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

INVESTMENT OPPORTUNITIES

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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Sale Of The Investment At 221560 , 5 To 7 High Street, Bembridge

PRN: 221560

SALE OF THE INVESTMENT AT          221560
  • Mixed use investment with potential development opportunity subject to planning
  • Building comprises ground floor retail premises, first floor offices, soon to be 'retired' toilet block to rear of building, rear yard and storage buildings
  • Current rental income 11,810 per annum plus future potential income from redevelopment of toilet block and rear yard
  • For Sale with offers invited "in the region of" 185,000 for the Freehold interest
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Four Winds Dairy, Calbourne

PRN: 206095

FOUR WINDS DAIRY
  • Family run business established since 1987
  • Currently run from Calbourne and covering the West Wight Area
  • Sale includes a 10ft x 12ft Cold Room/Refrigerated Unit
  • For Sale with offers invited in the region of 25,000 for the benefit of the Business, Client Base and Cold Room
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Highly Successful, Pub And Restaurant, Centre Of Island

PRN: 203416

Highly Successful
  • Large character Pub and Restaurant with Beer Garden and on-site parking
  • Separately accessed substantial 3 bedroom owner's accommodation
  • The pub can cater for 100 covers internally plus a further 100 covers outside
  • For Sale with offers invited "in the region of" 195,000 for the leasehold, ffgw + s.a.v.
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21- 23, Shooters Hill, Cowes  - UNDER OFFER

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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Investment Of 221167, 2 To 4 Clarence Road, East Cowes

PRN: 221167

INVESTMENT OF                         221167
  • Building located in the heart of East Cowes close to the Co-Operative
  • Comprising ground floor retail unit with flats on the upper floors
  • Ground floor shop unit runs to circa 73.4m (790 ft)
  • For Sale with offers invited "in the region of" 275,000 for the Freehold of the building, subject to existing tenancies
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Investment Of 219508, Whittingham Place, Avenue Road, Freshwater

PRN: 219508

INVESTMENT OF                        219508
  • Whole building for sale in Avenue Road in the centre of Freshwater
  • 3 x residential flats over 1st & 2nd floors with 3 x retail units on the ground floor
  • Current income for the residential and the commercial elements is 32,460 per annum
  • For Sale with offers invited "in the region of" 445,000 for the Freehold of the property, subject to the existing tenancies
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The Gate Bar & Bistro, Sandpipers Hotel , Coastguard Lane, Freshwater Bay

PRN: 205622

The Gate Bar & Bistro, Sandpipers Hotel
  • Very rare opportunity to acquire a whole building in Freshwater Bay
  • Building comprises ground floor Restaurant & Bar with separately accessed One Bedroom Flat over
  • Ground Floor Restaurant/Bar area runs to a total of approximately 105.5m (1,135 ft) plus garden area
  • For Sale with offers invited "in the region of" 310,000 for the Freehold interest of the property
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Investment Opportunity At, 18 Sandown Road, Lake

PRN: 216564

INVESTMENT OPPORTUNITY AT
  • Retail Units, Flats and Chalet Bungalows located in the centre of Lake, close to the junction of Sandown Road and Newport Road
  • Investment comprises 2 retail units, 2 x 2 bedroom flats, 2 x 1 bedroom flats and 2 x 2 bedroom chalet bungalows
  • Total passing rent currently at 46,440 per annum
  • For Sale with offers invited "in the region of" 690,000
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Site At Merrie Gardens 205575, (rear Of Marstons) Newport Road, Lake

PRN: 205575

Site at Merrie Gardens                     205575
  • Substantial area of commercial land located in Lake, in the centre of the Sandown, Shanklin, Lake connurbation
  • Site already supported by a newly built Marstons Inn, Premier Inns Hotel (under construction) and adjacent a proposed site for Aldi
  • Approximately 11 acres located off one of the busiest Island roads A3056 linking Newport to Shanklin, Sandown and Lake
  • For Sale or To Lease in whole or in part. Price on Application
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Central Meats Building 204899, 64-65 Pyle Street, Newport

PRN: 204899

Central Meats Building            204899
  • Currently mixed use premises with potential for residential development subject to planning & any other relevant consents
  • Substantial premises over 2 floors facing both Pyle Street and Scarrots Lane to the rear
  • Total existing built stock runs to approx. 414m including approx. 68 m of covered yard predominantly occupied by a freezer
  • For Sale with offers invited "in the region of" 300,000 SUBJECT TO PLANNING
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Forget-me-not 200397, 69-70 St James Street, Newport

PRN: 200397

Forget-Me-Not                                           200397
  • A thriving and well established business in a very well maintained property
  • A clean and attractive trading style majoring on greetings cards, artists materials and associated items
  • The ground floor runs to a total of approximately 195.4m (2,103 ft)
  • For Sale with offers invited "in the region of" 125,000 for the business, ffgw plus 185,000 for the leasehold interest of the g/floor. Alternatively available on a New Lease at 17,500 p.a. plus 125,000 for the business,ffgw
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The Robin Hood Inn 204777 28, 9 Robin Hood Street, Newport  - UNDER OFFER

PRN: 204777

The Robin Hood Inn            204777   28
  • Rare opportunity to acquire a Freehold pub in Newport located on the Pan Estate
  • Ground floor pub, beer garden, parking and separately accessed first floor 3 bedroom flat
  • Ground Floor pub runs to circa 152m (1,636 ft) including kitchen, toilets and store room. The pub sits on a site of approx. 1,075m (just over 1/4 acre)
  • For Sale Freehold with offers invited "in the region of" 235,000
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Exchange House 213167, St Cross Lane, Newport

PRN: 213167

EXCHANGE HOUSE                             213167
  • Substantial main office building with two further satellite office buildings, and parking, in the centre of Newport
  • Currently occupied by 4 different established companies on leases of varying length (2 units vacant)
  • Current total income is 64,240 per annum with a potential income of 79,240 per annum
  • Price Reduced to 725,000 for the Freehold (subject to existing tenancies) showing a gross return of 8% currently or 9% fully let
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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 runs to circa 52.1m (560 ft) held on an informal 1 month rolling lease
  • There are 2 flats over, 1 sold off and the other rented at 325 pcm plus a 1 bed house paying 400 pcm
  • For Sale with offers invited "in the region of" 183,000 for the freehold of the whole property or 40,000 for the ground floor shop only
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Investment 203982, Whole Building, Ryde

PRN: 203982

INVESTMENT                                          203982
  • Opportunity to buy the Investment of a whole building in the centre of Ryde
  • Located amongst a variety of specialist retailers and eateries
  • The ground floor retail unit runs to a total of circa 43m (462 ft) including storage space to the rear
  • Whole Building For Sale (subject to existing tenancies) at 330,000 for the Freehold interest of the building
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17, Cross Street, Ryde

PRN: 150619

17
  • Tenanted ground floor shop unit in popular location in Cross Street, Ryde
  • The unit is currently trading under A1 retail and runs to a total of 60.9m (655 ft)
  • Current passing rent of 7,992 p.a. with 5 years remaining on the lease
  • For Sale with offers invited "in the region of" 95,000 for the benefit of the long leasehold interest of the building with 850 years remaining
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Former Ryde Youth Centre 215798 18, 97 High Street, Ryde  - UNDER OFFER

PRN: 215798

Former Ryde Youth Centre            215798  18
  • 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
  • The Isle of Wight Council are now inviting Best & Final Offers for the property by 11th April 2018 at 1.30pm. Guide Price 185,000 for the Freehold.
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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 retail unit with 1 to 2 bedroom flat over with planning to create separate side entrance if required
  • Ground Floor Shop unit runs to approximately 31m (333 ft)
  • For Sale with offers invited "in the region of" 125,000 for the freehold interest of the building
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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 runs to a circa 46m (495 ft) of retail space plus toilet facility to the rear
  • Let on a New 5 Year FR&I Lease from 08 July 2017 at a rental of 6,750 per annum
  • For Sale "offers in the region of" 69,000 subject to the existing tenancy
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120, High Street, Ryde

PRN: 209502

120
  • Located towards the Western end of Ryde High Street
  • Building comprises ground floor retail unit plus 4 flats over on 2 floors
  • Current total gross income for the building is 26,400 per annum
  • For Sale with offers invited "in the region of" 295,000 for the freehold of the building subject to the existing tenancies
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Whole Building 209753, High Street, Sandown

PRN: 209753

WHOLE BUILDING                       209753
  • Commercial and Residential Investment property in busy location in South Coast seaside town
  • Commercial unit on the ground floor with 4 flats arranged over 3 floors
  • Current income of 28,968 per annum
  • For Sale with offers invited "in the region of" 325,000 for the Freehold of the whole building, subject to existing tenancies, showing a Gross Return of 8.9%
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Site At Savoy Court , Avenue Road, Sandown

PRN: 208205

Site at Savoy Court
  • Rare opportunity to acquire a substantial in-town site with sea views
  • Site running close to half an acre with some elements benefitting from sea views
  • Site benefits from outline planning under P/01281/14 for 19 apartments. However site could lend itself to alternative schemes s.t.p.
  • For Sale. Price on Application
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Plot To Side Of Curraghmore Hotel, 22 Hope Road, Shanklin

PRN: 220684

PLOT TO SIDE OF CURRAGHMORE HOTEL
  • Located in Hope Road, Shanklin, just before the descent to the Esplanade
  • Proposed scheme is for 8 x flats over 3 floors all benefitting from panoramic sea views and balconies or gardens
  • Outline planning for proposed development of 8 units running to 485 m GIA under TCP/02672/S, P/01285/17
  • For Sale with price NOW REDUCED to "offers in the region of" 485,000 for the Freehold of the site
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Investment At 221045, 34 Atherley Road, Shanklin

PRN: 221045

INVESTMENT AT                        221045
  • Well presented, substantial building comprising 7 flats
  • A mix of one and two bedroom properties all currently let on 6 monthly AST's
  • Current passing rent is 2,526 pcm equating to 30,312 per annum gross
  • For Sale with offers invited "in the region of" 435,000 for the freehold of the property
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Summerhill Apartments, 4 Culver Road, Shanklin

PRN: 204073

Summerhill Apartments
  • Detached former Victorian gentleman's residence tastefully converted and operating as 6 self-catering holiday apartments
  • Established business set on a private road off the Coastal Footpath and affording stunning sea views
  • Accommodation for up to 22 guests, plus cots, with 3 bedroom owner's accommodation, parking and gardens
  • Available for sale with offers now invited "in the region of" 690,000 for the premises, ffgw
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Oakdene, 2 Hatherton Road, Shanklin

PRN: 209483

Oakdene
  • Well presented residential investment property with owner's accommodation
  • Set close to the heart of Shanklin in a well thought of residential area
  • Property comprises 3 x 1 bedroom flats plus 2 bedroom owner's accommodation currently generating 17,580 per annum
  • For Sale with offers invited "in the region of" 350,000 for the freehold interest, subject to existing tenancies
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Investment At 221721, 67 Regent Street, Shanklin

PRN: 221721

INVESTMENT AT                     221721
  • Well placed shop premises in arguably one of the busiest shopping streets in the Sandown, Shanklin, Lake area
  • The building comprises ground and first floor retail plus 2 x residential flats both sold off on long leaseholds with a peppercorn rent of 10 p.a. each
  • Commercial premises run to approximately 62.8 m (677 ft) at a current passing rent of 9,340 per annum
  • For Sale with offers invited "in the region of" 105,000 for the freehold interest of the premises
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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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Investment Sale Of 203364, 5/5a High Street, Ventnor  - UNDER OFFER

PRN: 203364

INVESTMENT SALE OF                  203364
  • Freehold of mixed commercial and residential investment building in the centre of Ventnor
  • Ground floor retail unit plus the freehold interest of the whole property including 2 flats, store & further commercial unit all sold off
  • Ground floor shop on 10 year lease at 7,000 pa, rising to 7,750 December 2017 for remaining 5 years. All other elements held on 99 year leaseholds with 70 years remaining.
  • For Sale with offers invited "in the region of" 89,000 for the Freehold interest of the whole property showing a gross return of 8.7% from December 2017
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Perks, 46 High Street, Ventnor

PRN: 203491

PERKS
  • Located in highly visible position opposite Spring Hill with public car parking adjacent
  • Building comprising ground floor pub/restaurant with flat on first floor & further flat on lower ground floor with storage, both with terraces
  • Ground Floor commercial space runs to circa 73.1m (786 ft) & whole building runs to circa 213m (2,292 ft) in total
  • Whole Building For Sale Freehold with offers invited "in the region of" 435,000 for the business, goodwill, trade fixtures amd non personal fittings plus s.a.v.
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Development Of The Wellington Hotel , Belgrave Road, Ventnor

PRN: 218539

DEVELOPMENT OF THE WELLINGTON HOTEL
  • Former Wellington Hotel occupying a plot with panoramic sea views over Ventnor Bay and the English Channel
  • Located in Belgrave Road, within a short walk of Ventnor Town Centre
  • Planning permission to change/convert the existing building to provide 13 x self-contained holiday apartments under TCP/23445/A
  • For Sale with a guide price of 700,000 to 750,000 for the freehold of the site. To auction with Clive Emson Auctioneers 3rd May 2018 if not sold prior
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