Retail in Upper Pennington available for sale
7

Retail Properties for Sale near Upper Pennington, Lymington

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Retail Properties for Sale Within 5 miles of the Upper Pennington, Lymington

More details for Southampton Road, Lymington - Retail for Sale

Rosie Lea House - Southampton Road

Lymington, SO41 8PT

  • Retail for Sale
  • £715,000
  • 2,849 sq ft

Lymington Retail for Sale - Boldre

Freehold Public House For Sale. We are instructed to invite offers in excess of £715,000 for the freehold interest with vacant possession. The property is held freehold (Title Number K825776). The property will be sold in its current condition, including fixtures and fittings. No inventory schedule will be provided and instead all items left on the day of completion of either the letting or sale will be included. Our client would also consider leasehold offers, with offers invited. The property is a detached two storey building arranged over the ground and first floors. The building features painted elevations beneath a pitched clay tile roof with various single storey pitched extensions with slate tiled roofs. Lymington is a Georgian market town situated in the New Forest National Park, approximately 18 miles to the south west of Southampton and 17.3 miles to the east of Bournemouth respectively. The town is known for its two large marinas, coastal walks and independent shops. The Rosie Lea House is situated fronting the A337 which grants connections to the M27 at Cadnam to the north and Lymington town centre to the south. In terms of public transport, situated to the front of the property is a bus stop which provides services to Southampton Central Station and Lymington high street. Closely located is Brockenhurst, Sway and Lymington Town train stations. Southampton Central railway station is situated 15 miles to the north east which offers services along the south coast and to London Waterloo.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

03/12/2025
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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 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 47 Station Rd, New Milton - Retail for Sale

47 Station Rd

New Milton, BH25 6HU

  • Retail for Sale
  • £350,000
  • 4,380 sq ft
  • Energy Performance: C
  • Security System

New Milton Retail for Sale

This property, located in the desirable area of New Milton, offers excellent visibility and accessibility, situated at the prominent junction of Station Road and Osborne Road, just 100 meters from the train station. Currently leased to Lloyds Bank Plc, the ground floor serves as a banking hall, with office and ancillary space on the upper floors. The property includes rear parking and has potential for redevelopment, with a feasibility study available for converting it into a commercial unit and three flats (subject to consents). Property is currently occupied by Lloyds Bank Plc, which has served notice to break the lease on 31st January 2026, with the branch set to close in 2025. The asking price offers in excess of £350,000.

Contact:

Koopmans

Property Subtype:

Bank

Date on Market:

25/02/2025
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More details for 55 Seaward Av, New Milton - Retail for Sale

Westcliffe Buildings - 55 Seaward Av

New Milton, BH25 7HN

  • Retail for Sale
  • £1,500,000
  • 2,176 sq ft

New Milton Retail for Sale

Barton on Sea is an attractive cliff-top village in Hampshire, close (1 mile) to the town of New Milton to the north. Barton lies within the civil parish of New Milton. The subject property lies on the corner of Seaward Avenue and Sea Road. The latter road leading to Marine Drive to the south which offers panoramic views of the Solent and IOW. The immediate surrounding area is made up of detached residential housing and Barton Sea Methodist Church is located directly opposite the property. Attractive Co-op Investment Opportunity Located In Barton on Sea The property comprises of a three storey ‘art deco’ brick building with rendered façade, mixed glazing and a flat roof. The ground floor has been sensitively amalgamated and adapted to provide full glazed fenestration and a recently fitted out Co-op (opening date 25.07.25). There is an internal stair case and lift shaft which lead to the self-contained first floor of the Co-op unit and the first floor has been segregated for the various back of house areas including inhouse bakery, office, staff room etc. Access to the residential accommodation is via a communal entrance on the elevation fronting Seaward Avenue. A stair case leads to a 1 bedroom flat (included within the sale), which comprises of lounge/kitchen, bedroom and bathroom. The staircase then leads to a further three flats, a corner 2 bedroom ensuite flat (included within the sale), with lounge and kitchen. The two other flats have not been inspected but comprise a 2 bedroom and 1 bedroom apartment (both of these have been sold off on a long leasehold interest). The flats have recently been refurbished to a decent specification. Attractive Investment Opportunity Freehold Available Ground and part first let to The Co-op Group Food Ltd on a new 15 year lease One x 2 bedroom and One x 1 bedroom flat above also included Total net income of £97,400 per annum Offers in excess of £1,500,000 The front and side have been recently tarmacked and provide retail parking and a servicing solution for the retail unit. Access at the rear is also provided to the flat meters. Freehold. The site has a lease to the Co-op Group Food Ltd at a rent of £72,500pa, 15-year term no breaks, 12 months at half rent, 5-yearly reviews to CPI collar at 1% cap at 3%. There are 4 flats, 2 have been sold-off on a long leasehold interest and 2 let (as described above) on Assured Shorthold Tenancy agreements at rentals of £15,000 pa and £9,900 pa. works and AST’s can be provided upon request. We are seeking offers in the order of £1,500,000 for the Vendor’s freehold interest. The price reflects a net initial yield of 6.12% against the fully income producing asset. From 1st September 2020 under the Town and Country Planning (Use Classes) Order 1987 (as amended) we understand the property benefits from Class E retail use on the ground and part first floor and then C3 residential on part first and second floors. We understand the property is not listed nor located in a Conservation Area.

Contact:

Savills

Date on Market:

18/09/2024
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More details for 3 School Green Rd, Freshwater - Retail for Sale

3 School Green Rd

Freshwater, PO40 9AJ

  • Retail for Sale
  • £195,000
  • 771 sq ft
  • Air Conditioning
  • Security System

Freshwater Retail for Sale - Isle Of Wight

DESCRIPTION Whole building for sale comprising ground floor commercial premises running to a total of approximately 71.7 m² (771 ft²) with the main retail space running to circa 51.6 m² (555 ft²). The property also benefits from a generous frontage to School Green Road of 7.6 metres (25 ft). Please see floor plan overleaf for further details. THE FLAT The first and second floors are arranged as a flat with a separate entrance from the rear of the property. The flat has now been let on a 12 month Assured Shorthold Tenancy at the rate of £650nper calendar month due to the poor overall condition. Investors could modernise and improve the flat to gain greater rental yield. The flat comprises 3 bedrooms on the top (second) floor, with a large open plan living room/dining room to the front of the property plus kitchen, bathroom and separate toilet facility all located on the 1st (first) floor. TERMS For Sale with offers invited "in the region of" £195,000 for the benefit of the freehold interest of the whole property.

Contact:

Hose Rhodes Dickson

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/08/2022
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LoopNet UK Hampshire Lymington Retail Properties For Sale in Upper Pennington, Lymington, UK

Learn More About Investing in Retail Properties

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FAQs about Retail property for sale in Upper Pennington

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Upper Pennington?
There are currently 0 Retail Properties available for sale near Upper Pennington. These Upper Pennington Retail Property listings have an average size of. The largest available listing in Upper Pennington is. The thriving commercial centre and excellent transport links in Upper Pennington make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Upper Pennington?
The average price/SF for Retail Property for sale in Upper Pennington is about. The cost per sq ft for Retail Property in Upper Pennington ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Upper Pennington?
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 to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Upper Pennington?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Upper Pennington is approximately.
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 Upper Pennington, Lymington

With 0 retail units currently available for sale in Upper Pennington, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Upper Pennington, 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 Upper Pennington, 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 Upper Pennington 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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