Commercial Property in Lee On The Solent available for sale
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Commercial Properties for Sale near the Lee On The Solent, UK

Commercial Properties for Sale Within 5 miles of the Lee On The Solent, UK

More details for 222 Twyford Ave, Portsmouth - Retail for Sale

222 Twyford Ave

Portsmouth, PO2 8JG

  • Retail for Sale
  • £175,000
  • 564 sq ft
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More details for 98 West St, Fareham - Retail for Sale

98 West St

Fareham, PO16 0EP

  • Retail for Sale
  • £170,000
  • 1,393 sq ft
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More details for 9-10 Esplanade, Ryde - Retail for Sale

9-10 Esplanade

Ryde, PO33 2DY

  • Retail for Sale
  • £500,000
  • 1,960 sq ft

Ryde Retail for Sale

Price guide £500,000 Freehold. Situated in a prominent and prime location overlooking the main Esplanade thoroughfare, amongst a variety of well-established independent traders, and immediately opposite the new bus/transport interchange plus the entrance to Ryde Pier. Regular and quick passenger crossings to Portsmouth and Southsea are close by at Ryde Pier Head and The Esplanade, as is the train station with its service through the East Wight to Shanklin. Opportunities such as this are very unusual, and the property currently offers a good rental income, plus Unit 10 is currently traded in by our clients as a long-standing amusement arcade, so there is the potential to continue that arrangement. Ryde itself is also noted as the second major commercial hub on the Island, and does enjoy the largest residential catchment area of any town on the Isle of Wight, with excellent year-round local trade supplemented considerably by visitors during the seasonal months. The property is Grade II Listed, mid-terraced and of traditional construction over three floors, with further details as briefly outlined overleaf. Exceptionally well-situated overlooking the main thoroughfare of The Esplanade in Ryde, close to a variety of facilities including the main bus/transport interchange, passenger ferry services to the mainland, and train station. Currently configured as two commercial units, with four converted flats above and separately accessed. No. 9 is currently leased as a restaurant. No. 10 is currently traded by our clients as a very long-standing and well-established amusement arcade, and therefore this unit either provides vacant possession or, by separate negotiation, an interested purchaser could take over the equipment etc. of the arcade effectively as a ‘going concern’. The flats comprise Nos. 1, 2 and 4 as single-bedroom units, and No. 3 is a two-bedroom unit, some of which have been recently refurbished. A schedule of tenancies and appropriate income can be discussed and provided, potentially subject to signature of an NDA and with discretion. Copy leases may also be available to interested applicants, again with discretion. The combined current income for the flats is currently some £27,552 pa, and for the single commercial lease £8,000 p.a.x., giving a total current rental income of £35,552 pa, with the potential to increase these by a letting of the arcade unit at No. 10.

Contact:

Scotcher & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

06/08/2025

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More details for East St, Portsmouth - Office for Sale

The Camber - East St

Portsmouth, PO1 2JJ

  • Office for Sale
  • £8,000,000
  • 69,804 sq ft
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FAQs about Commercial Properties For Sale in Lee On The Solent

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How many Commercial Property listings are available for sale in Lee On The Solent?
There are currently 0 Commercial Properties available for sale near Lee On The Solent. These Lee On The Solent Commercial Property listings have an average size of. The largest available listing in Lee On The Solent is. The thriving commercial centre and excellent transport links in Lee On The Solent make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Lee On The Solent?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Lee On The Solent currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Lee On The Solent?
There is a diverse range of commercial properties available in Lee On The Solent to suit various business needs. Lee On The Solent offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Lee On The Solent commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Lee On The Solent, UK

Market Overview for Commercial Properties in Lee On The Solent

Key information for Commercial Properties investors in Lee On The Solent and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Portchester £119 599 sq ft
£152 7,129 sq ft
Fareham £144 5,090 sq ft
East Cowes £366 982 sq ft
Southsea £86 43,353 sq ft

Rental Price Trends in Lee On The Solent

The price per square foot range for Commercial Properties in Lee On The Solent and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Portchester £119 £119 £119
£64 £152 £630
Fareham £91 £144 £181
East Cowes £366 £366 £366
Southsea £86 £86 £86

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Lee On The Solent area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Portchester 599 sq ft 599 sq ft 599 sq ft
350 sq ft 7,129 sq ft 69,804 sq ft
Fareham 537 sq ft 5,090 sq ft 19,672 sq ft
East Cowes 982 sq ft 982 sq ft 982 sq ft
Southsea 16,902 sq ft 43,353 sq ft 69,804 sq ft

You searched for commercial property for sale in Lee On The Solent. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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