Commercial Property Agents on the Isle of Wight

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 301 434 to for a discussion as we may be able to meet your requirements from our discreet listings.

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Smugglers Haven, Leeson Road, Bonchurch  - UNDER OFFER

PRN: 226748

Smugglers Haven
  • Opportunity to run a thriving tea garden business in a popular location near the main road, well connected by footpaths
  • Retail premises run to a total of 71.1m (765ft), with extensive views over the English Channel
  • Included with the property is separate owners' accommodation, which the current owners use as holiday let when not using it themselves
  • POA for the business, goodwill, fixtures and fitting and assignment of the remainder of the 35-year lease
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Jolliffe's, 11 Shooters Hill, Cowes

PRN: 150385

JOLLIFFE'S
  • Prominent Landmark building located towards the top of Shooters Hill in the centre of Cowes
  • This well known Grade II listed art deco fronted building makes this already enviable position even more prominent
  • The building is currently trading from two floors running to approximately 90m (968ft)
  • Offers are invited in the region of 65,000 for the goodwill, fixtures and fittings for the business with a current passing rent of 12,000 per annum
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24 Castle Street, East Cowes

PRN: 202349

24 Castle Street
  • Popular and well established Indian Restaurant located in Castle Street, East Cowes adjacent to the Red Funnel Car Ferry Terminal
  • Ground floor commercial premises is currently let on a 6 year lease from 2022. The upper floors comprise of two apartments, both benefitting from sea views and both currently tenanted
  • Total combined income is 34,600 per annum
  • Freehold for sale, Price on Application
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3 225979, School Green Road, Freshwater

PRN: 225979

3                                                 225979
  • Opportunity to purchase a whole building with ground floor commercial premises plus separately accessed 3 bedroom flat over
  • Located in arguably one of the highest footfall areas of Freshwater adjacent to Sainsbury's Local and Hurst's Ironmongers
  • Ground floor retail runs to a total of approx. 71.7 m (771 ft)
  • For Sale with offers invited "in the region of" 195,000 for the freehold interest of the whole building
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Chocolate Island, High Street, Godshill

PRN: 211202

CHOCOLATE ISLAND
  • Grade II listed thatched cottage with 2 substantial outbuildings to the rear
  • Currently trading as Chocolate Island (business sale by separate negotiation), may lend itself (s.t.p.) to go back to residential use
  • Main thatched building rus to approximately 106m (1,140ft), with the two outbuildings respectively running to 58m (624ft) and 38m (413ft), supported by parking and gardens beyond
  • Offers are invited "in the region of" 545,000 for the freehold interest. Our client would consider a lease of the premises, subject to negotiations
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The Natural History Centre 201648, Coach House, High Street, Godshill

PRN: 201648

THE NATURAL HISTORY CENTRE        201648
  • Very rare opportunity to acquire a substantial family home with link to a business in the centre of Godshill
  • Currently trading as The Natural History Centre but could lend itself to Tea Rooms or a variety of other commercial uses, subject to any necessary relevant consents
  • Currently laid out as a 4 bedroom family home plus retail shop. 2 of the rooms currently used as The Museum + substantial drive & off-street parking to the front
  • For Sale with offers invited "in the region of" 575,000 for the freehold interest of the whole property and grounds
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The White Hart Inn, Main Road, Havenstreet

PRN: 201752

The White Hart Inn
  • Lovely village pub/restaurant, extended, refurbished and refitted to a very high standard
  • Strong, well established trade from circa 60 covers inside plus large garden with circa 70 covers
  • Well presented, spacious 3-bedroom owner's accommodation plus large customer car park
  • For sale with offers invited in the region of 115,000 leasehold, fixtures, fittings and goodwill plus stock at valuation
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40, High Street, Newport

PRN: 200134

40
  • Prime retail unit set in the heart of Newport High Street with return frontage to St Thomas Square
  • Currently let with a passing rent of 24,000 per annum, on a lease expiring in 2023
  • Ground Floor unit runs to a total of circa 90m (968 ft), with the first floor being approx. 68.6m (738 ft), may lend itself to redevelopment in the future
  • Offers are invited in the region of 250,000 plus VAT for the freehold interest of the property
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30, High Street, Newport

PRN: 200126

30
  • Whole Building for sale with 2 flats sold off on long leases and vacant ground floor retail space
  • Double fronted unit next door to Watson Bull & Porter Estate Agents, with a frontage of 6.9 metres to Newport's busy High Street
  • Ground floor unit runs to a total area of 62.4m (671 ft) including staff facilities
  • Whole building for Sale Freehold with offers invited "in the region of" 130,000 OR ground floor available to rent at 12,000 per annum
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Unit 3, Grays Walk, Newport  - UNDER OFFER

PRN: 201357

Unit 3
  • Lock up shops 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 approximately 35.9m (386 ft) including kitchen & wc facilities
  • Each unit is available by way of a NEW LEASE at 7,000 per annum for Unit 3. Rent is subject to VAT and service charge.
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Commercial Premises, 81 High Street, Newport

PRN: 202868

Commercial Premises
  • Ground floor commercial premises suited to Retail, Office, caf, or restaurant use on Newport High Street
  • Boasting the potential for circa 40 covers
  • Total area running to approximately 117.4m (1263ft)
  • First year rent of 9,750 per annum. Significant first year incentives may be available subject to strength of covenant
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117, High Street, Newport  - UNDER OFFER

PRN: 205229

117
  • Located in the centre of Newport's busy High Street adjacent to St James' Square
  • Substantial retail unit benefitting from rear access and parking
  • Unit runs to approximately 277.3m (2,984ft) in total including storage and staff facilities, with the retail area running to approximately 237m (2,529ft)
  • Offered by way of a new lease at 45,000 per annum. Available from July 2022
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Retail Unit, 14 Carisbrooke Road, Newport

PRN: 226736

RETAIL UNIT
  • Lock up retail unit amongst various specialist retailers and eateries
  • Would suit a variety of uses, from retail to take-away food
  • Unit runs to approximately 51.5m (554ft) including toilet and staff facilities
  • Available by way of a new lease at 6,500 per annum. Further terms by negotiation. Whole building may be for sale by separate negotiation
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Charter House Ground Floor Only 222204, 14a St Thomas Square, Newport

PRN: 222204

Charter House Ground Floor Only          222204
  • Prominent building set in St Thomas Square in the centre of the Island's county town
  • This picturesque Square has become "a hub" as a meeting place for drinking & dining with plenty of outside seating
  • The ground floor runs to approximately 110m (1,194 ft), with the current lease running until the end of October 2028, benefitting from the benefit of the protection of the LTA 1954
  • Available by way of lease assignment, with a current passing rent of 27,000 per annum
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Former Poundstretcher Unit, 95 High Street, Newport

PRN: 201317

Former Poundstretcher Unit
  • 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
  • Unit runs to a total of approx. 1,064.1 m (11,045 ft) over 2 floors
  • Available either by way of New Lease or For Sale Freehold. Price on application
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Ground Floor Shop Unit 216216, 6 - 9 St Thomas Square, Ryde

PRN: 216216

GROUND FLOOR SHOP UNIT       216216
  • Retail unit benefitting from generous frontage to St Thomas Square in the centre of Ryde
  • Adjacent to Nat West Bank and supported by many prominent eateries and retailes
  • Unit runs to a total of 142.9m (1,538 ft)
  • Available by way of a New Lease. Rent to be 9,500 in the first year, 12,000 in the second, and 14,500 thereafter. Our client may consider a sale by separate negotiation
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60a, Union Street, Ryde

PRN: 200254

60a
  • A prominent retail unit located in the centre of Union Street, Ryde's lively retail, leisure and tourism sector
  • The unit benefits from glazed frontage in an attractive listed building
  • Offering a total of 52m (560 ft) including staff facilities and storage
  • Available by way of a new lease at 9,650 per annum. Terms by negotiation
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7 , Cross Street, Ryde

PRN: 204900

7
  • Opportunity to acquire a retail unit in a prominent location, Cross Street, Ryde
  • Ground floor retail plus lower ground floor basement total 65.5m (705ft)
  • Amongst a variety of established specialist retailers
  • Available to rent on a new lease at 7,750
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24, Cross Street, Ryde

PRN: 200413

24
  • Opportunity to acquire former Caf premises in Cross Street, Ryde
  • Lively location adjacent to the thoroughfare to the Co-Op Car Park with a bus stop right outside
  • Unit runs to a total of approx. 82m (882ft) with the main retail area running to circa 42.5m (457 ft)
  • Offered by way of a New Lease at 9,750 per annum. Terms by negotiation.
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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. All terms by negotiation
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The Bandstand, Culver Parade, Sandown

PRN: 210682

THE BANDSTAND
  • Landmark business and building for sale, Culver Parade with stunning sea views
  • Highly profitable business trading from a rapidly up-and-coming location
  • Premises runs to approximately 154m (1657ft) including kitchen and toilets with an outdoor seating area of approximately 34m (365ft)
  • Offers are invited "in the region of" 150,000 for the business, goodwill, fixtures and fittings, simultaneous with a lease of the premises being granted at 34,500 per annum
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23, High Street, Sandown

PRN: 201628

23
  • Rare opportunity to acquire the freehold of a whole building for sale in Sandown High Street
  • The building has been extensively re-developed and decorated over the last few years with the facade soon to be repainted
  • Building comprising of ground floor retail space and large two-bed flat over two floors above. Ground floor shop runs to approximately 62m (667 ft) including WC and staff facilities
  • Offers are invited "in the region of" 265,000 for the freehold of the building
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Retail Unit, 47-49 High Street, Sandown

PRN: 201927

RETAIL UNIT
  • Substantial glazed double fronted unit in the centre of Sandown High St
  • The unit would suit a variety of uses from retail to food use subject to relevant consent (if necessary)
  • Premises currently runs to approximately 205m (2,206ft) including kitchen and staff facilities. There is a further First Floor storage area of approximately 64m (688ft) which may be available by separate negotiation
  • Available by way of a new lease at 25,000 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 long leasehold interest of the premises, the business, trade fixtures, fittings and goodwill plus s.a.v.
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South Wight Rentals 205663 , Meadowside Newport Road, Sandown

PRN: 205663

SOUTH WIGHT RENTALS                   205663
  • Very rare opportunity to acquire a Car and Van Rental business plus a Used Car Sales Site on one of the busiest roads on the Isle of Wight
  • The Site is next to Morrisons, opposite Aldi & adjacent to KFC, a Premier Inn & Marston's Public House
  • Current business runs 6 x Hire Vans and 9 Hire Cars plus a substantial Used Car Sales Site able to support a further 50 cars
  • Oiro 75,000 for the Van & Car Hire Business + The Used Car Sales Site, plus s.a.v. Simultaneous with a New 7 Year Lease for The Used Car Sales Site, see below for details. Sale of the Freehold Site also considered. P.O.A.
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Public Toilets 52576, 8 Pier Street, Sandown  - UNDER OFFER

PRN: 52576

PUBLIC TOILETS                               52576
  • Prominent Site opposite the entrance to Sandown Pier
  • Rare opportunity to re-develop the site to form one or two cafe/restaurants or possible other uses s.t.p.
  • Both units run to a total of 387 m (4,175 ft ) including some outdoor space for the first floor unit. There is also opportunity to develop the new proposed toilet blocks adjacent to the main site
  • For Sale with offers invited "in the region of" 100,000 for the freehold interest of the site
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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 10,000 new
  • Restaurant currently caters for 28 covers plus take-away business running to circa 70.6m (759 ft) in total
  • Available to rent by way of new lease at 9,750 per annum, with an ingoing premium of 7,500 for the benefit of use of the equipment. Sale of the premises may be considered, by separate negotiation
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6 & 6a, Regent Street, Shanklin

PRN: 226744

6 & 6a
  • Ground Floor retail premises with flat over, arguably in one of the best positions in Regent Street
  • Ground Floor currently generating 12,000 per annum, with the upper parts occupied by a lifetime tenant currently paying 4,620 per annum
  • Ground Floor retail area runs to approximately 119m (1,280ft), with the flat over being a 2-bed premises with its own separate access
  • Offers are invited in the region of 250,000 for the freehold of the building
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Investment Opportunity, 34 High Street, Shanklin

PRN: 223435

INVESTMENT OPPORTUNITY
  • 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
  • Premises held on the residue of a 10 year lease from 2020 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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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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Take-away Business, South Wight

PRN: 214653

Take-Away Business
  • Successful and profitable burger restaurant takeaway business
  • Very well equipped with quality equipment
  • Retail unit runs to a total of 60m(645 ft) including store and staff facilities
  • Offers invited "in the region of" 60,000 for the business, goodwill, fixtures and fittings and lease assignment with a current passing rent of 8,500 per annum
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30, High Street, Ventnor, Ventnor

PRN: 210670

30
  • Building located in central Ventnor
  • Recently redecorated building in the centre of Ventnor's popular High Street
  • Ground floor commercial space runs to approximately 65m (699ft)
  • Offered by way of new lease at 10,500 per annum for the ground floor retail area. Freehold purchase considered subject to negotiations.
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Golden Sands , Esplanade, Ventnor

PRN: 203624

Golden Sands
  • Rare opportunity to obtain a well equipped seafront business on Ventnor Esplanade
  • Well established business with stunning views across Ventnor Bay to the English Channel currently trading as take-away only, but with space for c.24 covers inside plus more outside
  • Unit runs to circa 84.7 sq.m (911 sq.ft) total including staff facilities & storage.
  • Offers are invited "in the region of" 58,000 for the business, ffgw. Plus s.a.v., simultaneous with a new lease at 18,000 per annum
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Bridal Treasures, Units 2-3, Dean Farm, Whitwell Road, Whitwell

PRN: 204236

Bridal Treasures
  • Long established bridal business, originally started from home but now expanded to the point of taking two units at Dean Farm, near Whitwell
  • A turnkey operation with the business benefitting form a substantial amount of stock
  • Very well presented premises at Dean Farm, with the unit running to approximately 103m (1,108ft)
  • Offers are invited "in the region of" 125,000 for the business, goodwill, fixtures and fittings and the stock with an estimated value of circa 150,000
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