Retail Property for Sale in the Isle Of Wight

Retail in Isle Of Wight available for sale

Explore the Latest Isle Of Wight Retail Properties for Sale - Page 2

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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28 High St

Newport, PO30 1SS

Retail for Sale
£275,000
1,046 sq ft

Security System
24 Hour Access

Newport Retail for Sale - Newport, Isle of Wight

Offers invited in the region of £275,000 for the freehold interest of the building. The shop is currently let to Blacks (owned by JD Sports PLC), on a 3-year lease from 1st July 2024 at a passing rent of £15,000 which represents a very strong covenant and revisionary rent. A planning pre-application has been put forward to create six flats and re-model the ground floor shop of 28 High Street, Newport. A pre-application was submitted to the Isle of Wight Council which gained a favourable response subject to various consents. A copy of this pre-application can be e mailed to any interested party along with the supporting plans etc. Please see some floor plans overleaf. The proposal is for three x 2-bedroom units and three x 1-bedroom unit ranging from 46m² to 100m² giving an approximate gross internal area of 378m² (4,068ft²). On top of this, there is a re modelling of the shop which runs to approximate 97m² (1044ft²) net. On paper the shop using recent comparables could achieve a rent of circa. £11,000 per annum once finished to a shell specification. Located in Newport High Street, placing the development in easy reach for all that Newport has to offer from shopping, restaurants and transport links etc. It benefits from being in close proximity to St Thomas Square. Other prominent retailers are in close proximity such as Holland & Barrett, Trespass, Boots, EE, Waterstones and Clinton Cards along with several major banks. The immediate population of Newport is around 25,000 with a catchment of around 60,000 when operating as the comparison shopping centre for the entire Island population of around 140,000. Continued investment in the town ensures its importance as a retail and leisure centre.

Contact:

Gully Howard Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

10/06/2025

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More details for 45 Sandown Road Rd, Sandown - Retail for Sale

The Stag (former) - 45 Sandown Road Rd

Sandown, PO36 9JL

Retail for Sale
£395,000
1,369 sq ft

Security System
24 Hour Access

Sandown Retail for Sale

Freehold interest of the whole building for sale, with offers invited "in the region of" £395,000. 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 are generating an income of circa £21k per annum. The Stag is a substantial and highly visible detached property on the corner of the junction of Sandown and Newport Road and around the corner from the new Merrie Gardens Retail Park. These two major arterial roads link the Sandown-Shanklin-Lake conurbation with the major towns of Newport, Ryde and Cowes. Ground floor former pub/restaurant area runs to circa 88m² (947 ft²) including the bar which is mainly open plan. There is a children's room/function room to the rear of the premises with a small kitchen and ancillary storage area. The public areas are supported by ladies and gents toilet facilities.