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 and lease back to the existing owner for 3 years.
  • 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" 110,000 for the freehold interest of the ground floor premises with a lease back of the property for 3 years at 8,400 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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Convenience Store 218665 , East Cowes  - UNDER OFFER

PRN: 218665

CONVENIENCE STORE                    218665
  • Very successful convenience store business, with lottery outlet and whole building for sale
  • Building benefits from substantial four bedroom flat over with large garden to rear
  • Shop runs to circa 70.5m (759 ft) plus kitchen and office with parking to the front of the property
  • For Sale at offers "in the region of" 395,000 for the business and the freehold interest of 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 by way of a New Lease at 6,000 per annum or For Sale at Oiro 90,000
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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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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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Former Nightclub Premises, 9 Bowling Green Lane, Newport  - UNDER OFFER

PRN: 204902

Former Nightclub Premises
  • Former remodelled Nightclub, Bar and Live Music Venue, previously licensed to cater for 320
  • Located in the heart of Newport, on the edge of the Island's main bus interchange
  • Suitable for a multitude of uses, subject to planning
  • Available by way of a New Lease at 22,000 per annum. The ingoing tenant will be asked to contribute towards the landlord's costs in setting up the new lease.
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1, Watchbell Lane, Newport

PRN: 203709

1
  • Opportunity to rent a character lock-up shop in Watchbell Lane in the centre of town
  • Located just off Newport High Street amongst a variety of specialist retailers
  • Unit runs to approximately 15.5m (167 ft)
  • Offered by way of a New Lease at only 85 per week 4,400 per annum
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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, if required
  • Available by way of a NEW INTERNAL REPAIRING ONLY LEASE at 625 pcm (7,500 p.a.). Alternatively Units 1 & 3 together at 1,000 pcm (12,000p.a.) Rents are subject to VAT and service charge
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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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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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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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143, High Street, Newport  - UNDER OFFER

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 vacant offering redevelopment potential s.t.p.
  • Ground Floor Unit runs to a total of 159.3m (1,715 ft) which is 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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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 approximately 35.9m (386 ft) including a small kitchen and toilet
  • Available on a NEW INTERNAL REPAIRING ONLY LEASE at 542 pcm (6,500 p.a.) plus VAT & service charge.
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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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147, High Street, Ryde  - UNDER OFFER

PRN: 210339

147
  • Well presented shop opposite Iceland in Ryde High Street
  • Unit benefits from a 5.4m (17.5 ft) fully glazed frontage to the High Street
  • Unit runs to a total of 62.8m (675 ft) including kitchen and staff facilities and benefits from 1 parking space to the rear
  • Available by way of a New Lease at 9,750 per annum
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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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22, Cross Street, Ryde

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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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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75, Union Street, Ryde

PRN: 202930

75
  • Rare opportunity to acquire whole building in Union Street, Ryde
  • The building offers development/investment opportunities as the first floor offices would lend themselves for conversion to residential use, subject to relevant consents
  • The building comprises top floor flat, first floor offices, ground floor and basement retail. The retail and basement area runs to circa 172m (1,851 ft)
  • For Sale with offers invited "in the region of" 295,000
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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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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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29, High Street, Sandown  - UNDER OFFER

PRN: 206486

29
  • Retail premises located in prime area of Sandown High Street
  • The unit benefits from a 7 metre frontage supported by prominent covenants such as Sainsbury's Local and Lloyds Bank
  • The unit runs to a total of 97.3m (1,047 ft) including storage and staff facilities
  • Offered by way of a New Lease at 14,500 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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Hideaway Cafe 202680, St Boniface Cliff Road, Shanklin

PRN: 202680

HIDEAWAY CAFE                       202680
  • Lifestyle opportunity to buy a freehold Cliff Top Caf with far reaching views across Sandown Bay
  • Unit is set on the Coastal Path and benefits from good sized garden with outdoor tables and chairs
  • Property runs to a total of 83.7m (939 ft) including kitchen and staff facilities
  • For Sale with offers invited in the region of 99,000 for the Freehold of the property, fixtures and fittings.
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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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55 54775 , High Street, Shanklin

PRN: 54775

55                                                              54775
  • Rare opportunity to purchase a whole building in Shanklin High Street
  • Substantial building over 4 floors with basement, ground & first floors currently with commercial use plus a top floor 2 bedroom flat
  • Basement, Ground Floor and First Floor run to a total of circa 318m (3,423 ft) with the top floor flat running to circa 100m (1,078 ft)
  • For Sale with offers invited in the region of 325,000 for the freehold interest of the whole building
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5 (former Hsbc Bank) 215435, Regent Street, Shanklin

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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Blueberry's, Cliff Path, Shanklin

PRN: 208331

Blueberry's
  • Newly fitted 20 seater, licensed caf with seating for a further 45 outside
  • Easily accessible and adjacent to a Council car park sat on the Cliff Path between Shanklin and Sandown
  • Extensively equipped business in an exceptional location with potential to expand trading hours
  • For sale at "offers in the region of" 170,000 for the freehold property, ffgw plus s.a.v.
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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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Former Phileas Foggs Restaurant 201488, 11 High Street, Ventnor  - UNDER OFFER

PRN: 201488

Former Phileas Foggs Restaurant         201488
  • Prominent and well placed restaurant in the heart of Ventnor
  • Benefits from 3 bedroom flat over with courtyard
  • Restaurant catering for up to 40 covers. Ground Floor total 0.3m(756 ft)
  • For Sale with offers invited in the region of 295,000 for the freehold interest. Alternatively a rental of the premises would be considered. Price on Application
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