Overview
Description
Location
Modern Retail Unit with First Floor Ancillary Space
Description
Location Extremely well situated within Newport High St, which in turn is the County Town and administrative centre for the Island and is generally considered the commercial hub for the Isle of Wight. Near neighbours include H Samuel Jewellers, Boots, Superdrug, EE, and the newly-established Cherry Godfrey, amongst others. Also nearby is the popular pedestrianised St Thomas Square, which is well-known for a variety of niche retailers, popular eateries, Newport Minster, and the newly-regenerated weekly Farmers' Market.
The property comprises a Grade II Listed 2 storey premises benefitting from a double-fronted display. Ground floor comprises open plan sales area with rear exit incorporating a staircase to the first floor ancillary. First floor is subdivided at the rear to provide a staffroom area and WC facilities.
Accommodation
NIA - 1,325 sq.ft (132.20 sq.m)
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
EPC Text
Asset Rating - NA
Rating
Rateable Value £24,000
Source - voa.gov.uk
Source https://www.gov.uk/find-business-rates
Calculator: https://www.gov.uk/calculate-your-business-rates
*If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
Available by way of a new full repairing and insuring lease for a term to be agreed at £25,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: It is understood VAT is payable on rents.
Summary
Key points
- NIA - 1,325 sq.ft (132.20 sq.m)
- Double-fronted shop front
- Grade II Listed Building
- Nearby occupiers include H Samuel, Boots, Superdrug, Lloyds Bank plus national & local retailers
- Suitable for a variety of uses
- Guide rent £25,000
Contact
Primmer Olds UK Ltd
Tel: 07918 926 119
Dominic Arkell
darkell@mavarealestate.co.uk
https://www.primmeroldsbas.co.uk
EPC
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