Retail in PO32 available for sale
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Retail Property for Sale near PO32

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Find Retail Property for sale in PO32 that meets your business or investment goals

More details for 24 Castle St, East Cowes - Retail for Sale

24 Castle St

East Cowes, PO32 6RD

  • Retail for Sale
  • £475,000
  • 982 sq ft
  • Air Conditioning

East Cowes Retail for Sale

Offered for sale is a mixed investment block with commercial unit to the ground floor and residential to the uppers. Ground Floor - Commercial tenancy currently on a 6 year lease from 2022. Current rent is £19,000 per annum. Uppers - The first and second floors comprise 2 apartments, 1 x large 2 bed and 1 x large 3 bed, both currently let. The residentials to the first and second floors are quite sizeable and could potentially be separated into 4 x apartments. Planning permission has been approved for this conversion under planning reference number: 22/00552/FUL. Total current income for this investment opportunity is £37,000pa. If converted the rental income for the new apartments created could generate a further £15,000pa. Potential income for the whole block could be in the region of £52,000pa. Offers sought in the region of £475,000 for this freehold property.

Contact:

Hose Rhodes Dickson

Date on Market:

23/09/2025
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Retail Properties for Sale Within 5 miles of the PO32

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 37 High St, Ryde - Retail for Sale

37 High St

Ryde, PO33 2HT

  • Retail for Sale
  • £110,000
  • 500 sq ft

Ryde Retail for Sale

<p><strong>LOCATION</strong><br/>Situated on Ryde High Street, within the pedestrianised zone. Ryde High Street is a buoyant shopping center and offers various national and boutique shops. <br/><br/>Ryde is located to the North of the Island and is the biggest town by population. </p><p><strong>DESCRIPTION</strong><br/>Offered for sale is this ground floor mid terrace commercial property. <br/><br/>The ground floor is currently let on a 5 year lease at a current passing rent of £9,950pa. <br/><br/>The ground floor has recently been refurbished and offers circa 48 sq m (516 sq ft) with double front display windows, suspended ceiling and staff areas. </p><p><strong>TERMS</strong><br/>This investment is available to purchase with a guide price of £110,000. The ground floor is held on a long lease of 125 years.</p><p><strong>VIEWING</strong><br/>All viewings to be arranged via HRD Commercial. Please contact[use Contact Agent Button] or [use Contact Agent Button]. </p>

Contact:

Hose Rhodes Dickson

Property Subtype:

Shopfront Retail / Residential

Date on Market:

24/12/2025
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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
  • 24 Hour Access

Cowes Retail for Sale

An incredible chance to purchase a piece of Cowes history, Benzies of Cowes. Situated in the High Street, Benzies has the commercial ground floor shop area and includes three upper floors of accommodation that include 1/2 sitting rooms and 3/4 bedrooms with 2 shower/bathrooms. At the top of the building is a hidden staircase leading to a 'turret' with 360 degree views across Cowes and the Solent. The shop, with its listed frontage, leads to an office, large workshop, staff kitchen and cloakroom. The accommodation can be accessed from its own separate secure entrance or through the showroom. In addition there is also a garden. Located within the heart of Old Town Cowes, Benzies is a destination in its own right and this most attractive property combines history with prime location.

Contact:

Pattinson Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

27/11/2025
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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
  • Energy Performance: D

Newport Retail for Sale - Newport, Isle of Wight

This is a well-located freehold retail investment situated in a prime high street pitch in Newport, Isle of Wight. The property is fully let to A G Retail Cards Limited (trading as Clintons) on a reversionary 5-year FRI lease from December 2018, producing a current passing rent of £75,000 per annum. The investment offers stable income with potential reversion, underpinned by a prominent retail position within the island’s main commercial and administrative centre, benefiting from strong footfall and year-round visitor activity.

Contact:

Hose Rhodes Dickson

Date on Market:

26/11/2025
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More details for 38 Simeon St, Ryde - Retail for Sale

Madeira - 38 Simeon St

Ryde, PO33 1JQ

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

Ryde Retail for Sale

<p><strong>LOCATION</strong><br/>Located on Simeon Street, the property is just a short walk from the Town Centre, the Esplanade and Ryde's extensive sandy beaches. <br/><br/>The unit enjoys a prominent corner position which benefits from sea views and a high foot fall with walkers, locals and tourists alike.<br/><br/>Ryde is the biggest town on the Island by population, circa 32,000 (2011 census) and offers great transport links across the Island with Ryde Pier housing the Fastcat to Portsmouth. <br/></p><p><strong>DESCRIPTION</strong><br/>Offered for sale is Madeira, a well-known trading antique store and coffee shop.<br/><br/>The unit benefits from large dual aspect windows and measures approximately 50 sqm. The ground floor consists of retail space, a coffee bar & seating area with a tanked, well-kept basement to the lower ground floor and a separate WC. <br/><br/>The current owner has a café license for 35% of the shop which generally consists of approximately 15 covers and have previously served cold food such as cakes and sandwiches.<br/><br/>All items in the shop will be included in the sale, including the Fracino coffee machine and ICR till.<br/><br/></p><p><strong>SERVICES</strong><br/>The unit benefits from electricity, water and drainage. </p><p><strong>TERMS</strong><br/>Our client is asking Guide Price £75,000 for the fixtures, fittings, goodwill, stock and the remainder of the lease at circa 676 years. </p><p><strong>OUTGOINGS</strong><br/>The VOA shows a ratable value of £4,950. The rates payable would be circa £2,500 per annum. The property may be eligible for some reduced level of rates relief, all enquiries for this should be directly with the Valuation Office Agency or IOW Council.</p><p><strong>VIEWING</strong><br/>All viewings to be arranged via HRD Commercial. Please contact on[use Contact Agent Button] or [use Contact Agent Button].</p>

Contact:

Hose Rhodes Dickson

Property Subtype:

Shopfront

Date on Market:

10/10/2025
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More details for High St, Ryde - Retail for Sale

High St

Ryde, PO33 2PN

  • Retail for Sale
  • £400,000
  • 2,533 sq ft

Ryde Retail for Sale

Situated at the northern end of the main High Street of Ryde, where it adjoins St. Thomas Square and Union Street, early interest is very strongly encouraged in respect of this rare investment opportunity, available now for sale, subject to the tenancies in situ (businesses unaffected). Ryde is the Island’s second main commercial centre, but enjoys the largest residential catchment area of any, with a wide variety of facilities within the town boundaries, including an excellent mix of local independent and national corporate commercial occupiers, coupled with the ever-popular beaches, Esplanade and leisure facilities, plus the regular and quick foot passenger crossings to Portsmouth and Southsea on the mainland from Ryde Pier Head and the Esplanade respectively. The town is popular with locals and tourists alike, with a good year-round trade that is supplemented considerably by visitors during the summer season each year. The premises are of traditional older-style construction, with further details as briefly outlined overleaf.

Contact:

Scotcher & Co

Date on Market:

13/08/2025
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More details for 55 Cross St, Cowes - Retail for Sale

55 Cross St

Cowes, PO31 7TA

  • Retail for Sale
  • £725,000
  • 1,152 sq ft

Cowes Retail for Sale

Freehold Title (IW7260). Guide price £725,000. The property will be sold with vacant possession upon completion. Fixtures and fittings which are owned outright by the vendor can be acquired by separate negotiation; stock can also be purchased in addition at valuation on completion of a sale. Description The property comprises of two distinct attached buildings with the restaurant being single storey with rendered and painted elevations under a flat roof. The living accommodation is single storey converted Victorian penny day school of stone construction under a pitched slate roof. To the rear, unique for this area, is a landscaped multi terrace garden. Commercial Space The contemporary, bright and vibrant interior benefits from a long glazed return frontage with bi-fold doors. Currently the configuration provides an open plan kitchen and fitted bar servery with a separate preparation and wash-up room. The customer space features an open plan dining area for 30 customer seats (100 standing for functions) and soft seating. The fixtures and fittings are primarily of a high end design and include Corian worktops and a Dik Guerts log burner. Approximate GIA 1,152 sq ft. Living Accommodation The residential element to the property is highly desirable. This former school house has been extensively renovated, retaining some of the original features. An open plan living space with bespoke kitchenette including Quooker tap, a large bedroom, modern bathroom, separate utility room and a substantial mezzanine area. Approximate GIA 1,672 sq ft. External The space here is totally unique for the area, with two interconnected walled terraced areas which can be used as commercial or private spaces. These areas are designed in a Mediterranean style; features include paved and artificial grass ground cover, concrete outdoor kitchen, composite decking and white washed walls. The Business The business for the past 13 years of ownership, has become renowned across the Island as a bar, restaurant and events venue, but could lend itself to wide range of commercial orientated uses. Moocow is a sustainable “lifestyle business” currently operating just two days of the week; there is scope to extend trading days to meet demand. Please visit the Moocow website for more information. EPC, Services & Rates EPC C - 69. We understand all mains services are connected. The 2023 Rateable Value is £7,600. This is not the rates payable. Council Tax Band C. Premises Licence The property benefits from a premises licence granted by Isle of Wight Council (number 052042) which permits the sale of alcohol daily 10:00 - 00:00.

Contact:

Savills

Property Subtype:

Restaurant

Date on Market:

07/07/2025
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LoopNet UK Isle Of Wight East Cowes Retail Properties For Sale in PO32, East Cowes, UK

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FAQs About Retail Property For Sale in PO32

See All Retail Spaces For Sale
How many retail properties are currently available for sale in PO32?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in PO32?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the PO32

With 1 retail units currently available for sale in PO32, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in PO32, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in PO32, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in PO32 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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