Shopfront Properties for sale in PO30, Newport

Commercial Property in PO30 available for sale

Find Shopfront for sale in PO30 that meets your business or investment goals

86-88 High St

Newport, PO30 1BH

Retail for Sale
£495,000
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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Shopfront Properties for Sale Within 5 miles of the PO30, Newport

More details for Vicarage Walk, Newport - Retail for Sale

Hunnyhill Aquatics - Vicarage Walk

Newport, PO30 5JH

Retail for Sale
Price Upon Request
978 sq ft

Newport Retail for Sale - Newport, Isle of Wight

A long-established, popular and well-known aquatics supplier business for sale leasehold. Ingoing Premium - £80,000 / Rental Guide - £18,000 p.a.x. Freehold Purchase - Price on Application. Only available for sale due to our client's retirement plans, Hunnyhill Aquatics is a very long-established and popular family-run business, offering services to include aquarium stands and cabinets, pond equipment to include pumps, UV clarifiers and filters, pond liners (either flexible or rigid), aquatic plants both real and artificial, filters, heating and lighting, fish foods for ponds and aquariums in both winter and summer, plus treatments and medications. We believe the business offers an ideal opportunity for a new owner to either continue in the same vein or expand accordingly. Accounts and other details can be discussed and provided, but only to bona fide applicants and their professional advisors, and this may be subject to signature of a confidentiality agreement. The business is offered fully equipped as a going concern, and the fixtures, fittings and equipment will be inventoried on the occasion of a sale. Stock will be sold separately at valuation, and we are advised that this currently averages some £65,000. The buildings can also be made available to purchase as part of any transaction by additional negotiation and on a Freehold basis, if required. Price on Application.