Commercial Property in Isle Of Wight available for sale
8

Grocery & Local Shops for Sale near Isle Of Wight

Retail Properties for Sale Near the Isle Of Wight

More details for 15 Scarrots Ln, Newport - Retail for Sale

15 Scarrots Ln

Newport, PO30 1JD

  • Retail for Sale
  • £120,000
  • 1,865 sq ft

Newport Retail for Sale - Newport, Isle of Wight

Freehold commercial investment for sale within the island’s main town centre of newport – tenancy and business unaffected. Price guide - £120,000 freehold. Subject to the existing commercial tenancy in situ. Gross yield on capital before costs estimated at 9.92%. Tenure: Advised Freehold, to be confirmed in legal documentation, and subject to an existing commercial tenancy in situ at a passing rent of £11,900 p.a.x. The lease is dated 28th July 2020 for a term of 12 years up to and including 1st July 2032. Our client’s title is held under Title Numbers IW12267 and IW75132. A copy of the relevant lease documents can be made available to bona fide applicants or their professional advisors, subject to signature of a confidentiality agreement. Situated just a few steps from the main Town Centre and St. James Street, this is a rare opportunity to purchase a fully commercial investment, with an existing long-standing tenant in situ. The New Rembrandt Gallery has traded for many years in this location, and provides extensive accommodation for the main business and associated activities. Newport itself is the County Town and administrative centre for the Island and, as such, is constantly busy, with a great many and wide variety of commercial occupiers both national and local within its boundaries. The property itself is effectively semi-detached and is of traditional construction over three floors. Over the three floors, the total NIA is 1,865ft² (200.4m²).

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

03/07/2026

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More details for 30 Avenue Rd, Freshwater - Retail for Sale

30 Avenue Rd

Freshwater, PO40 9UU

  • Retail for Sale
  • £75,000
  • 450 sq ft

Freshwater Retail for Sale - Isle Of Wight

Early inspection is strongly advised of this recently extensively refurbished lock-up commercial unit. which is available for lease or possibly to purchase – and could suit a variety of in-town uses. We are advised that the property is Freehold. In the event of a lease being granted, this will be effectively on a full repairing and insuring basis, with if appropriate three-yearly upward-only rent reviews. The Landlord will insure the building with the tenant to pay their share of the premium, and the tenant will be responsible for their own contents and Public Liability insurance, to include the glazing, as is standard. The Landlord will reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II. Price Guide - £75,000 Freehold. The unit is situated in the heart of Freshwater and offers some 250ft² (23.23m²) net sales, with a recessed entry door and good display window. A small step up leads to a wide corridor, off of which are three potential treatment rooms or offices. The total floor area of the ancillary rooms is approximately 200ft² (18.2m²) net internal area. The access corridor also features a small modern WC facility with adjoining wash basin. Freshwater is an exceptionally popular West Wight town, with a wide range of facilities within its boundaries, and a large residential catchment area.

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

18/06/2026

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More details for 37 High St, Ryde - Retail for Sale

37 High St

Ryde, PO33 2HT

  • Retail for Sale
  • £110,000
  • 500 sq ft
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More details for 61 High St, Cowes - Retail for Sale

61 High St

Cowes, PO31 7RL

  • Retail for Sale
  • £850,000
  • 1,601 sq ft
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More details for 34 High St, Shanklin - Retail for Sale

34 High St

Shanklin, PO37 6JY

  • Retail for Sale
  • £80,000
  • 554 sq ft

Shanklin Retail for Sale

<p><strong>LOCATION</strong><br/>The premises are well located in Shanklin High Street with free on-street parking opposite and supported by other restaurants and eateries. <br/><br/>Shanklin is the Island's major town on the south coast and serves as a day-to-day needs centre, particularly for the Sandown, Shanklin, and Lake conurbation. The sandy beaches and leisure offer of the area ensure high numbers of visitors and tourists, boosting the local population of around 19,500.</p><p><strong>DESCRIPTION</strong><br/>Bar & Grill running to approximately 51.5m² (554 ft²) in total with the main area running to approximately 27 m² (290 ft²) and currently laid to cater for 28 covers. This area is supported by a small counter/servery/bar area with customer toilets, wash-up and preparation area leading through to the commercial kitchen and a further wash and preparation area to the rear of that. <br/><br/>There is also a yard off to the side of the unit for bin storage etcetera. Please see floor plan for further details. We are informed that the tenants have now gained an alcohol licence.<br/><br/>THE LEASE<br/>The Café is held on the residue of a of a 10 year FR&I lease from 2020, at a current passing rent of £7,200 per annum. The Flat over has been sold off on a long leasehold. The long leasehold dates from 06 April 1848 on the remainder of a 999 year lease term Ground Rent is £10 per annum.<br/></p><p><strong>TERMS</strong><br/>For Sale with offers invited "in the region of" £80,000 for the Freehold interest of the building. Copies of the long leasehold for the flat and the lease for the shop are available to bona fide applicants upon request from the agents.</p><p><strong>OUTGOINGS</strong><br/>Rateable Value: £4,350<br/><br/>2024/2025: £0.546p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on[use Contact Agent Button].</p><p><strong>VIEWING</strong><br/>Strictly by appointment with the agents. Call Lisa Mercer or Charlie Dickson on[use Contact Agent Button] or [use Contact Agent Button]</p>

Contact:

Hose Rhodes Dickson

Property Subtype:

Restaurant

Date on Market:

26/11/2025

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More details for 42 High St, Newport - Retail for Sale

42 High St

Newport, PO30 1SE

  • Retail for Sale
  • £875,000
  • 4,360 sq ft
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FAQs about Isle Of Wight Grocery & Local Shops For Sale

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How many Grocery or Local Shop listings are available for sale in Isle Of Wight?
There are currently 0 Grocery & Local Shops on the market in and around Isle Of Wight.
How much does it cost to buy Grocery or Local Shop in Isle Of Wight?
Asking prices in Isle Of Wight range based on market conditions.

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