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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35, High Street, Cowes

PRN: 201893

35
  • Smartly presented shop located in the heart of Cowes' pedestrianised High Street
  • Supported by coventants such as Henri Lloyd, Nationwide Building Society, Ladbrokes and many specialist retailers and eateries
  • The unit runs to a total of approximately 38m (410 ft)
  • Offered by way of an assignment of the existing 5 year lease. Current Rent 12,000 per annum
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Commercial Unit A 221605, Osborne Court, The Parade, Cowes  - UNDER OFFER

PRN: 221605

COMMERCIAL UNIT A                            221605
  • Prominent commercial unit on the ground floor of Osborne Court, overlooking The Parade, Cowes
  • Benefits from a substantial glazed frontage of approximately 11.8 metres (38.7 feet)
  • Unit runs to a total of circa 87.2m (938 ft)
  • For Sale at "offers in the region of" 145,000 for the long leasehold interest of the property
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Shipmates 222205, 4 High Street, Cowes

PRN: 222205

SHIPMATES                               222205
  • Rare opportunity to acquire long established sailing clothing business in a prime location in Cowes High Street
  • Established for over 25 years and highly profitable business
  • Unit runs to a total of 68.3m (735 ft) including staff facilities & storage. Held on the residue of a 15 yr lease. Current Rent 12,000 p.a.
  • Available For Sale with offers invited "in the region of" 50,000 for the business, fixtures, fittings and goodwill, plus s.a.v. simultaneous with an assignment of the existing lease
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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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Former Vectis Vapes Unit 222189 34, Avenue Road, Freshwater

PRN: 222189

Former Vectis Vapes Unit                222189   34
  • Detached well located commercial premises in Avenue Road in the centre of Freshwater
  • Unit benefits from a generous glazed frontage with on-street parking adjacent
  • Unit runs to a total of 58.1m (625 ft) and is available on an assignment of the existing lease
  • Available at a current passing rent of 7,250 p.a. on an assignment of the current lease to March 2027
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The Cabin 204512, Avenue Road, Freshwater

PRN: 204512

The Cabin                                          204512
  • Well established traditional newsagents in the centre of Freshwater
  • Alongside newspapers, the business also sells traditional sweets, cards and gifts and is a Dry Cleaning drop-off point
  • Shop runs to circa 37.4m (402 ft) with a generous display window to Avenue Road
  • For sale with offers invited in the region of 75,000 for Freehold of the building, the business, ffgw + s.a.v.
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Nisa Convenience Store At 201473, 23 Worsley Road, Gurnard

PRN: 201473

NISA CONVENIENCE STORE AT          201473
  • Long established and very successful convenience store located in the centre of Gurnard, Nr West Cowes
  • Very consistent turnover over the last 3 years achieving strong profitability
  • Premises run to circa 89m (957 ft) including kitchen and staff facilities and benefits from a forecourt area to the front providing outdoor sales area for vegetables etc.
  • Business For Sale at Oiro 150,000 ffgw. Plus s.a.v. Simultaneous with a New Lease at 12,500 p.a.
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Shop Premises, High Street, Newport

PRN: 200146

SHOP PREMISES
  • Retail premises Newport High Street close to Prezzo, Poundland and Poundstretcher benefitting from a change of use from A1 to A3 under P/00948/18 if required
  • Substantial premises predominantly ground floor with first floor space and an initial frontage to Newport High Street of approx. 7.6m (24.9 ft)
  • The unit runs to a total of 288.1m (3,101 ft) with approx. 199m (2,147 ft) being on the ground floor. The unit runs to approx. 106.6m (1,146 ft) in terms of Zone A
  • Available by way of a New Lease at 37,500 per annum. Potential to rent the Ground Floor ONLY by separate negotiation. The Freehold interest may also be available, details upon request.
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121, High Street, Newport  - UNDER OFFER

PRN: 217133

121
  • Shop unit in Prime location in Newport High Street adjacent to Boots the Chemist & EE and opposite to Clinton Cards
  • Double fronted unit with large display windows and recessed glazed entrance of 6.3 metres (20 feet)
  • Ground Floor runs to a total of 216.1m (2,326 ft) including storage area, kitchen & staff wc. The main retail area runs to 145m (1,570 ft) equivalent to 81.1m in terms of Zone A
  • Available by way of a New Lease at 39,000 per annum. Incentives may be available subject to terms
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11a 205112 24, St Thomas Square, Newport

PRN: 205112

11A                                             205112    24
  • Located in St Thomas Square, home to the weekly Farmer's Market and close to many specialist retailers and eateries
  • Highly popular and busy area in the centre of the County town with high footfall
  • The unit runs to a total of approximately 36m (387 ft) including staff facilities with the main retail area running to circa 29m (312sqft)
  • Available by way of a New Lease at 8,500 per annum. All terms by negotiation.
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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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Ground Floor Unit 222241, 62 High Street, Newport

PRN: 222341

Ground Floor Unit                        222241
  • Opportunity to lease a large retail unit in Newport High Street
  • The unit sits directly opposite Prezzo with Poundland, Poundstretcher, Tui Holidays and B&M Stores all adjacent
  • The unit offers 10,000 square feet of prime retail space with designated service yard to the rear
  • Available by way of a New FR&I Lease at 125,000 per annum exclusive
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5 Grays Walk, Pyle St, Newport

PRN: 200160

5 Grays Walk
  • Opportunity to rent a lock up unit in Gray's Walk, Newport with a return frontage
  • Busy Location in Pyle Street ajacent to the rear of B & M Stores with on-street parking outside
  • Unit runs to some 30.1m (308 ft) including WC and staff facilities
  • Available by way of a new lease at 8,400 p.a. including VAT. Plus Service Charge. SHORT TERM LET AVAILABLE SUBJECT TO TERMS
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146, High Street, Newport  - UNDER OFFER

PRN: 200122

146
  • Building comprising ground floor retail with 3 further floors over Central Newport
  • Upper floors formerly with office & residential use offering potential for redevelopment s.t.p.
  • Ground floor retail unit runs to a total of circa 86.83m (928 ft)
  • For Sale with offers invited "in the region of" 210,000 for the freehold. Lease option subject to terms for whole building or split.
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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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30, High Street, Newport

PRN: 200126

30
  • Character shop unit with high footfall being adjacent to St Thomas Square
  • Double fronted unit next door to Watson Bull & Porter Estate Agents, with a frontage of 6.9 metres to Newport's busy High Street
  • Unit runs to a total area of 62.4m (671 ft) including staff facilities
  • Offered by way of a New Lease at 14,000 per annum plus VAT. First Year Incentives available subject to terms
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47, High Street, Newport  - UNDER OFFER

PRN: 200137

47
  • High profile shop unit in Newport High Street close to Monsoon, Trespass, Waterstones & Halifax
  • Grade 11 listed property with a total floor area of 108 m (1,161 ft)
  • Ground floor shop runs to a total of 58m (602 ft), currently sub-divided with partition walls
  • Available by way of a New Lease for the Ground Floor at 16,500 per annum, alternatively For Sale at "offers in the region of" 195,000
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22, Cross Street, Ryde

PRN: 200868

22
  • Shop in prominent location close to the junction of Cross Street with Union Street and the High Street
  • Prominent location set amongst many established retailers and adjacent to bus stop & public car park
  • The unit runs to a circa 46m (495 ft) of retail space plus toilet facility to the rear
  • Available by way of an assignment of the existing lease at 6,750 per annum
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44, High Street, Ryde

PRN: 207244

44
  • Situated in Ryde High Street between Mellish's Post Office & Iceland
  • Frontage of 4.4 metres (14.4 feet) with good display windows in high footfall area of the town
  • Shop runs to a total of 70.65m (760 ft) including large lower floor area and 2 owned parking spaces & delivery/loading access to the rear
  • Available by way of a New Lease at 9,750 per annum. All terms by negotiation
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44, Union Street, Ryde

PRN: 200256

44
  • Well located lock-up shop next door to J D Wetherspoon
  • Close to other prominent retailers, banks, resturants and bars
  • Some 30.9m (332 ft) of retail space supported by storage and staff facilities
  • Offered by way of a New Lease at 8,750 per annum
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65, Union Street, Ryde

PRN: 202236

65
  • A rare opportunity to lease a retail unit in the middle of this popular and busy street
  • Attractive, deep recessed double fronted shop unit with 1 hour free parking outside
  • Shop unit runs to a total of circa 103m (1,108 ft) including storage and staff facilities
  • Offered by way of a New Lease at 16,950 per annum. All terms by negotiation
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Restaurant/bar Premises, At 5 Union Street, Ryde

PRN: 203223

RESTAURANT/BAR PREMISES
  • Opportunity to lease a former 40+ cover restaurant and bar, free of product tie
  • Extensive 5-bedroom accommodation over with its own domestic kitchen
  • Exceptionally well located in the heart of Ryde's leisure strip
  • Available by way of a New Lease at 22,000 p.a. Plus an ingoing premium of 20,000 for fixtures & fittings. Incentives may be available subject to terms
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Whole Building To Let At, 173 High Street, Ryde

PRN: 205045

Whole Building to Let at
  • Prominent retail unit in prime location in Ryde Pedestrian Precinct
  • Located right next door to Boots and adjacent to Costa Coffee and Bet Fred
  • Whole Building running to a total of 141.3m over 2 floors
  • Available by way of a New Lease at 13,500 per annum
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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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Premises & Business, High Street, Sandown

PRN: 206841

PREMISES & BUSINESS
  • Highly successful Newsagents and Convenience Store located arguably in one of the best areas of Sandown High Street
  • Whole building for sale arranged over 2 floors and benefitting from substantial shop front to the High Street
  • Unit runs to a total of 143.5m over the two floors
  • For Sale with offers invited "in the region of" 300,000 for the Freehold of the premises, the business, trade fixtures, fittings and goodwill plus s.a.v.
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Fat Harry's, 53 High Street, Sandown

PRN: 200476

Fat Harry's
  • Partly fitted and branded fish & chip restaurant and takeaway
  • Prime location in the middle of Sandown High Street
  • Assignment of the lease with 6 years left to run
  • Offers invited "in the region of" 50,000 for the benefit of the lease and remaining fixtures & fittings as per inventory. The business is NOT being transferred
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Former Post Office 207545 19, 19 Beachfield Road, Sandown

PRN: 207545

Former Post Office                      207545    19
  • Highly visible former Ground Floor Post Office unit with on-street parking to the front
  • Substantial unit with some outdoor space which may lend itself to restaurant or caf use s.t.p.
  • Unit runs to a total of 153m (1,646 ft) including staff facilities
  • Available by way of a New Lease at 15,750 per annum.
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9, Regent Street, Shanklin

PRN: 214653

9
  • Well located retail unit close to the Boots The Chemist, Domino's, Ladbrokes and many other mainstream retailers
  • 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. Now with planning for A5 (take-away) use
  • Available by way of a New Lease at 8,500 per annum
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Business For Sale 200318, Shanklin

PRN: 200318

BUSINESS FOR SALE                  200318
  • Well established Newsagents and Convenience Store located arguably in one of the busiest part of Shanklin
  • Retail premises over Ground and First Floor held on the residue of a 21 year lease from July 2004 at a passing rent of 18,500 p.a.
  • Unit runs to a total of 145.9m (1,570 ft) including staff facilities
  • For Sale with offers invited "in the region of" 150,000 for the business, goodwill, trade fixtures & fittings plus s.a.v.
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14 , High Street, Shanklin

PRN: 200969

14
  • Prominent retail space close to Regent Street in the heart of Shanklin
  • Available now as 1 unit with the benefit of an additional 4.6 metre display window on the corner of the building
  • The unit runs to a total of 71.5 sq.m (770 sq.ft) with the main retail area running to 52.5 sq.m (565 sq.ft)
  • Available by way of a New Lease at 10,000 per annum. All terms by negotiation
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Former Hair Salon Premises, 18 High Street, Shanklin

PRN: 206606

Former Hair Salon premises
  • Highly prominent unit on the corner of High Street and Palmerston Road with large display windows
  • This is an area of high footfall being between the main town and the Old Village with many hotels just around the corner
  • The unit runs to a total of 76.8m (826 ft) including kitchen and staff facilities
  • Available by way of a new lease at 9,500 per annum. Terms by negotiation
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Vacant Shop At 207439, 39 Regent Street, Shanklin  - UNDER OFFER

PRN: 207439

VACANT SHOP AT                                     207439
  • Rare opportunity to rent a ground floor retail unit in the heart of Regent Street
  • Unit adjacent to Buywise, Co-Operative, Peacocks and Poundland
  • Unit runs to a total of 65.1m (701 ft) including staff facilities
  • Available by way of of an assignment of the existing lease at 7,250 per annum. The intending tenant will be asked to contribute towards the landlord's legal costs. All other terms by negotiation.
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3, High Street, Shanklin

PRN: 203419

3
  • Highly visible retail premises next to Boots the Chemist at the junction of Shanklin High Street and Regent Street
  • Fully glazed frontage with width of 9.1m (29.8 ft) with a substantial storage area to the rear of the unit
  • Unit runs to approximately 151.8m (1,633 ft) including storage, w.c. and staff facilities
  • Available by way of a New Lease at 19,000 per annum
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13a 221570, The Esplanade, Shanklin

PRN: 221570

13A                                       221570
  • Rare opportunity to buy a well placed commercial unit towards the west end of Shanklin Esplanade
  • Single storey premises with generous frontage of 5.8m (19 feet) facing the sea
  • Unit runs to a total of 64.5m (688ft) and could suit a variety of uses subject to planning and relevant consents
  • For Sale with offers invited "in the region of" 125,000 or the freehold interest
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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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