LOCATION
The property is situated on the main high street with both national and independent retailers in close proximity, including The Body Shop, Poundland, Clarkes and B&M Stores.
Newport town centre is situated on the Isle of Wight, Hampshire, with good road connections across the Island and links to the ports connecting with Southampton and Portsmouth.
DESCRIPTION
The property provides two small self-contained lock up shops benefitting from a prominent frontage on to the High Street.
In addition and available with the Freehold, are two ancillary floors with separate access and the benefit of planning for 2 bed flat at first floor and two 1 bed flats at second floor both work roof terrace garden area.
The following are the approximate dimensions and areas from architects’ plans:
| Sq M | Sq Ft | |
| Unit 1 | 25.6 | 275 |
| Unit 2 | 47.7 | 513 |
| Combined Units 1 & 2 | 76.7 | 825 |
TERMS
We are instructed to market these retail unit(s) on a new effective full repairing lease for a 5 year term the commencing rent offer of £500 per calendar month for year 1 rising to £10,000 pax for Unit 1 and £12,000 for Unit 2. A service charge of the fair proportion of the building and insurance will be payable.
The property is to be offered online by Clive Emson Auctioneers on 11th February 2026. https://www.cliveemson.co.uk/properties/263/82/
To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson.co.uk
OUTGOINGS
Rateable Value:
Shop: £55,000 (Source: VOA) Shop to be re-assessed.
EPC RATING
C (75)
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction.
