£12,000 pa

Retail premises to let

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£12,000 pa

£1,000 pcm

Retail premises to let

St James Street, Newport, Isle Of Wight PO30

Local area information

Property location

Nearby amenities

  • Nine Acres Primary School 0.3 miles
  • Newport Church of England Aided Primary School 0.4 miles
  • East Cowes Floating Bridge 4 miles
  • West Cowes Floating Bridge 4.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Isle of Wight to find out more about the local area.

Features and description

  • Lock-up shop located in the heart of Newport’s town centre, in close proximity to the bus station and pedestrianised squares
  • Supported by prominent national, as well as local, retailers and eateries
  • The unit runs to a total of approximately 35.2m2 (378.9ft2)
  • Available by way of a new lease at £12,000 per annum. Further terms by negotiation
Location

The unit sits in St James Street, one of the main links in to the town centre linking the South Street retail offer and Bus Interchange with Newport's High Street and therefore benefits from a very high footfall. It is located adjacent to retailers such as Game, Next and McDonalds, and supported by branches of several major banks being Santander, HSBC, Nationwide, and Barclays. Newport is the Island's county town and undoubted commercial centre. The immediate population is around 25,000 with a catchment of around 60,000 when operating as the comparison shopping centre for the entire Island population of around 140,000. Continued investment in the town, most recently from Mountain Warehouse, ensures its importance as a retail and leisure centre.

Description

Lock-up shop running to a total of circa 35.2m2 (378.9ft2) including staff WC, kitchenette and storage space. The unit benefits from a significant glazed frontage to St James Street.

Terms

Available by way of a new lease at £12,000 per annum. Further terms by negotiation.

Uniform Business Rate

Rateable Value: £8,800

2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on . E: Or

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial to let
  3. Isle of Wight
  4. Newport
  5. St. James Street

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