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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53 (island Fine Arts) 51371, High Street, Bembridge  - UNDER OFFER

PRN: 51371

53  (Island Fine Arts)                                  51371
  • Rare opportunity to purchase a retail unit in the centre of Bembridge Village
  • Unit sits in a prominent position in the High Street with a return frontage and benefits from a parking space to the rear of the property
  • Unit runs to a total of 44.5m (477 ft)
  • For Sale with offers invited "in the region of" 105,000 for the freehold interest of the ground floor premises
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123, High Street, Cowes  - UNDER OFFER

PRN: 219214

123
  • Rare opportunity to acquire a shop unit in the pedestrianised area of Cowes
  • Arguably in one of the best positions in Cowes High Street, close to Day Lewis Pharmacy & M&Co
  • The unit runs to a total of 62.1m (668 ft) including staff facilities
  • Offered by way of a New Lease at 13,500 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
  • Available For Sale at Oiro 90,000
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Former Nat West Bank Premises, Avenue Road, Freshwater

PRN: 218955

Former Nat West Bank Premises
  • Former Nat West Bank premises set in the heart of Freshwater next door to Watson Bull & Porter Estate Agents
  • Premises would lend themselves to retail or A2 office use
  • Unit runs to a total of 101.9m (1,096 ft) but could be taken as a reduced sized unit of approx. 36m (391ft) if required
  • Offered by way of a New Lease of the whole building at 8,880 per annum or a lease of the smaller unit at 110 per week
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7, School Green Road, Freshwater

PRN: 200764

7
  • Opportunity to acquire the Former Post Office and Sorting Office in the centre of Freshwater
  • The building comprises retail unit to the front (former Post office) with former Sorting Office to the rear plus first floor offices over
  • Investment/Development opportunity with the potential to rent the retail unit and redevelop the ground floor rear and first floor to residential use s.t.p.
  • For Sale with offers invited "in the region of" 150,000 for the Freehold interest
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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 37,500 per annum. All terms by negotiation
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5 Grays Walk, Pyle St, Newport

PRN: 200160

5 Grays Walk
  • Opportunity to rent a smart lock up unit in Gray's Walk, Newport with a return frontage
  • Busy Location in Pyle Street ajacent to the rear of BHS
  • Unit runs to some 30.1m (308 ft) including WC and staff facilities
  • Available by way of a new lease at 8,400 per annum inclusive of V.A.T. plus Service Charge
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96, High Street, Newport

PRN: 200478

96
  • Opportunity to rent a whole building in Newport High Street
  • The premises is well located two doors up from the recently opened Prezzo Restaurant and close to Edinburgh Woollen Mills and PoundStretcher/Pet Hut
  • Building arranged over 4 floors running to a total of 158m (1,700 ft) GIA. May suit a variety of uses subject to any relevant consents
  • Offered by way of a New Lease at 17,950 per annum
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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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Business For Sale, Union Street, Ryde

PRN: 203188

BUSINESS FOR SALE
  • Rare opportunity to acquire a well established and easy to run business in Ryde
  • The business has been run by the current owner for over 20 years and previously traded in a similar style in excess of 15 years before that
  • Shop unit runs to approx. 22m (236 ft) with a current rent of 6,900 p.a.
  • For Sale with offers invited "in the region of" 30,000 for the leasehold interest, ffgw + s.a.v. if required
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75, Union Street, Ryde

PRN: 202930

75
  • Rare opportunity to acquire ground floor, basement and upper floors of a building in Union Street, Ryde
  • Offering development or investment opportunities. First floor offices could lend themselves to residential use s.t.p.
  • Currently Top floor flat with sea views, first floor office plus ground floor retail & basement area running to circa 172m (1,851 ft)
  • Offers are invited "in the region of" 285,000 for basement, ground & upper floors of the building. Alternatively Shop & Basement only Oiro 120,000 or Upper Parts Only Oiro 175,000
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22, Cross Street, Ryde  - UNDER OFFER

PRN: 200868

22
  • Shop in prominent location close to the junction of Cross Street with Union Street and the High Street
  • The unit is set amongst many established specialist retailers and is adjacent to a bus stop and entrance to a large public car park providing high footfall
  • The unit runs to a circa 46m (495 ft) of retail space plus toilet facility to the rear
  • Offered by way of a New Lease at 6,750 per annum. Alternatively the unit may be available to purchase at oiro 78,000.
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66, Union Street, Ryde  - UNDER OFFER

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 17,500 per annum.
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St Thomas Church, St Thomas Street, Ryde  - UNDER OFFER

PRN: 52517

ST THOMAS CHURCH
  • St Thomas Church located in the centre of Ryde
  • The building sits on a site of circa 1,066 m (11,474 ft) and has a footprint of approx. 447m (4,811 ft)
  • The building would lend itself to a cultural, educational, leisure or community use, subject to planning or any other necessary consents
  • For Sale with offers invited "in the region of" 100,000 for the building and site
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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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13, High Street, Sandown

PRN: 200501

13
  • Situated next door to Boots The Chemist and adjacent to where High Street meets Pier Street, one of the busiest locations in the town
  • Double fronted unit with generous display windows
  • Unit runs to approximately 46.8m (503 ft)
  • Offered by way of a new lease at 6,250 per annum. The intending tenant will be asked to contribute toward the landlord's costs in setting up the New Lease. All other terms by negotiation
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Harmony Diy , 5 Albert Road, Sandown

PRN: 200499

Awaiting Image for Harmony DIY
  • Rare opportunity to purchase a whole building in a prominent location in Sandown
  • Ground floor retail plus separately accessed and well presented 3 bedroom flat over
  • Ground floor retail unit runs to approx. 61.2m(658 ft). Planning P/01028/16 to split the ground floor to form 2 shops if required
  • For sale at offers in the region of 225,000 for the freehold of the whole building
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Former Post Office, 19 Beachfield Road, Sandown

PRN: 207545

Former Post Office
  • Highly visible former Ground Floor Post Office unit with on-street parking to the front
  • Substantial unit with some outdoor space which may lend itself to restaurant or caf use s.t.p.
  • Unit runs to a total of 153m (1,646 ft) including staff facilities
  • Available by way of a New Lease at 15,750 per annum.
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The Aviator At Isle Of Wight Airport, Scotchells Brook Lane, Sandown

PRN: 202771

The Aviator at Isle of Wight Airport
  • Located overlooking Sandown Airport
  • Recently built on the previous site of the former Aviator restaurant that was sadly burned down several years ago
  • Unit runs to a total of 405m (4,359 ft) GIA plus an extensive paved outside area
  • Offered by way of a New Lease at 35,000 per annum
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Wight Beauty, 9 High Street, Shanklin

PRN: 200421

Wight Beauty
  • Well established business in the centre of Shanklin
  • Currently offering a wide range of beauty treatments for nails, massages, cosmetics, piercings etcetera
  • Business For Sale due to the current owner retiring and emigrating
  • For Sale with offers invited "in the region of" 15,000 for the business, ffgw plus stock at valuation
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14 To 16, High Street, Shanklin

PRN: 200969

14 to 16
  • Prominent retail space close to Regent Street in the heart of Shanklin
  • Available as 1 large unit or could be split to form 2 separate smaller units
  • Total space available runs to approximately 159m (1,712 ft) or could be split (see below)
  • Available by way of a New Lease at 18,000 per annum for the whole unit or at 11,000 per annum and 9,000 if split (see below). Alternatively For Sale at Oiro 190,000 for whole ground floor unit
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61 , High Street, Shanklin

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 a New Lease at 6,000 p.a.
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5 (former Hsbc Bank) 215435, Regent Street, Shanklin  - UNDER OFFER

PRN: 215435

5 (former HSBC Bank)                     215435
  • Former HSBC Bank premises occupying an area of high footfall in Shanklin's Prime Shopping area of Regent Street
  • In one of the most sought after locations in the South Coast conurbation and supported by Lloyds Bank, Hursts, Boots and the Co-Operative
  • The unit runs to approx. 112.5m overall (1,210 ft) including staff facilities
  • Available from January 2017 by way of a New Lease at 12,500 per annum.
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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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The Central , 64 High Street, Ventnor

PRN: 200057

The Central
  • Opportunity to purchase ground floor and basement premises with kitchen facilities
  • Located in the centre of Ventnor next door to Tesco Express & opposite the town's main central car park
  • The ground floor public areas run to approximately 168m (1,808 ft) plus toilet facilities and kitchen area, supported by similar sized basement/cellar below
  • For Sale at offers "in the region of" 175,000. A lease of the premises may be considered. All terms by separate negotiation.
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Restaurant Premises 206765, Forresters Hall, High Street, Yarmouth

PRN: 206765

Restaurant Premises               206765
  • Outstanding opportunity to take over restaurant space in Yarmouth's busy High Street
  • The unit can cater comfortably for 30 covers arranged over first floor and mezzanine
  • Ideal owner operator business with modest overheads
  • Available by way of an assignment of the existing lease at 9,828 per annum to include some kitchen equipment and furniture. An inventory of additional fixtures & fittings is available to buy by separate negotiation.
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