Forest Road, Newport

LOCATION
Situated on the main A3054 (Forest Road), on the edge of the Island's County Town of Newport, this commercial unit offers easy accessibility and can be reached by circumnavigating the busy town centre and industrial estate.

The site is within approximately a 5 minute drive from the Town Centre and 15 minute drive of the Red Funnel ferry service in East Cowes and approximately 20 minutes of the Wightlink ferry service in Fishbourne.

Newport has a population circa 25,000 (2021 census) which will increase with the new residential development on Horsebridge Hill. The town itself offers a variety of shopping amenities, churches, doctors, hospital and transport links.

DESCRIPTION
Offered for sale is a Unit 2 measuring approximately 3692 sq ft (343 sq m) overall plus parking and outside space.

The property currently has planning permission for sale and display of motor vehicles however would suit a variety of different uses subject to gaining any necessary permissions. Due to the layout the property offer flexible accommodation and can very easily be subdivided if required.

Accommodation:
Showroom - Approximately 1249 sq ft (116 sqm) with glazed frontage to the front parking area and office.
Workshop - Approximately 2472 sq ft (229 sqm) full height workshop with roller shutter doors. WCs and kitchen area.

Outside
The property, although set back from Forest Road, is still very noticeable from the A3054 and any signage will be visible from the road. There is ample parking, the amount will be dependant on configuration.
The front forecourt also offers an electric vehicle charging point.

SERVICES
The site benefits from mains gas, electric, water and drainage.

TERMS
This unit is available to purchase on a long leasehold basis (999 year lease). Guide price £450,000.

OUTGOINGS
The unit will need to be rated by the VOA.

VAT
Vat is payable.

VIEWING
All viewings to be arranged via HRD Commercial or joint agent Scotcher & Co .