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More details for Newport Rd, Cowes - Industrial for Sale

Dallimore House, Somerton Industrial Park - Newport Rd

Cowes, PO31 8PB

Industrial for Sale
Price Upon Request
36,400 sq ft

Cowes Industrial for Sale

A rare opportunity has arisen, due to the current occupiers relocation plans, to negotiate a new lease or possibly a purchase of this extensive warehouse/production unit within Somerton Industrial Business Park. The current lease expires in September 2026. However, subject to any agreed earlier arrangement, vacant possession may be available sooner, subject to legal completion. Will either be by way of a new effectively full repairing and insuring lease, with the Landlord to insure the building and the tenant to be recharged their share of the premium, and with if appropriate third anniversary upward-only rent reviews and the Landlord may reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II. Other terms by negotiation. Rental Guide - £80,000 P.A.X. Alternatively, our client may consider a sale of the property. Price on Application. Located just to the south of the main Town Centre of Cowes, within the ever-popular Somerton Industrial/Business Park, is this unusual and extensive warehouse/production unit available to lease or possibly purchase. Cowes itself is known globally as a marine centre, and a popular harbour town, home to a number of maritime industries and facilities, and of course the town is equally famous for its Regatta season, including Cowes Week and the annual Cowes Torquay Powerboat Race. The property itself is central to the main estate, and is of older-style clear-span construction, benefiting from designated car parking/yard, and suitable for a variety of occupiers, subject to any necessary consents. Ground floor: Incorporating a main office/reception of some 40' x 35'9'', backed by a 'training room' of some 15'6'' x 11'1'' and an adjacent canteen of some 23'7'' x 25', including kitchen area and two WC facilities. First floor: At first floor level above the offices are a range of further offices and storerooms. Main warehouse: Measures overall some 275' x 63'10'', partially subdivided and incorporating a former reception area and two WC facilities. The GIA of the main warehouse is approaching 30,000ft² (2,787m²), supplemented by a part mezz-deck providing a further approx. 6,400ft² (594.6m²). External: The premises benefit from a designated yard/parking area, measuring some 110' x 106', i.e. about 11,730ft² (1,090m²).

Contact:

Scotcher & Co

Property Subtype:

Warehouse

Date on Market:

18/05/2026

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Warehouses for Sale Within 5 miles of the PO31

27 Manners Vw

Carisbrooke, PO30 5FA

Industrial for Sale
£435,000
7,050 sq ft

Carisbrooke Industrial for Sale - Newport, Isle of Wight

The premises are offered for sale on what we understand is the balance of a ground lease until 31st October 2123 from the Freeholders, Isle of Wight Council, at a current annual ground rent of £8,000 pa. If let, the premises will be leased by way of a new commercial lease, effectively on a full repairing and insuring basis and with, if appropriate, three-yearly upward-only rent reviews. The Landlord will reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II. Price guide £435,000 (Ground Leasehold). The property is of steel portal frame construction under a profile roof and cladding. The property measures some 77’8’’ (23.7m) wide x 90’0’’ (27.6m) deep, thereby providing a footprint of about 7,050ft² (654.9m²) GIA. The unit is accessed via large front and smaller side roller-shutter doors, and enjoys excellent eaves height, allowing for racked storage of mezzanine arrangements as appropriate and if required. Located in the north-west corner of the unit is a two-storey office arrangement, providing about 700ft² (65.0m²) on each floor, with an additional staff/mess room and WC facilities on the ground floor. Outside there is a sizeable concrete yard/parking to the front of the building, with additional hard-standing to the side. Located within the Island’s premier trading, manufacturing and industrial estate on the edge of Newport Town Centre, this unit could be suitable for a wide variety of occupiers (subject to any necessary consents). Units of this size with the benefit of ample parking are rarely available, therefore early interest is encouraged. Newport itself is the County Town and administrative centre for the Island and, as such, is constantly busy. There have been many commercial and residential developments in and around the town in recent years, some of which are ongoing, and these have firmly cemented Newport as the commercial hub for the Island. Near neighbours include Toolstation, Screwfix, Build Center, and others; Isle of Wight College, B&Q and St. Mary’s Hospital are all within easy reach. There is easy access to the nearby dual carriageway, in turn with good communications by road to all parts of the Island.