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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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 B&B, Restaurant or Caf s.t.p.
  • Formerly traded as a Tea Rooms with 36 internal covers & further seating in the large rear garden, which now links to Lower Furlongs
  • Substantial building over 3 floors with 6 bedrooms
  • For sale with offers invited in the region of 568,000 for the Freehold interest of the property
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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)
  • POA 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 Stag 200361, 45 Sandown Road, Lake  - UNDER OFFER

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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Investment Portfolio , Grays Walk, Newport

PRN: 213910

INVESTMENT PORTFOLIO
  • Multi-let commercial investment in the centre of the Isle of Wight's County Town
  • Comprising 11 separately let units with tenants such as Whitecross Dental Care Ltd
  • Current annual rent is 72,500 p.a. with potential to increase to circa 90,300 p.a.
  • For Sale with offers invited "in the region of" 975,000 for the freehold interest
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30, High Street, Newport  - UNDER OFFER

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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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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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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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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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

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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Dove Court, Crescent Road, Shanklin

PRN: 200275

DOVE COURT
  • Very well located in Crescent Rd, with easy links to Shanklin Esplanade and railway station
  • Holiday rental business consisting of 3x 2-bedroom apartments, and 2x 1-bedroom apartments, all benefitting from individual outside space, and parking
  • Well established, and very profitable, business opportunity
  • Offers are invited "in the region of" 890,000
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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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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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Plumridge Self Storage, Caxton House, Old Station Road, Ventnor  - UNDER OFFER

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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