Commercial property for sale
Newport Social Club, 40 Pyle Street, Isle of Wight PO30 1XB
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A former social club located in the heart of Newport and over looking St Thomas Square
- An approx. 6,833 sq ft (low capital value of £25.61 per a sq ft)
- Asset management potential in its current use
- Development potential to convert the property into alternative uses or a number of dwellings (subject to the requisite consents)
- No Vat on sale price
- 6 weeks completion available
- Vacant
Description
StrapLine
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA former social club amounting to an approx. 6,833 sq ft. The property over looks St. Thomas Square in the middle of Newport town centre and offers asset management potential to let out in its current format or development potential to convert to alternative uses including dwellings (subject to the requisite consents).
Description
A Grade II Listed former social club offering accommodation over 3 floors (majority of space is predominately over ground and first floors). The property is accessed via Pyle Street but benefits from delivery access to the rear via Town Lane.
The property offers asset management in its current format or future development potential to convert to alternative uses or create multiple dwellings (subject to the requisite consents).
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.
Transport
Smallbrook Junction Station 6.1 miles
Tenancy
Vacant
Accommodation
Please refer to the floor plan
An approx. 6,833 sq ft
Newport Social Club, 40 Pyle Street, Isle of Wight PO30 1XB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Smallbrook Junction Station6.1 miles
Notes
Disclaimer - Property reference 218-21043. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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