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Retail and Shops

Lock-up Shop in Ever-Popular Avenue Road

Former Retro & New Avenue Road, Freshwater, Isle of Wight, PO40 9UT

£6,240 per annum

Key features

  • Lock-up shop located in Avenue Road, amongst many local retailers and eateries
  • The unit runs to a total of circa 50.7m² (545.7ft²) including staff facilities
  • Attractive unit located in the centre of this busy West Wight town
  • Available by way of a new lease, with a rent of £6,240 per annum (£120 per week). We understand that the rent is plus VAT
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Location

Located in the centre of Freshwater with a glazed frontage to Avenue Road, the town's busiest shopping street. Freshwater is the most important town in the West of the Island with an immediate population of around 5,000. The geographic features of the area - Tennyson Down, Alum Bay and Yarmouth Harbour amongst others - attract a wide range of tourists as the season for the purely beach holiday extends by walkers, sailors, cyclists, fishermen and golfers on Freshwater's cliff top course as well as those pursuing the cultural history of the area with Alfred Lord Tennyson and Julia Margaret Cameron amongst the Victorian artistic community.

Description

Ground floor lock-up retail unit, with a shop area to the front, and storage/office space behind this, incorporating staff WC facilities. The premises presents well, with little work required to prepare for trading for a new occupier. It may be possible to alter the internal layout to increase the retail area and reduce the size of the storage room if desired, subject to any necessary building regulations, planning consents and permissions.

Terms

Offered by way of a new lease, with a rent of £6,240 per annum (£120 per week). We understand that the rent is plus VAT. All other terms by negotiation.

Uniform Business Rate

Rateable Value: £4,150

2023/2024: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com

Retail and Shops

Lock-up Shop in Ever-Popular Avenue Road

Former Retro & New Avenue Road, Freshwater, Isle of Wight, PO40 9UT

£6,240 per annum

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