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Freehold Commercial Investment With Potential For Additional Development
Address
See address
Auction date
26 Mar 2026
Guide price
£125,000
Type
Commercial
Tenure
Freehold
EPC Rating
C
Status
Upcoming
Description
This two storey freehold commercial building is located in Newport, the county town of the Isle of Wight. Currently leased to Blacks, part of JD Sports PLC, the tenant has notified to vacate by late May 2026. The property also has potential for additional development above the current premises.
Let under a commercial lease for a term of three years starting 1st July 2024 at an annual rental of £15,000.
The local authority is the Isle of Wight Council.
C (70). Total Floor Area: 367 sq.m.
Last update: 05 Mar 2026
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This two storey freehold commercial building is located in Newport, the county town of the Isle of Wight. Currently leased to Blacks, part of JD Sports PLC, the tenant has notified to vacate by late May 2026. The property also has potential for additional development above the current premises.
Auction Date
26 Mar 2026
Guide Price
£125,000