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Lot: 135 - COMMERCIAL PROPERTY IN HIGH STREET LOCATION - Corner property painted white with commercial unit on ground floorLot: 135 - COMMERCIAL PROPERTY IN HIGH STREET LOCATION - Corner property commercial investment in High Street locationLot: 135 - COMMERCIAL PROPERTY IN HIGH STREET LOCATION - Internal view with white painted walls and wood effect flooringLot: 135 - COMMERCIAL PROPERTY IN HIGH STREET LOCATION - First floor internal view looking towards bay window over High Street
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Lot 135 Commercial Property In High Street LocationAuction Date:
12th June 2024

134 & 135 High Street, Newport, Isle Of Wight, PO30 1TX

£285,000*+ FEES

Currently part let at £2,410 per annum

Category Commercial Investment
Tenure Freehold

This substantial freehold property is located in the heart of Newport High Street, the island's county town, and benefits from a prominent corner position. The accommodation is split across three floors and the upper two floors offer a good deal of scope and potential for upgrading and remodelling to form several residential units, subject to all necessary consents being obtainable. The existing ground floor comprises two retail units, both of which are considered an ideal size for letting to local businesses.

134 High Street

Ground Floor

Main retail area, office, staff room with kitchen and W.C.

135 High Street

Ground Floor

Main retail area and stairs to first floor.

First Floor

Open-plan rooms, currently in use as office/storage for the commercial unit.

Holyrood Street

Ground Floor

Entrance lobby, storeroom and cloakroom with W.C.

First Floor

Office and further cloakroom with W.C.

Tenancy

Currently let on an informal basis at a rental of £2,410 per annum.

Second Floor

An array of office/former residential rooms and bathroom with W.C.

Local Planning Authority

Isle of Wight Council. Tel: 01983 823552. Website: iow.gov.uk.

Freehold with Part Vacant Possession



134 & 135 High Street, Newport, Isle Of Wight


There is an addendum available to be read
in conjunction with the legal documentation.

Further Information

Mike Marchant/Rob Marchant
on 01392 366555

Viewings

    Book a new viewing or cancel an existing viewing for this property before 5pm the day before.

Joint Agents

Scotcher & Co

Scotcher & Co
01983 822288

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