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Providence Corner, 37 Pyle Street, Newport, Isle Of Wight, PO30 1XB

£2,500 pcm
£30,000 pa

£9.97 per sq ft

Business rates & charges may apply

Primmer Olds B.A.S., Southampton

3,010 sq ft

280 sq m


Shop to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Total Net Internal Area - 3,010 sq.ft (279.64 sq.m)
  • Currently restaurant/bar. Suitable for leisure or other uses
  • Benefits from cooking extraction
  • Corner trading position
  • Nearby occupiers include, TK Maxx, Barclays Bank, Subway and a range of pubs/restaurants
  • New Lease Available (Subject to vacant possession)



Newport is often referred to as the capital of the Isle of Wight and is the commercial and administrative centre serving an island population of around 140,000, boosted further by an estimated 2.36 million annual visitors.

Situated in a highly prominent corner position at the junction of Pyle Street and Town Lane between St Thomas Square and South Street. The premises are situated adjacent to both Subway and Ladbrokes, and close to TK Maxx, Santander, Mountain Warehouse and Sports Direct together with a range of pubs and restaurants.

The accommodation comprises a ground floor sales area currently fitted out for use as a restaurant and bar area. There is a fully trading kitchen at the rear with cooking extraction.


Sales Area - 1,873 sq.ft (173.99 sq.m)
Stores - 481 sq.ft (44.64 sq.m)
Total Net Internal Area - 2,353 sq.ft (218.63 sq.m)


Rateable Value £29,000
Source The 2024/2025 small business 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. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.


Available by way of a new full repairing and insuring lease for a term to be agreed at £30,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.
Note: There is to be a service charge levied to cover communal costs
Note: It is understood VAT is payable on rents.


Under the current permitted use, we believe to be use class 'E' which includes uses such as retail, professional services, cafe`, health clinics, indoor recreation/sport and, office. We also believe there is user permitted for 'Sui Genreis'.

All parties are advised to make their own enquiries to the local authority for confirmation.

EPC Text

Asset Rating - D (94)


Providence Corner, 37 Pyle Street, Newport, Isle Of Wight, PO30 1XB


Distances are straight line measurements from the centre of the postcode
  • Smallbrook Junction Station6.1 miles

About Primmer Olds B.A.S., Southampton

Mountbatten House, 1 Grosvenor Square, Southampton, SO15 2JU

Primmer Olds B.A.S., Southampton

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