Retail premises to let in High Street, Cowes, Isle Of Wight PO31
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Prime unit opposite the entrance to the Red Jet terminal
- Shop unit benefitting from a 7.7m (25.2ft) glazed frontage to the High Street
- Unit runs to approximately 73m2 (785ft2)
- Offered by way of a new lease, at £25,000 per annum. Incentives available, subject to terms
Property description
Location
Located in the centre of Cowes’ pedestrianised High Street, directly opposite the entrance to the Red Jet terminal, making it one of the highest footfall areas of Cowes. Cowes is an internationally renowned yachting centre with a buoyant social and racing scene, bringing high spenders to the town during the season and beyond with many specialist and class regattas extending the core season. A resident population of around 18,000 provides a foundation for the off-season trading. Numerous multiple leisure operators are represented in the town including Murphy & Nye, Musto, Crew, Henri Lloyd, White Stuff, Fat Face, Chatham, Quba, Slam, Joules and as well as Day Lewis Chemists, Sainsbury’s and Marks and Spencer Food.
Description
As Cowes goes, this is one of the larger units you’ll find, running to approximately 73m2 (785ft2), with a fully glazed frontage to the High Street of 7.7m (25.2ft). The unit currently benefits from a disabled toilet to the rear, as well as two other toilets. This could of course be re-arranged as necessary. The shop will present in good order, having been re-decorated by the former tenants, Ladbrookes. Please see floor plan for further information.
Terms
Offered by way of a new least, at £25,000 per annum. A contribution to the landlord’s legal costs will be required. All other terms by negotiation, and incentives considered subject to lease terms.
Uniform Business Rate
Rateable Value: £14,250 (Sui Generis use class currently)
2024/2025: 54.6p 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.