Lot 63 Three Storey Freehold Town Centre Commercial InvestmentAuction Date:
5th November 2026
18 St. Thomas' Square, Newport, Isle Of Wight, PO30 1SG
Currently let at £13,000 per annum
This attractive three storey freehold building is situated in an attractive town centre location on St Thomas' Square in the centre of Newport, the Island's county town.
Let under the terms of a 125-year commercial lease, the property is considered ideal for addition to an income-producing commercial property portfolio. The accommodation extends to 102 sq.m. (1,098 sq.ft.) and the two floors are at present arranged as offices/store rooms.
Ground Floor
Main sales/retail area and ladies and gents cloakrooms with W.Cs.
First Floor
A large landing at present in use as a store leading to office/further store room.
Second Floor
Office/store room.
Tenancy
Let under the terms of a 25-year commercial lease, from 7th April 2006, at a current rental of £13,000 per annum.
EPC Rating
C (71). Total Floor Area 102 sq.m.
Further Information
Rob Marchant/Jack Pullen
on 01489 564606
Viewings
- Tue 20th October
15:15 - Fri 23rd October
15:15 - Tue 27th October
15:15 - Fri 30th October
15:15
The viewing times for the lot are listed below, please make sure you book into the viewing either through the website or phoning 0345 8500333, as on occasions viewing times change or may be cancelled.
Book a new viewing or cancel an existing viewing for this property before 5pm the day before.
Service Providers
Click here if you are looking for a solicitor, insurance company, finance company or a property related organisation or firm
Local Information
Discover transportation routes, schools and local amenities and attractions within this area. You’ll also find other useful information including average broadband speeds and much more…
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
