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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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" 295,000 for the leasehold, ffgw + s.a.v.
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Filmandtvstuff 220270, 35 High Street, Cowes

PRN: 220270

FILMANDTVSTUFF                         220270
  • Predominantly on-line business which could be traded from any location, but presently trading in Cowes
  • Currently trading mainly from an industrial unit on the outskirts of the town with a shop front in the town centre
  • The industrial unit has a rent of 6,000 p.a. (holding over on the lease)
  • For Sale with offers invited "in the region of" 65,000 for the ffgw and the Website
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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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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 element is 20,400 p.a. plus 9,960 p.a. for the 2 commercial elements on the ground floor
  • 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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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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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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Redevelopment Opportunity 206289 08, Premises Over 60 Pyle Street, Newport  - UNDER OFFER

PRN: 206289

Redevelopment Opportunity             206289  08
  • Formerly first floor office space located in Pyle Street, just off St James Square in the centre of town
  • Opportunity, subject to planning, for a change of use to residential use and form 2 units
  • The space runs to approximately 148m (1,593 ft) predominantly over one floor
  • For Sale with offers invited "in the region of" 105,000 for the property
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First & Second Floors, 114 Pyle Street, Newport  - UNDER OFFER

PRN: 201754

First & Second Floors
  • Offices previously occupied by Barclays Bank in the heart of Newport
  • Immaculately presented offices over 2 floors running to approx. 330m (3,552 ft) including staff facilities
  • May lend itself to be re-developed potentially for 6 x residential flats subject to any relevant consents
  • Offered by way of a New Lease at 20,000 per annum or For Sale at "offers in the region of" 248,000
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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 350,000 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" 105,000 for the benefit of the long leasehold interest of the building with 850 years remaining
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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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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 Ryde Youth Centre 215798 18, 97 High Street, Ryde

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  - UNDER OFFER

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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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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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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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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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 offers invited "in the region of" 520,000 for the Freehold of the site
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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 invited "in the region of" 745,000 for the premises, ffgw
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The Central , 64 High Street, Ventnor

PRN: 200057

The Central
  • Opportunity to buy or to lease 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 or To Lease at 17,500 per annum.
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Former Phileas Foggs Restaurant , 11 High Street, Ventnor

PRN: 201488

Former Phileas Foggs Restaurant
  • 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 at a guide price of 220,000 to 230,000 for the freehold interest. To auction with Clive Emson Auctioneers on 3rd May 2018 if not sold prior.
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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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Investment Sale Of 203364, 5/5a High Street, Ventnor

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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