Commercial property for sale
40 Pyle Street
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Commercial property for sale
Description
LOCATION
Situated in Newport Town Centre, this substantial property benefits from high footfall and a commanding position overlooking St Thomas Square.
The property is located next to one of the main thoroughfares from the High St and St Thomas's Square through to the Bus Station and a selection of large national retailers.
Newport is the County Town of the Isle of Wight and offers a variety of shopping amenities, churches, doctors, hospital and transport links. The town is within approximately a 15 minute drive of the Red Funnel ferry service in East Cowes and approximately 20 minutes of the Wightlink ferry service in Fishbourne.
DESCRIPTION
The unit, which is Grade II Listed, offers accommodation over 3 floors.
Ground Floor - approximately 411 sq m (4431 sq ft)
Entrance Hall
Bar & Lounge Area with fixed seating and dance floor
Snooker Room
Kitchen
Cellar
WCs
Stores
First Floor- approximately 128 sq m (1388 sq ft)
Function Room with Bar
Kitchen
Office
Store
Access to external Boiler Room
Second Floor - approximately 12 sq m (132 sq ft)
Stores
The property is accessed via Pyle Street but benefits from delivery access to the rear via Town Lane.
SERVICES
The property has mains water, electric and gas. There is gas central heating together with a range of air conditioning units throughout.
TERMS
This property is now going to auction with Savills Property Auctions on 24th February 2026.
OUTGOINGS
The VOA shows a rateable value of £26,000. Estimated rates payable will be circa £14,400pa without any applicable relief. Please direct any enquiries to the Valuation Office Agency.
VIEWING
All viewings to be arranged via HRD Commercial. Please call or email .
40 Pyle Street
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Smallbrook Junction Station6.1 miles
Notes
Disclaimer - Property reference 101276042238. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hose Rhodes Dickson, Newport on 01983 214989.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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