£32,500 pa

Retail premises to let

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£32,500 pa

(£24.53/sq. ft. pa)

Retail premises to let

34 High Street, Newport, Isle Of Wight PO30

1,325 sq. ft

Local area information

Property location

Nearby amenities

  • Nine Acres Primary School 0.4 miles
  • Medina House School (SEN) 0.4 miles
  • East Cowes Floating Bridge 4 miles
  • West Cowes Floating Bridge 4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Isle of Wight to find out more about the local area.

Features and description

  • NIA - 1,325 sq.ft (132.20 sq.m)
  • Double-fronted shop front
  • Grade II Listed Building
  • Nearby occupiers include H Samuel, Boots, Superdrug, Lloyds Bank plus national & local retailers
  • Suitable for a variety of uses
  • Guide rent £32,500
Description

Location Extremely well situated within Newport High St, which in turn is the County Town and administrative centre for the Island and is generally considered the commercial hub for the Isle of Wight. Near neighbours include H Samuel Jewellers, Boots, Superdrug, EE, and the newly-established Cherry Godfrey, amongst others. Also nearby is the popular pedestrianised St Thomas Square, which is well-known for a variety of niche retailers, popular eateries, Newport Minster, and the newly-regenerated weekly Farmers' Market.

The property comprises a Grade II Listed 2 storey premises benefitting from a double-fronted display. Ground floor comprises open plan sales area with rear exit incorporating a staircase to the first floor ancillary. First floor is subdivided at the rear to provide a staffroom area and WC facilities.

Accommodation

NIA
- 1,325 sq.ft (132.20 sq.m)

Planning

Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text

Asset Rating - na

Rating

Rateable Value £31,500

Source -
The 2024/2025 small multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.

Terms

Available by way of a new full repairing and insuring lease for a term to be agreed at £32,500 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: It is understood VAT is payable on rents.

More information

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  1. Zoopla
  2. Commercial to let
  3. Isle of Wight
  4. Newport
  5. High Street