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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Former Lloyds Bank 223403, 2 High Street, Bembridge

PRN: 223403

FORMER LLOYDS BANK                 223403
  • Located in the very centre of Bembridge having been the former Lloyds Bank premises
  • Supported by many specialist retailers, eateries and estate agents
  • Two recently completed shop units. Unit Unit 1 runs to a total of approx. 63.8m (679 ft) with kitchen and staff facilities. There is also potential to split the unit to form 2 smaller units
  • Unit 1 is available on a New Lease at 12,750 per annum. If split rent is likely to be in the region of 6,875 p.a. for each unit. (Unit 2 HAS NOW BEEN LET)
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Former Brading Tea Rooms, 66 High Street, Brading

PRN: 202677

Former Brading Tea Rooms
  • Restored, historic and prominent building in Brading High Street with potential for many uses including Bed & Breakfast, Restaurant or Caf s.t.p.
  • Formerly traded as a Tea Rooms with 36 internal covers & further seating in the large rear garden. This now goes through to Lower Furlongs offering access from the rear for plenty of parking and possible development s.t.p.
  • Substantial building over 3 floors & potential to create owner's and/or letting accommodation s.t.p.
  • For Sale with offers invited "in the region of" 475,000 for the Freehold of the property
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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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The Estate Office 223362 32, Avenue Road, Freshwater

PRN: 223362

The Estate Office                            223362   32
  • Lock-up unit located in Avenue Road amongst many local retailers and eateries
  • Highly prominent unit right in the centre of this busy West Wight town
  • The unit runs to a total of 52.3 m (563 ft) including office, kitchen, lobby and staff facilities
  • Available by way of a New Lease at 6,200 per annum. Ingoing tenant will be asked to contribute towards the landlord's legal costs. All other terms by negotiation
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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  - UNDER OFFER

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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Wight Leaflets 221732, Covering The Whole Island, Islandwide

PRN: 221732

WIGHT LEAFLETS                                  221732
  • Successful leaflet distribution business covering the whole of the Isle of Wight
  • Established for 10 years with a large client base
  • Sale includes two established domain name websites
  • For Sale with Offers Invited for the business, including the websites
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Wight Tile, 2d & 2c 210927, Lake Industrial Way Newport Road, Lake

PRN: 210927

Wight Tile, 2D & 2C                         210927
  • Retail and Trade Tiling business established in 1994
  • Benefitting from well placed showroom and customer parking
  • The units runs to a total of approximately 246m (2,647 ft) including a small mezzanine area & staff facilities
  • Retirement Sale. Offers are invited "in the region of" 130,000 for the business, fixtures, fittings and goodwill plus stock at valuation
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104 And 105, St James Square, Newport

PRN: 208555

104 and 105
  • Prominent unit in the centre of the Island's County Town benefitting from Business Rate Holiday in 2020
  • Unit benefits from high footfall, generated by the many national covenants including Costa Coffee, Starbucks, The Entertainer, The Works, Bet Fred, McDonalds, and Game Workshop
  • Unit runs to approx. 194.1m (2,246 ft) on two floors, breaking back to 66.5m in terms of Zone A with the benefit of A2 planning
  • Offered by way of a new lease at 29,000 per annum. Incentives may be available subject to terms and strength of covenant
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1 And 3, Grays Walk, Newport

PRN: 201357

1 and 3
  • Lock up shop in a prominent position fronting Scarrots Lane with a return frontage to Scarrots Lane and Grays Walk
  • Ideally suited to specialist retailers and amongst other character shops
  • Unit runs to a total of 71.82m (773 ft) including kitchen & wc facilities. Potential to split bacl to 2 separate units s.t.terms
  • Available by way of a NEW LEASE at 1,000 pcm (12,000p.a.). Rent is subject to VAT and service charge.
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47, High Street, Newport

PRN: 200137

47
  • High profile shop unit in Newport High Street close to Monsoon, Trespass, Waterstones & Halifax
  • Grade 11 listed property with the Ground Floor currently sub-divided by partition walls and running to a total of 108 m (1,161 ft)
  • Ground Floor front retail area only, runs to a total of 58m (602 ft)
  • Available by way of a New Lease for the Ground Floor at 14,000 per annum, alternatively For Sale at "offers in the region of" 195,000
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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" 275,000 SUBJECT TO PLANNING
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Unit 4a 200582, Carisbrooke Retail Park, Newport

PRN: 200582

UNIT 4A                                200582
  • Modern and smartly presented Retail Unit on busy Retail Park on the outskirts of Newport, the Island's County Town
  • Amongst many other major retailers including Argos (which it adjoins), Dreams, Carpetright and Home Bargains
  • The unit has A1 Retail planning (Open non-food) with plenty of customer parking to the front plus space for deliveries
  • Terms for the unit are available upon request
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Unit 2 203017, Watchbell Lane, Newport

PRN: 203017

UNIT 2                                        203017
  • Opportunity to rent character lock-up shop in Watchbell Lane, centre of town
  • Located just off Newport High Street amongst a variety of specialist retailers
  • Unit runs to a total of approximately 18.56m (200 ft). Ideal start-up unit
  • Offered by way of a New Lease at only 116 per week 6,000 per annum
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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, fixtures, fittings and goodwill together with a new lease at 17,500 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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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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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 New Lease at 6,000 per annum
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8, Union Street, Ryde

PRN: 204797

8
  • Shop close to Ryde Esplanade at the end of Union Street
  • Fully glazed, double fronted unit with initial frontage of 4.3m (14.1 ft)
  • The unit runs to some 55m (592 ft) plus wc and staff facilities to the rear
  • Available by way of a New Lease at 11,000 per annum
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21, Cross Street, Ryde

PRN: 201284

21
  • Shop to let in Cross Street Ryde, in the heart of the town
  • The unit is adjacent to a busy bus stop and entrance to a public car park benefitting from heavy footfall
  • The unit runs to a total of 43m (462 ft) including staff facilities
  • Available by way of a New Lease at 500 per month (6,000 p.a.). The shop and the upper floors (Flats) of nos 21 & 22 Cross Street may be available to purchase by separate negotiation
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Vacant Restaurant Premises At, 2 Castle Street, Ryde

PRN: 201739

VACANT RESTAURANT PREMISES AT
  • Opportunity to lease or buy vacant A3 premises near to Ryde Esplanade
  • Just off the bottom of Union Street and close to fast passenger ferries from Portsmouth and Southsea and bus and train terminals
  • The premises are arranged over two floors and run to a total of 111m (1,195 ft) including kitchen and ladies & gents toilet facilities plus an external courtyard area
  • Available by way of a New Lease at 10,800 per annum. Terms by negotiation. Alternatively For Sale at 135,000
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Whole Building At, 12 Union Street, Ryde

PRN: 200945

Whole Building at
  • Very well presented prestigious building in the centre of Union Street Ryde
  • Arranged over 4 floors with the commercial element currently occupying basement, ground floor and first floor wit 2 flats on the top floor
  • Total commercial space runs to circa 278m (2,992 ft) plus a 1 bedroom & a 2 bedroom flat
  • For Sale with offers invited "in the region of" 650,000 plus VAT for the freehold interest. There is NO transfer of business
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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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Serenity's Cafe, 83 To 85, High Street, Sandown

PRN: 206497

Serenity's Cafe, 83 to 85
  • Located at the eastern end of Sandown High Street (Culver Parade) close to the Esplanade and beaches
  • Long established caf showing a consistent turnover, currently laid to comfortably cater for 60 covers
  • Unit runs to a total area of circa 170.5m (1,835 ft) including kitchen and staff facilities
  • For Sale with offers invited "in the region of" 45,000 for the business, fixtures, fittings and goodwill, plus stock at valuation
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Ground Floor Cafe 150152, 12b High Street, Sandown

PRN: 150152

Ground Floor Cafe                       150152
  • Well located in Sandown High Street adjacent to Boots and supported by many specialist retailers and restaurants
  • The unit historically has been traded as a small caf and take-away
  • Unit runs to a total of 82.8m (891 ft) including first floor storage area
  • Available by way of a New Lease at 7,750 per annum
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Fat Harry's, 53 High Street, Sandown  - UNDER OFFER

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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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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Pizza Restaurant 203858, 40 High Street, Shanklin

PRN: 203858

PIZZA RESTAURANT                            203858
  • Established Pizza Restaurant in the centre of Shanklin High Street
  • Fully set-up with equipment including a Pizza Oven costing over 20,000 new & held on the residue of a 10 year lease at 800 pcm
  • Restaurant currently caters for 28 covers plus take-away business running to circa 70.6m (759 ft) in total
  • Offers are invited "in the region of" 25,000 for the goodwill, fixtures and fittings of the business, plus stock at valuation on completion
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Investment Sale Of Whole Building, 34 High Street, Shanklin

PRN: 223435

INVESTMENT SALE OF WHOLE BUILDING
  • Well placed in the centre of Shanklin High Street with on-street parking adjacent and supported by other eateries and restaurants
  • Freehold of the premises available with the upper parts being sold off on a long leasehold
  • Caf is held on the residue of a 10 year lease from January 2017 at a current passing rent of 7,200 per annum
  • For Sale with offers invited "in the region of" 80,000 for the Freehold of the building
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44 203544 27, Regent Street, Shanklin

PRN: 203544

44                                                203544    27
  • A rare opportunity to rent a shop in a prime location in Shanklin's busy Regent Street close to Co-Op, Poundland and many other specialist retailers
  • The shop has a valuable parking space with access from the rear of the shop
  • The unit runs to a total of 75.7m with a retail area of circa 58m (624 ft)
  • Offered by way of a New Lease. RENT REDUCED TO 7,000 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" 105,000 for the freehold interest
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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 8,500 per annum. All terms by negotiation
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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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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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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 Ale And Oyster Restaurant, The Esplanade, Ventnor  - UNDER OFFER

PRN: 223750

FORMER ALE AND OYSTER RESTAURANT
  • Exceptional location on Ventnor Esplanade
  • 76 cover restaurant and bar including decked area to the front overlooking Ventnor Bay
  • The restaurant and bar run to a total of 168m (1,808 ft) including kitchen and toilets plus decked area to the front of the property
  • Available by way of a New Lease at 19,500 per annum including use of all fixtures, fittings & equipment. Terms by negotiation
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15, Pier Street, Ventnor

PRN: 219936

15
  • Whole building for sale in Pier Street with Ground Floor Retail Unit and Flat over sold off
  • The retail unit is in the busiest part of the street being between the centre of town and the beaches and Ventnor Esplanade
  • The shop runs to a NIA of 74.9m (806 ft) including storage area and staff facilities. Currently vacant but was producing 7,750 p.a. in rent
  • Whole Building For Sale at Oiro 65,000 for the Freehold interest
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Ground Floor Shop 222566, 6 Church Street, Ventnor

PRN: 222566

GROUND FLOOR SHOP               222566
  • Well presented lock up shop in prominent location in Ventnor
  • The unit is supported by many specialist retailers including Church Street Motor Cycles
  • Unit runs to approx. 49.7 m (534 ft) with a 5 metre frontage to Church Street
  • Offered by way of a New Lease at 5,980 per annum i.e. 115 per week
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Llama Tree Restaurant 223555, Main Road, Wellow

PRN: 223555

LLAMA TREE RESTAURANT                  223555
  • Opportunity to take over the successful Llama Tree Restaurant which runs alongside West Wight Alpacas
  • Profitable restaurant benefitting from the significant and captive audience of the many visitors to West Wight Alpacas
  • Restaurant runs to a total of circa 136m (1,463 ft) including kitchen, toilets, etcetera. Currently caters for circa 42 covers inside & around 50 outside
  • Offered by way of a New Lease at 11,000 p.a. plus ingoing premium of 25,000 for the benefit of the goodwill & use of existing fixtures & fittings
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The Wonky Cafe 203472, Sandhills Holiday Park, Peacock Hill, Whitecliff Bay, Bembridge

PRN: 203472

The Wonky Cafe                              203472
  • Highly popular and much sought after beachside business with a captive market & significant beach take-away trade in high season
  • The caf runs to a total of 65m (700 ft) including kitchen, servery, retail & sales area and is licenced for on and off sales of alcohol 11.00 am to 9.00 pm
  • Impressive, profitable trading style, set in a beautiful location with 28 covers inside & a further 52 outside. Ideal for a 2 partner team
  • For Sale at offers "in the region of" 89,000 for the business, fixtures, fittings & goodwill plus stock at valuation
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The Yarmouth Barber, Jireh Place, Yarmouth  - UNDER OFFER

PRN: 223088

THE YARMOUTH BARBER
  • Located just off the Main Square in the centre of Yarmouth
  • The business benefits from being one of the few Gentleman's Barbers in the whole of the West Wight area
  • Ground Floor premises run to circa 2.3m (315 ft) in total including kitchen & staff facilities. Current Rent 7,200 p.a.
  • Business for Sale with offers invited "in the region of" 20,000 for the business, trade fixtures, fittings & goodwill, plus any stock at valuation
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