
  • For Sale with offers invited "in the region of" 185,000 for the whole building, or 55,000 for the ground floor shop only
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179, High Street, Ryde

PRN: 205056

179
  • Located in the pedestrianised area of Ryde High Street, next door to Clinton Cards and supported by Boots The Chemist, Edinburgh Woollen Mills & Barclays Bank
  • Well presented, double fronted unit over 2 floors and benefitting from 2 car parking spaces to the rear
  • Unit runs to a total of 88.5m (952 ft) GIA
  • Offered by way of a New Lease at 18,000 per annum
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128, High Street, Ryde

PRN: 206327

128
  • Highly visible location adjacent to the traffic lights in Ryde High Street on its junction with St Johns Road
  • Completely refurbished and redecorated retail unit with 1 to 2 bedroom flat over
  • Ground Floor Shop unit runs to approximately 31m (333 ft)
  • For Sale with offers invited "in the region of" 150,000 for the freehold interest of the building
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66, Union Street, Ryde

PRN: 200073

66
  • Prominent retail unit in a busy location near to the heart of Union Street
  • The unit benefits from a generous glazed double frontage to Union Street of 7.5m (24.5 ft)
  • Unit runs to a total of 95.5m (1,027 ft) including staff facilities
  • Offered by way of a New Lease at 18,750 per annum.
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64, High Street, Ryde  - UNDER OFFER

PRN: 152036

64
  • Lock up shop plus two flats over sold off on long leaseholds
  • Ground Floor Shop offered to Lease at 5,200 per annum but currently vacant
  • The shop runs to a total of 64.9m (698 ft). Ground rent from each of the two flats is 25 per annum
  • Ground Floor Shop offered by way of a New Lease at 60 per week Year 1. Also whole Building for Sale at "offers in the region of" 49,000 for the freehold interest
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46, Union Street, Ryde

PRN: 200053

46
  • Well located shop unit close to the top of this increasingly popular Street adjacent to J D Wetherspoon and The Post Office
  • Currently trading under A1 Retail, but well placed for A3 use (restaurant/caf) subject to planning
  • Unit runs to a total of 107.5m (1,151 ft) including staff facilities with a 4.8m frontage to Union Street
  • Offered by way of a New lease at 15,500 per annum. Terms by negotiation
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24, Cross Street, Ryde  - UNDER OFFER

PRN: 200413

24
  • An opportunity to acquire former Sandwich Bar/Caf/Take-Away premises and basement in Cross Street, Ryde
  • Next to a thoroughfare to the Co-operative Car Park with a bus stop outside, making it a very lively location
  • Shop unit of 82m (882ft) total
  • Offered by way of a New Lease at 10,500 per annum
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4, High Street, Sandown  - UNDER OFFER

PRN: 203652

4
  • Located towards the top end of Sandown High Street adjacent to Boots The Chemist, and close to Lloyds Bank and Pier Street, which leads to The Esplanade
  • The unit has a generous shop front for the size of unit of 6.8 metres (22 feet)
  • Shop unit runs to a total area of 61.1m (675 ft) plus external storage
  • Available by way of a New Lease, with the protection of the Landlord & Tenant Act 1954 at 7,500 per annum
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61 , High Street, Shanklin  - UNDER OFFER

PRN: 206614

61
  • Located mid-way along Shanklin's busy High Street close to many specialist retailers and Barclays Bank
  • Well presented shop unit in prominent location
  • Unit runs to total of 70.7m (761 ft) including storage, wc & staff facilities
  • Available by way of an assignment of the existing lease. Rent currently 4,500 p.a. increasing to 6,000 p.a. 1st June 2016
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Unit At Corinthian Court, High Street, Shanklin

PRN: 206814

Unit at Corinthian Court
  • Substantial commercial premises with a 1 bedroom flat to the rear in Central Shanklin
  • Unit currently trades under A1 planning consent, but may suit other uses s.t.p.
  • Flat currently let on 6 month AST at 425 per calendar month plus potential rent from commercial element of 20,000 p.a.
  • For Sale with offers invited "in the region of" 250,000 for the premises
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66 , High Street, Ventnor  - UNDER OFFER

PRN: 217173

66
  • Prominent corner retail facing High Street with return frontage to Market Street located opposite Ventnor's main car park
  • Former antique shop with large display windows trading under A1 retail. Suit other uses s.t.p. and benefitting from large basement area
  • The unit runs to a total of 212m (2,281 ft) including a basement area of circa 92m (990 ft)
  • Offered by way of a New Lease at 11,750 per annum. Terms by negotiation.
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