Retail in PO38 available for sale
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Retail Properties for Sale near the PO38, Ventnor

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Explore the Latest PO38 Retail Properties for Sale

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

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

Ventnor Retail for Sale

An unusual opportunity to purchase this commercial investment in the heart of this ever-popular small resort town. Price guide £180,000 for Long Ground Leasehold reflecting a 10% gross investment yield before costs. Situated in the centre of Ventnor, with near neighbours to include Boots, Southern Cooperative and Hose Rhodes Dickson Estate Agents, this is a rare opportunity to purchase a commercial investment premises, and early interest is encouraged. Ventnor itself is an ever-popular small resort town, situated towards the southern tip of the Island, enjoying because of its location a wonderful microclimate. Within the town boundaries are a number of facilities and a variety of independent and other commercial occupiers, including some well-respected eateries. The Esplanade and beach are also an excellent facility, enjoyed by locals and tourists alike. The current tenants operate a retail outlet selling stationery, gifts and cards etc. coupled with a Bureau de Change and the Town Centre’s main Post Office. The property itself is situated at ground floor and basement levels, and is effectively mid-terraced and of conventional construction, with further details as briefly outlined overleaf.

Contact:

Scotcher & Co

Property Subtype:

Shopfront

Date on Market:

28/09/2025
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More details for 25-27 Pier St, Ventnor - Retail for Sale

25-27 Pier St

Ventnor, PO38 1SX

  • Retail for Sale
  • £465,000
  • 2,979 sq ft

Ventnor Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises two shops on the ground floor, with four flats on the upper floors Total area size of 277 sq m (2,979 sq ft) Situated in the heart of the town centre within short walk to the seafront, with occupiers nearby including Co-Op Food, Restaurant`s, Hair Salon, Tattoo Studio and many more. Property Description: The property comprises two retail shops on the ground floor and four flats on the first and second floor, providing the following accommodation and dimensions: Ground Floor: Shop No.25 - 37 sq m (398 sq ft) Shop No.27 - 55 sq m (592 sq ft) First Floor: Flat No.25A - 44 sq m (473 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Flat No.27A - 40 sq m (430 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Second Floor: Flat No.25B - 56 sq m (602 sq ft) 2 Bedrooms, Kitchen, Living Room, Bathroom Flat No.27B - 45 sq m (484 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Total Commercial Area: 92 sq m (990 sq ft) Total Residential Area: 185 sq m (1,989 sq ft) Tenancy: Shop No. 25 is at present let to an Individual for a term of 3 Years from 13th March 2021 at a current rent of £5,400 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,130. In occupation since 2017. Shop No. 27 is at present let to an Individual for a term of 5 Years from 19th May 2023 at a current rent of £6,780 p.a. and the lease contains full repairing and insuring covenants. Rent review on 19th May 2026. No breaks. Deposit held of £1,130. Tenant pays reduced rent of £4,570 p.a. for the first year. Vendor will top-up rent so the buyer receives the equivalent of £6,780 p.a. from completion. Flat No. 25A is at present let on an AST to an Individual for a term of 12 Months from 1st November 2022 at a current rent of £5,940 p.a. Rent deposit held of £495. In occupation since 2020. Flat No. 27A is at present let on an AST to an Individual for a term of 12 Months from 1st December 2022 at a current rent of £6,900 p.a. Rent deposit held of £500. In occupation since 2021. Flat No. 25B is at present let on an AST to an Individual for a term of 12 Months from 29th May 2020 at a current rent of £6,900 p.a. Rent deposit held of £575. Flat No. 27B is at present let on an AST to an Individual for a term of 6 Months from 4th November 2017 at a current rent of £6,780 p.a. Rent deposit held of £565. Location: Ventnor is a seaside resort on the south-east coast of the Isle of Wight, England, 11 miles (18 km) from Newport. It is situated south of St Boniface Down, and built on steep slopes leading down to the sea. The population is approximately 5,800. The property is situated in the heart of the town centre within short walk to the seafront, with occupiers nearby including Co-Op Food, Restaurant`s, Hair Salon, Tattoo Studio and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

20/06/2023
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More details for 15 High St, Ventnor - Retail for Sale

15 High St

Ventnor, PO38 1RZ

  • Retail for Sale
  • £65,000
  • 790 sq ft

Ventnor Retail for Sale

Lot 143 is available for sale at Savills' to be held on 28th May 2025. The property comprises an long leasehold investment opportunity for sale. The asking price is £45,000 representing a gross initial yield of 10.98%. Investment Consideration: Vacant possession ERV: £9,000 p.a. GIY: 13.85% VAT is NOT applicable to this property Comprises ground floor retail shop Suitable for variety of uses (Class E) Situated in the heart of the town centre with nearby occupiers include Post Office and Premier Express, amongst others. Property Description: Comprises ground floor retail shop previously t/a Pet Store, providing the following accommodation and dimensions: Ground Floor: 73.40 sq m (790 sq ft) Open plan retail, Storage, WC Tenancy: The shop is at present vacant. ERV: £9,000 p.a. Tenure: Long leasehold. Held on a 999 year lease from 18 November 2011 at a ground rent of peppercorn. Location: Ventnor is a seaside resort and civil parish established in the Victorian era on the south-east coast of the Isle of Wight, England, eleven miles (18 km) from Newport. It is situated south of St Boniface Down, and built on steep slopes leading down to the sea.

Contact:

Blue Alpine Partners Ltd

Date on Market:

08/05/2020
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Retail Properties for Sale Within 5 miles of the PO38, Ventnor

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 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 108 Regent St, Shanklin - Retail for Sale

Shanklin Launderette - 108 Regent St

Shanklin, PO37 7AP

  • Retail for Sale
  • 485 sq ft

Shanklin Retail for Sale

Shanklin launderette is offered for sale for £175,000 for the freehold premises, fully equipped and ready to trade. The business has been successfully run by the current owner for the last 34 years, who is now looking to retire. The shop extends to approximately 45 sqm (485 sq ft) with a kitchen/office, WC and large store to the rear, equipped with shelving to store linen, soaps and detergents etc. There is also a courtyard with rear access from Marine Cross Road via a pedestrian passageway. Equipment includes 2 x Miele domestic washers, 7 x standard commercial washers, 2 x XL commercial washers and 6 XL commercial dryers. There is a water softener and gas fired boiler.

Contact:

Hose Rhodes Dickson

Date on Market:

10/10/2025
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LoopNet UK Isle Of Wight Ventnor Retail Properties For Sale in PO38, Ventnor, UK

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FAQs about Retail property for sale in PO38

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in PO38?
There are currently 4 Retail Properties available for sale near PO38. These PO38 Retail Property listings have an average size of. The largest available listing in PO38 is. The thriving commercial centre and excellent transport links in PO38 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in PO38?
The average price/SF for Retail Property for sale in PO38 is about. The cost per sq ft for Retail Property in PO38 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in PO38?
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 PO38?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in PO38 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 PO38, Ventnor

With 4 retail units currently available for sale in PO38, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in PO38, 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 PO38, 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 PO38 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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