Commercial Property Agents on the Isle of Wight

INVESTMENT OPPORTUNITIES

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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The Beach Hut, Forelands Beach, Bembridge

PRN: 152144

The Beach Hut
  • Upmarket shabby chic dining venue specialising in Seafood in a stunning location overlooking Forelands Beach, Bembridge.
  • A total of approximately 100 covers+
  • Caf with the additional benefit of a Beach Bar which is fully licenced 11am to 10pm
  • For Sale with offers invited "in the region" of 149,950 premises, fixtures, fittings & goodwill plus stock at valuation
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Investment Of 221167, 2 To 4 Clarence Road, East Cowes

PRN: 221167

INVESTMENT OF                         221167
  • Building located in the heart of East Cowes close to the Co-Operative
  • Ground floor retail unit with flats on the upper floors. Total income 20,640 p.a.
  • Ground floor shop runs to circa 73.4m (790 ft) let on a New 5 Year Lease from 01 August 2020
  • For Sale with offers invited "in the region of" 275,000 for the Freehold of the building, subject to existing tenancies
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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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The Natural History Centre 201648, Coach House, High Street, Godshill, Ventnor

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 Stag 200361, 45 Sandown Road, Lake

PRN: 200361

The Stag                                            200361
  • Substantial detached building in a prominent location close to the Merrie Gardens retail park
  • The ground floor benefits from planning permission for conversion to 3 separate flats under planning reference 21/01784/FUL
  • The upper floors are currently let out and generating circa 21k per annum
  • Freehold interest of the whole building for sale, with offers invited "in the region of" 395,000
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Site At Merrie Gardens 205575, (rear Of Marstons) Newport Road, Lake

PRN: 205575

Site at Merrie Gardens                     205575
  • Substantial area of commercial land located in Lake, in the centre of the Sandown, Shanklin, Lake connurbation
  • Site already supported by a newly built Marstons Inn, Premier Inns Hotel (under construction) and adjacent a proposed site for Aldi
  • Approximately 11 acres located off one of the busiest Island roads A3056 linking Newport to Shanklin, Sandown and Lake
  • For Sale or To Lease in whole or in part. Price on Application
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Central Meats Building 204899, 64-65 Pyle Street, Newport  - UNDER OFFER

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
  • Going to auction on 23 March 2022 with a guide price of 240,000-260,000
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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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51, High Street, Newport

PRN: 208905

51
  • Prime retail unit in the heart of the Island's County Town
  • High footfall area of the town supported by retailers including The Body Shop, Vodaphone, J D Sports and B&M Stores
  • Ground Floor unit runs to approx. 109.6 m (1,179 ft) equating to 89.1 m (959 ft) ITZA with a frontage of circa 10 metres (32 feet) to the High Street
  • Available For Sale at "offers in the region of" 475,000. The unit may also be available to lease. Price on application.
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Investment Of Clintons Cards, 42 High Street, Newport

PRN: 222358

INVESTMENT OF CLINTONS CARDS
  • Well located Freehold retail investment in a prime pitch in the centre of the Island's County Town
  • Ground Floor 269.5 sq.m (2,901 sq.ft). Main retail area equates to 106 sq.m (1,140 sq.ft) ITZA
  • Let on Reversionary 5 year FRI Lease at current passing rent of 75,000 p.a.
  • Freehold Investment For Sale at offers "in the region of" 875,000 Net initial yield 8.12%
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Former Toogood Plastics 200579 , Pritchetts Way, Rookley  - UNDER OFFER

PRN: 200579

Former TOOGOOD PLASTICS                  200579
  • Opportunity to rent or purchase a substantial industrial unit with a yard
  • Premises are well placed to service the whole of the Isle of Wight without the traffic issues associated with some of the larger Island towns
  • Unit runs to a total of 1,099.7 m (11,837 ft) including a mezzanine area to the rear
  • To Rent at 75,000 per annum or To Buy with offers invited "in the region of" 825,000. NB. A private mortgage is available if required
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Sale Of The Investment, 22 Cross Street, Ryde

PRN: 222662

SALE OF THE INVESTMENT
  • Shop in prominent location close to the junction of Union Street with High Street and Cross Street
  • Unit runs to a total of circa 46sq.m (495 sq.ft) plus toilet facility to the rear
  • Let on a new 3 year lease from 22 March 2021 at 6,000 per annum
  • For Sale with offers invited "in the region of" 70,000 for the long leasehold interest
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10 To 11 214492, High Street, Ryde  - UNDER OFFER

PRN: 214492

10 to 11                                            214492
  • Mixed investment property in the centre of Ryde in the pedestrian part of the High Street
  • Property comprises 2 x retail units and 1 x 2 bedroom flat/maisonette on 2 floors over
  • Rental income for the property is 13,250 p.a. for the commercial elements plus 7,800 p.a. for the flat giving a total income of 21,050 p.a.
  • For Sale with offers invited "in the region of" 235,000 for the freehold interest of the whole property
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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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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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Parkbury Hotel 219132, 29-31 Broadway, Sandown  - UNDER OFFER

PRN: 219132

Parkbury Hotel                                    219132
  • Rare opportunity to acquire substantial site on the Broadway, Sandown
  • Site is currently occupied by the former Parkbury Hotel, now closed
  • The Site runs to circa 2,930 m, almost 3/4 acre, with the approximate gross exterior area of the ground floor running to circa 833 m
  • For Sale with offer invited "in the region of" 450,000 for an unconditional purchase of the freehold site
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Site At Savoy Court , Avenue Road, Sandown

PRN: 208205

Site at Savoy Court
  • Rare opportunity to acquire a substantial in-town site with sea views
  • Site running close to half an acre with some elements benefitting from sea views
  • Site benefits from outline planning under P/01281/14 for 19 apartments. However site could lend itself to alternative schemes s.t.p.
  • For Sale. Price on Application
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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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Investment At 221045, 34 Atherley Road, Shanklin  - UNDER OFFER

PRN: 221045

INVESTMENT AT                        221045
  • Well presented, substantial building comprising 7 flats
  • A mix of one and two bedroom properties all currently let on 6 monthly AST's
  • Current passing rent is 2,695 pcm equating to 32,340 per annum gross
  • For Sale with price now reduced to 395,000 being 8.1% Gross Return for the freehold of the property subject to existing tenancies
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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
  • 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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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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Investment Sale. The Waterfront Inn, 19 The Esplanade, Shanklin

PRN: 201204

INVESTMENT SALE. THE WATERFRONT INN
  • Very successful hotel, bar & restaurant business set on Shanklin's busy seafront
  • Ground floor bar & restaurant with large terraces overlooking Shanklin Bay plus 8 guest rooms
  • 15 year FR&I lease with no breaks and a headline rent of 70,000 p.a. rising potentially to 82,500 in Year 5
  • For Sale at offers "in the region of" 975,000 subject to the existing tenancy
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Freehold Building, 46 High Street, Ventnor

PRN: 203491

Freehold Building
  • Freehold of the whole building for sale in highly visible position, opposite Spring Hill, Ventnor High Street due to semi-retirement
  • Building consists of a 2 bedroom flat, with fully licenced ground floor commercial premises, and lower ground floor 1 bedroom annexe
  • Ground Floor commercial space runs to circa 73.1m (786 ft) & whole building to circa 213m (2,292 ft)
  • FREEHOLD whole building For Sale at "offers in the region of" 337,000
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Plumridge Self Storage, Caxton House, Old Station Road, Ventnor

PRN: 204442

Plumridge Self Storage
  • Longest established self-storage business on the Isle of Wight
  • Main building consists of 82 storage rooms, plus further storage in containers and caves to the rear
  • The main industrial building runs to approximately 1,074m (11,560ft) Net Internal Area PLUS 3 caves and 25 storage containers
  • Offers are invited in the region of 800,000 for the building, caves, containers, business, goodwill, fixtures & fittings.
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Prominent Ventnor Seaside Business, Esplanade, Ventnor

PRN: 226735

PROMINENT VENTNOR SEASIDE BUSINESS
  • Well known inn/restaurant with one of the most enviable locations on the South Coast of the Island
  • Seating for around 85 inside and covered terraces with seating for a further 35 to 40
  • Includes spacious 3 bedroom holiday flat/owner's accommodation
  • For Sale with offers invited "in the region of" 75,000 leasehold, fixtures & fittings, and business goodwill
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Unit 6, Ventnor Industrial Estate, Plot 1 Old Station Rd,, Ventnor  - UNDER OFFER

PRN: 226388

UNIT 6, VENTNOR INDUSTRIAL ESTATE
  • Very rare opportunity to purchase a industrial unit with a yard and cave
  • The unit benefis from a mezzanine and 4 metre wide door to the side plus a cave both benefitting from 3 phase power
  • Unit runs to a total of approx. 135m (1,453 ft) including the mezzanine. The Cave runs to cira 90 m (968 ft) & Yard to the side 81m (871 ft)
  • For Sale with offers invited "in the region of" 175,000 for the virtual freehold (residue of 999 year lease) of the unit, cave and yard
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