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
  • 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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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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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
  • 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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2 206577, St Thomas Square, Newport

PRN: 206577

2                                                     206577
  • A rare opportunity to acquire a substantial premises in St Thomas Square in the centre of Newport
  • Prominent location and currently used as restaurant but would suit retail use subject to relevant consents if required
  • Unit runs to a total of approximately 107m (1,151 ft)
  • Available by way of a New Lease at 22,500 per annum.
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Former Restaurant & Bar, 18 St Thomas Square, Newport

PRN: 200964

Former Restaurant & Bar
  • Former Caf and Bar in the heart of Newport set in the vibrant location of St Thomas Square
  • Potential dining on ground and first floor plus storage area on the 2nd floor with potential for further seating outside
  • The property would suit Caf, Bistro, Bar or Retail use and is amongst many other specialist retailers, restaurants and bars
  • New Lease Available. Rent Year 1: 15,000 p.a. increasing to 20,000 p.a. in Year 5. In addition a 3 month rent free period is offered in Year 1
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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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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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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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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 a guide price in excess of 200,000 for the long leasehold interest. If not sold prior the property will go to auction with Clive Emson Auctioneers Thursday 15th December 2016 at the Ageas Bowl Southampton
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21, Cross Street, Ryde  - UNDER OFFER

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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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 80,000.
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Cafe Premises At 200068, 64 George Street, Ryde

PRN: 200068

Cafe Premises at                                    200068
  • Very prominent cafe, on the corner of Cross Street and George Street Ryde
  • The unit benefits from views down George Street to the seafront and The Solent
  • The unit runs to a total of circa 56m (602 ft) on the ground floor plus a substantial basement area, currently not utilised
  • Ingoing premium sought for the fixtures and fittings of 22,500 plus a New Lease at 7,750 per annum
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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 18,750 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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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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30 218615, High Street, Shanklin

PRN: 218615

30                                                              218615
  • Well presented vacant shop unit centre of Shanklin High Street, adjacent to Nat West Bank
  • Sitting in an area recently boosted by the small pedestrianised area opposite to this property
  • Unit runs to a total of 77.5m (834 ft)
  • Offered by way of a New Lease at 7,500 per annum
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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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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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