High Street, Newport, Isle Of Wight, PO30

Location
Situated to the top end of the High Street in a popular location for multinationals and boutique and local traders alike, this unit neighbours Solent Beds & Furniture and The Florist with Card Factory, George Bull & Sons and Rutherford Opticians being close by.

Description
The property offers retail space to the ground and first floors plus storage/office space to the second floor. There is further storage to the third floor.

Ground Floor:
Retail space of approximately 56 sq. m (612 sq. ft)
Kitchen area
WC
Internal Storage
Courtyard Garden

First Floor:
Galleried space for Retail/Office use
Store
WC

Second Floor:
Office/Storage space approx. 30 sq m (322 sq ft)

Third Floor:
Storage

The current tenants are due to vacant by November 2025 but will accommodate the new tenant if they wish to take the property on prior.

This unit has most recently traded under A1 retail of the Use Classes Order 2005 but would be suitable for a variety of different uses subject to gaining the necessary consents.

Services
The property has electricity water and drainage.

Terms
Our client is asking £14,000 per annum plus VAT for a new full repairing and insuring lease, terms and length to be negotiated. Incentives available including a rent-free period for the right tenant.

Rates
The VOA shows a rateable value of £9,900. Estimated rates payable will be circa £5,200 without any applicable relief. Please direct any enquiries to the Valuation Office Agency. The landlord informs us the premises is currently 100% rate free.

Viewing
All viewings to be arranged via HRD Commercial. Please contact on or