Retail premises for sale in High Street, Newport, Isle Of Wight PO30
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Located towards the western end of Newport High Street with on-street parking outside
- Unit benefits from a substantial frontage of approx. 13.5 metres (44 feet) to the High Street
- The unit runs to a total of approx. 1,064.1m2 (11,045 ft2) over 2 floors
- Freehold available by way of Clive Emson auction, with a guide price of £300,000 - £330,000 (plus fees)
Property description
Location
Located towards the western end of Newport High Street adjacent to Prezzo close to Poundland, W H Smith, The Body Shop, B&M Stores and many other specialist retailers. The property has a highly prominent presence on the High Street with on-street parking outside. Newport is the county town of the Isle of Wight and is located in the centre of the island, at the head of the River Medina, which leads north to Cowes. It is well connected to the rest of the island by the A3020 and the A3054 trunk routes, which run north & south and east & west respectively from it. Newport is the key centre on the island for administration and business and is where the overriding majority of national multiple retail, leisure and food & beverage operators are located. It is also within easy reach of passenger and car-ferry links to Southampton and the M27 and car ferry links to Portsmouth linking up with the A3. The fast passenger ferry services to Portsmouth and Southsea in Ryde are also within a 15 minute drive.
Description
The building is arranged over 2 floors running to a total of approximately 1,064.1 m2 (11,453 ft2) with the ground floor only running to approximately 677.1 m2 (7,288 ft2). Please see floor plan overleaf for further detail. The building may well lend itself to being split or potentially to form an indoor market or similar as it has a separate delivery and loading bay off Mill Street to the rear of the property
Terms
Freehold property offered by way of auction with Joint Auctioneers Clive Emson. The guide price is set at £300,000 - £330,000 (plus fees)
Uniform Business Rate
Rateable Value: £78,000
2024/2025: £0.546p 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
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 . E: Or
Property info
For more information about this property, please contact
Gully Howard, PO38 on +44 1983 507984 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gully Howard, and do not constitute property particulars. Please contact Gully Howard for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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Suite 11, Salisbury Gardens, Dudley Road, Ventnor, PO38 1EJ