Retail in Isle Of Wight available for sale
25

Retail Properties for Sale in the Isle Of Wight, Newport

Explore the Latest Isle Of Wight Retail Properties for Sale

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

More details for 61 High St, Cowes - Retail for Sale

61 High St

Cowes, PO31 7RL

  • Retail for Sale
  • £850,000
  • 3,806 sq ft
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More details for Avenue Rd, Freshwater - Retail for Sale

The Cabin - Avenue Rd

Freshwater, PO40 9UT

  • Retail for Sale
  • £77,500
  • 385 sq ft

Freshwater Retail for Sale - Isle Of Wight

An unusual opportunity to purchase this freehold premises and business, with development potential to provide a single-bedroom flat above. Price guide - £77,500 Freehold + stock at valuation The premises: Semi-detached and currently provides for a single-storey unit measuring some 20’3 x 19’ overall, equating to about 385ft² (35.8m²), currently fitted for purpose with serving counter, display units and other fittings, and benefiting from a direct frontage and entry from Avenue Road. Lobby with adjoining single WC facility with wash hand basin. The business: “The Cabin” has operated in a similar format for many years, in the sale of newspapers, magazines, tobacco, confectionary, souvenirs and gifts, on a profitable basis, and is offered for sale fully equipped as a going concern. An inventory of fixtures, fittings and equipment will be provided on the occasion of a sale. Profit and loss accounts are available to bona fide applicants and/or their professional advisors, subject to signature of a confidentiality agreement. Planning: The premises benefit from a current planning consent, granted on 18th March 2024, for conversion of the first floor to a compact residential unit. LPA Reference No. 24/00114/FUL. A copy of the planning consent and associated plans are available either via the IW Planning Unit or via request to the agents. Interested applicants should make any further planning enquiries of the IW Planning Unit on 01983 823552.

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

29/09/2025

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More details for High Street Street, Yarmouth - Retail for Sale

The Blue Crab - High Street Street

Yarmouth, PO41 0PL

  • Retail for Sale
  • £135,000
  • 1,017 sq ft

Yarmouth Retail for Sale

The subject premises are situated towards the eastern end of the High Street of Yarmouth, amongst a variety of independent traders, and present a rare investment opportunity in the town, and is being sold subject to the existing tenancy in situ with the tenant’s interest unaffected by the sale We understand that our client holds the Freehold interest for the entire building under Land Registry Entry IW8111 and we are advised that the ground leasehold interest of the upper floors is held under Land Registry Entry IW81525. The premises are being sold subject to the existing tenancies in situ, and all leasehold interests should be unaffected by the transaction. Price guide for the freehold is £135,000. Yarmouth in itself is a very popular historic West Wight town, drawing trade from both locals and holiday-makers alike, and in particular from marine activities and visitors attracted to the delightful harbour. Yarmouth is also home to the Wightlink vehicle and passenger ferry service to Lymington on the mainland and the New Forest beyond. Opportunities such as this within Yarmouth are extremely rarely available, therefore early interest is encouraged. Further details of this investment opportunity are as briefly outlined overleaf. Accommodation: The Freehold interest we understand includes the whole building. However, the upper floors are owned separately on a ground leasehold arrangement as a residential arrangement. The ground floor comprises a commercial unit, currently fitted if required as a restaurant but now utilised by the existing tenant as a successful takeaway facility, drawing trade not only from the town but also from visiting sailors and holidaymakers. The current lease for the commercial entity is the balance of a 20-year term from 2015, within the security provisions of the Landlord & Tenant Act 1954, Part II, at a passing rent of £12,000 p.a.x.

Contact:

Scotcher & Co

Property Subtype:

Restaurant

Date on Market:

29/09/2025

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More details for 79 Medina Av, Newport - Light Industrial for Sale

Formerly Jewson - 79 Medina Av

Newport, PO30 1HG

  • Light Industrial for Sale
  • £1,200,000
  • 15,760 sq ft

Newport Light Industrial for Sale - Newport, Isle of Wight

A rare freehold opportunity to purchase this extensive site and buildings on the edge of Newport Town Centre. Price guide – £1.2 million (Freehold). Situated within easy reach of the main Town Centre, with various commercial users nearby including M&S, Matalan, Asda and the soon-to-be-commenced retail development of St. George’s Way. Medina Avenue otherwise is mainly made up of residential occupiers, and the expectation is that the site and buildings could either suit redevelopment or alternative commercial uses, subject to any necessary consents. Please note that use as a building trade outlet will be excluded, and the site is only available for sale due to the client’s relocation to their new central site off St. George’s Way. Newport, being the County Town and administrative centre for the Island, is constantly busy and continues to expand both commercially and residentially. The site, which is well-located as well to give good communications to the rest of the Island, has an area of some 1.21 acres (4,904m² / 52,800ft²) and includes three main existing buildings. Further information and details are as briefly outlined overleaf. Accommodation: Comprising three main buildings, as follows: Main Showroom: Of some 3,100ft² (288m²) sales, enjoying a wide display frontage and forecourt overlooking Medina Avenue. To the rear of the showroom are rear stores of some 1,980ft² (184m²) GIA, over which in part is a mezz-deck facility of some 1,470ft² (136.6m²), incorporating storage, staff and welfare facilities. Immediately adjoining is a warehouse facility, providing some 2,000ft² (185.8m²) GIA, with roller-shutter door. To the rear of the showroom and ancillary units is… Detached Storage Building: Offering some 1,085ft² (101m²) GIA, with some internal lightweight mezz-deck facilities to provide a further 500ft² (46.45m²) GIA of additional storage. The building has two external overhangs with external storage beneath. Also to the rear of the main showroom building are… Two Adjoining Warehouse Facilities: Providing 1,655ft² (153.8m²) and 3,360ft² (312.15m²) GIA respectively. The smaller warehouse incorporates a lightweight mezzanine deck of some 1,110ft² (103.1m²) GIA for additional storage if required. The larger unit incorporates two raised loading bays. External: The total site area is some 1.21 acres (4,904m²/52,800ft²), providing an extensive external storage area and a one way ‘in and out’ vehicle access arrangement at present. Apart from the built-over areas, the site enjoys the benefit of concrete coverage in the most part. A client-supplied site layout plan is attached, which is not to scale and is for identification purposes only.

Contact:

Scotcher & Co

Property Subtype:

Showroom

Date on Market:

28/09/2025

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More details for 8-10 High St, Ventnor - Retail for Sale

8-10 High St

Ventnor, PO38 1RY

  • Retail for Sale
  • £180,000
  • 2,291 sq ft
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More details for 86-88 High St, Newport - Retail for Sale

86-88 High St

Newport, PO30 1BH

  • Retail for Sale
  • £525,000
  • 6,433 sq ft

Newport Retail for Sale - Newport, Isle of Wight

Sale by private treaty and, if appropriate to both parties, possibly dealt with as a transfer of a going concern (TOGC). £525,000 for Freehold, with a gross rental income of £48,000 p.a.x., equating to approximately 9.14% before costs. Located towards the western end of the main High Street of Newport, which in turn is the County Town and administrative centre for the Island and, as such, is constantly busy and generally considered the commercial hub for the Isle of Wight. The town is home to a wide variety of local and national commercial occupiers, with ongoing developments both within the town and in the surrounding area continuing to cement its position as a prime location for commercial and other investments. Freehold investment opportunities such as this are rarely available in the town, and this instruction is considered ideal for addition to an income-producing portfolio or private pension fund, therefore early interest is encouraged. The property itself is constructed over three floors, of traditional construction, and benefits from rear car parking: the accommodation and other details are as briefly outlined overleaf. A display forecourt to the front of the property. An incorporated side access archway at the side of the shop leads through to the enclosed tenants’ rear car parking area. The sale is subject to the existing tenancies in situ, briefly outlined as follows: Ground Floor: Let to Day Lewis PLC for a 10 year term from 2nd August 2022, at a passing rent of £23,000 p.a.x. with five-yearly rent reviews and within the security provisions of the Landlord & Tenant Act 1954, Part II. We understand that the tenant’s have break clause arrangements on 1st August 2025 and 2028, both on not less than 6 months’ prior written notice. First & Second Floors: Originally let to Pinnacle Health Partnership Ltd. and now we understand vested in EMIS Ltd., on the basis of a 10 year term from 21st February 2017, at a passing rent of £25,000 p.a.x. with three-yearly rent reviews. Both leases are, we understand, granted on an FR&I basis, and copy leases can be supplied to bona fide applicants and their professional advisors upon request.

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

28/09/2025

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More details for 76-78 Fairlee Rd, Newport - Retail for Sale

76-78 Fairlee Rd

Newport, PO30 2EL

  • Retail for Sale
  • £75,000
  • 1,722 sq ft
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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
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More details for Avenue Road, Freshwater - Retail for Sale

Former Dental Practice - Avenue Road

Freshwater, PO40 9UT

  • Retail for Sale
  • £185,000
  • 1,265 sq ft

Freshwater Retail for Sale - Isle Of Wight

Early interest is encouraged in this freehold commercial premises over ground and first floor, in a prominent trading location and suitable for a variety of occupiers. Price guide - £185,000 freehold. Situated overlooking the main thoroughfare through Freshwater, which in itself is the main West Wight town and enjoys within its boundaries a wide variety of facilities, including the West Wight Community Sports Centre with its heated pool, Brookside Medical Centre, Freshwater Library, a Sainsbury’s Local, a large Tesco Express, and a number of independent and national traders and hospitality establishments. The West Wight is noted for its fine beaches, country walks and scenery, and Freshwater as a result enjoys a good year-round local trade, supplemented considerably during the tourism season by visitors to the Island. The premises could suit a wide variety of occupiers, sitting amongst a mix of local traders, and the property is semi-detached and of traditional construction over two floors, with further details as briefly outlined overleaf. Ground Floor: Measuring some 32’5’’ wide internally x an overall depth of approximately 25’9’’, currently subdivided into an attractive former reception area and three former treatment rooms. Internal store cupboard and DDA-compliant WC facility. The treatment rooms in the most part retain certain internal fixtures and fittings from their previous use. A rear staircase leads up to the first floor. First Floor: Perhaps ideal for a form of living accommodation (subject to any necessary consents), currently to incorporate a potential sitting room of 12’6’’ x 7’3’’ with cupboard housing hot tank. A step up to an adjacent kitchenette of 11’ x 5’1’’, with cupboards, drawers, wall cupboards, worktops and a stainless steel sink unit. Main internal room of some 13’ deep x 12’3’’ max. with extensive under-eaves storage, communicating to a second loft room of some 14’ x 8’7’’ to eaves. Bathroom with panelled bath, pedestal wash basin and close-coupled WC. Small ‘under-eaves’ room of 8’6’’ x 5’ with fitted basin. Extensive under-eaves storage. The premises have for many years been used as a dental surgery, but could suit a wide variety of other commercial uses under the new Class E Planning provisions. The current configuration allows for access to the first floor from the back of the shop; however, we believe that it could be possible, subject to any necessary consents and regulations, to turn the staircase and utilise an existing potential side door to make the upper floors self-contained. We are advised that the premises retain pedestrian access through the former side doorway if required.

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

17/08/2025

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More details for 45 Atherley Rd, Shanklin - Retail for Sale

45 Atherley Rd

Shanklin, PO37 7AU

  • Retail for Sale
  • £225,000
  • 470 sq ft

Shanklin Retail for Sale

A well-located and successful fish and chip shop with self-contained flat over, available for sale fully equipped as a going concern. Price guide - £225,000 freehold. Situated overlooking Atherley Road, which links the Town Centre of Shanklin with Hope Road, in turn leading down to the Esplanade and beach, and located amongst other fast food outlets and within easy reach of the wealth of hotels and self-catering apartments in the area, with a municipal car park directly opposite. Shanklin itself is an ever-popular resort town, enjoying a year-round trade supplemented considerably by tourism, and the town boasts a wide variety of facilities within its boundaries, including Shanklin Chine, The Old Village, Shanklin Theatre, and the Esplanade overlooking Sandown Bay, amongst others. AJ’s Takeaway is a long-established and successful business in the area, with the benefit of a separately-accessed flat over, and it is worthy of early inspection. Ground floor: Having recently benefited from a total refit, the business presents extremely well and is very well-equipped for purpose. The accommodation is as indicated by way of the attached floor plan, which is for identification purposes only and not necessarily to scale. The business: AJ’s Takeaway is very long-established as a traditional fish and chip shop takeaway, and is available fully equipped as a going concern with an inventory to be available in the event of a successful sale. Turnover and accounts can be discussed, but only with bona fide applicants and/or their professional advisors, and this and other information may only be provided subject to signature of a confidentiality agreement.

Contact:

Scotcher & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

17/08/2025

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More details for 83-85 High St, Sandown - Retail for Sale

83-85 High St

Sandown, PO36 8AQ

  • Retail for Sale
  • £79,950
  • 730 sq ft
  • 1 Unit Available
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More details for 44 High St, Ventnor - Retail for Sale

44 High St

Ventnor, PO38 1LT

  • Retail for Sale
  • £149,500
  • 660 sq ft

Ventnor Retail for Sale

The property is offered ‘chain-free’ with eventual vacant possession upon completion of a sale, and enjoys a good level of character and charm. The property itself is effectively mid-terraced and of older traditional construction. Understood to be Freehold, to be confirmed in legal documentation. Guide price £149,500. Accommodation: Ground Floor: Entrance is via the shop, which is of an irregular shape and measures some 17’1’’ deep x 12’4’’ wide, and is backed by its own lobby and single WC facility. Steps down lead to… Basement: Following similar dimensions to the shop, to provide useful storage and with a separate WC/small utility facility. A staircase up from the rear of the shop leads to… First Floor: With a landing. Sitting room of irregular shape and measuring some 12’6’’ x 12’1’’, and fitted kitchenette area off including sink, worktops and cupboards etc. Shower room with WC, shower cubicle and wash hand basin. A further staircase leads up to… Second Floor: Comprising a main bedroom (front) of 11’9’’ x 10’4’’ and behind that, of irregular L-shaped configuration, a further bedroom measuring some 13’2’’ x 7’4’’ maximum. Situated towards the eastern section of the main High Street of Ventnor, amongst a variety of independent retail, hospitality and other occupiers, including the local Tesco Express convenience store. Ventnor itself is a popular small resort town towards the southern tip of the Island, benefiting from its own ‘micro-climate’, situated as it is in the lee and shelter of St. Boniface Down. Ventnor is also well-known for its popular beach and Esplanade, and boasts a variety of leisure and tourism facilities and events in and around the area. Unusually, the premises are built over four floors, to include a basement, and comprises a compact shop with two-bedroom living accommodation over. The premises would be suitable for a wide variety of uses, therefore, subject to any necessary consents. The property is offered ‘chain-free’ with eventual vacant possession upon completion of a sale, and enjoys a good level of character and charm. The property itself is effectively mid-terraced and of older traditional construction.

Contact:

Scotcher & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

13/08/2025

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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
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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 27-31 Regent St, Shanklin - Retail for Sale

27-31 Regent St

Shanklin, PO37 7AF

  • Retail for Sale
  • £200,000
  • 1,000 sq ft

Shanklin Retail for Sale

A freehold investment property for sale in the centre of this ever popular resort town. Price guide is £200,000. The ground floor comprises three lock-up commercial units, all currently let to provide a gross income of some £19,840 p.a.x. Access stairs either end of the main building lead up to the two upper floors, which were professionally converted in recent years into six individual flats, sold off separately on ground leases and bringing in a further annual income of £1,296 pa. Total gross annual income: £21,138 pa, representing a gross yield before costs of approx. 10.57% yield on capital. Well-situated within what is generally considered the main commercial street of Shanklin, which itself in turn is a very popular local resort town, enjoying a good year-round trade, which is supplemented considerably during the seasonal months by tourism input. It has within its boundaries a wide variety of facilities, including the ever-popular Esplanade and beach overlooking Sandown Bay. Regent Street features a number of local independent traders alongside certain national names, including Southern Cooperative and Poundland, and investment opportunities within the area are rarely available. Therefore, early interest is strongly encouraged. The premises are built over three floors, with commercial units on the ground floor and residential units above. Car parking to the rear of the property, with the spaces allocated to tenants. The attached Land Registry Title Plan indicates the site. Further relevant plans and Title documents can be supplied to bona fide applicants and/or their professional advisors upon request to the agents.

Contact:

Scotcher & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

06/08/2025

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More details for 27 High St, Ryde - Retail for Sale

27 High St

Ryde, PO33 2HT

  • Retail for Sale
  • £350,000
  • 1,510 sq ft
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More details for 1 Pallance Rd, Cowes - Retail for Sale

1 Pallance Rd

Cowes, PO31 8LN

  • Retail for Sale
  • £295,000
  • 955 sq ft

Cowes Retail for Sale

Price guide - £295,000 Freehold. Vacant possession upon legal completion. Occupying a high profile location on the corner of Pallance Road, and with Cockleton Lane and Place Road, the latter being one of the main thoroughfares into Cowes itself, the property is currently configured as a former Post Office and ancillary accommodation, plus a former hair and beauty salon, both on the ground floor. The property also benefits from comfortable and well-presented living accommodation over the ground and first floors, and should be viewed to be fully appreciated. Northwood itself is an extensive residential area just to the south of Cowes, which is noted both nationally and globally as a marine centre, and local traders benefit from a year-round trade, supplemented considerably during the seasonal months, not least by Cowes Week and associated regattas. The town also provides excellent communications to the mainland via Red funnel’s cross-Solent hi-speed Red Jet passenger ferry service. With clear potential for further development or conversation, or alternatively for partial continued commercial use, the property is detached and of conventional construction, with further details as briefly outlined overleaf. A useful forecourt area to the front of the salon, a driveway/hard-standing off Pallance Road, and the attractive mature courtyard-style gardens, which are a real feature of this property. Accommodation: Former Salon: Comprising three inter-connecting areas: the main salon of some 17’2’’ wide x 18’9’’, a central area of some 13’3’’ x 13’ and of irregular shape, and a rear treatment room of some 9’8’’ x 6’6’’. An internal lobby and kitchenette area with adjacent WC links the salon with the main living accommodation. Former Post Office: Comprises a former customer area of some 14’4’’ x 9’10’’ with counter/’fortress’ area behind of some 15’7’’ x 9’8’’, and supplemented by an inner storeroom of some 10’7’’ x 10’1’’. Again, this accommodation communicates to the rear with the main living accommodation.

Contact:

Scotcher & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

31/07/2025

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More details for 108 Regent St, Shanklin - Retail for Sale

Shanklin Launderette - 108 Regent St

Shanklin, PO37 7AP

  • Retail for Sale
  • 485 sq ft
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More details for 38 Simeon St, Ryde - Retail for Sale

Madeira - 38 Simeon St

Ryde, PO33 1JQ

  • Retail for Sale
  • 538 sq ft
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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

<p><strong>LOCATION</strong><br/>Located in the centre of the County Town and commercial and administrative centre of the Island, Newport is able to draw from the total population of circa 140,000, considerably boosted by large numbers of visitors estimated at around 2.3 million per year. <br/><br/>There is a weekly Farmer's market in St Thomas Square around the corner from the property, home to many eateries with outdoor seating attracting large numbers of Islanders and visitors alike to enjoy the cosmopolitan atmosphere it creates. <br/><br/>The town also boasts a cinema complex on Coppins Bridge and has excellent road and transport links to the rest of the Island with the main bus interchange located in the heart of the South Street Retail Park a few minutes away. This provides excellent links to the passenger ferries from Southampton and Portsmouth bringing thousands of day trippers over to the Island each year.</p><p><strong>DESCRIPTION</strong><br/>The property benefits from a large frontage of circa 8.6 metres (28 feet) to the prime area of Newport High Street and the accommodation is arranged over 4 floors with the retail area being on the Ground Floor. The upper 3 floors provide staff accommodation/facilities, office and storage with access off the High Street.<br/><br/>GROUND FLOOR<br/>The Ground Floor area runs to a total of 269.5m² (2,901ft²), with the main retail area equating to 106m² (1,140ft²) in terms of Zone A<br/><br/>UPPER FLOORS<br/>The upper floors provide plenty of storage, together with staff accommodation/facilities and office space. The first floor runs to a total of circa 50.5m² (544ft²), the second floor to circa 60.5m² (651ft²) and the third floor circa 24.5m² (264ft²).<br/><br/>COVENANT STRENGTH<br/>Founded in 1968 Clinton Card's 397 stores were purchased by American Greetings in June 2012, with 360 stores trading in the UK. Turnover to 28 January 2017 is reported as £201,222,000 and at £188,791,000 to 27 January 2018 with pre-tax profits for 2017 at (£19,442,000) and (14,270,000) for 2018.<br/><br/>TENANCY<br/>Let to A G Retail Cards Limited, trading as Clintons, on a 5 year reversionary FR&I lease from 22nd December 2018. Current passing rent £75,000 per annum</p><p><strong>TERMS</strong><br/>The entire property is offered for sale as a Freehold Investment at offers "in the region of" £875,000 subject to contract and exclusive of VAT. This reflects a net initial yield of 8.12%</p><p><strong>OUTGOINGS</strong><br/>Rateable Value: £51,500<br/><br/>2024/2025: 54.6p 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>VAT</strong><br/>The property is registered for VAT and therefore VAT will be charged on the overall sale price. A sale by way of TOGC will be considered subject to purchasers supplying the necessary clearances.</p><p><strong>VIEWING</strong><br/>Strictly by appointment with sole agents. Call Lisa Mercer or Charlie Dickson on[use Contact Agent Button] or [use Contact Agent Button]<br/></p>

Contact:

Hose Rhodes Dickson Commercial

Date on Market:

26/11/2025

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More details for 28 High St, Newport - Retail for Sale

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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1-24 of 25

FAQs about Retail property for sale in Isle Of Wight

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Isle Of Wight?
There are currently 25 Retail Properties available for sale near Isle Of Wight. These Isle Of Wight Retail Property listings have an average size of 2,166 sq ft. The largest available listing in Isle Of Wight is 6,433 sq ft. The thriving commercial centre and excellent transport links in Isle Of Wight make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Isle Of Wight?
The average price/SF for Retail Property for sale in Isle Of Wight is about £304. The cost per sq ft for Retail Property in Isle Of Wight ranges from £33 to £1,891, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Isle Of Wight?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £33 to £1,891 per square foot. While the average net initial yield for Retail Properties is 8.92%.
What is the largest Retail Property available for sale in Isle Of Wight?
Currently, the largest Retail Property available to buy is 6,433 sq ft and the smallest is 385 sq ft. The average size of Retail Property available for sale in Isle Of Wight is approximately 2,166 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Isle Of Wight, Newport

With 25 retail units currently available for sale in Isle Of Wight, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Isle Of Wight, 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 Isle Of Wight, 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 Isle Of Wight 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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