Retail property (high street) for sale
Property description & features
LOCATION
Situated on South Street, this property is in an ideal location in Newport Town Centre.
Newport is the principle town of the Island and offers amenities including St Mary's Hospital, various primary and secondary schools, doctors surgeries, churches, cinema and the Isle of Wight County Hall. Various food stores are located throughout the town including Lidl, Asda, Morrisons & Sainsburys. The 2022 Census shows a population of circa 26,000.
DESCRIPTION
Offered for sale is this spacious semI-detached retail unit consisting of approximately 177sqm (1900 sq ft) overall.
The premises comprises:
Split-level retail area
Rear stores
WC
Small integral garage
There is the benefit of allocated parking for 3 vehicles to the side of the property.
The unit can be utilised for a range of uses subject to complying with the Use Classes Order 2021. The unit is currently Use Class E.
SERVICES
The property benefits from mains electricity, water and drainage.
TERMS
Our clients are asking Guide Price £199,950 for this freehold opportunity.
OUTGOINGS
The VOA shows a rateable value of £18,500. Using the current multiplier, rates payable will be circa £9,500. Please make your own enquiries to the VOA for small business rates relief eligibility.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact on[use Contact Agent Button] or [use Contact Agent Button]
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Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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