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

PRN: 51371

53  (Island Fine Arts)                                  51371
  • Rare opportunity to purchase a retail unit in the centre of Bembridge
  • 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 freehold interest of the ground floor premises. The flat over is held on the balance of a 999 long leasehold
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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 by way of a New Lease at 6,000 per annum or For Sale at Oiro 90,000
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Vacant Unit At, Avenue Road, Freshwater

PRN: 202203

Vacant Unit at
  • Affordable retail unit in Freshwater's main retail strip
  • May suit other uses such as caf or takeaway, subject to planning
  • Unit runs to a total of approximately 26.8m (289 ft)
  • A New Lease is available at 4,160 per annum. All terms by negotiation
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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  - UNDER OFFER

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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Restaurant, Outskirts Of Newport , Newport

PRN: 206163

Restaurant
  • Located on the outskirts of Newport well placed to benefit from the large population of this part of the Island
  • Recently completely refurbished restaurant including the fully equipped kitchen
  • The premises run to approx. 105m (1,130 ft) including toilet & kitchen facilities. Restaurant is able to cater for 50+ covers
  • For Sale at 17,500 for the leasehold, fixtures & fittings, including the stock on completion. Our client will also cover the rent and rates until 1st April 2017.
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5 Grays Walk, Pyle St, Newport  - UNDER OFFER

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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1 ( Or 1 And 3), Grays Walk, Newport  - UNDER OFFER

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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Former Nightclub Premises, 9 Bowling Green Lane, Newport

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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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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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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Unit At, 9 Bowling Green Lane, Newport

PRN: 209301

Unit at
  • Unit fronting Newport's busy bus station and adjacent to the South Street Retail Park
  • Well placed for use as a Caf or Take Away Business, s.t.p. in Newport's Town Centre Bus Interchange
  • Unit runs to a total of 106m (1,140 ft) including staff facilities with a contribution available towards refurbishment from the Landlord, s.t.terms
  • Available by way of a New Lease at 9,800 per annum for Years 1 and 2 of the lease and further discounted to half rent for the first 2 months of Year 1.
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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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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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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" 250,000 for the long leasehold interest. If not sold prior the property will go to auction with Clive Emson Auctioneers Friday 4th November 2016
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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 now with planning to create separate side entrance
  • Ground Floor Shop unit runs to approximately 31m (333 ft)
  • For Sale with offers invited "in the region of" 128,000 for the freehold interest of the building. Alternatively the shop and flat are offered To Lease at 10,500 p.a.
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21, Cross Street, Ryde

PRN: 201284

21
  • Shop to let in Cross Street Ryde, in the heart of the town
  • The unit is adjacent to a bus stop and the entrance to a public car park and therefore benefits from a heavy footfall
  • The unit runs to a total of 43m (462 ft) including staff facilities
  • Available by way of a New Lease at 6,750 per annum. Rent Incentive for Year 1 to 5,500 p.a.
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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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Level Hair & Beauty, 4 St Thomas Square, Ryde

PRN: 205192

LEVEL HAIR & BEAUTY
  • Successful hairdressing and beauty business for sale due to retirement
  • Whole building for sale arranged over 3 floors plus basement
  • Building runs to circa 99m (1,065 ft) plus the basement
  • Business and Premises For Sale at offers "in the region of" 240,000
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46, Union Street, Ryde  - UNDER OFFER

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 NOW with A3 planning (restaurant/caf) granted
  • 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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Bombay Palace, Appley Rise, Ryde

PRN: 217655

BOMBAY PALACE
  • Prominent & striking landmark restaurant premises located overlooking the Boating Lake on Ryde Esplanade
  • Location benefits from free on-street parking after 6.00 pm & footfall from town centre & adjacent beaches
  • Well appointed & finished restaurant. 120 covers on 2 floors inside plus 32 outside. Lift installed to first floor
  • To Lease. Rent incentives offered. 16,000 Yr 1 plus rent free period of 2 months, slowly increasing to 20,000 by Yr 5. A premium of 5,000 sought for use of fixtures, fittings & equipment. Alternatively For Sale Oiro 330,000
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105, High Street, Ryde  - UNDER OFFER

PRN: 200394

105
  • Rare opportunity to acquire a unit with A3 planning consent in Ryde High Street
  • Well equipped and able to be opened and trade virtually straight away as a take away restaurant
  • Unit runs to a total of 57.2m (615 ft) including preparation area, wc and store
  • Available by way of a New Lease at only 125 per week including the equipment
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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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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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9, Regent Street, Shanklin

PRN: 214653

9
  • Well located retail unit close to the Nat West Bank, Boots The Chemist and Ladbrokes
  • Excellent opportunity in this busy location with a frontage of 4.4 metres to Regent Street
  • Retail unit runs to a total of 60m(645 ft) including store and staff facilities
  • Available by way of a New Lease at 10,400 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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Former Phileas Foggs Restaurant 201488, 11 High Street, Ventnor

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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