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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

Flude Property Consultants, Brighton
SIZE AVAILABLE

3,010 sq ft

280 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • Former restaurant/bar
  • Suitable for leisure or other uses
  • Benefits from cooking extraction (untested)
  • Nearby occupiers include TK Maxx, Barclays Bank, Subway and a range of pubs/restaurants
  • New lease available
  • Possible showroom / office use

Description

Description

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.

Location

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.

Planning

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 Generis'.

VAT

Rents and prices are quoted exclusive but may be subject to VAT.

Accommodation

The property has an internal area of: 3,010 sqft / 279.6 sq m

Business Rates / Council Tax Band

Rateable Value (2023): £29,000

EPC

We understand the property has an EPC rating of D - 94.

Legal Fees

Each party to bear their own legal costs incurred.

Brochures

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

NEAREST STATIONS

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

About Flude Property Consultants, Brighton

19 New Road, BN1 1UF
Industry affiliations:Industry affiliation logo 0

Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.

Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.

We are a commercially minded practice who understand the needs and pressures of business.

Notes

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