Shop unit in Prime location in Newport High Street adjacent to Boots the Chemist & EE and opposite to Clinton Cards
• Double fronted unit with large display windows and recessed glazed entrance of 6.3 metres (20 feet)
• Ground Floor runs to a total of 216.1m² (2,326 ft²) including storage area, kitchen & staff wc. The main retail area runs to 145m² (1,570 ft²) equivalent to 81.1m² in terms of Zone A
• Available by way of a New Lease at £39,000 per annum. Incentives may be available subject to terms
HIGH STREET, NEWPORT IW PO30 1TP
PRIME RETAIL UNIT NEWPORT HIGH STREET
COMMERCIAL PROPERTY AGENTS
Shop unit in Prime location in Newport High Street
adjacent to Boots the Chemist & EE
Double fronted unit with large display windows
and recessed glazed entrance
Whole Building running to a total of 320m² (3,444
ft²) over 3 floors with the main ground floor retail
area running to 141.5m² (1,523 ft²) +
Available by way of a New 10 year Lease at offers
"in excess of" £60,000 per annum
Located in the heart of the town in the busiest part of Newport High Street, adjacent to Boots the
Chemist, EE, Superdrug and opoposite to Clinton's Cards, Claire's accessories and Laura Ashley. It
is also directly opposite the entrance to St Thomas Square one of the main hubs of the town with
many pubs, eateries and retailers, together with a twice weekly market which bring a high footfall to
this part of the High Street. Newport is the Island's county town and undoubted commercial centre.
The immediate population is around 25,000 with the Island population being 130,000 and attracting
over 2.5 million tourists and holiday makers every year. Continued investment in the town more
recently from Starbucks, The Card Factory, Costa Coffee, The Entertainer, The Works, Bet Fred and
J D Wetherspoon ensures its importance as a retail/leisure centre.
Whole building arranged over 3 floors with a double frontage and glazed recessed entrance to
Newport High Street with large display windows. The total net internal area of the building runs to
320m² (3,444 ft²) over 3 floors with the main ground floor retail area running to 141.5m² (1,523 ft²),
plus ancillary and storage area of 60.6m² (652 ft²). This is supported by first floor space of 59.2m²
(637 ft²) with the second floor running to 58.7m² (632 ft²).
Available by way of a New 10 year Lease term at offers "in excess of" £60,000 per annum on a fully
repairing and insuring basis.
Each party to bear their own legal costs in setting up the New Lease, with the ingoing tenant being
responsible for meeting any stamp duty payments necessary.
UNIFORM BUSINESS RATE
Rateable Value: £58,000
Interested parties should make their own enquiries of the Isle of Wight Council with regard to any rate
liability or rate concession that may be applicable.
NICK BUCKLE BSc(Hons) MRICS
GAVIN CHAMBERS BA(Hons)
JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS
SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS
62 High Street, Newport, Isle of Wight PO30 1BA
Registered in England and Wales No. 6477562
Vat No. 928 0215 39
62 HIGH STREET NEWPORT
ISLE OF WIGHT
TEL 01983 822555
WHITE HORSE LANE
TEL 02392 257224
Strictly by appointment with joint sole agents Gully Howard Chartered Surveyors. Contact Gavin Chambers, Rhys King or Jane Bauldry on
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We have not carried out any survey. All offers are subject to formal contract. Interested parties must satisfy themselves independently as to VAT in respect
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have not tested any plant, purchasers must satisfy themselves as to its condition. Plans are shown not to scale and for identification only, dimensions are
approximate and location plans may not show all current occupiers.
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