113 High Street 113 High Street, Newport, PO30 1TJ

This Property is Currently 'Under Offer'
113 High Street, Newport - Picture 2022-11-08-11-42-01
Use Class

Use Class

E

Size

Size

7,545 sq ft

Rent pa

Rent pa

POA

Prime shop available in highly prominent corner location adjacent to JD and close to WHSmith, Specsavers, B&M, Clarks, Waterstone's, The Works, The Body Shop, Poundland and The Entertainer.

Newport is the commercial and administrative centre for the Isle of Wight, serving an island population of circa 140,000, boosted further by an estimated 2.36 million annual visitors.

Accommodation

7,545 Sq.Ft

The premises are arranged on ground, first and second floor levels. The premises benefit from a rear yard and servicing. The landlord may consider a letting of the ground floor only of the building with further information available upon request.

Dimensions
Feet
Metres
Gross Frontage
53
16.23
Net Frontage
52
16.08
Return Frontage
26
8
Shop Depth
54
16.48
Internal Width
54
16.51
Areas
Sq.Ft
Sq.M
Ground Floor Sales
2,975
276
Ground Floor Ancillary
632
58.7
First Floor Ancillary
2,324
215
Second Floor Ancillary
1,614
149

Financial

Lease Type

New Lease

Lease Term

The premises are available to let on a new FR&I lease for a term to be agreed. Alternatively, planning permission has been granted for the conversion of the upper parts to 5 flats and the landlord may give consideration to a sale of the building. Quoting terms are available upon request.

Rates

The next revaluation of properties for business rates is due on 1st April 2023 when a significant reduction in the rateable value is anticipated. Interested parties are recommended to make their own enquiries with the Business Rates Department of Isle of Wight Council – Tel: 01983 821 000

Tenure

Leasehold

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 07/02/2024